Entering 2025, the hot spots in the crypto market are undergoing a noticeable shift. Once-popular NFT projects are experiencing a continuous decline in activity, with slow transaction speeds causing frustration. Meanwhile, established meme coins like DOGE, SHIB, and PEPE, as well as emerging meme tokens on the Solana chain, have become the new favorites among traders.

**Cooling Period of the NFT Market**

Data shows that NFT trading volume has significantly declined over the past year. OpenSea and Blur dominate the majority of the market share, while smaller NFT trading platforms are gradually being marginalized. This reflects a change in trader mentality—they are demanding higher liquidity, and NFTs with low trading activity and difficult transactions are almost ignored. In simple terms, NFTs are no longer the market focus, and trader enthusiasm has clearly waned.

**Why Memecoin Is Defying the Trend**

In contrast, Memecoin performance is quite different. Established meme coins like DOGE, SHIB, and PEPE maintain relatively stable trading interest, even during market downturns, they can still attract attention. Newly launched meme coins on Solana are especially active—thanks to low transaction fees and rapid block confirmation speeds, these tokens make short-term trading particularly flexible and convenient.

The key is that, although individual meme coins may not have large market caps, their trading volumes are astonishingly high. This characteristic naturally suits quick in-and-out trading strategies. This also explains why more and more active traders are flocking to this sector—ample liquidity, low trading costs, and large operational space make these advantages especially prominent in the current market environment.