WhiteWhale skyrockets by 100 times in ten days: The crazy journey of Solana on-chain meme coin market capitalization

By the end of December 2025, the crypto market once again staged a myth. A Meme coin on the Solana chain called WhiteWhale achieved over 2500% increase in just ten days.

Its market capitalization continued to rise from December 20, and on the morning of December 29, it accelerated past previous highs, short-term surpassing $60 million, setting a new all-time high.

01 Market Performance

WhiteWhale sparked a storm in the crypto market at the end of the year. According to GMGN’s market data, as of December 29, this token surged 65.6% in 24 hours, with a trading volume of $4.9 million.

Looking at a longer timeline, its growth is even more astonishing. Since the rally began on December 20, WhiteWhale’s cumulative increase has exceeded 2500%, achieving a true “hundredfold” growth.

In terms of price, as of December 29, WhiteWhale is trading at approximately $0.0521, with a market cap of about $52.19 million. This violent surge was not overnight but a process of acceleration.

02 Growth Trajectory

The surge in WhiteWhale’s market cap shows a clear stepwise breakout. It first attracted widespread attention on December 26, when its market cap broke through $18 million, with a 24-hour increase of 33.82%.

Just two days later, on December 28, its market cap jumped above $35 million, with a 24-hour increase of 41.2%. This accelerating trend peaked on December 29, with the market cap breaking through $60 million.

These data points outline an extremely steep growth curve, indicating a high concentration of market funds and sentiment in a short period.

03 Driving Forces

Behind WhiteWhale’s sharp price increase, there are clear signs of capital-driven momentum. On-chain monitoring shows that an address marked as “Smart Money” (CJtQ…) had already begun accumulating as early as December 4.

At that time, WhiteWhale’s market cap was only about $540,000, and this address spent $9,600 to buy in. As the coin’s price skyrocketed, this investment is now worth $378,000, with a return of nearly 90 times.

Even more noteworthy is the project team’s own actions. According to GMGN data, WhiteWhale’s CTO-managed community treasury address (whitewhaletreasury.sol) has been continuously buying over the past two weeks.

Currently, this address holds 4.41% of the total tokens, valued at $1.1 million, with an unrealized profit of over 36%. This ongoing buying activity from the core team undoubtedly sends a strong confidence signal to the market.

04 Ecosystem Background

WhiteWhale’s explosion is not an isolated event; it is deeply rooted in the current Solana Meme coin boom. During the same period, other Meme coins in the Solana ecosystem also performed well.

For example, FKH increased by 28% in 24 hours, reaching a market cap of $15.71 million; CHILLHOUSE rose by 55.4% during the same period, with a market cap of $6.15 million. This reflects a rotation and gathering of market funds within Solana’s Meme coin sector.

The high performance of the Solana blockchain itself (high throughput, low transaction costs) provides an ideal environment for the issuance and trading of such highly volatile, speculative assets, which is one of the main reasons why this Meme coin boom has mostly erupted on Solana rather than other chains.

05 Risk Warning

Although WhiteWhale has brought an incredible wealth story, we must clearly recognize the significant risks involved. Professional media outlets like BlockBeats have repeatedly warned that Meme coin trading is highly volatile, and their prices largely depend on market sentiment and community hype, lacking real value or utility support.

The prices of these assets are entirely determined by short-term supply and demand and market sentiment, and liquidity can dry up quickly, leading to sharp price corrections or even zero. Historically, similar Solana Meme coins have experienced sharp declines after short-term surges.

Investors should carefully assess their risk tolerance while pursuing potential high returns, and avoid overlooking significant losses due to short-term high rewards.

Future Outlook

As of December 29, this Solana Meme coin called WhiteWhale briefly reached a high of $60 million in market cap. An early investment address’s assets expanded from $9,600 to $378,000 in less than a month.

In this crazy Meme coin craze, WhiteWhale’s CTO-managed address continues to buy, currently holding tokens worth $1.1 million, while the total market cap of the entire Solana Meme coin ecosystem has surpassed $12 billion.