Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The token on Solana sits at a current price near $0.00105, placing it firmly in the micro-cap tier of meme assets by price level. Its market capitalization sits around $72.5 million, signaling an established footprint within Solana’s meme economy without venturing into the ultra-small micro-cap niche. The short-term price trajectory has been mixed: roughly -0.74% in the last hour, +2.49% over the past 12 hours, and about -3.23% over the last 24 hours, with a subdued +0.42% move over the 4-hour window. This kind of cadence is typical in actively traded meme ideas where attention can swing quickly on social triggers and liquidity flips.
Liquidity & Holders
On-chain liquidity sits around $10.6 million, which translates to a liquidity-to-market-cap ratio near 0.15. That figure suggests a depth that is solid enough for routine trading but not so large that it forbids quick price moves if sentiment shifts. The token boasts a substantial holder base—about 83,011 unique addresses—indicating a broad and distributed community rather than a handful of concentrated wallets. In practice, this combination often supports more resilient intraday activity, yet it also means that sentiment can pivot quickly as new wallets enter or exit the space.
From a health perspective, the liquidity strength is described as strong in the on-chain data, which aligns with the observed trading activity. Still, the relation between liquidity and market cap signals that traders should remain mindful of potential liquidity chokepoints during sharp price moves driven by headlines or large swappers.
Momentum Signals
Volatility metrics show a 1-hour volatility index around 0.021, signaling noticeable but not extreme swings in the very near term. The trend direction is labeled volatile, with volume momentum described as accelerating. Taken together, this points to an environment where tactical entries and exits can yield quick gains or losses, depending on how social sentiment and on-chain flows evolve.
The most recent near-term sentiment leans modestly negative, with sellers slightly outpacing buyers in the latest window even as a portion of buyers remains active. For readers watching on-chain signals, this pattern means caution is warranted when entering positions; brief upticks can occur, but they may be followed by retracements if selling pressure persists or liquidity tightens during bursts of selling.
Activity & Participation
24-hour total volume is about $1.12 million, accompanied by roughly 1,671 on-chain transactions in the same span. The buy/sell transaction split shows a practical balance, yet the 24-hour window reveals more sell activity than buy activity in aggregate. Buyer and seller counts are in the mid-twenties to low-thirties range for the two most recent windows, indicating ongoing, but not overwhelming, participation. Such dynamics are common in meme ecosystems where attention can dissipate between waves of hype and renewed interest.
For observers, a rising volume paired with volatile price often signals that traders are actively redistributing risk—entering during brief enthusiasm and exiting when momentum cools. This pattern aligns with a “Phoenix” social archetype, where the narrative cycles through revival phases even as a broad audience remains engaged.
Age & Community
Created roughly 13,872 hours ago, the token sits in the established category, suggesting over a year of continuous presence in the market. With a large, active base, the community supports ongoing discussions and on-chain interactions, which can sustain interest during downturns and potentially amplify moves during bursts of positive sentiment.
The narrative tag of “The Phoenix” captures the idea of revival—an asset that may recover or re-energize after cooling periods. While that framing can be compelling for storytelling, it’s important to separate narrative from guaranteed outcomes and to monitor how on-chain behavior tracks with shifting market conditions.
Risks to Watch
- High volatility is inherent in meme tokens; rapid price swings can outpace risk controls.
- Liquidity, while solid on average, can thin during moments of stress or when exchange listings shift, potentially widening spreads or slippage.
- Smart-contract risk remains a factor—audits, upgrades, and governance changes can alter risk profiles suddenly.
- Macro and regulatory changes can influence liquidity, access, and market sentiment for Solana-based tokens.
Research Tips
Use on-chain data as a compass for understanding what is driving activity, not as a crystal ball for price forecasts. Consider the following practical approaches:
- Track liquidity-to-market-cap over time to gauge depth relative to size, watching for sudden dips or spikes.
- Monitor holder growth and churn to assess whether the community is expanding or consolidating around a few wallets.
- Check momentum across 1h, 4h, 12h, and 24h windows to identify evolving trends or sentiment reversals.
- Compare total volume with transaction counts to distinguish broad participation from concentrated moves by a few actors.
- Observe the balance of buy vs. sell transactions and the counts of buyers vs. sellers, while recognizing that single-window signals are imperfect indicators.
More from our network
- https://transparent-paper.shop/blog/post/parallax-maps-distance-to-a-blue-hot-star-at-18-kpc/
- https://blog.digital-vault.xyz/blog/post/slow-astrometric-drift-of-a-distant-blue-star-via-dr3/
- https://transparent-paper.shop/blog/post/parallax-evolution-illuminates-a-blue-giant-in-ophiuchus/
- https://crypto-acolytes.xyz/blog/post/the-evolution-of-arcade-shooter-cabinets-through-the-ages/
- https://blog.digital-vault.xyz/blog/post/photometry-opens-a-window-into-stellar-atmospheres-of-a-distant-blue-star/
As you explore the landscape of Solana meme coins, remember that on-chain data provides a nuanced perspective. Trends evolve, attention cycles shift, and liquidity can tighten or surge in response to external signals. Use multiple signals to form a picture, and be mindful that correlations do not promise outcomes.
Disclaimer: This article focuses on educational context and is not financial advice. It aims to illuminate on-chain signals for learning and discussion purposes.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.