1. SOL chain popularity picks up, and large MC memecoin emerge
After more than a month of sluggish market conditions on the chain, the market conditions on the Solana chain have started to pick up recently. From the data, the Dex transaction volume and chain revenue on the SOL chain have increased slightly, and the number of chain transactions has not changed much. At the same time, Raydium has launched its own asset issuance platform Launchlab, which has received official support from Solana and has begun to gradually form a dual-hero pattern with Pump.fun.
Data source: DefiLlama
In terms of specific asset issuance, Solana has two relatively bright projects recently, namely $RFC and $DARK:
1. $RFC - Musk's Satirical Meme Coin
$RFC's X-platform social account nickname is Retard Finder, which was created in December 2024. Its tweets mostly revolve around immigration policies and radical environmental protection issues. It leans towards the right wing, stands with Trump, and criticizes white leftists.
Since March this year, the account has attracted the attention of celebrities such as Musk and Eric Trump, and the number of fans has soared from more than 200,000 to 720,000, with an average daily increase of about 20,000, far exceeding the growth rate of similar political satire accounts. In addition, Musk's account has also interacted with the $RFC account 22 times.
Thanks to its attention-grabbing and viral spread, RFC has achieved rapid growth in market value since its issuance on March 25. It was launched on Binance Alpha on April 8, and its market value reached a peak of US$130 million in less than a month. Its current market value is around US$60 million.
2. $DARK - A new AI concept integrating MCP technology
$DARK (@Darkresearchai) is an innovative crypto project initiated by @edgarpavlovsky. It is a Solana blockchain project that combines AI security, privacy protection and GameFi, and provides innovative support for AI agents through TEE and MCP technologies. Founder Edgar believes that games are a testing ground for new technologies, and $DARK is their window to show the strength of AI infra, so the project currently launches games to demonstrate its technical vision and promote the development of tokens. The games it provides are a game universe that is only for AI to play. Humans bet, sponsor, and design strategies through tokens $DARK, and AI calls and grows itself through the tool stack based on MCP.
Another token launched with $DARK is called $MTN. Both projects have a close relationship with the SOL Foundation. mtnDAO is a community-driven organization centered on the Solana ecosystem. Its core activities include hosting hackathons and summits to promote collaboration and innovation among developers. Solana co-founder @aeyakovenko often mentions mtnDAO and participates in the activities they organize to discover and connect more outstanding developers. Edgar Pavlovsky is the co-founder of mtndao and the founder of the $DARK project. mtnCapital is an experimental on-chain investment fund launched by mtnDAO to invest in projects in the Solana blockchain ecosystem. Its governance model adopts Futarchy (a decision-making mechanism based on prediction markets) to guide investment decisions through price changes of $MTN tokens.
Source: X@alu69420
Since its launch on April 4, the price of $DARK token has been rising all the way, breaking through 3000m USD in about two weeks, and $MTN is about 1000m USD. With the combination of AI+technical experimental games+Solana Foundation, it can be said that $DARK is likely to lead a new wave of Sol chain market.
At present, the activity of the SOL chain is relatively quiet compared with the previous Meme season, but it still occupies a leading position in the issuance of new assets on the chain and serves as a weather vane. That is, after the market heat on the Sol chain recovers, its wealth effect can easily drive the recovery of the market on other chains, so we must pay close attention to the trends of the Sol chain and new projects with potential.
Data source: Artemis
Compared with the leading Sol chain, BNB Chain is not as good as Solana in terms of transaction volume and active addresses, but after the hot on-chain market at the beginning of the year, BNB Chain's own on-chain data has grown rapidly. At the same time, comparing the data of the two chains' main launch platforms horizontally, Fourmeme has a higher "graduation rate" than Pumpfun, and it is easier to capture the leader and has a higher investment hit rate. Taking the data on March 24 as an example, Four issued 7124 tokens, 93 of which were listed on Dex from the internal disk (1.3%), and the number of tokens that reached 1m market value on the launch day was 3 (0.04%); Pumpfun issued 34072 tokens, 303 of which were listed on Dex from the internal disk (0.8%), and the number of tokens that reached 1m market value on the launch day was 1 (0.002%).
BNB Chain’s on-chain market is also catching up, and even has a higher graduation rate. SOL’s on-chain recovery should also focus on BNB Chain’s recovery signs. The competition between the two chains is essentially a competition between the leading projects of the two chains.
Data source: Dune@juliooofive
As the current SOL chain market shows signs of recovery and large MC memecoin emerge, while paying attention to SOL chain assets, we should also pay more attention to the emergence of new assets on the BNB Chain.
2. SKYAI—the “new prince” of BNB Chain?
While the large MC memecoin on the Solana chain were emerging, BNB Chain launched its first pre-sale fundraising project, SKYAI, on April 17. The launch platform was provided by Four.meme and forwarded and promoted on social media. Although the market reviews were mixed at the time of launch, most investors chose to deposit their own BNB into the address in the hope that the project would become a stimulant to activate the current BNB Chain ecosystem. Since the launch of the sale, more than 33,000 BNBs have been raised, equivalent to approximately 20 million US dollars.
SKYAI aims to connect AI and blockchain based on the MCP protocol. The SKYAI core provides three functions:
1. An MCP protocol extension for an AI-enhanced blockchain ecosystem.
2. An accurate and massive cross-chain data set and data multi-chain MCP service.
3. A development toolkit to accelerate blockchain development.
Through the above functions, based on the form of on-chain data, aggregated data and on-chain operations, SKYAI will release an extended protocol that is fully compatible with Anthropic's original MCP. Using this unity, SKYAI will introduce real LLMs into the blockchain world, break the data silos between different blockchains, and accelerate blockchain development.
Compared to $DARK, which also has the MCP AI concept on SOL, skyai is more inclined towards protocol, generality and infrastructure projects, aiming to provide general MCP expansion services for various blockchain projects.
In terms of background, although the project team is anonymous, the project launched Four.meme for the first time and occupies a brand new functional section. It has also been forwarded and frequently interacted on the official Twitter account. There is reason to believe that the project is the "Whampoa Military Academy" on the chain and is openly supported by Four.meme and even BNB Chain.
With the signs of recovery of the Solana chain ecosystem, BNB Chain needs new projects to activate the current stagnant water. At this time, BNB Chain’s first pre-sale oversubscription + AI hot MCP concept + Four.meme platform + practical product planning were successfully launched. There is reason to believe that SKYAI’s sudden emergence is a planned leading project, and it may become the next "crown prince" of BNB Chain.
