Solana’s memecoin world stayed busy but didn’t see any huge explosions today. The whole memecoin market on Solana is worth around $6 billion, up a small 3% from yesterday. Trading is steady, but not as crazy as the earlier parts of the year. 

The big names — $BONK, $WIF, and holiday-themed coins — are leading most of the action.

What’s been happening?

• Some holiday coins have been pumping: Christmas coins are heating up as December gets closer. One old meme, $RIZZMAS, shot up recently and even teased NYC billboards and community events.
  
• Fast movers of the day: Coins like $PIPPIN, $TBY, $SHOGGOTH, $PENGO, $WEN, $FARTCOIN, and more hit the “top gainers” lists. Typical Solana-style: tiny coins going 10–50x in hours. New coins like $MISO and $FRANKLIN also took off.
  
• Overall vibe: No major scams or crash stories today, but fewer brand-new launches. Some people are shifting attention toward memes that have actual use cases — like $BONK’s debit card waitlist.
  

So memecoins on Solana are still the wild west — you can make money fast or lose it faster — but trading feels calmer than last year. 

The major expectation is that holiday tickers and narratives start to spawn. 

The Kamino vs. Jupiter Lend Drama — Explained like you’re newish. 

The basics

Kamino and Jupiter Lend are two big loan apps on Solana. Think of them as crypto banks where you can deposit tokens and borrow against them. Both are fighting for users in a very competitive space.

Jupiter Lend launched some flashy new features — high interest rates, “isolated” loan vaults (supposedly meaning if one loan goes bad, it doesn’t hurt the others), and a one-click button that lets you move your loans over from competitors like Kamino.

Where things went wrong

• Jupiter advertised their vaults as “zero risk from other assets.”
  
• Soon builders and analysts checked the code and realized that wasn’t fully true. Jupiter was reusing some of the deposited assets behind the scenes (to earn more yield), which can connect risks between vaults.
  
• Kamino said this was misleading and dangerous for users.
  

What Kamino did

Kamino reacted by blocking Jupiter’s auto-move tool, meaning users can’t instantly switch their loan positions over with one click. You can still move manually — it’s just not automatic anymore.

This started a huge fight on crypto Twitter:

• Some said Kamino was protecting users.
  
• Others said Kamino was acting anti-competitive in a supposedly “open” ecosystem.
  

Jupiter’s response

Jupiter:

• Deleted the posts that claimed “zero contagion risk.”
  
• Admitted the wording was wrong in a honest and very brave move.
  
• Added stronger security controls.
  
  But the damage was already done — trust took a hit.
  

Why it matters

• For users: It shows why you should always understand how lending apps work. Even simple features can hide extra risks.
  
• For the ecosystem: Rivalries push innovation, but shady marketing slows progress.
  
• Good news: No one lost money — this wasn’t a hack or an exploit. Just a messy argument about how honest protocols should be.
  

So, too long and you didn’t read? 

Two big Solana loan apps got into a fight. One said “we have zero risk,” but that wasn’t fully true. The other blocked their tool because of it. No funds were lost — just a lot of debate over transparency and competition.