Solana meme coins are experiencing a resurgence in positive momentum after a period of decline. Daily trade volumes are significantly on the rise, and many prominent tokens are showing significant price increases.

The heightened network activity is assisting Solana in bouncing back from a 12-month low. While the meme coin sector faced challenges such as pump-and-dump schemes and tariff-related disruptions, these speculative assets are regaining momentum as concerns about the macroeconomy ease.

Solana meme coins have been a favored segment within the cryptocurrency space, but recent controversies have impacted the market. Issues like pump-and-dump schemes and scandals like the Argentinian LIBRA case have tarnished the reputation of these assets. However, trading volumes are increasing again.

A trading platform called Axiom recorded over $100 million in daily trading volume for the first time on April 14, representing around half of the Solana meme trading market share. Another platform, Pump.fun's PumpSwap decentralized exchange, quickly gained a 14% market share.

Data indicates that decentralized exchange trading on Solana is rebounding after a significant dip in March. The recent growth in Solana meme coins isn't limited to specific platforms but is widespread across the ecosystem.

While these numbers have a way to go to reach their previous peak from January, the signs of recovery are encouraging. Several individual Solana meme coins have shown substantial price increases. Despite challenges like tariff disruptions and token unlocks affecting assets like TRUMP, most of the top ten coins in this category saw gains of over 20% in the past week.

Solana's price is also reflecting the increased network activity, with a 20% surge following a 12-month low. It appears that Solana meme coins are staging a comeback, at least in the short term. However, the volatility in these assets may lead to more significant reactions to macroeconomic shocks compared to the broader market.