The Solana-based memecoins have experienced a surge in the last 24 hours, with several tokens posting double-digit gains. This bullish trend follows heightened market speculation triggered by investment firm VanEck's recent filing for the first Solana ETF in the United States.

The prospect of this ETF has injected optimism into Solana's ecosystem, prompting an uptick in trading volumes across its associated memecoins. However, Bloomberg analyst James Seyffart suggests that the ETF is unlikely to launch this year, as significant regulatory shifts, potentially influenced by changes in leadership at the White House and the SEC, would be necessary for the ETF to come to market.

Among the top performers, BOOK OF MEME (BOME) has surged by 17.20% from its 24-hour low, now trading at $0.0107. The token's market capitalization and 24-hour trading volume have also seen a significant increase of 16% and 124%, respectively.

Dogwifhat (WIF), another Solana memecoin, has experienced a positive shift, with the price moving between an intra-day high and low of $2.24 and $1.98, respectively. Despite the rally, WIF is still down 37% in the last month and 56% from its all-time high. At press time, WIF was trading at $2.11, a 5.20% surge from the support level and a 4.75% surge in the last week.

Bonk (BONK), a popular Solana memecoin, was bearish in the early part of the day but has since recovered, recording a 7-day high of $0.00002493 after a 15% rally. However, the recovery has yet to erase the bearish momentum experienced in the last month, with the BONK price still down 40% and 49% from its all-time high of $0.00004704 in March.

The surge in Solana memecoins reflects the growing investor interest as traders anticipate an explosive rally if the Solana ETF is approved. While the regulatory hurdles remain, the increased trading volumes and price movements suggest that the Solana ecosystem continues to garner attention in the cryptocurrency market.