In recent months, there has been a notable surge in the popularity of meme tokens, with one standout being Book of Meme (BOME), which has also sparked increased interest in Solana (SOL). However, amidst a downward market trend, both cryptocurrencies have faced pressure from bearish forces. BOME, in particular, exhibited remarkable performance over the past 30 days, contributing to a bullish momentum for Solana to some extent.

BOME witnessed an astonishing 1500% surge in value, as reported by 21milyon.com. This surge had a ripple effect, with SOL also experiencing a significant increase of over 53%. Analysis of Santiment’s data indicated a substantial rise in social activity surrounding both cryptocurrencies during March 16-18. As of the latest update, both BOME and SOL prices have shown minimal movement over the past 24 hours, suggesting they are maintaining similar trends.

While BOME was valued at $0.01461 and SOL at $196.86, the trading volume for both cryptocurrencies decreased by 28% and 38%, respectively. Insights from Hyblock Capital revealed that BOME saw minimal liquidation on its upward trajectory until it reached its peak.

Looking ahead to April, if BOME initiates a bullish trend, there is a strong possibility of it reaching or even surpassing its all-time high. Such a scenario could also positively impact the price of Solana. Analysis from experts suggests that SOL is currently following an ascending triangle pattern, with potential for another bullish rally upon breaking out of this formation. The Relative Strength Index (RSI) further supports this upward trend with a sharp increase recorded. Considering the liquidation levels of BOME and the bullish sentiment surrounding SOL, it appears likely that both cryptocurrencies could kick off a bull run at the beginning of the second quarter.

In conclusion, the surge in BOME's value and its correlation with Solana's performance highlight the growing influence of meme tokens in the cryptocurrency market. Despite recent market fluctuations, there is optimism for a potential upward trajectory for both BOME and SOL in the coming months.