WHITEWHALE Surges on Liquidity Injections and Community Incentives Amid Meme Coin Market Rally

The White Whale (WHITEWHALE), a Solana-based meme coin, surged over 13,000% in early 2026, reaching a $140 million market cap. This dramatic increase was fueled by liquidity injections and community incentives, with a former Hyperliquid trader known as The White Whale injecting $140,000 into liquidity and $100,000 into community rewards. The narrative of community-driven support and resistance to rug pulls and KOL manipulation resonated with retail investors.

The token’s rise is part of a broader trend in the Solana-based meme coin market, which has seen increased on-chain trading volume and TVL. An anonymous investor turned a $68,240 investment into $4.48 million in 27 days, highlighting the token’s volatility. Despite these gains, experts caution that the token’s performance remains highly dependent on liquidity and retail momentum, with long-term sustainability in question.