Solana News Today: Investors Shift From Hype to High-Yield Staking in Crypto's New Era

Solana-based meme coins BONK and WIF have seen a notable decline in momentum amid growing interest in Layer Brett (LBRETT), a new Ethereum Layer 2 token that is attracting attention for its technical infrastructure and high staking rewards. Recent market data shows that BONK, once a top-performing Solana meme coin, has lost steam, with its price falling to $0.000023 as of August 24, 2025, reflecting a year-over-year gain of just 9.26% despite a significant market cap of $1.86 billion. Meanwhile, WIF has not been highlighted in recent trading data, though its trajectory aligns with broader Solana meme coin trends, which appear to be facing headwinds.

Layer Brett, currently in its presale phase, is emerging as a strong contender in the meme coin space. The token is built on Ethereum Layer 2 technology, offering fast transaction speeds, ultra-low fees, and substantial staking rewards. Early adopters can purchase LBRETT at $0.005 and stake them through a decentralized application to earn high annual percentage yields, reported to exceed tens of thousands of percent. These incentives, combined with the token’s fixed supply of 10 billion units, are attracting a growing number of retail and institutional investors.

Analysts attribute the shifting momentum to several factors. Solana, while still a respected blockchain, has struggled to maintain upward pressure on its native token, SOL, and its ecosystem meme coins like BONK. BONK’s recent volatility, including a 58% surge in trading volume over a weekend, has not translated into sustained price appreciation. The coin has seen a 31.48% drop in buyers and a 39.43% drop in sellers over a 24-hour period, indicating a mixed sentiment among traders. Institutional activity has been a key driver of some of BONK’s price fluctuations, but without broader market support, gains have been short-lived.

In contrast, Layer Brett’s Ethereum Layer 2 foundation positions it as a more scalable and efficient alternative. Unlike many meme coins that rely on hype alone, LBRETT integrates real blockchain utility, including gamified staking and cross-chain expansion plans. Its transparent roadmap and community-driven approach have contributed to its growing appeal, particularly among investors seeking long-term value rather than speculative short-term gains.

The broader market context also plays a role in the shift. As the crypto bull run of 2025 continues, investors are increasingly prioritizing projects with strong technical foundations and clear utility. This trend is evident in the growing interest in Layer 2 solutions like Optimism and Arbitrum, which offer similar benefits to LBRETT. With BONK and WIF failing to deliver consistent returns, the market is turning to newer tokens that align more closely with these emerging trends.

As the presale for Layer Brett continues, it remains to be seen whether it can sustain its momentum and deliver the substantial returns analysts predict. For now, the shift in investor attention underscores a growing preference for technically sound, utility-driven projects in an increasingly competitive and volatile market.

Source:

[1] Experts Warn Solana (SOL) Momentum Is Slipping, While Layer Brett (LBRETT) Builds Steam For 65x Gains (https://coincentral.com/experts-warn-solana-sol-momentum-is-slipping-while-layer-brett-lbrett-builds-steam-for-65x-gains/)

[2] Layer Brett: The Ethereum Layer 2 Meme Coin Being ... (https://www.mitrade.com/insights/news/live-news/article-3-1082828-20250831)

[3] Bonk Price, BONK Price, Live Charts, and Marketcap (https://www.coinbase.com/price/bonk)

[4] Bonk Index BNKK Price (https://www.coingecko.com/en/coins/bonk-index)