The new meme darling emerging on Solana is the space coin (SPACE).
SPACE is a pure meme coin that was just launched in early December 2025, featuring an avatar of a Shiba Inu wearing a helmet sitting on a rocket, playing on the dual theme of space + dog. The timing of the launch was particularly precise, coinciding perfectly with the successful fifth test flight of SpaceX's Starship, and Musk was also wildly posting rocket emojis on X, instantly igniting interest in the aerospace concept. The community responded enthusiastically, and within a few days, it surged over 200 times, with the highest market cap reaching $150 million, while Dexscreener ranked it as the hottest.
Why is it so popular? First, people have grown tired of old memes and are looking for new stories; the space narrative naturally attracts attention.
Second, with Musk's halo effect, whenever he casually shares a rocket video, the SPACE community collectively spams @ him, amplifying the FOMO sentiment.
Third, meme coins on the Solana chain are inherently hot, they pump quickly, and retail investors love to chase them. Many people bottom-fished at low prices and exited with dozens of times their investment, with the community filled with screenshots of wins.
Now the price has corrected significantly, dropping 70% from its peak, with a market cap remaining at over 40 million. The community is still active, with some waiting to see when Musk will make a call, while others have already fled. To be honest, SPACE has no practical use cases and purely relies on sentiment and aerospace news for momentum; the next successful Starship flight or Musk mentioning space could likely trigger another surge. (Like, share, and follow to receive a BTC red envelope.)