PANews reported on January 5th, citing Cointelegraph, that with the start of 2026, the Memecoin sector has rebounded strongly, with its overall market capitalization rising 23% in the past week, from $38 billion on December 29th to $47.7 billion at the beginning of January. Trading volume also surged from $2.17 billion to $8.7 billion during the same period, an increase of 300%. DOGE and SHIB rose by over 20% and 19.9% respectively, while PEPE rose by over 65%. Analysts believe that Memecoin's strong comeback reflects a recovery in market risk appetite, which may drive other altcoins higher, with Solana potentially being one of the beneficiaries.