Meme coins like PEPE and Fartcoin are emerging as major gas consumers on Ethereum and Solana, leading to increased fees in June 2025.
Impact of Meme Coins on Networks
Meme coins continue to significantly impact trading volumes and network costs, despite recent challenges surrounding account blocking. This activity notably affects the Ethereum and Solana ecosystems.
Transaction Economics and Gas Fees
Gas consumption characteristics on blockchains notably shift with the dominance of meme coins like Dogecoin and Shiba Inu. The high trading activity of coins like PEPE and Fartcoin results in a sharp increase in gas prices, affecting transaction economics. Rising gas costs impose financial burdens on users on both blockchains.
Future of Meme Coins and Network Optimization
History indicates that meme coin frenzies often lead to temporary network congestion and fee hikes, as seen in 2021 and 2023. Future initiatives may involve efforts to optimize gas fee models, highlighted by active discussions on platforms like GitHub.
Meme coins continue to exert significant influence on blockchain ecosystems, emphasizing their role in creating economic impacts and challenges for users.
