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Solana meme coins including Pudgy Penguins (PENGU) and dogwifhat (WIF) are exploding today after Congress passed landmark legislation for the crypto industry.
The Digital Asset Market Clarity Act of 2025, also known as ‘Clarity’, was passed with 294 votes in favor against 134 against in the U.S. House of Representatives last Thursday.
This was a landmark victory for the crypto sector after years of struggling with regulation-by-enforcing measures from the United States Securities and Exchange Commission (SEC) that crippled the growth of crypto projects in the country.
Clarity introduces the first federal regulatory framework for cryptos in the U.S. and covers a wide range of topics including which agencies are in charge of regulating different aspects of the crypto market, registration guidelines for exchanges and other similar institutions, and legal requirements for initial coin offerings (ICOs).
Brand awareness for PENGU has been increasing lately. A report indicated that more than 250 brands are displaying a Pudgy Penguins profile picture across their social media accounts.
Happy 250+ Pengu Pilled Brands to those who celebrate!
We gonna add more and more brands every day 🐧
I was able to gather a lot of ones I missed using https://t.co/ic4q2cvQgZ made by @now_nft , great dashboard made by him! We have 256 Brands huddling with us ❤️ pic.twitter.com/RLzJUl6kB2— Stoney Stark (@0xStoneyStark) July 19, 2025
PENGU Seems Poised to Hit $0.47 as Bullish Momentum Gains Traction
In the past 24 hours, PENGU has seen its price increase by 16.2% and has accumulated a 300% gain in the past 30 days after Canary Capital’s application for an ETF linked to this token was acknowledged by the SEC.
This kicks off a 240-day deadline for the agency, after which it must make a decision on whether to approve the ETF’s listing or require some amendments to its prospectus.
Meanwhile, WIF may have received a booster by Clarity’s passing as this token has also booked gains of 70% in the past 30 days.
Other meme coins in the Solana ecosystem, including Fartcoin (FARTCOIN) and Bonk (BONK), have also booked big gains of 74% and 158% respectively as positive momentum has been accelerating.
PENGU and BONK stand out among the best-performing assets as their gains have surpassed the sector’s combined market cap expansion of 71% during this 30-day period.
Getting an ETF approved for PENGU would mean a big deal for the entire meme coin category as it will boost the credibility of these community-centered assets as legitimate investments rather than pure speculative assets.
The daily chart shows that PENGU sent a strong buy signal after its 9-day and 21-day exponential moving averages (EMAs) crossed above the 200-day EMA.
The price has been advancing rapidly toward the next area of external liquidity in this time frame at $0.047. Despite its latest rally, PENGU still offers a 30% upside potential from its current level.
The Relative Strength Index (RSI) has stood in overbought levels for days, meaning that the uptrend’s strength is still quite high.
As Solana meme coins have jumped to the spotlight, we could expect that additional liquidity will flow to these tokens in the future.
To take advantage of this trend, a new crypto presale called Snorter (SNORT) has launched a sophisticated trading bot that snipes the most promising assets in the Solana and Ethereum ecosystem.
Snorter (SNORT) Raises More Than $2M to Launch Its Meme Coin Sniping Bot
Snorter (SNORT) uses advanced algorithms to identify the hidden gems of the Solana and Ethereum ecosystem while protecting traders from fraudulent tokens.
The bot incorporates robust MEV, honey pot, and rug pull detection logic to select only the safest and most promising meme coins and also lets users set limit orders to secure decent entry prices on each trade.
Snorter features low commissions and the developing team plans to secure partnerships with top DEXs to execute trades automatically at the best possible cost.
Once the solution starts to deliver positive results, the demand for $SNORT will likely explode.
To buy this token at its discounted presale price. Head to the Snorter website and connect your wallet. You can either swap SOL, USDT, or ETH for it or use a bank card to invest.
