Solana climbed 4% while popular meme coins Billy, Mitchie and Popcat Sour.

Solana jumped 4 percent in the past 24 hours as the market rallied following the assassination attempt on former President Donald Trump. Along with the news that many say will bolster his bid for the presidency, Solana's meme coins are growing the network's popularity to a large extent.

The popular meme coin Billy (Billy) rose 44% in the previous day, leading the market capitalization of the largest Pump.fun. At the time of writing, it sits at a market value of $168 million, with MICHI in second place at $100 million.

That said, Michi also posted an impressive 28% increase in hits in the last 24 hours. With his Twitter account still posting regular Mickey edits, it looks like nothing out of the ordinary has happened with the project — even involving the cat in Trump's failed assassination attempt.

Other Solana meme coins also outperformed SOL, such as Popcat (POPCAT) which jumped 27.6%, Matt Furie-inspired token LandWolf (WOLF) 13.5%, and Gigachad (GIGA) which rose 12.1%. In fact, most of Solana's meme coin market has seen DogwhipHat (WFF) up 3.1% and BONK (BONK) up 2.4% in the past 24 hours.

The rally comes after the German government finally emptied its wallet on Friday after sending billions of bitcoins to markets and market makers. The reduction of this significant selling pressure caused the market to start recovering at the beginning of the weekend.

This rally was fueled by the failed assassination attempt on Trump, which seemed to strengthen his election bid. When the presumptive Republican candidate was seen as a pro-crypto candidate, crypto markets jumped accordingly.

Both Bitcoin (BTC) and Ethereum (ETH) rose by 4.3% and 4.4%, respectively, with Solana trailing behind with 4%. During the week, Solana increased by 8.8%, Bitcoin by 9% and Ethereum by 9.8%.

Edited by Stacy Elliott.