The Solana on-chain Meme coin ecosystem has new developments. The WhiteWhale project recently surpassed a market cap of $100 million, attracting considerable attention.

Interestingly, an operation by a top holder address has sparked market interest. This address holds 3.04% of the total supply of the coin. The initial purchase cost was only $80,900. After holding for 27 days, the paper profit has soared to $1.6 million. In other words, the return on investment exceeds 5,000%.

Such levels of profit carry certain risks in the Meme coin market, but they also reflect the opportunities early entrants can seize in Solana ecosystem projects. As a low-cost, high-speed public chain, Solana has indeed attracted a large number of Meme coin innovations, with new projects emerging daily. This case may provide some inspiration for later participants—however, risks and rewards are often two sides of the same coin, and market volatility remains something to be cautious of.