Fartcoin has now become the second largest memecoin on the Solana network by market capitalization. Following a 15% increase, Fartcoin’s market cap has exceeded the $1 billion threshold. In the last 24 hours, Fartcoin has experienced a rally of over 15%, breaking through the psychological barrier of $1 to trade at $1.06 at the time of writing. As a result of this memecoin’s increase, Fartcoin’s market capitalization has surpassed $1 billion, leaving Bonk (BONK) behind at approximately $980 million.