Top 5 Solana Memecoins to Watch as January 2026 Kicks Off a New Risk-On Cycle

Memecoins surged into January 2026, with total market capitalization jumping around 30% to above $47 billion as risk appetite returned and capital rotated into Solana-based tokens. Led by strong gains in BONK, PEPE, DOGE, and PENGU, the rally reflects a mix of tax-driven re-entry, Bitcoin stability above $90,000, and renewed retail momentum, setting the stage for heightened volatility as speculative interest accelerates.