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Gemini’s Report Shows Memecoins Leading Crypto Onramp

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gemini report memecoins onramp
Key Takeaways:

  • Memecoins drive main entry into crypto markets globally.
  • 94% of memecoin holders buy other cryptocurrencies.
  • Solana benefits from memecoin ecosystem adoption.

geminis-report-shows-memecoins-leading-crypto-onramp
Gemini’s Report Shows Memecoins Leading Crypto Onramp

Memecoins’ role as an entry point is critical in expanding the crypto user base, showing broader adoption and interest across demographic groups.

Gemini’s report details that as memecoins gain traction, new users are leveraging this asset class to access broader cryptocurrency investments. Majority of memecoin holders, 94% transition to other digital currencies, highlighting their role as a gateway into the crypto ecosystem.

“94% of memecoin holders globally also own other types of cryptocurrencies, suggesting that memecoins are effectively serving as an onramp to the wider crypto world.” – Gemini Research Team, 2025 Global State of Crypto Report

The focus is on individuals in countries such as France, Singapore, and the USA showing significant interest in memecoins first. This trend indicates a strategic avenue for new investors to explore the market through popular digital assets like Dogecoin and Shiba Inu, which have transitioned from fringe to mainstream assets.

Solana is identified as a prime beneficiary due to its blockchain infrastructure facilitating memecoin transactions. Beyond individual holders, memecoin expansion links to broader trends toward stablecoins and NFTs, with growing interest reported among younger demographics eager to diversify.

Market implications are substantial, with memecoins potentially increasing blockchain utility and activity. As such, the gap closes between speculative investments and more practical asset types. European and Asia-Pacific regions show robust adoption, suggesting potential for broader cryptocurrency mainstreaming.

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