Solana tokens by fundamentals

The 25 Solana tokens carrying a full 25-variable score, ranked against the whole 251-token universe.

25 of 251 rated tokens (10%). Scoring pass 11 Jun 2026.

Tokens

Median score

107

of 250

Best

170

SOL

Weakest

POPCAT

What this group has in common

These are the 25 tokens issued on Solana that carry a full 25-variable score, 10% of the rated universe. Grouping by chain surfaces something a single token page cannot: tokens sharing a settlement layer tend to share its constraints, its regulatory treatment and its liquidity conditions, so the variables where this group collectively wins or loses say as much about Solana as they do about any individual token on it. The median composite here is 107 of 250, against a range of 73 to 170.

Collectively strongest on

Circulating / FDV Ratio5.68
Vesting Schedule5.52
Regulatory Safety5.24

Collectively weakest on

Buyback and Burn3.16
Institutional Adoption3.52
Real Staking Yield3.72

Figures are the mean 1-to-10 score across all 25 members of the group, so they describe the group as a whole rather than any single token.

Ranked members

Ordered by composite score. The rank column is the position across the whole 251-token universe, not within this group, so it shows where each member stands against everything else that was rated.

25 tokens in the Solana group, ranked by composite score
Rank	Token	Score	Verdict	Market cap	Dilution	Summary
6	SOL Solana	170	HOLD	$42.63B	1.09x	High-throughput L1 with dominant DEX volume and meme coin launchpad traction. Network reliability improved significantly post-2023.
7	GEOD GEODNET	169	HOLD	$82.5M	2.2x	Revenue NOT declining: Q2 2026 $1.93M (+10% QoQ). ARR $7.3-9.5M. 80% burn Foundation-controlled (governance, not smart contract). ATH $0.3746 not $0.43. 20K+ stations, 150+ countries. P/S 9.9-14.4x (expensive vs Helium 3.1x). Deflationary crossover approaching post-Jun 2026 halving.
19	JUP Jupiter	151	HOLD	$607.7M	3.01x	S39 VALIDATED: Solana's DeFi superapp. 93.6% aggregator share, $2.9B TVL. Revenue declining -78% but net-zero emissions + vesting done.
29	DRIFT Drift Protocol	142	HOLD	-	-	Most active perp DEX on Solana. v3 cross-margin launching June 2026. 35% Solana perp market share.
35	KMNO Kamino Finance	138	CAUTIOUS HOLD	$96.6M	1.91x	S38 VALIDATED: #1 Solana lending, $3.2B TVL, $14.3M rev, but ZERO value accrual to KMNO. Excellent protocol, worthless token.
39	BANANA Banana Gun	135	CAUTIOUS HOLD	$14.1M	2.49x	Telegram trading bot with real revenue and buyback mechanism but entirely dependent on on-chain trading volume cycles
42	JTO Jito	134	CAUTIOUS HOLD	$246.0M	1.97x	Solana MEV and liquid staking with $2.8B TVL; jitoSOL growing fast but JTO governance has no direct fee accrual yet.
46	RAY Raydium	129	CAUTIOUS HOLD	$166.4M	2.06x	Cyclical memecoin infrastructure. Revenue collapsed 76% from peak. PumpSwap forking the model.
56	ORCA Orca	123	CAUTIOUS HOLD	$65.9M	1.64x	Concentrated liquidity DEX on Solana. Whirlpools with user-friendly UX.
62	HNT Helium	122	CAUTIOUS HOLD	$33.1M	1.23x	Pioneer decentralized wireless network with real Solana migration complete; MOBILE/IOT subDAOs growing but HNT value accrual thin
71	MNDE Marinade	119	WATCH	$10.2M	1.83x	Largest Solana liquid staking protocol. mSOL for staked SOL.
89	TNSR Tensor	112	WATCH	$30.9M	1x	Leading Solana NFT marketplace and trading platform. Pro tools.
106	PYTH Pyth Network	107	WATCH	$307.7M	1.27x	Cross-chain oracle with 500+ price feeds used by $100B+ DeFi TVL; but only 34.5% circulating and token value accrual to PYTH minimal.
110	SLND Solend	106	WATCH	-	-	Algorithmic lending/borrowing on Solana. Largest Solana lending protocol.
118	PENGU Pudgy Penguins	104	WATCH	$388.1M	1.41x	Meme/NFT brand token for Pudgy Penguins collection; high social proof and retail distribution via Walmart toys, but no protocol revenue and pure sentiment play
124	SHDW Shadow Token	103	WATCH	$2.7M	1x	Solana-native decentralized storage. GenesysGo shdwDrive infrastructure.
135	GMT STEPN	101	WATCH	$21.1M	1.93x	Move-to-earn fitness app. Walk/run to earn crypto rewards.
135	AUDIO Audius	101	WATCH	$17.7M	1x	Decentralized music streaming. Artists earn directly from listeners.
177	BONK Bonk	93	PASS	$243.5M	1x	Solana's original dog meme coin with $480M market cap; massive community but zero fundamental revenue and pure sentiment-driven price action.
184	MOBILE Helium Mobile	92	PASS	$5.1M	2.58x	Helium subDAO token for mobile network; extremely low liquidity and no direct value accrual beyond coverage reward emissions
184	W Wormhole	92	PASS	$52.0M	1.6x	Cross-chain messaging with $45B+ cumulative bridge volume; only 18% circulating with devastating vesting schedule and no protocol revenue to token.
199	WIF dogwifhat	88	PASS	$140.0M	1x	Solana's top dog meme with fully diluted supply and $200M market cap; pure meme energy with no utility, revenue, or roadmap.
208	NOS Nosana	86	PASS	$25.8M	1x	Solana-native GPU inference network. CI/CD pipelines on decentralized compute.
219	PRCL Parcl	80	PASS	$6.1M	1x	Real estate price indices on Solana. Trade city-level housing markets.
231	POPCAT Popcat	73	PASS	$42.6M	1x	Pure Solana memecoin based on the Popcat internet meme; zero utility, zero revenue, 100% sentiment and market cycle exposure

Dilution is eventual supply divided by circulating supply, derived from supply counts rather than from a fully diluted valuation, so it does not move with price. A 1x reading means the float is already complete.

Keep reading

All 251 rated tokensThe full ranking and the method behind the 25 variables.Solana (SOL), the group leader170 of 250, 6th across the whole universe.

Market caps from CoinGecko, fetched 6 Aug 2026. Scores come from the research pass dated 11 Jun 2026. Research and analysis, not investment advice. Early Thunder scores are one framework applied consistently across 251 tokens, not a prediction of price.