SOL Meme Coin CATE Surges 140% to $35M Market Cap

A single-day move of this size on a coin with a $35 million market cap is less a signal about CATE than about the appetite for Solana meme exposure, which had cooled and is now being retested. The distinction matters: this is a liquidity-and-attention event, not a fundamentals one, and the affected cohort is the small set of traders already positioned in Solana's speculative tail. The open question is whether this interest broadens across the sector or stays concentrated in one name.