If you're deep into the world of meme tokens, you know that the underlying blockchain can make or break a project's hype and adoption. A recent thread from Jacob Franek, co-founder of Alliance DAO, sheds light on where founders are building right now—and it's pretty much a showdown between Solana and Ethereum. Posted on X (formerly Twitter), the original thread breaks down application data from Alliance's accelerator program, revealing some eye-opening trends.

Alliance DAO, a leading crypto accelerator (check them out at alliance.xyz), receives thousands of applications each cohort from founders building innovative projects. Their latest data from the ALL15 cohort shows that a whopping 84% of applicants are focusing on Solana or Ethereum. This isn't just a snapshot; it's part of a longer trend that's been evolving since 2021.

Looking at the chart above, you can see how Ethereum (in green) held the fort early on, but Solana (blue) has surged ahead in recent halves. Other Layer 1s like Polkadot, Cosmos, and BNB are barely making a dent anymore. For meme token creators and traders, this is huge—Solana has become a hotspot for memes thanks to its low fees and fast transactions, powering hits like Dogwifhat and Bonk. Ethereum, with its robust security and DeFi integrations, still attracts projects that evolve into meme sensations. If you're launching a meme token, sticking to these two could give you the best shot at viral growth and liquidity.

But it's not just about L1s. The thread dives into Ethereum's Layer 2 solutions, where things are a bit more competitive but still consolidated.

Here, Base (blue) has rocketed to the top in just two years, outpacing veterans like Polygon (green) and Optimism (orange). Shoutout to Jesse Pollak for that, as Franek notes. Base, built by Coinbase, offers super cheap transactions and easy onboarding, making it a prime playground for meme tokens. We've seen a bunch of Base-based memes popping up, leveraging its integration with social platforms. If Ethereum's gas fees have been a barrier for your meme ideas, L2s like Base are lowering that hurdle significantly.

The thread also touches on geographic shifts in founder activity, which could signal new frontiers for meme culture.

Interestingly, the US and Canada (blue) are seeing a rebound, thanks to friendlier crypto policies. But Africa (pink) is the real standout, growing fastest. This could mean more diverse meme narratives emerging from regions with high mobile adoption and youthful populations—think localized memes that tap into cultural trends beyond the usual Western vibes.

Franek poses a thought-provoking question: Will stablecoin-focused L1s ever gain traction with founders? Based on the data, it seems unlikely in the near term, as developers flock to proven networks like Sol and ETH for their ecosystems' vibrancy.

For meme token enthusiasts, this data underscores why Solana and Ethereum remain kings. They offer the tools, communities, and liquidity that fuel meme mania. If you're building or investing in memes, keep an eye on these trends—they could dictate where the next big pump happens. And if you're a founder, Alliance's ALL16 cohort is open for applications; it might be your ticket to accelerating your project.

Stay tuned to Meme Insider for more updates on how blockchain trends intersect with the wild world of meme tokens.