The cryptocurrency sector is witnessing a surge in memecoin activity, with notable developments on both the BNB Chain and Solana networks. BNB Chain has announced plans to prioritize memecoin transactions as gas fees have surged by 400%, reaching $15 million in fees, which is double that of Ethereum's total. This move aims to enhance the speed and efficiency of memecoin trading on the platform. Meanwhile, Solana's memecoin launchpad, Pump.fun, has launched a mobile app for iOS and Android devices, allowing users to create and trade memecoins from anywhere. The app has facilitated over 7 million token launches since its inception and generated nearly $500 million in fees over the last year. Additionally, the memecoin market has seen a frenzy with the creation of tokens inspired by former Binance CEO Changpeng Zhao's dog, named Broccoli, leading to numerous rug pulls and scams.