US Senators Elizabeth Warren and Richard Blumenthal have called on the SEC to investigate the $TRUMP memecoin on Solana after its value plummeted by about 97-98%, resulting in nearly $3.8 billion in losses for almost 1 million investors. They allege the token operated as a "pump-and-dump" scheme, with insiders, including former President Donald Trump, reportedly profiting around $636 million. The investigation could clarify if $TRUMP was an unregistered security, which would have broader legal implications. This move highlights increasing regulatory scrutiny on crypto projects linked to political figures and could impact the wider memecoin market on Solana.
Solana has become the top blockchain for decentralized exchange (DEX) volume, regularly exceeding $17 billion weekly and surpassing $3 trillion in cumulative trades. Key drivers include stablecoin swaps, memecoin transactions, and tokenized equities,...
Render token surged about 19% to $1.83, marking it the second strongest AI-related crypto after Sui on September 21, 2026. The rise reflects growing demand for Render's GPU-based distributed computing service, which supports 3D rendering and AI train...
Solana's price rose 7.6% to $116.63, while its largest app, Jupiter, jumped 13% to $0.305, reflecting a capital shift from the base chain to applications. Jupiter benefits from increased trading volume on Solana, which boosts its fees and token buyba...
Bitcoin's recovery is boosting the broader crypto market, with altcoins such as Solana, Ethereum, SUI, Avalanche, and Dogecoin showing strong gains. SUI is nearing the key $1 level, Solana is testing resistance near $120, and Ethereum is pushing towa...
Solana's SOL token surged past $116, causing a major short squeeze that liquidated over $18 million in bearish positions. This rally began after SOL broke through the $110 resistance level for the first time in seven months, forcing short sellers to ...
