Solana's decentralized applications generated about $5.14 million in daily revenue, nearly 17 times more than Base's $304,000, according to DeFiLlama. This gap reflects Solana's strong app-layer monetization driven by high-frequency trading and launchpads, while Base, despite Coinbase backing and low fees, struggles to convert activity into significant app revenue. Solana's monthly app revenue rose from $91 million in May to $143 million in August, signaling accelerating adoption and supporting arguments for monolithic Layer-1 chains over Layer-2 solutions like Base.
On October 20, Zcash (ZEC) spot ETFs attracted $1.61 million in net inflows, standing out as the only altcoin ETF to gain fresh capital. Meanwhile, Solana (SOL), Hyperliquid (HYPE), and NEAR spot ETFs experienced net outflows, with SOL extending its ...
A single wallet withdrew 370,000 Solana (SOL), worth about $39 million, from Binance over three hours and staked the entire amount roughly 15 minutes later. Staking SOL allows holders to earn rewards on the Solana network, indicating this large holdi...
Solana (SOL) experienced a sharp 2.36% price drop within one hour, falling to $105 on October 20. This decline was driven by long position liquidations totaling $1.05 million across Binance, Bybit, and OKX, significantly outweighing short liquidation...
Solana (SOL) surged 2.33% to $107 within one hour on Binance's SOL/USDT spot market, driven by significant short liquidations totaling $3.45 million across Binance, Bybit, and OKX. This surge outpaced long liquidations, which were only $80,000, indic...
Bitcoin fell 1.52% to $81,429 on Tuesday morning, with five of the six major cryptocurrencies declining. The total crypto market capitalization dropped 3.25% over 24 hours to $2.75 trillion. Ether, XRP, Solana, and Dogecoin all saw losses, while BNB ...
