Decentralized exchanges (DEXs) saw a spike in speculative trading activity, led by Solana-based meme tokens and ultra-low-cap pairs posting extraordinary gains, some exceeding 500,000%. While these micro-cap tokens showed extreme percentage increases, the bulk of trading volume and liquidity remained concentrated in major pairs like SOL/USDC and WETH/USDC. This trend highlights a rapid rotation of liquidity and heightened risk appetite among traders, especially in meme-driven markets. High transaction counts on certain pairs suggest broad retail participation rather than isolated large trades, signaling a dynamic and speculative on-chain environment.
Bitcoin fell below $60,000 this week due to continued outflows from U.S. spot bitcoin ETFs, a hawkish Federal Reserve, and a stronger U.S. dollar, which made crypto more expensive for foreign buyers. Major cryptocurrencies like ether, XRP, and solana...
The Ethereum Foundation announced a 40% budget cut and laid off about 20% of its workforce shortly after the launch of EthLabs, a new Ethereum research organization backed by major ecosystem stakeholders. While some see these cuts as a sign of financ...
Solana is making significant progress in the cryptocurrency ETF market by offering staking rewards close to 6%, which is higher than the current staking yield of Ethereum. This competitive yield makes Solana-based ETFs more attractive to investors lo...
Bitcoin fell sharply below the $60,000 level, hitting around $59,462 after a steep intraday decline driven by a sell-off in tech and AI stocks, sticky inflation, and hawkish Fed policies. The entire crypto market is down, with major coins like Ethere...
Solana (SOL) is testing a critical support level around $69 as increased short selling pressure meets growing institutional involvement and stablecoin activity on its network. Despite a slight daily price increase, SOL remains down over 4% weekly and...
