Decentralized exchanges (DEXs) saw a surge in activity with daily volume reaching $17.04 billion and 35.19 million transactions, driven largely by Solana-based memecoins. Tokens like Jimothy the Raccoon, Bear on Pol, and The GameStop Bull led trading, with some posting extraordinary percentage gains due to low liquidity and viral interest. Despite these spikes, actual capital flow concentrated in a few pairs such as Jupiter/MET and Bonk/MET. The rapid shifts highlight the high-risk, speculative nature of current DEX trading, emphasizing the need for caution as liquidity can quickly rotate away from underperforming tokens.
Solana (SOL) is stabilizing near $76, testing a key resistance zone between $80 and $85 that it must reclaim to confirm a stronger recovery. Analysts highlight layered support levels at $76.69, $67.06, and $53.33, with potential for a rebound if Bitc...
Solana is trading near $75.88, defending a crucial support zone that could lead to a rise toward $80 if resistance is broken. Meanwhile, the crypto exchange Bullish has launched tokenized stock trading on the Solana network, completing its first regu...
Bitwise Asset Management and Superstate have partnered to explore tokenized shares for selected Bitwise funds, starting with the Solana staking ETF (BSOL). This model would allow investors to hold ETF shares recorded either traditionally or on a bloc...
Solana is set to launch its Alpenglow upgrade, which aims to reduce transaction finality time from about 12.8 seconds to roughly 150 milliseconds. This upgrade enhances the network's ability to confirm that transactions cannot be reversed much faster...
The stablecoin market cap increased by $1 billion on the TRON network last week, outpacing other chains significantly. This growth, led by issuers like United Stables, reflects rising demand for liquidity in the crypto market. Despite this, stablecoi...
