Tokens from Solana memecoin launchpad Pump.fun recorded an all-time high of $3.3 billion in weekly trading volume, fueled by a torrent of President Donald Trump-themed memecoins. On Jan. 23 alone, trading soared past $544 million,
Solana has surged to dominate nearly half of the decentralized exchange (DEX) market, largely driven by the memecoin launchpad Pump.fun, which has seen more volume than the Ethereum network in recent weeks,
Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.
Solana’s SOL token rocketed after a memecoin linked to President-elect Donald Trump launched on the popular blockchain network.
The TRUMP meme coin frenzy caused Solana dApps to suffer during an increased period of trading volume and congestion.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.
The global cryptocurrency market is currently in a bullish phase, with a 1.68% rise, increasing its total market capitalization to $3.69 trillion. Amid this
Ripple (XRP) and Solana (SOL) investors think that FXGuys ($FXG) could be the next Solana because of its advanced technology and booming presale. Find more details here!
Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.
While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.