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Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered ...
As the race to approve a spot Solana ETF heats up, most investors are focusing on one thing: SOL. But what if the real upside ...
(Bloomberg) -- Rug pulls. Sniping. Trading “cabals.” The niche world of memecoins on the Solana blockchain is rife with danger for those unfamiliar with the machinations that cause token ...
It also became the go-to blockchain of choice for memecoins when Pump.fun, a memecoin creation platform, made it easier to create cryptocurrencies on Solana. At its peak, Pump.fun launched more ...
Until late 2023, when the first inklings of the memecoin frenzy were beginning to show, Solana was a relative ghost town. With barely anyone using the network, the services built atop it had to ...
Solana's memecoin-driven growth seemingly peaked, and the network is now facing declining daily active addresses. See why I downgrade SOL-USD from buy to hold.
ChatGPT’s new cartoon avatar feature has sparked a bizarre wave of meme coin creation on Pump.fun, where degens are minting tokens based on AI-generated PFPs—despite rising legal pressure and ...
While Solana is currently “faster, cheaper and easier to use,” according to Kling, Ethereum’s long-term positioning could be strengthened by Solana’s current struggles.
As the memecoin market thrives, Solana’s blockchain is gaining popularity for its fast, cost-effective, and efficient transaction capabilities. BTC $103,535.24-2.31 % ETH $2,430.11- ...
DeFi Development shares rose after the company said it was collaborating with a memecoin to operate a node to validate blockchain transactions. The stock rose 16% to $105 Friday, marking a 52-week ...
Memecoin DApps revenue grew by over 300 times in 2024. In January, memecoin applications in Solana earned about $600,000 in revenue. In November, the category’s earnings jumped to $183 million.
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