Your Daily Digest of Global Stories
The ETN is traded on Euronext Amsterdam. Investors get 75% of the rewards, the remaining 25% goes to VanEck. VanEck, an investment firm, reported that it included staking rewards in its solana-based market-traded notes (ETN) (SOL) traded on the Euronext Amsterdam in the Netherlands. From now on, the rewards generated by VanEck Europe They will…
The token would be used for governance of pump.fun. Additionally, pump.fun introduced a new version of its protocol. Pump.fun, the star platform in the creation of memecoins on the Solana network, reported the launch of its own token. The team behind the platform explained that This new crypto asset will be part of an airdrop…
Raydium is, at least temporarily, the most in-demand exchange in the world. This DEX absorbs only 21% of the market share of all decentralized exchanges. Raydium, a Solana decentralized exchange (DEX), is surpassing Uniswap, considered the world’s largest DEX, in net daily spot trading volume. To be precise, said Raydium volume, on Solana alone, exceeds…
In September 2023, Solana had the least network activity after the exchange crash. Volumes on DEX have a growth that Hashdex describes as “impressive.” The Solana network has seen a resurgence since late 2023, returning to activity levels prior to the FTX exchange collapse. Although FTX was a crucial pillar for the project, Solana has…
USDT has been on Solana for a long time, but this is a new access route. Users can connect USDT from Ethereum Virtual Machine to Solana natively. Allbridge announced the integration of USD Tether (USDT) into the Solana network through its bridge, facilitating a direct connection from the Ethereum Virtual Machine (EVM) to that network….
The market capitalization of memecoins on Solana exceeded $10 billion. Among the most popular are Dogwifhat, Bonk and PopCat. Today, October 12, 2024, the market capitalization of the memecoins of the Solana ecosystem exceeded 10.2 billion dollars. This capitalization was $2 billion below the market capitalization of ADA, Cardano’s native cryptocurrency and one of the…
Sonic, a second layer (L2) network from Solana (SOL), announced on October 10 the launch of SonicX, the first game of the style tap-to-earn (press to win) on the TikTok social network. In this mini-game, users must click on the mobile screen as fast as they can to allow a figure similar to a “boomerang”…
SuiPlay0X1 has an AMD Ryzen 7 7840U processor, 512 GB of SSD storage and 16 GB of RAM. Sui’s console will support “AAA” rated games. At the beginning of September, the first layer network (L1) SUI reported at an event held in Seoul, South Korea, the launch of its portable video game console with Web3….
The use of NFTs, Real World Asset and DEPIN fell by up to 18% in the last week. Interactions with the memecoin sector on Solana increased by 16% in the last 7 days. So far in October, most narratives on Solana (SOL) have seen a drop, while memecoins They stand out as the sector with…
Although in weekly terms Ethereum still leads, the gap is short. Solana has been hot on Ethereum’s heels for some time. The Solana network surpassed Ethereum, on October 5, in daily trading volume on decentralized exchanges (DEX), according to recent data from DeFiLlama. Reaching a volume of USD 1,122 million, Solana is above the second…
