Solana Gains Ground on Ethereum in DEX Activity: Sustainability Under Scrutiny
TL;DR Solana DEX activity has grown significantly in 2024, reaching 57% of Ethereum’s activity, driven by the rise of meme coins. Raydium has surpassed Uniswap...
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DeFi Technologies Launches SolFi to Expand Investor Access to the Solana Ecosystem
TL;DR DeFi Technologies launches SolFi Technologies, a company focused on providing direct access to the Solana ecosystem. SolFi will use validator nodes and advanced algorithms...
Jito and Solana Surpass Ethereum in Fee Revenue
TL;DR Jito and Solana have outpaced Ethereum in fee revenue over a 24-hour period. Jito has generated $2.79 million and Solana $2.45 million, compared to...
Canary Capital Files for Spot Solana ETF Amid Regulatory Challenges
TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment opportunities...
Jito Surpasses USDC and Ethereum in 24-Hour Fees, Boosting Solana’s Onchain Activity
TL;DR Jito Surpasses USDC and Ethereum in Fees: Jito collected $4.16 million in fees within 24 hours, becoming the second-highest fee-collecting protocol globally, just behind...
Sui: The Blockchain Solana Was Meant to Be, Says Hoskinson
TL;DR Charles Hoskinson praised the Sui blockchain and highlighted its innovations. He compared Sui to Solana, suggesting that Sui is what Solana should have been....
Melania Trump Launches Fashion-Forward Necklace with Solana NFT Integration
TL;DR Melania Trump launched a necklace collection that includes an NFT on the Solana blockchain. Buyers receive a unique NFT as proof of digital ownership...
PayPal’s PYUSD Stablecoin Drops 30% as Solana DeFi Incentives Decline
TL;DR PayPal’s PYUSD stablecoin has seen its market cap drop by 30% over the past month. The drop is due to declining incentives in Solana’s...
Frankendancer: Solana’s Latest Upgrade Sparks 5% Surge in SOL
TL;DR Frankendancer Upgrade Launched: Solana’s new Frankendancer validator client, developed by Jump Crypto, has been successfully deployed on the mainnet, enhancing network performance and scalability....
Solana Launches ZK Compression: 1000x Savings and New Technological Opportunities
TL;DR Solana launches ZK Compression on its Mainnet-Beta network. Offers 1000x cost savings for developers. ZK Compression also solves the problem of state growth on...