Bitcoin was the first step in the creation of a whole new industry called crypto. Numerous cryptocurrencies emerged after that, and while some have similar code to that of Bitcoin, others are more sophisticated versions. Meanwhile, the creation of memecoins added a lighter and fun shade to the crypto canvas.
The Solana ecosystem is thriving with memecoin trading activity. It surpassed Ethereum in terms of memecoin creation and trading with sophisticated DeFi platforms. Pump Fun has been a popular memecoin creation platform, giving birth to numerous memecoins on the Solana blockchain. Another Solana DeFi platform, Meteora, is creating waves in
The Solana Foundation has recently encountered a bug that allowed hackers to mint some tokens and even take those tokens from users’ accounts. However, the bug has been reportedly fixed now. The Foundation’s analysis reveals that the vulnerability was first found on April 16, and it could have permitted a
The broader crypto market is facing uncertainty with no significant ups or downs in the last 24 hours. Bitcoin is trading in the $81K price range, while Ether continues to drop below the $1,600 price level. The crypto fear and greed index reads 21, indicating a fear market sentiment. Several
The crypto market continues its mundane performance with Bitcoin trading in the $83K price range and Ether falling back to $1,900. Meanwhile, a few of the cryptocurrencies are recording considerable price gains such as ORCA, ACH, FARM, and CAKE, among others. Orca is one of the top decentralized exchanges on
The Solana network has recently witnessed an unprecedented surge in the creation of new SPL tokens, reaching historic highs over the past week. With an average daily creation rate exceeding 7,800 SPL tokens, this uptick underscores a remarkable increase in token activity within the ecosystem. Notably, on March 15 alone,
In the realm of cryptocurrency, meme coins are currently enjoying their moment in the bull run, with several projects witnessing staggering gains. Today, the Solana ecosystem has emerged as a notable hotspot, where two meme coins, MYRO and Dogwifhat (WIF), have seen a rapid rise in their value after being
Over the years Solana (SOL) has been doing a great job in developing its ecosystem. Moreover, Solana offers a secure, fast, and censorship-resistant blockchain enhancing an open ecosystem needed for global adoption. For this reason, investors are curious to grab Solana tokens. In addition, Solana is one of the widely
