Solana News
Solana Passes Ethereum on DEX Volume
Solana has replaced Ethereum as the No. 1 smart-contract blockchain as trading volume in Solana-based decentralized exchanges (DEX) has increased 67% to $21.3 billion in seven days, according to data tracked by DeFiLlama. Could the increase in volume be catalyzed by the hype around Solana-based meme coins? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
Swing Into Meme Coins: 5 Questions With OSF
Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, answers five rapid-fire questions from CoinDesk including his meme coin genesis story, the rising popularity of the Solana ecosystem, and why he participated in the fundraiser to get dogwifhat on the Las Vegas Sphere.
Meme Coins Are 'Just a Little Bit Above Gambling,' OSF Says
Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, joins "First Mover" to discuss the fundraiser that aims to send the dogwifhat meme coin to the Las Vegas Sphere, and the recent hype around meme coin pre-sales. Plus, the impact of meme coins on the Solana ecosystem.
Solana Strained by Meme Coin Mania, But Co-Founder Yakovenko Welcomes the Test
In an exclusive interview with CoinDesk, Solana co-founder Anatoly Yakovenko weighs in on the meme coin frenzy that has brought attention and activity to the blockchain – along with complaints that transactions aren't going through.
Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature
The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.
Solana Leapfrogs Ethereum on DEX Volume
The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.
Standard Chartered Bullish on Bitcoin; SOL Crosses $200 Amid Meme Coin Frenzy
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Standard Chartered raised its year-end forecast for bitcoin's (BTC) price to $150,000 from $100,000. Plus, surge in Solana’s SOL token on the back of the meme coin frenzy. And Kalshi brings betting on crypto to U.S.-based traders?
Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'
The trend was fueled by the success of Book of Meme (BOME), which turned a few hundred dollars into hundreds of thousands in paper gains for early investors.
SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
