Solana Nieuws
Meme Coins See Sharp Sell-off as GameStop Losses Extend
Losses in GameStop (GME) shares have spread to meme tokens that tend to mirror the stock’s movements. The Solana-based meme token GME, which parodies the company, slid more than 10% on the day. Related tokens like Roaring Kitty and other cat-themed tokens lost an average of at least 5%, according to data tracked by CoinGecko. CoinDesk's Helene Braun presents "The Chart of the Day."
How Iggy Azalea's MOTHER Meme Coin Produces Millionaires
Rapper Iggy Azalea's MOTHER token hit another all-time high on Thursday, extending the gains for Solana's latest hot meme coin. Just days after the launch, the MOTHER token has reached a market cap of $200 million, producing millionaires among those who saw the token skyrocketing. CoinDesk's Helene Braun presents "The Chart of the Day."
Could Solana's SOL Hit $200 by Month End?
Solana's native token SOL has been leading the recent rebound in the digital assets market, outperforming most crypto majors. Daniel Cheung, co-founder of hedge fund Syncracy Capital, wrote on X that he’s confident SOL could retake the $200 level by the end of the month. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
CZ's 'Good Guy' Reputation; Money Laundering Risks of Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Judge Richard Jones acknowledging Binance's former CEO Changpeng Zhao as a "do-gooder." Plus, a new report from the UK government on the money laundering risks of crypto between 2022 and 2023. And, the crypto restaking hype spreads from Ethereum to Solana.
Base Monthly Active Addresses Increased by 160% in March: Nansen
Which blockchains are scoring the most active addresses in March? Data tracked by Nansen shows that active addresses on Base increased by 160% while Solana, Ronin and Linea are all seeing growth of over 50%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin, Ether Rise Amid ETF Steam in Hong Kong; Solana's Latest Update
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin and ether briefly rose on news that multiple issuers in Hong Kong said they'd been approved for spot crypto exchange-traded funds (ETFs). Plus, the latest update in Solana to tackle network congestion and gains in meme coins and AI Tokens.
Wormhole’s W Token Has a 999% Weekly Return; Why VanEck Is Bullish on Ethereum Layer 2s
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Solana DeFi application Kamino offering a weekly yield of more than 999%, paid out in W and JTO tokens. Plus, VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 and CFTC data shows that leveraged funds held record net short positions in CME's bitcoin futures last week.
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.
