Solana News
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.
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.
Solana Foundation Says It Can Filter Through the Offensive Meme Coin Problem
Panelists at a BUIDL Asia summit argue racist meme coins can be handled with a filter.
The Good, the Bad and the Ugly of Airdrop 'Points'
Projects are running wild with false advertising, promoting black boxes in a world where transparency should be paramount. The issue isn't with rewarding users in itself, but how these "loyalty programs" obfuscate opportunity costs, Solend founder Rooter says.
Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
The gains were broad-based, with SOL and AVAX advancing more than 10% over the past 24 hours.
Meet the Woman Behind Solana Hit Meme Coin ‘Doland Tremp’
The newly-formed PoliFi category is all about memes and laughs, while making a few bucks along the way, say the team behind the TREMP token.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.
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.
