The rise of Trump meme coins has led to a battle between Ethereum and its rivals, particularly Solana.
Solana hits new all-time highs in both TVL and DEX volume after the explosive debut of TRUMP and MELANIA on the crypto market.
Coinbase CEO Brian Armstrong said the crypto exchange is working hard to scale up amid a surge in activity on Solana.
The recent explosion in adoption on Solana seems to have awakened Ethereum developers, who are now calling for a hastening of the ecosystem's innovation processes. Dankrad Feist, a researcher at the Ethereum Foundation, recognized that the current upgrade roadmap was “too unambitious.
The first day after Jan. 20 did not start as planned for the cryptocurrency market. With no announcement of the Bitcoin Strategic Reserve, the only thunderous event was someone depositing almost a quarter of a billion dollars worth of Solana (SOL) tokens on the leading U.S. crypto exchange Coinbase.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
The year 2024 was pivotal for digital assets, with numerous historical milestones achieved. The latest data shows that blockchains collectively generated $6.9 billion in fees in 2024.
An analyst known for making timely crypto calls is sounding the alarm about the possibility that the asset class may be hovering close to a bull market peak.
Solana increased its real economic value, further establishing its position as a chain for fast meme trades.
Solana (SOL) has begun the week with strong bullish momentum, signaling that a new all-time high could be on the horizon. As the crypto market sees an uptick in price action, Solana is experiencing heightened demand, with its price rebounding to $270 after briefly dipping to $295.
Coinbase, the largest US-based crypto exchange, is being criticized by users for significant delays in processing Solana (SOL) transactions.
Coinbase has announced that $SOL deposits could take up to 1,061 minutes to process, or roughly 17 hours and 41 minutes. This news has left many scratching their heads for a blockchain that prides itself on speed.
The recent Solana transactions on Coinbase have experienced significant delays, triggering reactions among users.
Coinbase users have experienced significant delays with Solana transactions following the launch of memecoins by former President Donald Trump and his wife Melania.
Disgruntled Coinbase users have taken to social media to voice their anger over massive delays in Solana withdrawals from the exchange.
Rivalry has added support for the TRUMP Solana meme coin, with bettors earning extra NUTZ rewards towards the upcoming RVLRY token airdrop.
As markets mulled Melania Trump's meme coin, Solana-based applications like Jupiter and Phantom experienced degraded performance.
The TRUMP token's meteoric surge is reshaping the market and helping Solana's rise.
Some Coinbase users report Solana transfers taking hours to clear on the crypto exchange.
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The crypto market was shaken by allegations surrounding a pump-and-dump scheme involving Solana meme coins allegedly linked to the Cuban government. The ‘CUBA' meme coin, launched unexpectedly, initially reached a market capitalization of $30 million before its abrupt disappearance raised concerns.
Analysts at Bernstein acknowledged the wackiness of the TRUMP token launch, but said that it signals a new era for crypto regulation.
Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.
Solana DEX saw an inflow of liquidity on Meteora, and peak volumes on Orca DEX, as all other decentralized markets reached peak activity.
It appears Cuba's Ministry of Foreign Affairs promoted a memecoin early Monday before the account was later disabled.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
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Solana (SOL) has recently hit a new record high, driven by massive interest in meme coins launched on the network by President Donald Trump and his wife, Melania.
The Phantom wallet turned into one of the most important onboarding apps for Solana users, with new traders rushing to buy TRUMP and MELANIA meme tokens.
The launch of the highly anticipated TRUMP token, associated with U.S. President Donald Trump over the weekend, sparked a frenzy in the cryptocurrency market.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
TL;DR A Solana user made nearly $40 million in profits with the MELANIA memecoin after a staggering 25,600% price surge in just hours. Analysts warn that 90% of the token's supply is held in a single wallet, raising concerns about a possible “rug pull” or massive fraud.
The Solana price has experienced a strong bearish reversal after achieving a new ATH of $294.33 yesterday. Reportedly, the price experienced a pullback after encountering a network congestion-like situation.
Solana (SOL) has recorded impressive performance lately as prices soared to all-time highs above $290 yesterday Further, the blockchain dominates the meme crypto space, housing half of the top ten meme coins. The latest TRUMP and MELANIA meme coins' launch on Solana has elevated the ecosystem's appeal.
Solana (SOL) continues its impressive rally, trading around $253.94 at press time, after hitting a record high of $294.33 on January 19.
In a recent response on X, Coinbase CEO Brian Armstrong highlighted an unexpected surge in Solana activity. Armstrong noted that Coinbase's Solana infrastructure was under significant pressure, stating that the Coinbase team had been working hard to scale the infrastructure in response to the unexpected surge.
Chainlink (LINK) joined Solana (SOL) as a top performer, gaining 4.3%.
Over the weekend, Solana's blockchain faced heavy congestion as demand surged, fueled by the popularity of memecoins inspired by Donald and Melania Trump.
The cryptocurrency market heated up at the beginning of 2025, with Solana (SOL) indicating a strong possibility of a big rally. In addition, Rexas Finance (RXS), an emerging coin at $0.175, is quickly gaining popularity as the next top crypto.
These coins are worth monitoring for potential breakout opportunities. As market conditions evolve, Fibonacci levels, Elliott Wave structures, and RSI readings align, making them key candidates for continued momentum ahead.
The launch of Donald Trump's official memecoin on Solana has boosted the TVL and SOL price to new all-time highs and at the expense of rival Ethereum.
Solana ETF could be closer than ever—making Solana the coin to keep an eye on in 2025.
Crypto season is alive and well. The sector lifted off after Donald Trump won the election in early November, promising a much friendlier regulatory environment than under President Joe Biden's administration.
Solana leaders praised the chain's milestone despite its challenges as Bybit's Ben Zhou pledged a better Solana experience for on-chain users.
The Solana network has experienced outages as frenzied buying of memecoins such as $TRUMP and $MELANIA cause huge price surges.
Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact.
Solana price roared to a record high, helped by its strong fundamentals in the DEX and meme coin industry. While the SOL token has pulled back from its weekend highs, analysts expect that it has more upside to go.