As the official memecoin of the second Donald Trump presidency flirts with a market cap of $10 billion, and Melania Trump, the next first lady, launches her own, Balaji Srinivasan, the former CTO of Coinbase, said in a thread on X that this whole category of tokens could be equated to gambling. “There is no […]
Solana’s TVL Crosses $10B for First Time Since FTX Collapse After TRUMP Memecoin Launch
The “official” memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn helped the total dollar value locked (TVL) on the network top $10 billion for the first time since the collapse of FTX. Donald Trump’s choice of […]
Solana Hits $275 Lifetime Peak as Official Trump Memecoin Surges to $8B
Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his “official” memecoin. The choice […]
El Salvador’s Secret Weapon? Its Extensive Bitcoin Education Program, Says Stacy Herbert
El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most advanced crypto regulatory frameworks in […]
XRP, Ether Dive as ‘Official’ Trump Memecoin Bumps Solana 9% Higher
Top-performing xrp (XRP) and Ethereum’s ETH saw profit taking early Saturday as a Donald Trump-themed “official” memecoin attracted $3 billion in its first few hours after being issued on the Solana network, driving demand for SOL tokens. Price-action in bitcoin (BTC) and most majors, such as dogecoin (DOGE) and BNB Chain’s BNB, remained muted as […]
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