Crypto traders bag millions as Trump’s Solana memecoin sparks frenzy
US President-elect Donald Trump’s Solana-based memecoin, TRUMP, sparks a trading frenzy fueled by high-profile trades and notable whale activity. Go to Source
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MoonPay acquires Helio in $175M deal to expand crypto payment services
MoonPay has acquired Solana-based payment processor Helio for $175 million to enhance crypto payment services. Go to Source
Mango Markets shuts down following SEC settlement
Mango Markets, a Solana-based DEX, is shutting down operations following an SEC settlement, governance votes and legal troubles stemming from a 2022 exploit. Go to Source
Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer?
Solana activity hits record highs on multiple metrics, but data reveals its performance could be inorganic. Go to Source
Crypto-native travel agency launches Solana-based tokens and rewards
Travala integrates Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT, and USDC. Go to Source
Deus X Capital unveils Solstice Labs to boost institutional DeFi growth
The new business is the latest of several digital asset companies Deus X Capital has a hand in. Go to Source
The rise and fall of celeb tokens: Over 99% of value wiped out
Celebrity-endorsed tokens on Solana (SOL) have crashed dramatically, leaving investors reeling from massive losses. Go to Source
Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia
Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration … Read more
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at … Read more
Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’
The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to slide 4% lower against the … Read more
