Pump.fun Fee Account Sells $25m SOL
Pump.fun, a meme coin launch platform, sold more Solana tokens generated in fees. Lookonchain, a blockchain data monitoring platform , announced on November 18 that Pump.fun has sold 105,000 Solana tokens. Lookonchain said on X that the offloaded tokens, which at the time amounted over $25 million, originated from the meme factory’s fee account. The […]
Solana DApps See Revenue Increase in Crypto Memecoin Frenzy
In the past 24 hours, Solana dApps based have achieved unprecedented revenue and fee activity, seemingly due to the resurgence of memecoin surge. Five out of the top ten protocols by fees in the last 24 hours were on Solana, according to a November 18 X post from decentralized finance commentator Patrick Scott, who cited […]
Pump Fun sells 43,000 SOL as Solana hits $220
Pump Fun has made over $263 million in revenue, selling a total of 793,243 SOL, despite selling off, its fee account still holds 220,865 SOL. As a result of the recent increase in the price of Solana to $220, the popular cryptocurrency launchpad Pump Fun has sold off a greater portion of its SOL holdings. […]
Anatoly Yakovenko Talks About What Is Next For Solana
According to Anatoly Yakovenko, Solana possesses three advantages: transaction efficiency, infrastructural focus, and scalability. In a recent interview, Anatoly Yakovenko, the founder of Solana , discussed the distinctive position that this ecosystem occupies in the blockchain landscape. He contrasted its implementation with other Layer 1 blockchain systems and L2 scalability solutions. He has previously expressed […]
Eclipse, First Ethereum L2 based on Solana Goes Live
Eclipse, the first layer-2 network that integrates Ethereum and Solana into a single blockchain, has been launched. Eclipse’s network launch on November 7 was one of the most anticipated network debuts of the year, as the hybrid blockchain project had already secured over $65 million in funding. Eclipse Network Launch On Ethereum The newly launched […]