Decentralized Finance (DeFi) activity might be falling as of early September. According to DeFiLlama, all DeFi protocols spread across major blockchains like Ethereum and Solana manage roughly $77 billion worth of assets.
This innovative tool aims to offer projects a competitive edge, directly challenging Meteora's Dynamic Pools, which have gained traction in the space. “Burn & Earn” offers token teams a way to secure liquidity while continuously earning trading fees.
Gigacat ($GCAT) has become the latest cat-themed meme coin to launch on Raydium, a Solana-based decentralized exchange.
Mask Network, in collaboration with key partners, announces winners of the TON Consumer App Hackathon, highlighting innovation in the TON blockchain ecosystem.
The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.
Decentralised exchange (DEX) tokens have joined the rest of the crypto industry in a deep sell-off. Uniswap (UNI), the biggest DEX in the industry, has retreated to $5.56, down by over 66% from its highest point this year. Similarly, Raydium (RAY), the biggest Solana DEX, has dropped to $1.
Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.
TL;DR Meme Coin Mishap: Solana-based DEX Raydium attempted to launch a meme token called CTO via Twitter. However, another CTO token deployed by Makememe.now caused confusion, leading to a 75% drop in the official Raydium CTO meme token within 24 hours. User Frustration and Raydium's Response: Users expressed frustration after losing funds.
The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things "didn't exactly go as expected."
Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.
Decentralized exchange Raydium launched a meme coin called CTO using a new crypto launchpad, but things didn't go according to plan.
Uniswap and Raydium saw outsized inflows of users as market optimism returned in July. Raydium continues to surpass bigger chains and protocols in terms of weekly fees.
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Mask Network's Suji Yan and Lens Protocol's Stani Kulechov discuss the future of decentralized social networks at ETHCC.
Raydium (RAY) is one of the cryptocurrencies to see huge gains in the past week. After trading to lows of $1.46 on June 24, Raydium price has risen steadily to reach highs of $2.73 on July 22.
This integration simplifies and speeds up entry into the dynamic Solana network. By integrating MoonPay, a financial technology company that facilitates fiat-to-crypto transactions, Raydium aims to lower the barriers to entry.
The crypto market is buzzing with numerous digital assets, so it's not surprising that many promising altcoins remain under the radar.
The protocol also announced an Android app allowing users to trade on the mobile phone platform, among other upgrade features.
Solana's main decentralized exchange, Raydium, has grown in volume in the past months. Recently, Raydium's activity surpassed Uniswap based on the growing demand for Solana-based assets.
Mask Network announces the launch of its first staking program.
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support.
Decentralized social networks remain a hot topic as concerns over data privacy, censorship, and corporate influence continue to escalate. People seek more control over their digital interactions, so the promise of Web3, offering a decentralized, user-controlled alternative, has intrigued both technologists and ordinary users.
In a startling development, the Donk.Meme team just announced the launch of its token presale. The project is slated to debut its native token, $DONKM, which has lately gained much attention in the crypto space.
In just a few hours, the price of MASK soared by 30%, fueled by a significant increase in trading volumes on Monday. This surge came after Mask Network unveiled plans for an upcoming MASK staking program, where holders can earn additional tokens from core partners and projects within the Mask ecosystem.
MASK price rallied 30% within just a few hours backed by a huge surge in trading volumes on Monday. It follows after Mask Network announced the upcoming MASK staking offering holders to receive additional tokens from core partners and projects under the Mask ecosystem.
Raydium on Solana has surged to become one of the top seven protocols by 24-hour fees, overtaking networks and projects such as Arbitrum, Maker and even Aave. This rise is attributed to a significant meme coin rally within the Solana ecosystem, capitalizing on Ethereum's recent lackluster performance and the market's search for high-risk, high-reward assets.
Solana's decentralised exchanges (DEX) were the leading platforms on Saturday as investors and traders pumped Book of Meme, the new hot cryptocurrency. Data compiled by CoinMarketCap shows that Jupiter's volume jumped to over $3.2 billion in the past 24 hours, its biggest on record.
Mask Network launches $100 million fund under Bonfire Union, supporting decentralized social networks and infrastructure, driving Web3 innovation, and contributing to Mastodon and Web3 education through $10 million builder initiative.
Raydium, established on the Solana blockchain, functions as an automated market maker (AMM) and liquidity provider, playing a crucial role in the Solana ecosystem's decentralized finance (DeFi) applications. Distinct from traditional exchanges, Raydium employs liquidity pools rather than an order book for asset trading, enabling swifter and more cost-effective transactions.
The native token for a decentralized exchange (DEX) built on Solana (SOL) has skyrocketed by more than 95% this week amid roaring network growth. Raydium (RAY) is an on-chain order book automated market maker (AMM). The project's native token, RAY, is trading at $1.72 at time of writing, up from around $0.88 one week ago.
Raydium's (RAY) price went parabolic this week as it jumped to a high of $2.0, much higher than the year-to-date low of $0.10. This surge has pushed its total market cap to more than $486 million, making it one of the biggest parts of the Solana ecosystem.
Raydium's (RAY) and Orca's (ORCA) were among the best-performing cryptocurrencies on Friday as their remarkable rallies gained steam. RAY jumped to a high of $0.95, its highest point since August 2022. Similarly, ORCA token surged to an all-time high of $8, which was over 1,821% above its lowest point this year.
Cryptocurrency prices had a mixed performance on Friday as Bitcoin price lost momentum. After Bitcoin price jumped to a high of almost $45,000, the coin has moved slightly below $44,000. Still, the total market cap of all digital currencies jumped to over $1.69 trillion.
Raydium Price Prediction: RAY/USD is down 16% from the monthly highs. The price has broken its $0.36 support.
Solana (SOL) price has bounced back in the past two straight days as the crypto fear and greed index rises. The SOL token jumped to a high of $60, a few points below the year-to-date high of $64. In all, it has soared by over 632% from the lowest point in December last year.
Bitcoin (BTC) price continued its bullish trend in the overnight session after the Federal Reserve decided to leave interest rates unchanged. While the bank left the door for another rate hike wide open, most analysts believe that a prolonged pause followed by a cut will happen.
A handful of altcoins are seeing a “major surge” in address activity, according to the crypto analytics firm Santiment. The firm notes that Bitcoin Cash (BCH), Smooth Love Potion (SLP), Mask Network (MASK) and Civic Pass (CVC) have all hit three-month highs in terms of daily active address counts.
Data from Santiment shows that several altcoins have registered an increase in address activity, which may make them worth keeping an eye on. Bitcoin Cash & Other Altcoins Have Observed A Rise In Active Addresses As explained by the on-chain analytics firm Santiment in a new post on X, some alts are seeing rising activity despite the cooldown that the overall cryptocurrency sector has observed in the past couple of days.
Binance will be removing more trading pairs soon. Find out which.
Mask Network displays resilience despite the overall sector downturn. Hive and LUKSO show modest growth amid sector volatility.
In the volatile and unpredictable world of cryptocurrencies, major transactions often signal impending market movements. Recently, Lookonchain, an on-chain analytics firm, reported a substantial transfer of MASK tokens, initiated by the Mask Network Foundation.
RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY Prices Under Pressure According to CoinMarketCap data on May 30, RAY is changing hands at $0.19, stable against the USD, Bitcoin, and Ethereum on the last trading day.
Mask Network, which claims to be one of the world's leading decentralized social networks, has announced an investment in The Open Network (TON) in order “to further develop its ecosystem at large and provide innovative solutions for people across networks.
The cryptocurrencies under review are the best performing cryptocurrencies.
In today's crypto market analysis, we spotlight the tokens making significant strides and those navigating through challenging waters. Today's victors include SingularityNET (AGIX), Kava (KAVA), Injective Protocol (INJ), XinFin Network (XDC), and Blockstack (STX).
In a landscape as vibrant and volatile as the crypto market, today's top performers comprise of Mask Network (MASK), Render Token (RNDR), Ripple (XRP), Injective Protocol (INJ), Conflux (CFX), and Nexo (NEXO). On the flip side, we see a few heavyweights and a couple of upstarts grappling with the market's downward pull, including Lido (LDO), Axie Infinity (AXS), Optimism (OP), Sui (SUI), Arbitrum (ARB), Immutable X (IMX), and Chainlink (LINK).
Today's cryptocurrency market features Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Axie Infinity (AXS), Optimism (OP), and Lido DAO Token (LDO) as the top gainers. On the contrary, Pepecoin (PEPE), Conflux (CFX), Casper (CSPR), Ripple (XRP), Decentraland (MANA), and Toncoin (TON) are on the losing end.