Solana's DEX trading volume surpassed $100 billion in November 2023, doubling Ethereum's volume while its native token SOL reached a new all-time high of $263.
Artrade, the first art tokenization marketplace on Solana, has reached a significant milestone by digitizing an original Picasso artwork. With a market capitalization of $180 million and over 6,000 active users, the platform is transforming the art market with its ATR token.
Swan Bitcoin filed a malpractice lawsuit against its former legal counsel, Gibson, Dunn & Crutcher, and accused the firm of prioritizing Tether's interests over its own.
Solana-based memecoin platform Pump.fun suspended its livestream feature after facing backlash over disturbing content, despite recording its highest-ever daily revenue of $14.3 million.
The altcoin space presented mixed performances amidst the latest dip that saw Bitcoin sliding below $95K, currently trading at $93,720. Solana meme tokens led the downside, with top coins losing up to 20% on their daily charts. While Fwog (-22%), MOODENG (-13%), GOAT (-14%), and PNUT (-15%) confirmed a robust downtrend, Dogwifhat recorded notable gains.
In November 2024, Solana hit an impressive $109.73 billion. It left other big names like ETH, BASE, and BSC in the dust, according to DefiLlama.
Solana's adoption milestones and bullish momentum position it for a potential breakout.
Solana-based memecoin launchpad Pump.fun is in the middle of a storm after a wave of users misusing its Livestream feature to pump their tokens became viral. The recent harmful behavior comes amid the cycle's memecoin frenzy, which has seen numerous community members use deceitful tactics to profit from the sector's popularity.
Solana has achieved multiple record-breaking metrics in November 2024, including a $265 all-time high price, $100 billion monthly DEX volume, and 25 million active addresses
The attackers who attacked the latest DEXX have been reactivated after a week of inactivity to change the stolen alt coins for Solana (SOL) in large amounts according to Mistract, cyber security. This comes after, decentralized exchange DEX platform was targeted and users and the platform woke up to hefty losses.
Binance introduces BFUSD, a reward-bearing margin asset, offering zero purchase fees and a share of 100,000 USDT in rewards for Futures traders.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.
Tether has minted an impressive $3 billion worth of USDT stablecoins in a recent move that is expected to boost liquidity across cryptocurrency markets. The majority of this issuance, $2 billion, was made on the Ethereum blockchain, while $1 billion was issued on the Tron network.
Customers would be able to borrow money using Bitcoin as collateral. Wall Street's and the crypto industry's mutually beneficial connection has grown stronger.
Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem.
Dangerous influencer stunts force memecoin platform Pump.fun to pause livestreaming feature indefinitely.
Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
Cantor Fitzgerald is reportedly seeking support for its planned $2 billion bitcoin lending project from Tether. The firms are discussing expanding their existing collaboration to include this planned program in which Cantor Fitzgerald would lend dollars to clients who put up bitcoin for collateral, Bloomberg reported Sunday (Nov. 24).
The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. The decision to sunset this service comes after the protocol faced backlash in relation to the abusive use of the live stream feature.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.
Financial services firm, Cantor Fitzgerald, is reportedly discussing receiving support from stablecoin issuer Tether to help fund the project.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Solana (SOL) has been making waves in the cryptocurrency industry, reaching an all-time high of $265 on November 23, 2024. The surge of Bitcoin toward the $100,000 mark and the enthusiasm for meme currencies were the catalysts for this remarkable rally.
Solana's DEX trading volume skyrocketed to over $109 billion in November, marking a huge milestone for the network.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.
Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana's monthly trade volume on decentralized exchanges (dexs) surpassed $100 billion for the first time. The network's dex trade volume so far in November has reached $116.
Tether's record-high reserves signal strong buying power for Bitcoin, pushing prices near $100K. Learn how stablecoin inflows and bull flag patterns target $125K by 2024.
Some of the new offerings will be available to users from November 26.
The world of decentralized finance (DeFi) has witnessed a new milestone: the monthly volume of Solana-based DEX (Decentralized Exchange) has surpassed 100 billion dollars for the first time, reaching the impressive figure of 109 billion dollars in November 2024.
Raydium dominates Solana's DEX landscape, capturing over 63% of weekly trading volume. The post Solana DEXs Hit Record $100B Monthly Trading Volume appeared first on Cryptonews.
TL;DR Digital asset investment products saw record inflows of $3.13 billion in one week. Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million. Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.
TL;DR Solana surpassed $100 billion in monthly DEX trading volume for the first time, reaching a total of $109.8 billion in November. Factors such as the memecoin frenzy and low transaction fees have driven its remarkable growth, doubling Ethereum's volume. The network also stands out with 107.
Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. Lookonchain reports that since November 8th, Tether has minted almost $13 billion USDT.
Major cryptocurrency exchange Binance has announced the inclusion of six new listings, focusing on Hedera, Solana, meme coins and other tokens. This move is part of Binance's continued attempts to diversify its offerings and cater to the evolving interests of its users.
The weekend's correction might have finished, according to CoinStats.
Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.
Tether has minted $3 billion in USDt tokens across Ethereum and Tron as Bitcoin nears $100,000, signaling rising demand amid a historic crypto rally.
$2.9M in $PYTH stolen via zero-transfer phishing on Solana. Scammers swapped stolen $PYTH for $SOL, consolidating stolen funds.
Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
The Solana network reported over $109 billion in decentralized exchange (DEX) trading volume for November 2023, marking the first time it has surpassed the $100 billion threshold.