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news-imageNovember 26, 2024

Pump.fun Accounted for 62% of Solana DEX Transactions in November, So Far

Pump.fun has accounted for over 60% of Solana DEX transactions for the past three months—is the network over reliant?
Publisher: Decrypt
Sentiment: Neutral
SOL

More News Articles

Neutral
cover-imageInvezz
November 26, 2024

Dogwifhat (WIF) gains 9% while top Solana memes suffer double-digit losses: here's why

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.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced They'll Go Dark

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.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced It'll Go Dark

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.

Positive
cover-imageCrypto Economy
November 25, 2024

Solana Achieves $110B DEX Volume in November, Outpacing Ethereum

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.

Negative
cover-imageCrypto Daily
November 25, 2024

Crypto Price Analysis 11-25 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, POLKADOT: DOT, UNISWAP: UNI, ARBITRUM: ARB

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.

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