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news-imageApril 8, 2025

PumpSwap and Raydium expanded Solana activity, instead of competing for traders

PumpSwap is growing its share of Solana DEX activity, but has not taken the turf of Raydium. Pump.fun brought back creators, with over 9,800 wallets creating tokens.
Publisher: Cryptopolitan
Sentiment: Positive
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Neutral
cover-imageCointelegraph
April 17, 2025

Raydium debuts LaunchLab to rival memecoin maker Pump.fun

The firm behind the Solana-based automated market maker (AMM) Raydium has launched its memecoin-making protocol, LaunchLab, which looks to compete with Pump.fun.The arrival of LaunchLab on April 16 comes a month after Pump.fun, previously a key contributor to Raydium's revenue, severed ties with the firm by moving its token migration from Raydium's liquidity pools to its own new decentralized exchange, PumpSwap. LaunchLab will leverage Raydium's liquidity pools and aim to dethrone Pump.fun as the leading Solana memecoin launchpad.

Positive
cover-imageCointelegraph
April 17, 2025

Solana network inflows surge — Will SOL price follow?

Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to data from Debridge.

Positive
cover-imageCointelegraph
April 16, 2025

Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop?

Solana's native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin's rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term.

Negative
cover-imageThe Motley Fool
April 16, 2025

1 Emerging Risk to Solana That Could Be Devastating for Holders

Solana (SOL 3.76%) holders are no stranger to risk, given the coin's wild volatility and its occasional use by unsavory characters. With such a risky profile to begin with, investors need to be on the lookout for new threats emerging that might make its balance of risk to reward somewhat less favorable.

Positive
cover-imageInvezz
April 16, 2025

Raydium's token launch tool goes live, challenges Pump.fun

Solana's leading decentralized exchange, Raydium, has officially released LaunchLab, an “all-in-one token Launchpad” for developers, creators, and the entire Web3 community. The move represents the latest escalation of the battle between Solana products Raydium and Pump.fun, which used to work together. Raydium hinted at LaunchLab in mid-March and promised unique features that will rival Pump.fun.

Positive
cover-imageCointelegraph
April 16, 2025

Real estate fintech Janover doubles Solana holdings with $10.5M buy

Real estate-focused financial technology firm Janover has acquired 80,567 Solana tokens for roughly $10.5 million.According to an April 15 announcement, with its latest purchase, Janover's Solana (SOL) holdings reached 163,651.7 — worth about $21.2 million, including staking rewards. With this investment, the amount of Solana per each of the 1.5 million shares reached 0.11 SOL, valued at $14.47 — an increase of 120%.

Negative
cover-imageCryptonews
April 16, 2025

UK Lawmaker's X Account Reportedly Hacked to Promote Fake Solana Token

UK Labour MP Lucy Powell's verified X account was hacked to promote a fake Solana token called "House of Commons Coin," highlighting the growing risk of crypto scams targeting high-profile political figures through social media breaches. The post UK Lawmaker's X Account Reportedly Hacked to Promote Fake Solana Token appeared first on Cryptonews.

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