Rivalry has added support for the TRUMP Solana meme coin, with bettors earning extra NUTZ rewards towards the upcoming RVLRY token airdrop.
As markets mulled Melania Trump's meme coin, Solana-based applications like Jupiter and Phantom experienced degraded performance.
The TRUMP token's meteoric surge is reshaping the market and helping Solana's rise.
Some Coinbase users report Solana transfers taking hours to clear on the crypto exchange.
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The crypto market was shaken by allegations surrounding a pump-and-dump scheme involving Solana meme coins allegedly linked to the Cuban government. The ‘CUBA' meme coin, launched unexpectedly, initially reached a market capitalization of $30 million before its abrupt disappearance raised concerns.
Analysts at Bernstein acknowledged the wackiness of the TRUMP token launch, but said that it signals a new era for crypto regulation.
Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.
Solana DEX saw an inflow of liquidity on Meteora, and peak volumes on Orca DEX, as all other decentralized markets reached peak activity.
It appears Cuba's Ministry of Foreign Affairs promoted a memecoin early Monday before the account was later disabled.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
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Solana (SOL) has recently hit a new record high, driven by massive interest in meme coins launched on the network by President Donald Trump and his wife, Melania.
The Phantom wallet turned into one of the most important onboarding apps for Solana users, with new traders rushing to buy TRUMP and MELANIA meme tokens.
The launch of the highly anticipated TRUMP token, associated with U.S. President Donald Trump over the weekend, sparked a frenzy in the cryptocurrency market.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
TL;DR A Solana user made nearly $40 million in profits with the MELANIA memecoin after a staggering 25,600% price surge in just hours. Analysts warn that 90% of the token's supply is held in a single wallet, raising concerns about a possible “rug pull” or massive fraud.
The Solana price has experienced a strong bearish reversal after achieving a new ATH of $294.33 yesterday. Reportedly, the price experienced a pullback after encountering a network congestion-like situation.
Solana (SOL) has recorded impressive performance lately as prices soared to all-time highs above $290 yesterday Further, the blockchain dominates the meme crypto space, housing half of the top ten meme coins. The latest TRUMP and MELANIA meme coins' launch on Solana has elevated the ecosystem's appeal.
Solana (SOL) continues its impressive rally, trading around $253.94 at press time, after hitting a record high of $294.33 on January 19.
In a recent response on X, Coinbase CEO Brian Armstrong highlighted an unexpected surge in Solana activity. Armstrong noted that Coinbase's Solana infrastructure was under significant pressure, stating that the Coinbase team had been working hard to scale the infrastructure in response to the unexpected surge.
Chainlink (LINK) joined Solana (SOL) as a top performer, gaining 4.3%.
Over the weekend, Solana's blockchain faced heavy congestion as demand surged, fueled by the popularity of memecoins inspired by Donald and Melania Trump.
The cryptocurrency market heated up at the beginning of 2025, with Solana (SOL) indicating a strong possibility of a big rally. In addition, Rexas Finance (RXS), an emerging coin at $0.175, is quickly gaining popularity as the next top crypto.
These coins are worth monitoring for potential breakout opportunities. As market conditions evolve, Fibonacci levels, Elliott Wave structures, and RSI readings align, making them key candidates for continued momentum ahead.
The launch of Donald Trump's official memecoin on Solana has boosted the TVL and SOL price to new all-time highs and at the expense of rival Ethereum.
Solana ETF could be closer than ever—making Solana the coin to keep an eye on in 2025.
Crypto season is alive and well. The sector lifted off after Donald Trump won the election in early November, promising a much friendlier regulatory environment than under President Joe Biden's administration.
Solana leaders praised the chain's milestone despite its challenges as Bybit's Ben Zhou pledged a better Solana experience for on-chain users.
The Solana network has experienced outages as frenzied buying of memecoins such as $TRUMP and $MELANIA cause huge price surges.
Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact.
Solana price roared to a record high, helped by its strong fundamentals in the DEX and meme coin industry. While the SOL token has pulled back from its weekend highs, analysts expect that it has more upside to go.
Layer-1 (L1) blockchain Solana has seen a significant spike in activity, driven by the rising popularity of newcomer meme coins TRUMP and MELANIA.
Following a surge to $295 driven by OFFICIAL TRUMP memecoin's success, Solana's network reaches record highs.
Bitcoin (BTC) surged to a new all-time high earlier today, surpassing $105,000 to reach $109,350 as the US readies for Donald Trump's inauguration. BTC has risen nearly 4% over the past 24 hours as optimism in the markets builds ahead of the inauguration.
The fee surge was triggered by heavy user engagement in on-chain transactions amid the launch of the TRUMP and MELANIA memecoins.
Recently, Solana's price surged, reaching a key target zone and hit new ATHs. However, following this rally, it has experienced a pullback, hinting at a correction. After breaking below a trendline, the pullback became more evident, indicating that Solana might be in the midst of a corrective phase.
Solana (SOL) showcased massive volatility over the weekend, delivering a rollercoaster ride for traders and investors. On Sunday, SOL reached a new all-time high of $295, marking a significant milestone in its bullish trajectory.
This week in crypto, several events are set to shape the investors' portfolios. From the inauguration of President-elect Donald Trump to Solana ETF deadline and the Jupiter airdrop, the market is bracing for a volatile week.
The rising popularity of meme coins on the Solana network has triggered a major liquidity drain from other layer one (L1) chains, downplaying the headwinds caused by outages.
The Solana blockchain faced severe congestion over the weekend as interest in Donald Trump and Melania Trump-themed memecoins surged. This unexpected spike overwhelmed the network, causing delays and failed transactions across various platforms.
Despite their mainstream appeal, the distribution of the two Trump memecoins is flashing major red flags for investors looking for a long-term opportunity.
Daniel Prince, host of the Once Bitten podcast, has recently alleged that conflicts of interest and nepotism were part of the motivation for choosing Solana as the chain for launching TRUMP, the official meme token of the U.S. president.
Robinhood has listed TRUMP, a Donald Trump's meme coin on the Solana blockchain, for spot trading. The token was trading at $58.9, with a 43% increase in the last 24 hours.
Google search trends for “buy crypto” and “buy Solana” have soared following the launch of the Official Trump (TRUMP) memecoin.
The Solana (CRYPTO: SOL) blockchain experienced significant network congestion on Monday as enthusiasm around President-elect Donald Trump-themed meme tokens triggered unprecedented transaction volumes, leading to technical difficulties for key infrastructure provider Jito Labs. What Happened: Jito Labs reported “severe degradation” of its Block Engine API due to “unprecedented load levels,” though the company later confirmed service stability had improved following emergency mitigation efforts.
Such fees are remarkably high for a low-cost blockchain, when transactions typically take fractions of a cent to settle.