Bubblemaps has visualized the token distribution for Boop crypto, a fairly new token that stems from the new Solana-based meme coin launchpad Boop.fun. BOOP has gone up more than 200%. On May 2, the on-chain analysis platform Bubblemaps showed traders the token distribution for Boop crypto amidst growing buzz surrounding the launchpad’s reward mechanism. According…
Solana-based Pipe Network is rewarding users who offer bandwidth for testing its decentralized content delivery system. On May 1, at the Token2049 conference in Dubai, Pipe Network announced incentives for node operators who contribute computing power. This infrastructure will be used to power its decentralized content delivery network built on Solana. Dubbed PipeQuest, the rewards…
DeFi Development Corp. announced Thursday it has secured $24 million through a private investment in public equity (PIPE) deal to scale its Solana accumulation strategy. The round attracted prominent investors including Galaxy Digital, Arrington Capital, Republic Digital, Borderless Capital, and Amber International Holding Limited. The company is issuing roughly 310,000 shares and 215,000 pre-funded warrants…
1inch is integrating Solana, enabling traders to swap over 1 million tokens native to the blockchain. 1inch is continuing its expansion across major blockchains, giving traders broader access to token swaps. On Tuesday, April 29, the decentralized exchange aggregator added support for the Solana (SOL) network. This move will allow traders to swap over 1…
After outpacing Ethereum in volume, does Solana price prediction imply a structural rally capable of pushing SOL towards higher zones? SOL bounces back Solana (SOL) is beginning to find its footing after a steady decline through March and early April. As of Apr. 29, SOL is trading around $148.96, with a market cap of approximately…
Housecoin’s explosive rally may be losing steam, as momentum indicators point to a cooling trend following its parabolic 600% surge. Launched in early April on the Solana (SOL) blockchain, Housecoin (HOUSE) is a memecoin satirically positioned as a hedge against the collapsing real estate market, using the tagline “Flipping the Housing Market, One $HOUSE at…
BitGo announced today it has expanded its Solana staking program through a new integration with Marinade Native. Marinade Native is a popular staking protocol developed by Marinade Labs. The move allows BitGo clients to stake SOL directly from their wallets without giving up custody, tapping into competitive rewards while supporting Solana (SOL) network decentralization. This action…
Is Trump, meme coin dinner an ethics breach? Plus: Shaq settles FTX lawsuit | Weekly Recap
Top tokens in the Solana ecosystem continued their bullish trend this week as sentiment in the crypto industry improved. Solana (SOL) price jumped for four straight days, reaching a high of $155, its highest level since March 3. It has jumped by over 60% from the lowest level this year. This rally, along with the…
Decentralized AI startup Nous Research has secured a $50 million investment from venture capital firm Paradigm. Blockchain firms have historically struggled to compete in the AI space, but that may soon change. On Friday, April 25, venture capital firm Paradigm announced a $50 million investment in an AI startup, Nous Research. The company will use…
