Solana Experiences Dramatic 112% Rise in Stablecoin Supply Linked to Trump Memecoin Launch
The stablecoin supply on Solana surged to $11.1 billion in January, influenced by the introduction of Donald Trump's memecoin $TRUMP.

Recent in
The stablecoin supply on Solana surged to $11.1 billion in January, influenced by the introduction of Donald Trump's memecoin $TRUMP.
The stablecoin market has witnessed an increase of nearly $40 billion since President Trump's victory in the U.S. election, indicating positive trends for cryptocurrency.
The VIRTUAL token of the Virtuals Protocol saw a significant increase after being listed on Upbit, offering trading opportunities to altcoin traders in South Korea.
Grayscale Investments has submitted a request to the SEC to transform its XRP Trust into an exchange-traded fund, maintaining XRP as its core asset.
Upbit's recent listing of Virtual Protocol has sparked significant trading activity and price surges, raising questions about Coinbase's choices.
The U.S. SEC has approved the Bitwise ETF that offers exposure to both Bitcoin and Ethereum, allowing investors to tap into the cryptocurrency market through one product.

A report highlights that Core Scientific shares are now trading at a significant discount due to market fluctuations.
Ripple's CEO highlights significant growth in the XRP Ledger's decentralized exchange, marking 2024 as a pivotal year for the company.
Several platforms are now accepting Trump memecoins, enhancing the token's utility and usability.
Market analysts indicate that the recent selling activity among long-term Bitcoin holders could signal a bullish trend for the cryptocurrency market.
Tesla has adjusted its bitcoin holdings valuation for the fourth quarter, reporting a significant financial gain.
In a recent decision, the Federal Reserve opted to keep the interest rates unchanged while pointing out that inflation remains a concern.

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!