Search volumes for the terms “buy crypto” and “buy Solana” have reached their highest scores on Google Trends. The surge in interest aligns with the launch of the Official Trump (TRUMP) meme coin over the weekend ahead of the president’s inauguration. Search Trends Data According to data from Google Trends, both search terms have hit
TL;DR The SEC’s pending decision on Grayscale’s Solana ETF, due today, could have a major impact on the underlying token. The Chicago Mercantile Exchange’s plan to launch SOL and XRP futures on February 10 has already influenced the performance of the assets. The products (if they go live) may attract more institutional investors and positively
Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data from the decentralized finance (DeFi) analytics platform DefiLlama shows that the network’s stablecoin market cap had reached $10.7 billion at the time of writing. Breaking Records Previously,
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite
Digital asset investments saw $1.9 billion in inflows last week, bringing YTD inflows to $4.8 billion. Presidential orders proposing Bitcoin as a reserve asset likely influenced this surge in investments. Despite flat price movements, trading volumes reached $25 billion, making up 37% of trusted exchange activity. Bitcoin Dominates Digital Asset Inflows US President Donald Trump
Musk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new president’s official advisor on matters pertaining to government efficiency. President Donald Trump appointed him to head the DOGE: a White House office named the Department of Government