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Solana's decentralized exchanges (DEXs) have outperformed Ethereum's for the first time. This milestone occurred in July. DeFiLlama data confirms this shift. Solana-based protocols accounted for 30% of all crypto DEX volume in July. Ethereum followed with 28.12%. In absolute terms, Solana's DeFi ec

Solana might be on the cusp of a major rally against Bitcoin. That's the view of Jamie Coutts, chief crypto analyst at Real Vision. Coutts points to a bullish pattern in the Solana-Bitcoin pair. He bases this on a simple moving average crossover on the daily chart. "Solana's relative strength is q

A trader has hit the jackpot with a Solana-based memecoin. They turned $8,500 into $800,000 in just one hour. The coin in question is called "CTO". Blockchain analytics platform Lookonchain spotted the trade on August 1. The trader bought over 256 million CTO tokens with 50 Solana tokens. At the ti

Raydium, a major decentralized exchange on Solana, attempted to launch a meme coin. It backfired spectacularly. The DEX, boasting over $300 million in daily trading volume, created a token called CTO on Thursday. They used a new launchpad, Makenow.meme. This platform creates tokens via tweet tags.

Solana, the upstart blockchain, has pulled off a stunner. It's beaten Ethereum in weekly fees for the first time ever. The numbers are eye-popping. Solana raked in about $25 million in the week of July 22. Ethereum? A mere $21 million. This isn't just a fluke. Solana's been on fire in 2024. Celebr