Solana’s decentralized exchange (DEX) market is experiencing a dramatic shake-up as Raydium, Orca, and the upstart Pump.fun battle for supremacy. With Solana’s growing popularity as the blockchain of choice for meme coins and fast, low-cost transactions, the competition among its top DEX platforms is intensifying. According to data from Blockworks, Raydium remains the leader in […]
Key Notes fun has allegedly sold a massive 65,284 SOL tokens, claims Lookonchain. SOL token faces resistance at the 20-day EMA which stands at $132.51. Solana ranked second among blockchains with the highest fees generated this week. Blockchain analysis firm Lookonchain has raised suspicions regarding large-scale SOL SOL $125.1 24h volatility: 1.0% Market cap: $64.09
Solana News Today: SOL Dumping? Pump.fun Quietly Sells 65K Tokens Read More »
Pump.fun’s decentralized exchange (DEX), PumpSwap, has achieved record-breaking numbers, with a daily volume of $426 million and 243,000 users. The Solana-based platform also collected more than $1 million in fees, including $213,000 in protocol charges on March 24, marking its best performance since its launch. Despite the success, its market share of 14.5%, as captured
PumpSwap Hits $426M Milestone, But Raydium Remains Solana’s Top DEX Read More »
The price of Raydium’s RAY token shot up 28% after reports emerged that the Solana-based decentralized exchange (DEX) was planning to launch a rival meme coin platform, LaunchLab, to compete with Pump.fun. It follows rumors that Pump.fun is testing its own automated market maker (AMM), potentially threatening the exchange’s revenue stream. The Battle for Solana’s
RAY Surges 28% as Raydium Unveils Meme Coin Launchpad Read More »
