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🚀Solana-native Raydium surpassed Uniswap in monthly trading volumes for the second consecutive month, with November seeing a 30% lead (~$30B) over Uniswap. 🔥A whopping 65% of Raydium’s volume in November came from memecoin trading, fueled by platforms like Pump.fun, a key player in minting and trading Solana-based memecoins. 💰Ranking as the 5th highest-earning Web3 protocol, Pump.fun generated $100M in fees in the last 30 days, trailing only heavyweights like Circle and the Solana network. 🛠️Pump.fun is heating up with plans for a new token release and an upgraded trading terminal, Pump Advance. Stay tuned, let's see how the overall drop in the sector will affect the run!
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🚀 NFT Price Action: Doodles have surged into the top-10 NFT collections by market cap, climbing +67% to reach a floor price of 7.17 ETH. Friends, are NFTs making a comeback? 🏃♂️
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🚀 Monthly NFT sales have already reached $636.8M this December - the highest since April
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🦾 Over 1,160,000 BTC (~$100B) were purchased in the $98,830-$95,830 range, marking one of the most critical support levels. Whales have locked shields! 🛎
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🌟A 13% pump had traders buzzing, on Solana’s native token reclaiming the $230 level after hitting $203.30 on Dec. 10. 👀Although on-chainers and adopters were eyeing a comeback to $260+, the price never came, with SOL losing momentum and now trading at $200. 📉Solana’s network activity dropped 63% last week, but it’s not alone—Ethereum, BNB Chain, and Avalanche saw similar slumps. As said before, about 2 weeks after $BTCs drop, altcoins followed. 🤔Now with $BTC's uncertainty we might wait a little longer for a bounce back!
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