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As Memecoin fever cools, Solana’s daily transaction fees drop to around $639,000, a multi-month low According to Huoxing Finance news, as the MEME coin craze cools down, the total daily transaction fees paid on the Solana blockchain have dropped to the lowest level in months. On Monday, Solana's daily transaction fees fell to $639,000, a 65% decline from the monthly peak of $1.83 million on August 8, and an 87% drop from the all-time high of $5.08 million on March 18. (TheBlock) $BTC $ETH $BNB

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NatWest Markets: The US dollar will be weak as the Fed is about to cut interest rates According to a report by NatWest Markets analysts, confidence in the prospect of the Federal Reserve cutting interest rates has increased, and expectations of a soft landing for the US economy are facing increasing resistance to the US dollar's rise. They stated that unless US data surprises and expectations of Federal Reserve rate cuts are delayed, this situation appears to be more persistent. NatWest Markets expects the Federal Reserve to cut rates by 150 basis points this year, nearly 50 basis points higher than priced in the money market. The analysts at the institution stated: "It is still a story about 'how much' to cut rates next month, not 'whether' to cut rates." $BTC $ETH $BNB

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As Memecoin fever cools, Solana’s daily transaction fees drop to around $639,000, a multi-month low Odaily Planet Daily Report: As the MEME coin craze cools down, the total daily transaction fees paid on the Solana blockchain have dropped to the lowest level in months. On Monday, Solana's daily transaction fees fell to $639,000, a 65% decrease from the monthly peak of $1.83 million on August 8, and an 87% decrease from the all-time high of $5.08 million on March 18. (TheBlock) $BTC $ETH $BNB

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Binance: TON network upgrade took longer than expected, and normal services will be restored as soon as possible Odaily reported that Binance published a post on X stating: "Due to unforeseen issues, the time we spent on the TON network upgrade was longer than expected. Rest assured, our team is working hard to restore normal service as soon as possible." Previously, it was reported that Binance will list Dogs (DOGS) on August 26, 2024 at 20:00 (UTC+8), and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY trading markets, subject to the seed label trading rules. $BTC $ETH $BNB

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Degen will release Season 7 and Raindrop airdrops on August 30th Foresight News announced that Degen will distribute Season 7 and Raindrop airdrops on August 30th at 10:00 PM Beijing time. All airdrops, including the upcoming one, are now on the Degen Chain. $BTC $ETH $BNB

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Solana Daily Transaction Fees Drop Amid Decline In Memecoin Hype

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Elon Musk Plans Stock Options Based On Employee Impact At X

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Analysis Highlights Challenges And Potential Revival Of NFT Market

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