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🧙♂️ Binance announced the start of the Solv Protocol (
#SOLV
) Megadrop.
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“Solana (SOL) price exceeds $500” Solana blockchain is experiencing its golden days. Expectations are high for Solana blockchain’s cryptocurrency SOL, which has seen an all-time high with increasing user activity on the network. Moreover, some crypto analysts think that SOL’s price will double or even triple. 2024 was quite an eventful year for the Solana network. In fact, the leading role in the memecoin craze that swept the market was mostly on the Solana network. Memecoins launched on the Solana network, which stood out compared to their counterparts with low transaction fees, stood out with high transaction volumes. Memecoins, which are generally not based on any project and mostly mock traditional finance, now have a say in liquidity in the crypto market. According to a report by CEX.io, which evaluated the issue, the combined market value of memecoins increased by 330 percent from January 1, 2024 to December 1. During the same period, the transaction volume of memecoins increased by 979 percent. The biggest development that brought the activity on the Solana network to its peak and caused the SOL price to reach its highest level of all time was undoubtedly TRUMP. The memecoin TRUMP, which was released before the inauguration ceremony of the 47th President of the United States, Donald Trump, on January 20, caused chaos in the market. The market value of TRUMP, which reached $10 billion in just one night, brought new records with it when it was released on the Solana network. The post made from President Trump's official account reached 100 million views in a short time. Moreover, not only TRUMP, but also another memecoin MELANIA, which was released immediately after, reached a market value of $1 billion in a short time. Just like TRUMP, the memecoin MELANIA, which was released by President Trump's team, was trading at $4 as of the time of writing the news.
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Justin Sun's Ethereum statement that will make a big splash! "If I were the leader of the Ethereum Foundation and Ethereum, the Ether price would go to $10,000." The "#Ethereum success formula" that Sun emphasizes is as follows: 1️⃣ Stop Selling $ETH Immediately and Optimize Income The Ethereum Foundation will immediately stop selling ETH for at least three years. Operational costs will be covered by $AAVE loans, staking returns, and stablecoin borrowing. With this strategy, the ETH supply will remain constant, aligning with our deflationary goals and strengthening market confidence. 2️⃣ Impose heavy taxes on Tier-2 solutions Significant taxes will be imposed on all Tier-2 projects. These taxes are expected to generate at least $5 billion in annual revenue (in stablecoins or tokens). All taxes collected will be used to buy back #ETH and burn it in a completely decentralized manner. 3️⃣ Reorganize foundation operations The foundation staff will undergo a major downsizing, and only the most competent team members will be retained. The remaining employees will receive significant salary increases with a performance and results-based reward system, transforming the foundation into a fully merit-based system. 4️⃣ Optimize rewards and increase transaction costs Node rewards will be reduced, and more emphasis will be placed on transaction cost mechanisms. This will ensure that Ethereum remains deflationary and strengthen its store of value function. Focus on layer-1 only and ETH will reach $10,000 All resources will be directed to Ethereum's core layer-1 development, prioritizing scalability, security, and adoption. This strategy will push ETH to $10,000. With these decisive steps, $ETH will be poised to exceed $4,500 within the first week, laying the foundation for long-term success."
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💸SolvBTC: The Blue Chip Collateral on BNBChain. SolvBTC's supply and borrow caps on Venus Protocol have been increased, unlocking even more utility for Bitcoin holders on BNB. 👀Looking to generate returns on your Bitcoin? 👉 app.solv.finance/solvbtc
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Glassnode: Bitcoin's current cycle continues to reflect historical trends, particularly in alignment with the 2015-2018 cycle. $BTC $ETH $XRP
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🧙♂️ The logo of the official website of the Government Efficiency Department (DOGE) has changed $DOGE #TRUMPOnBinance #BTCNextATH? #SOLVLaunchOnBinance
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