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Can Solana Price Reclaim $200 in the Aftermath of Tron’s Vampire Attack? Tron has drawn users and liquidity away from Solana, leading to a significant drop in Solana price, user activity, and network fees, a decline in daily revenue. Solana price suffered the past few weeks as volume shifted to Tron following the SunPump platform’s launch, a so-called ‘vampire attack’ by SOL maxis. Tron founder Justin Sun announced his intentions to further increase usage of the network by harnessing the power of the meme coin industry. The strategic move by Sun led to significant shifts in trading volume, drawing attention to the contrasting fortunes of the two networks. Solana Price Suffers Following SunPump Launch A ‘vampire attack’ is a strategy in the crypto space where one blockchain or decentralized protocol attempts to siphon users and liquidity off another chain. On August 13, Justin Sun posted on SunPump, a Tron-based variation of the insanely successful Pump.fun on Solana. Over the following days, SunPump received a staggering inflow of volume and users, and the SUN token took off. Additionally, TRX price (red) began to surge, surpassing Cardano (ADA) and Ton (TON), while Solana price (blue), on the other hand, began to decline. Solana suffered not only in price but also in terms of users, volume, and fees. According to data from Dune Analytics, Solana total fees and Jito tips are down more than 50% since Justin Sun copied Pumpfun on Tron. It has also been noted that most of the fees generated on Solana are priority fees or MEV tips. That means that if the Solana ‘degens’ move to Tron, the network revenue from priority fees and MEV tips will gravitate to $0. For context, Solana had made an average of $1 million per day in revenue from fees. However, after the launch of SunPump, Solana revenue now struggles to break $500,000 daily. $SOL $TRX #TON #DOGSONBINANCE #Write2Earn! #TRONNetwork's #SolanaUSTD

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$TRX revenue surged 46%, closing the gap with Ethereum TRON network’s revenue saw an impressive rise in August while Ethereum recorded a notable decrease. According to data shared by Lookonchain, TRON’s TRX-2.69%TRON monthly revenue increased by 46.5% — rising from $41.9 million in July to $61.4 million in August. The network is second to Ethereum ETH-0.41%Ethereum with $62.6 million in revenue in August. The #TronNetwork’s gas revenue saw a 46.54% increase in August. Compared to July, #BSC's gas revenue also saw a 6.63% increase in August, while gas revenue of #Ethereum dropped 33.44%, #Solana dropped 48.51%, and #Bitcoin dropped 16.85%. Data shows that Ethereum’s revenue plunged 33% from July’s $94 million mark. Per a crypto.news report, TRON’s daily revenue reached an all-time high of $5.33 million on Aug. 22 after surpassing Ethereum. This happened after the TRON-based meme coin platform SunPump, Pump.fun’s competitor, gained increased attention from investors and traders. Data from Lookonchain shows that Solana SOL1.7%Solana secured the third spot with a monthly revenue of $25.6 million. Notably, Solana’s income was almost cut in half in August — falling from $49.8 million. Bitcoin BTC1.01%Bitcoin also recorded a 16.8% decrease in its monthly revenue — dropping from $24.9 million in July to $20.7 million in August. Per Lookonchain’s data, Binance Smart Chain’s monthly revenue increased by 6.6% — growing from $10.5 million in July to $11.2 million last month. According to data from crypto.news’ price page, TRX is the only token from the list to register a price surge over the past 30 days, marking a 22% rise. BTC and ETH declined by 4.4% and 16% in the past month. #TON #DOGSONBINANCE #Write2Earn! #TRX✅

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$DOGS Token Price Rally: Is a 35% Surge on the Horizon? Highly publicized dog-themed meme coin based on the Telegram-backed Toncoin (TON) network, Dogs (DOGS), has played a crucial role in onboarding more users to the web3 space. In less than a week after its official trading launch on several centralized exchanges, the Dogs meme project has achieved major milestones including nearly 1 million on-chain holders. As a result, the Dogs meme coin has grown to a mid-cap altcoin with a fully diluted valuation of about $608 million and a daily average traded volume of more than $440 million. Dogs Impact on Toncoin Network The highly liquid project has marketed itself as the most Telegram-native meme coin community. The notable Dogs’ success in its initial phase has played a crucial role in democratizing the Toncoin network. Furthermore, the Toncoin network is celebrating 1 billion transitions achieved in the past year alone. Despite the recent network outages caused by huge demand for Dogs meme coins and other tokens, the Toncoin blockchain has reassured users of scalable solutions in the future in a secure environment. The Futures Trading Carnival is live, with 40M $DOGS and 5M $NOT up for grabs. To enter： 🔸 Make your first futures deposit 🔸 Trade futures 🔸 Complete social tasks The Toncoin network is among the top-tier web3 ecosystems, with over $351 million in total value locked and more than $619 million in stablecoins supply. Midterm Price Action $DOGS big move is coming expected Terget 5x – 10x in next 1 or 2 months I told u 2 days ago $DOGS buying range $0.0011 – $0.00115 The Dogs meme coin has gained popularity among speculative traders due to its launch process that prioritized the community. As a result, the Dogs meme coin, which was inspired by Pavel Durov’s mascot dubbed Spotty, has been consolidating in preparation for a bullish breakout. #TON #DOGSONBINANCE #Write2Earn! #dogs #dogsday

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WazirX Hacker Moves $6.5 Million Worth ETH To Tornado Cash as Tension Grows. The WazirX hacker has carried out 26 transactions, each transferring 100 ETH to Tornado Cash, according to Arkham Intelligence. Investors are growing restless as the hacker behind the WazirX breach has started funneling millions of dollars in user assets through Tornado Cash following the Indian exchange's $230 million exploit on July 18. Early Tuesday morning, the exploiter initiated the transfer of 2,600 ETH, valued at $6.5 million, to the sanctioned mixer Tornado Cash, according to blockchain security firm PeckShield. In August 2022, the U.S. Treasury Department sanctioned Tornado Cash, claiming it “has been used to launder more than $7 billion worth of virtual currency since its creation in 2019,” Despite its ban in the U.S. the platform still operates across a number of jurisdictions, including in North Korea. According to a tracker by blockchain analytics firm Arkham Intelligence, the WazirX hacker has carried out 26 transactions, each transferring 100 ETH to Tornado Cash, to mask the flow of funds. The transactions commenced mere hours after WazirX’s first town hall meeting to discuss its moratorium application. Last month, WazirX experienced a major security breach in one of its multi-sig wallets, resulting in one of the largest crypto thefts in India's history. In the aftermath of the hack, WazirX implemented a 66% limit on users' Indian rupee withdrawals and has taken legal steps by filing an affidavit with the High Court of Singapore. The exchange is asking for a six-month moratorium so its holding company, Zettai, can work on restructuring its liabilities. “It’s highly unlikely there can be a recovery in crypto terms, at 100%,” stated Jason Karachi, managing director at Kroll during the town hall meeting. “The present numbers indicate a range of 52%-57% in crypto terms.” #TON #DOGSONBINANCE #BNBChainMemecoins #Write2Earn! #wazirX $BTC $ETH $SOL

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Hi Guys, Just Look at my tommorrow #TradingSignal and Now There is also a chance to make Profit in $BTC . #TON #Write2Earn! #BTC☀ #bitcoin☀️

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