According to BlockBeats, as of July 31, market data indicates that SLEN has surpassed $1.1, currently priced at $1.15, marking a 24-hour increase of 53.6%.

Previously, BlockBeats reported that on July 24, Solana ecosystem's permissionless savings account Solend announced its rebranding to Save. Alongside the rebranding, Save introduced a decentralized stablecoin protocol SUSD, a liquid staking token for SOL named saveSOL, and a platform for shorting memecoins called dumpydotfun.