5 years that she's been dragging herself around is not worth a dime
MARTIAL-LFE
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$XRP something is brewing!!!
Ripple: Target $12.80, Will the SEC Trigger the XRP Price Explosion Today?
For Ripple, today could be one of the most important days in the company's history. There is a realistic chance that the long-running controversial litigation with the US Securities and Exchange Commission (SEC) will end this Thursday. But what would this decision mean for the future of XRP, the crypto industry, and digital asset regulation?
There is speculation that XRP would be at an impressive $12.80 today if it weren't for the SEC litigation. This is based on the general development since the Bitcoin crash in 2020 and the assumption that XRP fell to $0.17 with the SEC litigation. This should therefore be a good price target for XRP to head towards once the litigation is resolved. The crypto community is eagerly awaiting the outcome of today. If the SEC decides to settle the case, it will be up to Ripple and the XRP army to capitalize on the lessons of the past.
$ANIME An hour and few minutes we all will be able to buy hang in there if you want to learn how to buy just comment buy and I’ll post immediately it’s released
🚀 Can $TRUMP Bounce Back to 77? Let’s Talk Strategy! 💭
I’ll admit it—I jumped the gun and bought $TRUMP at 48.25, even though my plan was to buy closer to 37. 🤦♂️ The price shot up way too fast, and FOMO got the best of me. Now it’s hovering around 40, and I’m stuck wondering what’s next. 🤔
Should I hold on and bet on a recovery, or cut my losses and move on? 🤷♂️ Experienced traders, I need your wisdom! Can $TRUMP rally back to 77, or is it time to rethink my position? Let’s brainstorm in the comments! 💬📉
According to a Jan. 22nd report by the Financial Times, crypto industry leaders are raising serious concerns about the chaos caused by TRUMP and MELANIA, the controversial memecoins launched by ‘crypto president’ Donald Trump and his wife the weekend before his Monday inauguration.
Nic Carter for instance, founding partner of Castle Island Ventures, reportedly said, “Call me old-fashioned, but I think presidents should focus on running the country.”
Nic, who’s actually a vocal Trump supporter, also flagged the conflict of interest, pointing out that the president’s position allows him to influence crypto regulations while directly benefiting from the trading of his tokens.
The meme coins were initially worth a combined $17.5 billion, per data from CoinGecko. But by midweek, both had lost more than half their value, leaving thousands of investors reeling and raising questions about ethics, conflicts of interest, and the impact on the industry’s reputation.
Data from CoinMarketCap reveals that most trading activity for the 200 million available TRUMP tokens happened on lesser-known Asian exchanges like BiKing, Gate.io, and Megabit.
“Human nature never changes,” a Silicon Valley investor reportedly told the Financial Times at the World Economic Forum in Davos, likening Trump and Elon Musk to Crassus and Caesar. The investor described the memecoins as a modern example of using political influence for personal gain.
“We are seeing real ‘End of Empire’ stuff in the U.S.,” they added, referencing the rapid creation of billions in paper wealth and its equally rapid collapse.
About 80% of the TRUMP tokens are held by CIC Digital, a Trump Organization-affiliated company, and Fight Fight Fight LLC, another entity linked to the president. Both companies are set to benefit from trading revenues and token sales, as insiders’ holdings will unlock for sale over the next three to 12 months.
Lawmakers and executives call out ethical issues
According to the report, Maxine Waters, Democratic congresswoman and member of the House Financial Services Committee, said, “This meme coin represents the worst of crypto.”
Waters argued that $TRUMP could enable anonymous financial transactions to Trump’s inner circle, bypassing national security and anti-corruption laws.
Oskar Åslund, chief strategy officer at AKJ, a crypto hedge fund brokerage, said, “His economic interest is for sale. There are no checks and balances here.” Åslund also warned about the lack of protections for retail investors, adding that terms on the token’s website prevent users from filing class-action lawsuits.
Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, expressed concern that $TRUMP could derail efforts to establish regulatory clarity for crypto. “I believe it hurts the industry,” he said during a Davos panel.
Meanwhile, Serge-Raymond Nzabandora of Yield Guild Games described the tokens as a drain on resources and attention. “The immediate effect has been draining liquidity and attention away from legitimate projects working on real use cases that the industry desperately needs to prove to the world in 2025,” he said.
Nzabandora also pointed out the irony of Trump’s actions, as they appear to undermine the very regulatory protections former SEC chair Gary Gensler sought to establish.
Adding fuel to the fire, REX Financial and Osprey Funds filed paperwork with the SEC for an exchange-traded fund (ETF) centered on the $TRUMP token. The proposed fund would allow investors to trade the memecoin more easily, but it has already faced backlash.
“These are the first filings we’ve seen for memecoin ETFs in the U.S.,” said James Seyffart, ETF analyst at Bloomberg Intelligence. He questioned the wisdom of launching an ETF for a token created just days ago, especially one tied to a sitting president.
“I’m not sure even a libertarian-minded and Republican-controlled SEC will want to approve these products,” James added.
Meanwhile, more than 30 new crypto ETFs are in the pipeline, including filings for funds focused on Solana and XRP. ProShares and CoinShares are among the firms seeking to capitalize on the change in US SEC leadership. But according to James, “These filings are a gamble.”
Meanwhile, in an interview with Bloomberg, Ark Invest’s Cathie Wood said that TRUMP is a meme coin. She did not buy it herself because she only holds Bitcoin, Ethereum and Solana. However, she believes that the token isn’t “completely worthless.”
“It may symbolize a new stage of the cryptocurrency revolution and have certain practicality in the future,” she said. Cathie is well beloved in the crypto community as one of Bitcoin’s earliest and strongest believers.
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just a coincidence or something more? Take a look at the charts from the past three months and notice the similarities: a breakout at the start of each month, followed by sideways accumulation with peaks lower than the previous ones, and support at the previous month’s highest peak. Then, another breakout to a new all-time high (ATH).
So, will this month follow the same pattern? I can’t say for sure, but the recurring similarities are hard to ignore. Definitely bullish.
9 Cryptocurrencies Under $1 That Could Post 8000% Returns in the Next 10 Months
The post 9 Cryptocurrencies Under $1 That Could Post 8000% Returns in the Next 10 Months appeared first on Coinpedia Fintech News
The crypto market is as unpredictable as it is exciting, and 2025 could be the year we witness some low-priced tokens rise to unimaginable heights. These tokens are priced below $1 and could post 8000% returns within the next ten months. What’s most exciting about them is that investors don’t need to break the bank to make explosive returns. Below are nine cryptocurrencies under $1 to end 2025 as a millionaire.
Rexas Finance (RXS)
Rexas Finance (RXS) is a promising new cryptocurrency that has caught the attention of investors through its recent presale, which was one of the most successful. The high demand for the token shows overwhelming confidence in the project. Holders even requested an additional stage after the eleventh stage ended. The presale was supposed to end in stage eleven. However, the Rexas community’s push for an extension led to the team organizing a poll that favored an extra phase.
Thus, the RXS presale is still ongoing and in its last stage. The token sells for $0.20, with a fixed launch price of $0.25. The official listing will also occur on three top-tier exchanges. Rexas Finance focuses on real-world asset (RWA) tokenization, offering a unique approach to asset management. Through tokenization, it addresses common issues in traditional finance like illiquidity, high costs, and lack of accessibility. This creates new opportunities for smaller investors and provides liquidity.
One of Rexas Finance’s standout features is its ecosystem. The Rexas Token Builder allows anyone to create custom tokens, even without technical knowledge, while Rexas GenAI offers an AI-powered tool for creating digital artwork. Rexas QuickMint Bot simplifies token creation, even on mobile devices, further expanding the platform’s accessibility. Additionally, Rexas Estate facilitates fractional property ownership, enabling individuals to invest in real estate with smaller amounts of capital.
Rexas Finance has built a loyal community through its focus on inclusivity and rewarding the support of its members. It has created a million-dollar giveaway to win twenty participants $50,000 worth of RXS tokens. Rexas Finance has a clear roadmap that has fueled speculations that it could go as high as $25, over an 8000% increase. This possibility is supported by its presale success and investors’ confidence. With its launch months from now, RXS could deliver gargantuan returns in 2025.
Dogecoin (DOGE)
DOGE whale’s recent activity has drawn the market’s attention to the dog-themed mem coin. Whales moved 600 million DOGE, valued at $231 million, between unknown wallets. These secretive transactions have sparked speculation about potential accumulation or price action. Dogecoin’s recent breakout of a bullish Symmetrical Triangle pattern has also sparked excitement. Trader sentiment has also fluctuated, with the long/short ratio fluctuating. DOGE’s dominance in the meme coin sector positions it as a top gainer in the coming bull run. This could see 8000% returns in the next 10 months.
Dogwifhat (WIF)
Dogwifhat (WIF), a Solana-based meme coin, is showing strong signs of a rebound after months of decline. Following Donald Trump’s pro-crypto stance, WIF surged by 154% but later dropped to $1.50, which it consolidated before breaking out. WIF trades at $1.47 and faces major resistance at $1.80, a critical level for its next big move. Bullish on-chain metrics, such as high token transfers and DEX activity, signal growing demand. Technical indicators, including a rising MACD and oversold RSI, suggest the potential for a significant rally. If WIF breaches $1.80, it could target $2.50, positioning it as a high-potential crypto under $1.
Pepecoin (PEPE)
Pepecoin (PEPE), the third-largest memecoin, is gaining momentum with signs of a bullish rally. Reports of the SEC pausing non-fraud cases under Donald Trump’s administration boosted market sentiment, lifting PEPE alongside major cryptocurrencies like Bitcoin and Ethereum. Experts highlight a bullish double-bottom pattern on PEPE’s daily chart, signaling potential gains. Trading above the 200-day EMA and with an RSI below overbought levels, PEPE shows room for further growth. If momentum holds, analysts predict a 22% surge to $0.000022, with the potential to climb higher. PEPE’s recovery within a symmetrical triangle pattern adds to its promising outlook for the months ahead.
Hedera (HBAR)
Hedera’s HBAR shows strong growth potential, with trading volumes exceeding $2.7 billion. Recent upgrades in its ecosystem have fueled its bullish momentum. Recently, Hedera updated its mainnet. It also made partnerships to tokenize $3 billion in luxury assets. HBAR’s price recently surged by 27%, breaking key resistance levels.
It now trades above its 20-day Exponential Moving Average and is supported by bullish Moving Average Convergence/Divergence (MACD) signals. Experts predict it could revisit its all-time high of $0.57. HBAR is also on the list of cryptocurrencies that could get an ETF approval. If this happens, its value could easily skyrocket. Predictions suggest HBAR might hit $0.50, with some expecting highs of $1.20, making it a promising contender for significant returns under $1.
Ethena (ENA)
Ethena (ENA) is gaining traction as it trades near $1. Recent price action suggests a breakout from a parallel channel, hinting at further upward potential. However, analysts caution that failing to hold $0.86 as support could lead to corrections toward $0.69 or even $0.57. However, Ethena’s strong momentum and growing interest act as a support. ENA could soon hit $1 and reach higher targets in the coming months. Investors eyeing high-growth opportunities might find ETHA an attractive addition to their portfolio.
Flare (FLR)
Flare (FLR) shows promising potential for significant growth. It recently completed a corrective ABC structure and is poised for a bullish impulse. The recent surge above key Fibonacci levels indicates strong support at $0.027-$0.028.
With a neutral daily RSI, the asset consolidates and prepares for a larger upward move. Analysts are watching the 1-hour chart for a breakout above resistance at $0.03255, which could signal further gains. If FLR continues its upward trajectory, it could reach targets near $0.034 and potentially higher, making it a strong contender for 8000% returns in the coming months.
Stellar (XLM)
SXLM has shown strong resilience, recovering from a critical support level of $0.43. This happened after a 7.35% to $0.46. This movement suggests the potential for further upward momentum. The coin has consistently stayed above 100 and 200 EMAs, confirming a long-term bullish trend. Its $147.96 million daily trading volume shows strong investor interest.
If XLM breaks through the $0.48 resistance, it could reach $0.50 and beyond, signaling even more potential for gains. Its solid support levels and rising activity position XLM as a top-performing crypto in the coming months, possibly delivering an 8,000% increase.
Sei (SEI)
Sei (SEI) is gaining attention as it approaches a critical $0.37 resistance level. Crypto analyst Michaël van de Poppe highlights this zone as pivotal for a potential bullish breakout. Currently trading around $0.35, SEI has seen increased market interest. Its trading volume has hit 15.2 million tokens, a 20% spike.
On-chain activity also shows a 10% rise in active addresses, signaling growing network participation. If SEI surpasses $0.37, experts believe it could reach $0.42, sparking a new upward trend. It could eventually test new highs in the coming months. Its strong community interest and technical indicators make it a promising choice for 8000% gains in the next ten months.
Conclusion
These nine cryptocurrencies could grow remarkably in the next ten months, achieving up to 8,000%. Their bullish path is notable, and their current price action and future events set them up for higher gains. Rexas Finance presents a unique opportunity to buy into a new initiative with impressive early growth potential. In the first few months of its launch, it could post exponential gains that will skyrocket your value. Its price is still under $1 and as low as $0.20, lowering the entry barrier. Thus, now is a great time to buy before this last stage ends.
Wif on the weekly is forming a bottoming pattern. After our double top right below $5 we have completed our measured move to the downside and price is now testing our weekly support level.
Our weekly support level has showed very strong support in the past and is continuing to show buying pressure at this level.
Price also formed a reversal doji last week and this week could be forming a wick off bottom. This is one of my favorite patterns to trade when we form a doji and follow it with a wick off bottom to sweep the lows for liquidity.
If we see a massive weekly reversal here the first major level to watch would be around the $3.10 level (0.618) followed by of course the double to level right below $5.
$MELANIA I was a pretty good shorts catcher, but unfortunately I've decided to long something and it was Melania... This sh*t ruined my life by liquidating me. It's over. I should stick to shorts cause I was always good with them, but now it's too late... #Melania #TRUMP
Un encule de fils de pite a69000 à la vente à découvert
Amir crypto 6
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$WIF token has seen a long liquidation of $2.1265K at a price of $1.4055, indicating significant market action.
Key Points:
Current price: $1.4055
Liquidation amount: $2.1265K
Market impact: A liquidation like this could lead to increased volatility or price movements in either direction.
Next Move:
Watch for price stability: If #WIF holds above $1.40, it might signal a buying opportunity. However, if the price drops below this level, there could be more downward movement.
Look for an upward trend: If the price rises above $1.45 or shows strong recovery, it could indicate a bullish move.
Manage risk: Set stop-loss orders in case the price continues to drop. You want to protect your investment in case of a major downturn.
Stay alert and keep an eye on the market for potential rebounds or further selling pressure! $WIF
Trump Does Not Repeal Biden’s Executive Order 14067 on Digital Assets
Donald Trump, the 47th President of the United States, revoked 78 executive orders on his first day in office. However, Executive Order 14067, introduced by President Joe Biden, remained untouched. This decision has sparked significant debate, particularly among cryptocurrency advocates, as the order has been linked to policies seen as restrictive to the crypto industry.
Financial analyst Adam Cochran highlighted this omission, emphasizing that the executive order grants regulatory agencies broad authority over cryptocurrency-related businesses. Cochran criticized the administration for maintaining what he referred to as "Operation Choke Point 2.0," a policy some allege restricts crypto firms' access to banking services, similar to the original Operation Choke Point targeting high-risk industries.
Overview of Executive Order 14067
Signed by President Biden on March 9, 2022, Executive Order 14067 focuses on the "responsible development of digital assets." Critics argue that it enabled regulatory actions that have marginalized crypto firms within the financial system. The policy has been compared to Operation Choke Point, which sought to curtail certain industries' access to banking. Since its implementation, prominent crypto-friendly banks like Silvergate Bank and Signature Bank have faced closures, raising concerns about regulatory overreach.
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Reaction from the Crypto Community
Many in the cryptocurrency sector anticipated that Trump would repeal Executive Order 14067 as part of his campaign promises. During the 2024 Bitcoin Conference, Trump pledged to end Operation Choke Point 2.0, describing it as discriminatory against digital currencies. Despite this, Cochran noted that the executive order remains unchanged, leaving regulatory agencies with substantial authority over crypto businesses.
Cochran also expressed frustration that while Trump's administration has focused on dismantling Biden-era policies such as the Inflation Reduction Act, it has not addressed regulatory challenges in the crypto sector. This omission has generated concern about the short-term implications for businesses and investors.
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Operation Choke Point 2.0: Allegations and Impact
Critics accuse federal regulators of reviving the tactics of Operation Choke Point to target the cryptocurrency industry. While the Biden administration has denied the existence of such a program, enforcement actions by agencies like the SEC, FDIC, and OCC suggest otherwise. In January 2023, regulators issued a joint statement cautioning banks about the risks associated with crypto operations. Subsequent enforcement measures led to the closure of several crypto-friendly financial institutions, such as New York's Signature Bank.
Paul Grewal, Coinbase's Chief Legal Officer, has revealed that some banks received explicit instructions to cease facilitating crypto-related transactions. These actions have further fueled speculation about a coordinated effort to undermine the cryptocurrency sector.
The Ross Ulbricht Debate
The decision to leave Executive Order 14067 intact also reignites another debate: the fate of Ross Ulbricht, founder of the Silk Road. Many in the libertarian and crypto communities have called for Trump to commute Ulbricht's prison sentence, but no action has been taken. This has left crypto enthusiasts questioning the administration's commitment to supporting their interests.
As the Trump administration navigates its priorities, the future of digital assets, crypto businesses, and related policies remains uncertain. The industry now awaits further developments that could shape its trajectory. #TrumpMarketInsights #Write2Earn
Trump Makes Elon Musk’s D.O.G.E Official With an Executive Order Despite Being Sued Over It
Moments after his iconic and highly-anticipated inauguration, ‘crypto president’ Donald Trump has signed many executive orders, and according to a report from Reuters, Elon Musk’s Department of Government Efficiency (D.O.G.E) was one of those orders.
Elon shared last year that the department’s goals include cutting three-quarters of federal jobs and eliminating entire agencies, going for at least $2 trillion annually. But Trump’s executive order has been met with immediate lawsuits and fierce criticism from watchdogs, unions, and public interest groups all together.
Progress pic.twitter.com/iNAgAtPPCV
— Department of Government Efficiency (@DOGE) January 21, 2025
Keep in mind that technically, D.O.G.E holds no official power to enforce its recommendations. “To restore competence and effectiveness to our federal government, my administration will establish the brand-new Department of Government Efficiency,” Trump declared during his speech after the swearing-in.
D.O.G.E faces legal firestorm
Among the first to file a lawsuit was National Security Counselors, a legal advocacy group. They claim the committee violates the Federal Advisory Committee Act of 1972, which requires advisory groups to operate transparently.
The lawsuits also accuse D.O.G.E of having an unclear legal structure, with Public Citizen, another watchdog, demanding more details about how the group will actually function.
The lawsuits named many defendants, including Elon himself and the White House’s Office of Management and Budget. They argue that the initiative’s lack of proper oversight could lead to chaos within federal operations.
But history tells us that this isn’t the first time committees like D.O.G.E have been created. In 1982, President Ronald Reagan formed a similar group to streamline federal spending. Though that effort did end up producing a delayed report with recommendations that were largely ignored.
Elon Musk speaking ahead of President Donald Trump: “It is thanks to you that the future of civilization is assured. We're going to have safe cities — finally — secure borders, sensible spending. Basic stuff. And we're going to take DOGE to Mars!” pic.twitter.com/jO7NRSzcAP
— America (@america) January 20, 2025
Originally co-chaired by biotech entrepreneur Vivek Ramaswamy, D.O.G.E now has Elon as its sole leader. Hours after Trump signed the executive order, Vivek announced his departure on X, saying he wanted to pursue political ambitions in Ohio, specifically as the state’s governor.
“Vivek Ramaswamy played a critical role in helping us create D.O.G.E,” said Anna Kelly, Trump’s spokesperson. She added, “He intends to run for elected office soon, which requires him to remain outside of D.O.G.E based on the structure we announced today.”
Vivek, for his part, said in a post on Jan. 20 that:
“It was my honor to help support the creation of DOGE. I’m confident that Elon & team will succeed in streamlining government. I’ll have more to say very soon about my future plans in Ohio. Most importantly, we’re all-in to help President Trump make America great again!”
The Reuters report says that Elon’s initial focus for D.O.G.E will be on assessing which federal agencies are ripe for downsizing or elimination. Agencies like the Environmental Protection Agency, the Internal Revenue Service, and the Department of Education are reportedly under review.
A new dawn. 🇺🇸 pic.twitter.com/a3Vthjth69
— Vivek Ramaswamy (@VivekGRamaswamy) January 20, 2025
Tariff threats add to the drama
Meanwhile, Trump has also ramped up his trade policies after taking office, issuing warnings to Canada and Mexico about potential tariffs. Speaking to reporters on Monday, the 45th and 47th president of the United States said his administration was considering 25% levies on goods from both nations, citing border control failures and fentanyl trafficking as key reasons.
“We’re thinking in terms of 25% levies on Mexico and Canada because they’re allowing a vast number of people over the border,” Trump said. He added that the tariffs could take effect as early as February 1.
The tariffs are part of the president’s plan to overhaul trade systems and protect American jobs. Analysts predict these measures could severely affect Canada’s economy, which trades over $500 billion annually with the U.S.
Trump has also reiterated the idea of stricter tariffs on China, using TikTok as a leverage point. The president said he believes the tariffs could force TikTok’s parent company to sell its U.S. operations to an American firm.
Trump’s return to the White House has electrified crypto markets. Bitcoin made a brand new all-time high of nearly $110,000, though Trump’s meme coin TRUMP is plummeting along with his wife’s MELANIA.
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$TRUMP tenía 100 euros en mi billetera ,todo puesto en Trump,decido vender y de golpe tengo 80 euros,soy nuevo en las cripto pero alguien me puede decir donde han ido esos 20 euros que me faltan.son comisiones?que barbaridad
$TRUMP est monté cette nuit à 300 dollars sur la plateforme probit global à 23h30 exactement, j’avais heureusement mis un ordre de vente, et j’ai réussi à vendre. Pourquoi on ne voit pas ce Pump sur binance et coinmarketcap?
$WIF It seems you are tracking a short liquidation in the cryptocurrency market, specifically for a coin with the ticker WIF, with a liquidation value of $5,413.10 at a price of $1.35717. Here’s a simplified breakdown and potential next steps:
What’s Happening?
Short Liquidation: Traders betting the price would fall (shorts) are being forced to close their positions due to the price rising. This often signals bullish momentum.
Price Point: The coin is currently at $1.35717, a key level that caused liquidations.
What’s Next?
Watch for a Breakout: If buying pressure continues, the price might rise further as short liquidations trigger more buying (short squeeze).
Key Levels: Check resistance levels above $1.36 and monitor if volume supports a move higher.
Be Cautious: A reversal can happen if the move is overextended.
Suggestions for Action:
If Bullish: Consider buying a small amount if momentum persists and volume supports a breakout.
If Cautious: Wait for a retracement or confirmation of a sustained uptrend before entering.
Set Stop-Loss: Protect your position with a stop-loss below a recent support level (e.g., $1.34).
Let me know if you need analysis on other factors like market sentiment or deeper technical details!
📉 Technical Overview: WIF/USDT has faced a notable pullback, currently trading at $1.355. The price is nearing a potential support zone at $1.312. Key resistance levels above indicate opportunities for upward momentum if the market sees recovery.
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🎯 Short-Term Targets:
1️⃣ Target 1: $1.390 (Immediate resistance)
A break above this level could signal short-term bullish momentum and attract additional volume.
2️⃣ Target 2: $1.479
This level aligns with the 4-hour moving average resistance. Sustained buying pressure is crucial to test this zone.
3️⃣ Target 3: $1.570 - $1.605
A key zone where profit-taking may occur. Breaking this range can signal a shift in market sentiment toward bullish dominance.
Coinbase CEO Alerts of Massive Solana Activity Surge: What's Happening?
In a recent response on X, Coinbase CEO Brian Armstrong highlighted an unexpected surge in Solana activity. Armstrong noted that Coinbase's Solana infrastructure was under significant pressure, stating that the Coinbase team had been working hard to scale the infrastructure in response to the unexpected surge.
"Team is working hard on scaling our Solana infra now - lots of Solana activity last few days, we were not anticipating this level of surge," the Coinbase CEO wrote. This activity surge most likely began on Friday and extended through the weekend, as meme tokens issued on the Solana blockchain sparked a market frenzy. Solana's price rose as well, setting new record highs.
Team is working hard on scaling our Solana infra now - lots of Solana activity last few days, we were not anticipating this level of surge.
— Brian Armstrong (@brian_armstrong) January 20, 2025
Elsewhere, Solana Floor, a Solana-focused X account, cited multichain wallet Phantom reporting over eight million requests per minute, resulting in wallet loading failures and transaction issues. Users faced disruptions as the recent meme coin frenzy on Solana drove massive activity.
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According to the same source, Solana's 24-hour DEX trading volume hit $23.7 billion in the last 24 hours, setting a new high, with DEX dominance at a historic 65%. This volume is three times greater than the combined volume of Ethereum and its layer-2s.
It is worth noting that the Solana chain has held up despite the massive activity surge and is operational, with 100% uptime. The most recent update from the Solana Status webpage reports all systems operational with no reported downtime in the last 90 days.
SOL hits record highs
Solana's SOL has reached new highs, fueled by the recent meme coin mania. The price of SOL rose to a high of $294 on Sunday, marking a fresh all-time high.
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Solana is the fourth-largest cryptocurrency by market capitalization, excluding stablecoins. It launched in 2020 as a faster and cheaper alternative to Ethereum, and it currently hosts some of the most popular meme coins, including BONK and Dogwifhat (WIF), as well as decentralized finance (DeFi) and gaming projects.
At the time of writing, SOL had retraced from its recent highs, down 11.44% in the last 24 hours to $260 but still up 48% weekly.
Bom dia pessoal que gosta de viver em adrenalina, ontem fiquei inquieto ao ver minhas moedas trump se desfazerem, prejuízo na casa dos 1.3k, optei em segurar e assim fiz e pela madrugada ainda consegui obter um lucro, comecei a me questionar sobre a utilidade da moeda daqui pra frente e optei em retornar para o XRP, vou acompanhar aqui no decorrer do dia, talvez volte a adquirir, lembrando aos aventureiros (invistam aquilo que não lhes fará falta caso percam, boa sorte)