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The cryptocurrency Market has been experiencing a selloff over the last few days, causing ripples of concern among investor, with the Bitcoin price now trading around the $64,000 mark. The recent volatility has led to a flurry of activity, with prices fluctuating and presenting both challenge and potential openings for those keen on capitalizing on the pullback.#BTC #HotTrends
Reported by cointelegraph, solana network activity surpassed Ethereum over the weekend amid a scaramble for solana based memecoins causing the network to struggle to keep up. on march 16, solana's total trading volume soared past Etherem network by more than $ 3.52 billion and beating out the daily volume on the Etherem network by more than $ 1.1 billion ,per Defillama. However , the solana network struggled to keep up with the influx of activity, with many users across X complaning about frequent instances of failed or maissing transaction. According to solana validator data, cited by pseudonymous user ''Dagnum'' on X solana's ping time ran between 20 and 40 second at 8 pm UTC on march 16, resulting in approximatly 50% of transaction failing for around 20 minutes. the huge upstick in solana network activity was driven by an outsized appetite for new memcoins. on march 14, degens began piling into a new memcoin called book of meme [BOME], which rallied from near zero to a market capitalization of $1,45 billion in just 56 hours. Another memecoin Dubbed ''$NAP'' [NAP] also garnered significant attention from traders, rallying from a market cap of around $20 million to over $330 million in less than 18 hours.
Bitcoin Miners Near Final Month Before Reward Halving slashes Revenues #BTC #HotTrends
