Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Solana news
MetalCore will use Solana Labs’ GameShift platform, which incorporates a storefront and payment systems for in-game purchases.
Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania.
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.
Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels.
This Solana-based memecoin blends real-world utility with the internet culture to drive innovation and create a profound impact.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.