Journalist
- Solana saw a bullish week, with $3 billion in stablecoins driving liquidity through the memecoin effect
- Important questions about its future are rearing their heads now
At the time of writing, among high-caps, Solana led the market with a 27% weekly gains. Make no mistake, it hasn’t led by chance. The ‘Trump pump’ sent SOL ($254.87)’s demand soaring, with $3 billion in stablecoins flooding the network – Clearly, FOMO drove investors in. The memecoin mania sparked a liquidity surge. However, with the hype possibly fading, what’s next for Solana?
Is it becoming too hype- driven?
One day before TRUMP ($41.76)‘s launch, Solana stablecoins had a $6.10 billion market cap. Now? Figures for the same have soared to $9.88 bil…
Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals | Short Urls
Design By New Web | ScriptNet