Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered ...

The Lazarus Group, the primary suspect behind the $1.4 billion Bybit hack, may also be linked to recent Solana memecoin scams, including rug pulls on the Pump.fun platform, according to onchain ...

Solana-based memecoin launchpad LetsBonk has overtaken Pump.fun in daily revenue. Data from decentralized finance (DeFi) analytics platform DefiLlama reveals that LetsBonk generated $1.04 million in ...

The regulatory environment for cryptocurrency in the U.S. is favorable, but prices have stagnated, suggesting a shift towards fundamentals over hype. Memecoins are struggling. Solana's memecoin-driven ...

The crypto market is faltering this week, and Solana is stumbling more than most as a cooling memecoin craze depresses coin prices to their lowest level in several months. The crypto market overall is ...

Solana Foundation has emerged as the go-to blockchain for meme coin traders and decentralized exchange (DEX) users — and according to Solana Foundation’s CMO Akshay BD, the trend wasn’t engineered ...

Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK ...

Decentralized exchange (DEX) volumes on Ethereum have leapfrogged Solana for the first time since April after a swift shift in sentiment away from Solana-based memecoins and towards ether ETH ...

Solana (CRYPTO: SOL) is trading 2.85% higher at $142.17 on Tuesday, extending its recent streak of gains and continuing to outpace much of the broader crypto market. The token is now up 7.15% over the ...

Standard Chartered’s latest report warns that Solana may be a “one-trick pony,” with memecoin trading dominating its usage and now in decline. Layer-1 blockchain Solana may be evolving into a ...