The Solana blockchain recorded a steep income decline within the second quarter of 2025, at the same time as its decentralized finance ecosystem expanded. A latest report from Messari exhibits that whereas complete worth locked (TVL) on the community elevated, software income, known as Solana’s “Chain GDP,” fell sharply throughout the reporting interval. In line…
Decentralized exchange Hyperliquid is under scrutiny after a sharp rally in its HYPE token coincided with whale-driven manipulation claims on its platform. On Aug. 27, analytics firm SpotOnChain reported that a cluster of large wallets pushed XPL’s price up by 200% to $1.80 before it quickly retraced. The sudden move transferred millions between traders. According…
Galaxy Digital, Multicoin Capital, and Jump Crypto are seeking about $1 billion to assemble a Solana treasury through a public company vehicle, according to Bloomberg, with Cantor Fitzgerald engaged as lead banker and a takeover of a listed entity contemplated for the structure. The effort, described as ongoing talks, would create what the report characterizes…
Kanye West continued his controversy-filled era with his YZY token launch on Solana this week, where trading activity drove its market capitalization near $3 billion before collapsing within hours. The token, listed under multiple pool tickers on Raydium, initially saw rapid inflows that pushed its fully diluted valuation into multibillion territory before prices retreated more…