Category: News

Solana Blockchain Faces Network Congestion As Trump And Melania Meme Tokens Surge: What You Need To Know

The Solana (CRYPTO: SOL) blockchain experienced significant network congestion on Monday as enthusiasm around President-elect Donald Trump-themed meme tokens triggered unprecedented transaction volumes, leading to technical difficulties for key infrastructure provider Jito Labs. What Happened: Jito Labs reported “severe degradation” of its Block Engine API due to “unprecedented load...
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Solana Bags Record Daily Fees of $35M Amid Trump Memecoin Frenzy

The world’s most-used blockchain just bagged its largest ever daily fees. On Saturday, Donald Trump’s official token, TRUMP, was issued on the Solana blockchain, which led to an uptick in trading volumes over the weekend. Between Saturday and Sunday, the network generated fees of over $35 million and revenue...
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MELANIA meme coin soars over 50%, Bitget joins the hype

MELANIA perpetual contracts based in USDT are coming to Bitget after the first lady’s meme coin begins to make market waves hours after launch. Bitget is launching USDT (USDT)-based MELANIA perpetual contracts on its platform, offering up to 20x leverage…...
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