Solana Tops Ethereum in Weekly Fees Amid Meme Coin Surge

Quick Summary:

Solana surpassed Ethereum in weekly total fees for the first time, generating approximately $25 million compared to Ethereum’s $21 million.

A pivotal factor in Solana’s recent success is the burgeoning trend of celebrity coin trading, predominantly hosted on Solana-based meme coin platforms like Pump.fun and Moonshot.

Whether Solana can sustain its momentum and continue to challenge Ethereum’s supremacy remains to be seen, but its recent accomplishments have undoubtedly positioned it as a formidable contender in the blockchain arena.Pump.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: #Fees Weekly News Bitcoin surge Tops ETHEREUM Latest News Meme Coin Solana

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 15:42:44 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1682 words

Reading Time: 10 minutes read

Sentences: 76 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21860313

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 17 hours ago

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