U.S. President-elect Donald Trump’s TRUMP token has made quite a splash in the crypto market, rapidly becoming the 21st largest digital asset with a market cap of $11 billion in just two days. The TRUMP/USDT pair has emerged as the most-traded pair over the past 24 hours on the leading exchange, Binance, representing 13.3% of […]

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 of at least $14 million, DeFiLlama

Bitcoin (BTC) zoomed to a record level above $109,000 during the Asian trading hours on Monday ahead of Republican Donald Trump’s scheduled inauguration later in the day. BTC reversed losses from earlier in the day when it fell to nearly $100,000 from a high over $102,000 on Sunday as first lady Melania Trump issued a

Ethereum Layer 2 scaling solutions may soon hit their limits in efficiently scaling the mainnet, warns Gautham Santhosh, co-founder of Polynomial.fi. Layer 2 solutions are protocols or networks built on top of a layer-1 networks to improve its scalability and reduce transaction costs by processing transactions off-chain and then periodically settling the results on the

As the official memecoin of the second Donald Trump presidency flirts with a market cap of $10 billion, and Melania Trump, the next first lady, launches her own, Balaji Srinivasan, the former CTO of Coinbase, said in a thread on X that this whole category of tokens could be equated to gambling. “There is no

Bitcoin (BTC) nursed losses during Monday’s morning Asia trading hours amid frenzied trading in memecoins TRUMP and MELANIA. The leading cryptocurrency by market value briefly dipped below $100,000, representing a 4.5% drop on a 24-hour basis. ETH, XRP, SOL and BNB posted bigger losses, with ADA and DOGE losing over 10%, according to data sources

The “official” memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn helped the total dollar value locked (TVL) on the network top $10 billion for the first time since the collapse of FTX. Donald Trump’s choice of

Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his “official” memecoin. The choice

The ‘official’ memecoin of the second Donald Trump administration will be listed on major cryptocurrency exchanges including Coinbase and Binance, according to announcements from the companies. Coinbase posted on Sunday that it plans to list the TRUMP token. The announcement came via its Coinbase Assets X account, which provides information on new assets, however the

El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most advanced crypto regulatory frameworks in