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Solana News

Fortnite’s “Big Dill” Character Triggers 4,300% Surge in Unofficial Solana Meme Coin

An unofficial Solana meme coin "Dill Bits" inspired by Fortnite's pickle criminal rapper Big Dill surged 4,300% after being featured in the game's storyline...

Solana’s High Inflation Rate Continues as Staking Reform Fails to Garner Support

Solana's proposal to reduce its 4.7% staking rewards inflation (SIMD-0228) has failed to secure the required supermajority, with small validators largely opposing the change.The...

Solana’s Inflation Reform Proposal Fails Vote But Marks Governance Milestone

Solana's SIMD-228 inflation reform proposal has been rejected despite receiving 61.4% approval, falling short of the required 66.67% threshold.The governance vote saw participation from...

CME Readies Solana Futures Launch, Paving Way for US Spot ETFs

CME Group's upcoming launch of Solana futures on March 17 could pave the way for SEC approval of Solana ETFs as early as May...

Franklin Templeton Files for Solana ETF With Staking Rewards in US

Franklin Templeton has filed for a Solana ETF through the Chicago Board Options BZX Exchange (Cboe), with provisions to allow staking of the underlying...

Solana Network Revenue Plummets 93% as Memecoin Interest Fades

Solana network revenue has plummeted 93% from its mid-January peak of $55.3 million to just $4 million in the past week.DeFi total value locked...

Jito Network Unveils Ambitious Treasury Deployment Strategy for Solana Transaction Revenues

Jito Network, processing more than half of Solana's transaction fees, faces decisions on how to utilize its growing treasury.A new proposal suggests a "buyback...

Franklin Templeton Report Reveals Solana DeFi Growth Outpacing Ethereum Despite Lower Token Value

Solana DeFi projects show 2,400% median fee growth year-over-year compared to Ethereum's 150%, yet trade at lower valuation multiples (9x vs 18x).According to Franklin...

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Tesla Shares Drop 6% After Elon Musk’s $1T Bonus Approval

Elon Musk’s $1 trillion compensation plan was approved at the recent Tesla shareholder meeting.Tesla shares have declined sharply since...

MoonPay launches multi-chain stablecoin suite with M0 integration

MoonPay has launched a stablecoin suite enabling companies to issue and manage stablecoins across multiple blockchains.The new offering expands...

Michael Saylor Predicts Bitcoin Will Surpass Gold by 2035

Michael Saylor expects Bitcoin to surpass Gold as an asset class by 2035.Bitcoin’s market cap is currently about $2...

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