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The Daily: Crypto's 'pivotal moment' on Inauguration Day, Trump and Melania's memecoin mania and more

The article discusses major developments in the crypto market, including Trump's inauguration, memecoin launches, Bitcoin's all-time high, and increased trading activity in the Solana ecosystem.

theblock.co • 20/01/2025 - 20:01 PM

Solana's daily fees hit record high of $33 million as Trump family memecoins boost network volume

Solana's daily transaction fees surged to $33.2 million, driven by memecoins TRUMP and MELANIA, resulting in record trading volumes and a spike in Solana's token price.

theblock.co • 20/01/2025 - 10:40 AM

Solana hits new all-time high, DEX tokens surge amid Trump memecoin frenzy

Solana reached a new all-time high of $268.75, driven by the launch of the Official Trump memecoin, which surged in popularity and trading volume.

theblock.co • 18/01/2025 - 19:56 PM

Trump posts send 'official' $TRUMP memecoin to $9 billion market cap

President-elect Trump’s X and Truth Social accounts have promoted an ‘Official Trump Meme’ memecoin, which reached a market cap of over $9 billion within three hours of launch. The memecoin appears to be associated with the same entity that launched Trump’s NFT trading cards, which will receive 80% of the tokens over 3 years, with only 10% reserved for a public distribution. Industry leaders celebrated Trump’s imminent inauguration at a ‘Crypto Ball’ in D.C. on Friday night.

theblock.co • 18/01/2025 - 05:23 AM

SOLANA

Solana ETFs: How a 2025 launch could play out

Trump's administration may enhance the U.S. crypto industry's prospects with potential approval for Solana ETFs, amid expected regulatory changes and a more crypto-friendly SEC leadership.

theblock.co • 17/01/2025 - 20:51 PM

The Daily: Trump 'receptive' to an 'America-first' crypto reserve, XRP hits new all-time high and more

Trump shows openness to a U.S.-based crypto reserve while XRP reaches a new high. Litecoin ETF approval appears imminent, and SEC disputes Ripple's legal ruling.

theblock.co • 16/01/2025 - 18:39 PM

Solana-based social graph protocol Tapestry raises $5.75 million in Series A funding

Tapestry, a Solana social graph protocol, raised $5.75 million led by Union Square Ventures, bringing total funding to $12.5 million to enhance blockchain applications' social features.

theblock.co • 16/01/2025 - 18:30 PM

Jito Labs hires crypto legal veteran Rebecca Rettig as first chief legal officer

Rebecca Rettig, a crypto legal veteran with stints at Aave and Polygon, will join Jito Labs as its first chief legal officer. The hire comes amid massive growth for the Jito protocol and Solana network, as well as a shifting regulatory landscape.

theblock.co • 16/01/2025 - 17:48 PM

Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps

Pyth Network launched Lazer, an ultra-low-latency oracle solution for trading apps, offering real-time market data from first-party publishers and supporting multiple blockchain environments.

theblock.co • 16/01/2025 - 05:58 AM

Switchboard to become first Solana oracle network to go live on Jito's growing restaking platform

Switchboard Protocol partners with Jito to utilize restaking, enhancing security and efficiency, while potentially unlocking new blockchain applications within Solana's ecosystem.

theblock.co • 15/01/2025 - 15:32 PM

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