7/ Trump's Memecoin Frenzy on Solana 🇺🇸
Even President Trump launched the $TRUMP memecoin on Solana, causing a surge in network activity.
Maybe it's a sign that Solana memecoins have peaked, but it also solidifies SOL as the go-to platform for launching memecoins.
3/ Degen Culture = Hype Machine 🔥
Solana is home to @bonk_inu, @dogwifcoin, @mew, etc.
Memecoins + NFT degens = Perfect storm.
Ethereum L2s are DeFi-heavy (serious projects, fewer memes).
ZK-rollups = Too technical, no fun 😆
2/ Fast & Cheap Transactions ⚡️
Solana: 65,000+ TPS, <$0.01 fees, ~400ms finality
L2 Rollups: 1,000+ TPS, $0.10–$1.00 fees, slower finality
ZK-Rollups: Still costly & slower finality than Solana
Memecoins need speed & low costs for high-volume trading. Solana wins.
Why @solana Has Become the #1 Blockchain for Launching Memecoins
You might want to launch your own memcoin on SOL after reading this thread
👇
5/ Bitcoin Price Surging!?
Bitcoin reached surpassed $100K once again.
The surge was partly due to investor optimism surrounding potential crypto-friendly policies under the new administration.
The formation of the SEC's crypto task force is viewed positively by some investors, indicating a move towards clearer regulatory guidelines.
4/ Mt. Gox's Former CEO's New Venture.
Mark Karpelès, the former head of the Mt. Gox crypto exchange, is making a comeback with a new venture, EllipX, focusing on security and transparency.
This initiative comes after his conviction for falsifying records following the collapse of Mt. Gox in 2014, where 850,000 bitcoins went missing.
2/ President Donald Trump appointed Mark Uyeda as the acting chairman of the SEC, replacing Gary Gensler.
This move is anticipated to be favorable for the cryptocurrency industry as he's expected to kick-start a cryptocurrency policy overhaul as early as this week.
Lastly, we also invite other Polygon-based projects to join forces with us.
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