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Trading of the President's TRUMP memecoin sent the market capitalization to over $15B, resulting in all-time highs for Solana’s Real Economic Value, DEX volumes, and stablecoin supply. This event further validates Solana as the venue for high-throughput onchain activity, with Solana DEXs and DeFi applications as primary beneficiaries, while also signaling to further experimentation, utilization, and adoption of memecoins as legitimate financial instruments for speculation, crowdfunding, or capital formation. President Trump’s continued willingness to experiment in crypto reaffirms a highly-favorable political and regulatory climate for the industry.
by Luke Leasure
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Breaking headlines across our core coverage categories.
Key figures including Vitalik Buterin struggle to communicate the network’s core mission in an era of memecoin-minimized attention spans
Trump’s token is setting the “tone” for crypto, Empire co-host Santiago Santos said
A pair of fundraises by Tapestry and Oh both came with expansive ideas about the future of AI and the role of humans in it
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Blockworks Research
Blockworks Research
Blockworks Research
Blockworks Research