Gold 24K AED 478.81/gUSD/AED 3.6725USDT/AED 3.6698AED/INR 26.31All live rates →

The Solana Contraction: From Memecoin Mania to Institutional Reckoning

Cryptonite UAE

The Solana (SOL) ecosystem is facing a significant stress test in late 2025, as network activity has plummeted by 97% in the fourth quarter. Once boasting over 30 million active traders in late 2024, the network now sees fewer than one million monthly participants. While the broader market has suffered—including a 30% drop in Bitcoin—Solana’s … Read more

Solana Meme Coin Launchpad Pump.fun Faces Backlash Amid $436.5M USDC ‘Cash Out’

Cryptonite UAE

Solana-based meme coin launchpad Pump.fun is under intense scrutiny and facing community backlash following a massive series of USDC transfers, which analysts are calling a “withdrawal” or “cash out” operation. Key Financial Movements: Total Withdrawal: Since October 15, Pump.fun has withdrawn an estimated $436.5 million USDC (according to on-chain analysis). Recent Transfers: In the past … Read more

BONK ETP Debut and Whale Activity Hint at Imminent Breakout for Memecoin

Cryptonite UAE

Bitcoin Capital, a key issuer on the SIX Exchange, is set to launch a BONK Exchange-Traded Product (ETP) on November 27th. This debut will offer EU investors 1:1 exposure to the memecoin, potentially driving a spike in trading volume and activity for BONK. Market Context: The news comes as BONK is consolidating near the apex … Read more

About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate