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Solana Memecoin Volume Jumps $1B in May as it Dominates Activity

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The cryptocurrency market has certainly struggled with consistency just four months into the new year. Moreover, this has created a rather concerning problem for the memecoinmarket, as sluggish price performances have been the norm. However, that may be changing, as Solana has seen its daily meme coin trading volume jump by $1 billion in May as it dominated activity. The development shows that the asset class on the Solana network may be tracking Bitcoin. Indeed, the leading cryptocurrency surged to a $111,000 all-time high this week amid a historic jump. Now, that could be propelling a host of other digital assets up in the same way. Source: Mudres Also Read: SOL Strategies Purchases 122,524 Solana (SOL) worth $20 Million Solana Memecoin Trading Volume Jumps 46% Between April and May Entering 2025, there were few cryptocurrencies that had the kind of hype Solana had. The token was set to be the subject of several ETF filings. Moreover, there was a good chance that it would soon join B...

Top 10 cryptocurrencies by development activity in last 30 days

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As the majority of assets in the cryptocurrency market are trading in the green on most charts, blockchain and cryptocurrency businesses continue to invest significant efforts in terms of developing their ecosystems, with development activities of some of them being more intense than others. Specifically, the Polkadot (DOT) protocol and its public pre-production environment, Kusama (KSM), share the top position in terms of notable GitHub commits across the previous 30 days, according to the data by the on-chain and social metrics platform Santiment in an X post published on November 28. Top 10 cryptos by GitHub activity in last 30 days. Source: Santiment Specifically, GitHub commits refer to the records of changes to one or more files in a development team’s projects, as the development platform assigns each commit a unique ID called a SHA or hash that identifies these specific changes, when they occurred, and who created them – much like saving an edited file. Crypto develo...