• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump's Meme Coin Elevates Solana to New Heights

user avatar

by Giorgi Kostiuk

a year ago

The newly launched meme coin associated with Donald Trump has sparked a significant increase in Solana's value in the crypto market.

Impact of TRUMP Meme Coin on the Crypto Market

Donald Trump's official meme coin, TRUMP, has generated considerable interest, driving its market cap to $6 billion, making it the 33rd largest digital asset. The token's demand has significantly impacted the broader crypto market.

Role of Solana Blockchain

The TRUMP meme coin is based on the Solana blockchain, which increased the demand for its native token SOL. Trading volumes exceeded $11 billion in the past 24 hours, with SOL rising 18% within the past day, reaching new all-time high levels.

Implications for the Crypto Industry

Solana's surge is also linked to other developments, such as President Trump's plans to prioritize crypto on the national agenda. Additionally, prospects for a Solana ETF have increased in light of recent events.

Solana's rise amid the popularity of the TRUMP meme coin indicates significant shifts in the cryptocurrency industry. It remains to be seen how these changes will affect the market in the long term.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Glamsterdam Upgrade to Influence Future Hegota Features

chest

The upcoming Glamsterdam upgrade will include significant features that may influence the Hegota upgrade.

user avatarMaria Gutierrez

Ethereum Developers Select Hegota for Upcoming 2026 Upgrade

chest

Ethereum core contributors have selected Hegota as the name for the blockchain's second major upgrade in 2026, following Glamsterdam.

user avatarDavid Robinson

Rising Household Debt and Credit Reporting Challenges in 2025

chest

As of February 2025, total household debt in the United States has escalated to a staggering 1804 trillion, complicating consumer credit management and influencing financial mobility.

user avatarAndrew Smith

Rising Bitcoin Losses Signal Market Frustration

chest

The number of Bitcoin investors selling at a loss is rising, with daily realized losses reaching 300 million, indicating market frustration.

user avatarJacob Williams

The Complexities of Late Payment Removal in Credit Reporting

chest

The removal of late payments from credit reports in 2025 is a complex process that requires understanding of the Fair Credit Reporting Act and effective negotiation strategies.

user avatarZainab Kamara

DeepSnitch AI Targets 50x Profits with Live Utility Launch

chest

DeepSnitch AI has raised over $900,000 and launched operational tools, targeting a 50x profit for investors in the crypto market.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.