Solana Blockchain Activity Surges with Memecoin Madness, SOL Price Predicted to Dip Below $160 – What’s Driving the Volatility?

New York, NY – Activity on the Solana blockchain surged significantly, with a notable increase in Unique Active Wallets (UAWs) recorded in the last 24 hours. Decentralized applications such as Jupiter, Raydium, and Magic Eden played a significant role in driving this surge, according to data from DappRadar. The number of UAWs on aggregator Jupiter Exchange saw a remarkable 251% increase, reaching 307,100. Similarly, Raydium experienced an uptick to 285,200 UAWs, while NFT activity also …

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SOL Skyrockets with Jito’s $1.5 Million Daily Fees, Solana Ecosystem Flourishes in DeFi Dawning

Los Angeles, California – The Solana ecosystem has experienced remarkable growth, attracting a wave of users in recent months. This surge in activity can be attributed to the appeal of memecoins within the network. One significant development within the Solana ecosystem is the rise of the Jito protocol. Currently, Jito is generating an impressive $1.5 million in daily fees, outperforming the majority of DeFi protocols. For comparison, established platforms like Lido and Uniswap collected $2.58 …

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