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Solana co-founder: meme coins are scaring off serious builders

Raj, co-founder of Solana, said in a tweet that meme coins are scaring away serious builders. But he reminds these serious builders that if you are so fragile that you are afraid of young people using permissionless systems to have fun, then you cannot succeed.

Solana network has the highest number of NFT creations in the past 30 days

According to Coin98 Analytics, in the past 30 days, Solana has become the blockchain network with the most NFTs created, with a quantity of 44 million.

Solana’s on-chain DEX transaction volume exceeded US$850 million yesterday, second only to Ethereum for five consecutive days

According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain on April 26 was $1.868 billion, ranking first. In addition, the trading volume of DEX on the Solana blockchain was $856.15 million yesterday, ranking second for 5 consecutive days; the trading volume of DEX on the BSC blockchain was $655.5 million yesterday, ranking third.

Approximately $3.08 billion worth of SOL was transferred from an unknown wallet to an unknown wallet

According to the on-chain data tracking service Whale Alert, around 7:37-7:42 Beijing time, two transfers totaling 22,099,029 SOL were transferred from an unknown wallet to another unknown wallet, worth approximately 3.08 billion US dollars.

Solana Ecosystem NFT Social Platform Only1 Completes $1.3 Million Strategic Financing, Led by Newman Group

Only1, a Solana-based NFT social platform, announced the completion of a $1.3 million strategic financing round led by Newman Group, with participation from Folius Ventures, Modular Capital, PetRock Capital, and angel investors. With this round of financing, the project has raised a total of $4.3 million.

Marinade DAO proposes to distribute 50 million MNDE to Marinade Earn Season 3

The official governance forum shows that Solana staking protocol MarinadeDAO has initiated a new proposal to unlock 50 million MNDE tokens for use in the "Marinade Earn Season 3" reward program. Specifically, the proposal suggests distributing 25 million MNDE tokens through a strategy executed on Solend, which would result in higher profits from looping on MeteoramSOL/SOL compared to the current mSOL pool (such as Solend and Kamino) and other SOLLST, thereby deepening mSOL liquidity in DeFi.

SOL falls below $130

The market shows SOL has fallen below $130 and is now trading at $129.95, with a daily decline of 15.65%. The market is volatile, so please be prepared for risk control.

Solana’s on-chain DEX had a trading volume of $1.234 billion yesterday, second only to Ethereum

According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain was 2.277 billion US dollars on April 15, ranking first. In addition, the trading volume of DEX on the Solana blockchain was 1.234 billion US dollars yesterday, ranking second again; the trading volume of DEX on the BSC blockchain was 1.127 billion US dollars yesterday, ranking third.

SOL fell below 150 USDT, with a 24-hour increase of 7.94%

According to OKX market data, SOL has fallen below 150 USDT and is now trading at 149.8 USDT, with a 24-hour increase of 7.94%.

Solana recommends validators to use v1.17.31 to alleviate network congestion

Solana Status recommends that Beta validators on the Solana mainnet use version v1.17.31, which includes multiple enhancements aimed at helping to alleviate the current congestion issues on the network.