The INX Digital Company announced the listing of Solana (SOL), TRUMP, and MELANIA meme coins on its regulated trading platform INX.One.
By Bhushan Akolkar
Edited by Julia Sakovich
Updated
3 mins read
The INX Digital Company, a regulated marketplace for trading crypto assets announced the listing of Solana SOL $142.2 24h volatility: 2.5% Market cap: $72.77 B Vol. 24h: $3.95 B on its platform along with meme coins TRUMP TRUMP $11.49 24h volatility: 1.2% Market cap: $2.30 B Vol. 24h: $419.90 M and MELANIA MELANIA $0.67 24h volatility: 1.1% Market cap: $100.77 M Vol. 24h: $17.44 M , three of the most highly traded altcoins this month. The Solana-based meme coins along with the SOL crypto will trade on INX.One, the world’s first full-integrated all-in-one platform for trading digital assets, security tokens, and tokenized real-world assets (RWAs).
The Solana blockchain has gained major traction over the last year with its low-cost transactions and high speed. Earlier the preferred choice for DeFi platforms, the Solana network is now becoming the go-to choice for launching other projects like meme coins, Web3, and NFTs.
In 2024, the Solana network witnessed massive meme coin activity, leaving behind in Layer-1 competitor on several on-chain metrics. Solana’s popularity has surged to a scale wherein several asset managers are running to seek approval for spot Solana ETF from the US Securities and Exchange Commission (SEC).
Thus, the listing of Solana (SOL) further solidifies the platform’s commitment to offering fully regulated, top-tier cryptocurrencies with a proven track record. The inclusion of Solana also gives investors access to a reliable and high-performing blockchain asset within a secure and trusted marketplace. Speaking on the development, Shy Datika, INX’s CEO, said:
“Solana is a cornerstone of blockchain innovation, and we’re proud to bring its capabilities to our regulated marketplace. The addition of TRUMP and MELANIA alongside Solana reflects INX’s ability to cater to diverse investor interests while maintaining our commitment to security and compliance. INX.One is shaping the future of digital trading by offering opportunities that bridge traditional finance and blockchain technology.”
Earlier this month during Donald Trump’s inauguration ceremony, the Trump family unveiled TRUMP and MELANIA meme coins that quickly rose to ranks among the top meme coins. currently, the Official TRUMP (TRUMP) meme coin is the third-largest crypto in the sector after Dogecoin (DOGE) and Shiba Inu (SHIB). At one point, its market cap surged to $14.54 billion.
Being Donald Trump’s official meme coin, this crypto has witnessed high trading activity since its launch. In fact, TRUMP sucked major liquidity during launch causing other altcoins to collapse. Since its launch 10 days ago, TRUMP has experienced remarkable activity, surpassing $38 billion USD in trading volume. Thus, the listing on the INX exchange allows traders to engage with it in a regulated environment.
Traders on INX.One can sell TRUMP and use the proceeds to acquire other supported assets, including cryptocurrencies, stablecoins, or real-world assets like NVIDIA and PAX Gold (PAXG). Though the process may require several steps, INX provides a secure and compliant platform, enabling users to manage their portfolios efficiently within a regulated environment.
Furthermore, the INX exchange will also list the Solana-based MELANIA meme coin, launched by First Lady Melania Trump. This meme coin has also witnessed strong trading activity and will be available to trade in a regulated environment via INX.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
