
September 1st, 2025
Slerf (SLERF) core developer informed the community that over 50k SOL had been incinerated by mistake, but the team intends to make the presale investors whole again.
Solana has outperformed Ethereum and other Ethereum Virtual Machine (EVM) Layer-2 solutions as regards its 24-hour trading volume.
Solana market cap reaching an all-time high could increase bulls confidence on their way to breaking past the previous price ATH that was set more than two years ago.
BODEN’s surge in value is part of a broader trend of meme coins inspired by prominent figures such as politicians and celebrities.
With the current rally, PEPE has now regained its position as the third largest meme coin, dethroning BONK.
Both partners have rolled out a new crypto smartphone dubbed JamboPhone to make it easy for users in developing nations to access the Aptos blockchain.
BONK’s governing council has passed Revolut’s “Learn and Earn” campaign initiative. The memecoin plans to leverage Revolut’s market presence to expand its user base globally.
While short-term sentiment remains negative, most experts do not see this decline as doom just yet. A recovery in Bitcoin price is expected to increase investors’ confidence in altcoins too.
Solana, like many tokens, saw a price dip in the aftermath of the FTX collapse and the crypto winter but seems to be on the road to recovery.
Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga.
The frenzy began when the Solana network gained more attention, and the Bonk token rallied for several weeks, leading to its listings on major exchanges such as Binance and Coinbase.
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.
Bitcoin holds the losses at $42,000 as investors await the approval of spot Bitcoin ETF which is around the corner. The level of interest in Bitcoin post the ETF approval remains uncertain.
Following a spike in demand, Solana has canceled some orders of Saga mobile phones due to shortages. Demand rose due to the free 30 million BONK tokens that come with the phone.
The price of SOL has continued its upward movement, bearing the $80 level and taking XRP’s position as the fifth-largest crypto.