Memecoin mania isn’t dead yet, but it just might be on life support.

Proposal authors call the defeat a “victory” regardless of the outcome.

ETH and XRP gained 3%, while SOL surged 7%.

Escalating trade tensions and inflation concerns fueled a sell-off triggering $731 million in liquidations.

The chain’s revenue has taken a huge hit following the memecoin cycle’s cooldown.

Liquidations surpass $667 million as macroeconomic uncertainty fuels a sell-off across global markets.

SIMD-0228 proposes to update Solana’s fixed inflation mechanism to a dynamic, market-driven model.

The Solana token launchpad just had its slowest day in six months amid a cratering memecoin market.

Market volatility persists as Bitcoin and other major cryptos swing between gains and losses before the event.

Base builders have claimed that the flashblocks update makes it 2x faster than Solana.