Solana’s co-founder says there the network faces an opportunity to emerge as the leading monolithic chain in web3.

Solana-based memecoins are outperforming the broader crypto markets with daily market cap growth of 12%.

Bitcoin and Ether gained 3%, while Solana soared 8% after U.S. unemployment claims came in above expectations.

‎ Solana Crossroads is a crypto conference hosted in Istanbul, Türkiye that provides the opportunity for collaboration with the brightest minds in Solana. In partnership with Step Finance, we are broadcasting the full 2 day conference live as the exclusive media partner of Solana Crossroads here in Istanbul, Türkiye.

Leveraging the Clone Protocol, users can now trade non-native Solana assets without needing to use bridges.

Solana has steadily deepened ties with Google Cloud since onboarding the company as a validator in November 2022.

The network has been under stress in recent months thanks to spam bots and memecoin trading.

Marginfi launched a loyalty points campaign last July, but its founder recently vowed to block any plans to airdrop tokens to points holders.

Bots and Bitcoin-like mining are behind the current issues.

Today we’re exploring the exciting world of Solana memecoins in three levels of degeneracy. The Solana Ecosystem has captured the imagination of creators and traders around the world with an explosive mix of humor, creativity, and of course speculation. Remember the wild rise of Dogecoin last cycle?