The president of the United States announced a Crypto Strategic Reserve with Ripple, Solana and Cardano tokens along with Bitcoin and Ethereum. Following the announcement of a somewhat controversial list of digital assets, the market quickly cooled.

Solana’s DEXes hit record trading volumes as the network faces challenges with transaction failures.

Meme-coin trading accounted for 65% of November's volume as Pump.fun's automated system, while post-election speculation fueled record activity on Solana's leading exchange.

Despite his role at Consensus, Max Resnick has been vocal on crypto Twitter, criticizing Ethereum’s scaling roadmap for lacking ambition and suggesting that the platform has taken the wrong path.

With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.

The project seeks to bridge the gap between the two leading smart contract blockchains and develop a network that integrates the advantages of both Ethereum and Solana.

Network activity continues to be driven by memecoin traders, as a growing number of users seem to be embracing the memecoin craze.

The exchange aims to strengthen its market position by tapping into the extensive network of Solana traders.