The Backpack exchange has reportedly reached over $600 million in daily trading volume within the first few days of its “preseason” launch. However, some have concerns that the majority of these trades appear to come from a single user.

With a $30 million daily transfer volume and connections to over 30 blockchains, Wormhole’s upcoming airdrop of 1.8 billion W tokens is generating buzz. The community eagerly awaits details on eligibility and distribution for this significant event.

The latest outage of the Solana blockchain has led to questions regarding its technical viability to become an epicentre of the Web3 ecosystem.

The Helium Network's native HNT recorded a 500% increase over the year, attributed to its expansion in the decentralized physical infrastructure (DePIN) sector and a bullish trend favoring altcoins such as SOL (Solana), HNT (Helium), MOBILE (Helium Mobile) and IOT (Helium IOT).

Magic Eden is tapping into blockchain interoperability, user loyalty and governance to improve its platform and sustainably grow its user base.

Over 400,000 users have claimed the airdrop, leaving 40% still up for grabs. Despite the high demand, Solana’s network remained stable, indicating that previous challenges have been effectively addressed.

The surge in trading volume signifies the increasing interest of DEX traders in Solana’s ecosystem, which is thriving with new and promising launches.

Extensions offer an innovative blend of privacy, control, and efficiency for business’ tokens, and should make the platform more appealing to enterprise users.