Tag: crypto market

Pudgy Penguins' PENGU Token Rides Meme Wave, Gains Traction in Crypto Market

Pudgy Penguins' PENGU Token Rides Meme Wave, Gains Traction in Crypto Market

Pudgy Penguins’ PENGU token is one of the hottest tokens hitting the cryptocurrency market, combining the popular meme culture with its NFT origins. PENGU originally launched in 2021 as an NFT project but has since pivoted into a memecoin. Its lofty but whimsical vision is now turning heads among investors...

US Senate Eyes Crypto Market Structure Bill Following GENIUS Act Passage

US Senate Eyes Crypto Market Structure Bill Following GENIUS Act Passage

The US Senate is considering a comprehensive crypto market structure bill, spurred by the recent passage of the GENIUS Act and growing calls for regulatory clarity. Senator Cynthia Lummis is a passionate supporter of the bill. She asserts that the US is falling behind other countries in incorporating digital assets...

Solana Activity Soars as Network Usage and Whale Transactions Surge

Solana Activity Soars as Network Usage and Whale Transactions Surge

DeFi on Solana is exploding amid high network activity. Active addresses, transaction volumes, and decentralized exchange (DEX) usage are all booming. The network crossed 29 million daily active addresses (up 17%) – more than all other blockchain networks combined with a staggering 374 million daily transactions. This increased activity has...