U.S. EIA Crude Oil Inventories for the week ending May 16

The Solana ecosystem has intensified the attention of investors who have turned their eyes on it in 2024 with the launch of new tokens. During this period, major tokens such as Marinade (MNDE), Raydium (RAY), and Jupiter (JUP) attracted attention, recording strong trades using Solana's layer-1 infrastructure. According to data from DefiLlama, this growth in the Solana ecosystem is noticeable. With tokens such as Marinade (MNDE), Raydium (RAY), and Jupiter (JUP), the total value locked (TVL) has risen to $4.17 billion, an impressive increase since the beginning of the year. This represents almost three times the initial TVL of $1.53 billion#HotTopicDiscussion#

Original author: Xiyou, ChainCatcher Original editor: Marco, ChainCatcher Since the market value of the MEME token BOME (Book of Meme) hit a record of over 2 billion US dollars in 3 days, "Issuing MEME tokens in Solana and recharging SOL to unknown addresses" has become a new trend. The huge benefit effect has completely revolutionized the crypto community users. Fomo, it is no longer novel to find an unknown address and easily raise millions or even tens of millions of dollars worth of SOL within a few hours. The wealth effect of MEME currency has brought huge traffic and attention to Solana, and attracted a group of foreign applications to the Solana ecosystem. On March 15, the NFT card game Parallel was announced.

Author: Algo Rhythmic Translation: vernacular blockchain My goal is to provide a comprehensive introduction to Solana liquid staking mining. I want everyone to understand not only what liquid staking mining is and how to do it, but also why you should do it. What makes a person wake up in the morning and say to himself: "Today I am going to mine my SOL for liquid staking? Come on, join me and I will take you into a whole new world." I also tried to structure this rather long article so that you can skip certain parts if you are already familiar with the topic Note: This article is for scientific purposes only, not investment advice. 1. Staking on Solana Before we talk directly about Liquid Staking, let’s first understand regular staking. in like

The Franklin Templeton report highlights the valuation gap between DeFi tokens on Solana and Ethereum, attributing it to Solana's faster growth and revenue generation. Solana projects show strong growth potential compared to Ethereum, but are currently undervalued, presenting an opportunity for investors.

Comparison between Ethereum and Solana in the DeFi sector. Solana gaining attention for its profitability and Ethereum's dominance in DeFi facing challenges. Solana's DeFi tokens undervalued compared to Ethereum. Shift towards Solana DeFi protocols predicted. Concerns over Solana ecosystem stability slowly diminishing. Market potential for Solana DeFi protocols to reach Ethereum's prices. Predictions suggest Solana surpassing Ethereum by 2025 with a 3000% increase in SOL price by 2030.