Solana sees declining user activity as memecoin rug pulls erode trust


Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.



Source link

  • Related Posts

    Strategy’s Michael Saylor X Tease Tees Up BTC Buy

    Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes just days…

    Kraken Says ‘Plans’ to Offer BTC Perps to US Institutionals

    Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved…

    Leave a Reply

    Your email address will not be published. Required fields are marked *