Solana faced a significant setback in 2025, losing $15B due to market manipulation, primarily affecting retail investors. Despite this, it generated over $138M in fees recently, and the upcoming Layer 2 upgrade, Solaxy, aims to enhance scalability and transaction speed, potentially revitalizing the ecosystem. With $23M raised in its presale, Solaxy is positioned to strengthen Solana’s market presence and support its recovery.
about Solana Faces Market Challenges as Solaxy Presale Aims for RecoveryAylo
0 posts last weekNorth Korea’s Lazarus Group Linked to Major Cryptocurrency Hacks and Scams
North Korea’s Lazarus Group is linked to the $1.4 billion hack of Bybit and a series of meme coin scams on Solana’s Pump.fun platform. Following the hack, over $1 million was funneled through various wallets, some associated with previous scams, highlighting ongoing security concerns in the crypto space. Despite the negative impact on Solana’s market activity, analysts suggest that these incidents may prompt stronger security measures in the long run.
about North Korea's Lazarus Group Linked to Major Cryptocurrency Hacks and ScamsLazarus Group Linked to Bybit Hack and Solana Memecoin Scams
The Lazarus Group, linked to the $1.4 billion Bybit hack, is suspected of involvement in recent Solana memecoin scams, including rug pulls on the Pump.fun platform. Onchain investigator ZachXBT revealed that funds from the Bybit hack were funneled into Solana wallets associated with previous scams, highlighting a troubling trend in the blockchain’s security landscape. Despite advanced technology, Solana faces challenges with declining user activity and investor sentiment following significant scams, raising concerns about its future growth.
about Lazarus Group Linked to Bybit Hack and Solana Memecoin ScamsSolana Apps Outperform Ethereum in Revenue and Trading Volumes
Solana is outperforming Ethereum, generating $8.4 million in revenue in 24 hours—ten times more than Ethereum’s $875,613. This surge is driven by retail speculation and high-frequency trading, despite criticisms regarding the accuracy of revenue metrics. While Ethereum maintains dominance in large trades and liquidity pools, Solana’s momentum and potential institutional adoption of its SOL token are noteworthy.
about Solana Apps Outperform Ethereum in Revenue and Trading VolumesSolana Revenue Surpasses Ethereum Amid Memecoin Market Surge
In early 2025, Solana’s applications generated $8.4 million in revenue, outpacing Ethereum’s $875,571 by tenfold, despite a bearish market. This surge, driven by the memecoin boom, highlights Solana’s efficiency in revenue generation, even with a lower total locked value of $9.5 billion compared to Ethereum’s $56.8 billion. The SOL token’s valuation is also rising rapidly, with forecasts predicting a price increase to $520 by the end of 2025.
about Solana Revenue Surpasses Ethereum Amid Memecoin Market SurgeCutoshi Presale Surges as Solana and XRP Show Bullish Potential
Cutoshi (CUTO) presale has surged 106% in value, attracting investors seeking significant returns in the DeFi space. Meanwhile, analysts predict a potential rally for Solana and XRP, with XRP possibly reaching $8 if it breaks key resistance levels. Cutoshi’s innovative DeFi solutions and strong presale momentum position it as a top investment opportunity for 2023.
about Cutoshi Presale Surges as Solana and XRP Show Bullish Potential