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OKX News: Premature Announcement of Standalone Wallet App Causes Confusion

OKX News: Premature Announcement of Standalone Wallet App Causes Confusion

Author:
OKX News
Published:
2025-03-27 15:06:00
24
2

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OKX Developer Announces Standalone Wallet App Too Early

OKX web3 product manager Kyle Chen announced that the platform’s standalone wallet app is now available on Google Store. However, he later realized he had shared the news too early as the app is not yet available in some regions and devices. Chen apologized to users on Mar. 24 and mentioned that his colleagues in the marketing department would scold him for the premature announcement. He did not specify which regions can access the app nor when it will be available for all users.

Solana Poised to Disrupt Ethereum’s DeFi Dominance

The Solana blockchain ecosystem has seen significant growth, particularly in DeFi. Its total value locked (TVL) has surged from $1.4 billion at the beginning of 2024 to $9.3 billion. In January 2025, Solana dominated close to half of the DEX volume, according to OKX. While still a fraction of Ethereum’s $58 billion TVL, these metrics suggest Solana is becoming a formidable competitor.

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