Solana News: Validators Earn Over $25M in Fees from Trump and Melania Memecoins

Solana's validators have experienced a significant surge in activity due to the trading of TRUMP and MELANIA memecoins, resulting in over $25 million in fees. This increased activity has not only boosted passive income for stakers but also positively impacted the network's inflation rates.

Solana Validators Earn Over $25M in Fees from Trump and Melania Memecoins

Solana's validators have seen a significant increase in activity due to the trading of TRUMP and MELANIA memecoins, resulting in over $25 million in fees. This surge in activity not only boosted the passive income for stakers to an annual rate of 7.14% but also caused inflation rates to drop below 5%. The peak of this activity was on January 20, when validators received over 87,000 SOL, largely driven by the TRUMP token's rally before MELANIA attracted bets. This intense trading led to 24.7 million transaction bundles to ensure success. Out of 4.5 million daily active users on Solana, 1.5 million were unique tippers, indicating a strong interest in token sniping on platforms like Meteora and Orca.

Solana’s 14% Drop from All-Time High Fails to Break Bullish Momentum

Solana (SOL) has experienced a 14% drop from its all-time high, but this has not broken its bullish momentum. The cryptocurrency is showing signs of a potential rebound, with the possibility of retesting and exceeding its previous peak. Recent data indicates a resurgence in net inflows into Solana's spot markets, suggesting renewed investor interest. This comes after a day of significant net outflows totaling $137 million. As a result, SOL's price has increased by 9% in the past 24 hours, reflecting growing investor confidence and a shift towards accumulation.

AI Crypto Price Prediction: A Steep Rally Predicted For The Price Of SOL And ELX In 2025

The recent crypto market rally has seen several tokens outshine their competition. In this environment, many traders are looking at which tokens will outshine the rest. For this reason, we have consulted Grok, Elon Musk’s AI model. Based on market trends and recent developments, Grok predicts Stellar growth for both Solana and Elluminex. Thanks to the latest market trends and the developments in their respective ecosystems, the tokens have significant potential. Solana Could Double To $400 Based on the latest trends, Grok predicts that Solana (SOL) is set to both retain its dominance and further expand its capabilities. Latest upgrades such as Firedancer could boost Solana’s scalability, making a case for bullish momentum. What is more, Solana Exchange Traded Fund (ETF) approvals are set.

Memecoin holders shift focus to AI agent tokens for potential high returns

As the cryptocurrency market evolves, memecoin holders are increasingly turning their attention to AI agent tokens, which are predicted to dominate the market in 2025. According to Dragonfly VC, these tokens, which function as autonomous digital entities capable of trading, hiring, and content creation, are expected to overshadow memecoins. The market capitalization for AI agent tokens has already surpassed $13.5 billion, with significant growth observed on platforms like Solana, which has been a hub for memecoins and is now seeing a rise in AI token activity. The article highlights the top three AI agent tokens that are considered strong contenders in this emerging sector.