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The solara meme pieces have plunged 10 % in the last 24 hours, driven by strong drops for Harold, Top Hat and Butthole Coin, while the memes of the Trump family continued to drop.
Harold plunged more than 37 %, while Hat and Butthole have seen their prices drop more than 31 % and 30 % respectively in the last 24 hours.
Bonk, Fartcoin, WIF and Trump all undergo price reductions
Four of the five main solara pieces have also recorded price reductions in the last 24 hours, only Pudgy Penguins (PEGGU) with the downward trend with a pump of almost 5 %.
Good (Bonk) fell by more than 6 %, while its rival on the canine theme Dogwifhat (WIF), the 5th largest floor coin in terms of market capitalization, underwent a correction of 3 % during the same period.
Likewise, Fartcoin (Fartcoin) fell by more than 15 %, to display the biggest loss over 24 hours in the list of 5 best parts. Official Trump (Trump), recently launched, who stormed the cryptography market with its beginnings just a few days ago, climbed the ladder to become the largest Solana coin. But he could not resist sales pressure either, which resulted in a drop in prices of 15 %.
Melanie Same (Melania) was the largest loser among the 10 largest Solana parts even by market capitalization with a fall of 30 %.
Trump and Melania launch lead to congestion on the Solana network
Solana, with its ultra-rapid speeds and low costs, has become the network of choice for developers of parts even. This is the main reason why the American president’s team decided to deploy their tokens on Solana.
However, Solana has become a victim of its popularity, because new tokens enter the ecosystem daily and all compete for the blockchain calculation power. The situation worsened after the launch of ASSET And Melania, who simultaneously attracted thousands of new investors to the Solana blockchain. Several service providers have undergone delays due to congestion.
We are currently experiencing a massive increase of more than 8,000,000 requests per minute. While we are working to stabilize our platform, transactions may find it difficult to succeed in the first time.
We appreciate your patience 🙏
– Ghost (@ghost) January 19, 2025
SOLAXY (Solx)With its native layer 2 channel, aims to help solve the problem with its first scaling solution focused on Solana. By operating in parallel with the main Solana network, the project will increase the network’s calculation capacity, which will then lead to a higher transaction rate and even lower costs.
Currently in the presale, the project has already raised more than $ 13.6 million.
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