Solana Achieves Record Daily Fees Exceeding $35 Million
Solana blockchain reported its highest daily fees following the launch of Donald Trump's official token, TRUMP. Key points include:
- Daily fees exceeded $35 million and revenue reached at least $14 million over the weekend.
- This activity involved around 6 million active addresses.
- Fees were more than double the $14 million recorded on Nov. 22.
- TRUMP token attracted over $3 billion in trading volume during this period.
- Demand for SOL tokens increased significantly, with trading volumes rising from $3 billion to over $26 billion in 24 hours.
- SOL's price has surged nearly 3,000% since a low of $9 in December 2022.
- Late Sunday, Melania Trump launched her own memecoin, causing TRUMP's value to drop by 50% at one point.
- Phantom reported handling 8 million transactional requests per minute, with over $1.25 billion traded and 10 million transactions completed in 24 hours.
