Memecoins
Solana against Memecoin base | Without banks
Solana vs. Basic Memecoin
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NEED TO KNOW
ETH is approaching $4,000
- 4️⃣ ETH is approaching $4,000. After a somewhat muted market response to ETH ETF approvals, the asset is quietly moving towards the key indicator.
- 🙉 JPMorgan doubts Solana ETF. While the Ethereum ETF approval was seen as a potential opening to other assets, a report from JPM suggests that near-term approval is unlikely.
- 🗳️ Trump promises pardon to Ross Ulbricht. In an appeal to the participants of the Libertarian Convention, Trump promised pardon the Silk Road founder on his first day if re-elected.
ANALYSES
Can Base challenge Solana’s Memecoins?
Solana’s return has been the story of this cycle so far, with the network growing on the back of technological improvements, profitable airdrops and, above all, memecoin.
Memecoins have gone from a short-lived, unserious asset class to a forward-thinking alternative to low-float, high-FDV tokens that don’t leave enough profit margin for retail.
Today, the majority of memecoin activity occurs on Solana, although activity continues to migrate to ETH L2s such as Arbitrum and Base. Base has been particularly lively lately. Although Coinbase-incubated L2 promises to become a meme hub, activity on Solana continues to dominate and remain within its ecosystem.
Can Base compete with Solana in the memecoin arena?
In this article we will examine the current state of these platforms, their capital flows and major projects to evaluate what makes Solana the memecoin capital and how Base compares to it.
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LAST POD
Stablecoins and NatSec
Are stablecoins a threat or boon to national security?
Joining us today is former CFTC Chairman Timothy Massad, an Obama-appointed official who helped designate Bitcoin as a commodity over 10 years ago.
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