May. 15 at 1:58 PM
💠Weekly Solana Update💠
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$SOL easily through your brokerage with The Osprey Solana Trust
$OSOL. ⭐️
➡️Solana Liquidations Highlight Shift To Defi
Over
$47.2M in
$SOL short liquidations occurred onchain, surpassing the
$31.2M on centralized exchanges, per Ranger Finance and Coinglass. The data signals a shift in leveraged trading activity toward DeFi.
🏦Defi Dev Corp Boosts Solana Holdings To 609k Sol
DeFi Development Corp.,
$DFDV acquired 16,447 SOL at an average of
$139.66, totaling ~
$2.3M. The company’s total holdings are now 609,190 SOL, worth ~
$107M, the largest among public firms.
📱Solana App Revenue Hits
$1.27b On Memecoin Trading
Solana's Q1 2025 app revenue jumped 15.5% to
$1.27B, fueled by surging memecoin activity. The
$TRUMP token's explosive debut drove retail speculation and onchain volume, highlighting memecoins' growing impact on network revenue.
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