According to @phantom, the $WCT token by WalletConnect Network is set to launch on the Solana blockchain, with Phantom wallet users being eligible for upcoming rewards. This move signals increased interoperability between WalletConnect and Solana, potentially driving higher trading volumes and liquidity for $WCT on Solana-based decentralized exchanges. Traders should monitor official channels for further details on eligibility and reward structures, as these incentives may impact short-term price action and user activity. (Source: @phantom)

According to Lookonchain, two newly created wallets, likely controlled by the same whale, bridged 4.41 million USDC to the Solana blockchain and purchased 2.74 million Fartcoin at an average price of $1.61 per token, totaling $4.41 million today (source: Lookonchain, May 23, 2025). This substantial transaction highlights growing whale interest in Fartcoin and Solana-based meme tokens, which could increase short-term volatility and liquidity on Solana DEXs. Traders should monitor Fartcoin price action and Solana network activity, as large whale buys often precede either sharp rallies or profit-taking events (source: solscan.io/account/AXqTNS..., solscan.io/account/3fuccc...).

According to @cas_abbe, BNB Chain decentralized exchange (DEX) volume surged to $4.189 billion over the past 24 hours, overtaking Solana's DEX volume of $3.37 billion (Source: Twitter/@cas_abbe, May 17, 2025). This notable increase in BNB Chain trading activity highlights a shift in DEX trading dominance and suggests growing user preference for the BNB ecosystem. The data signals potential market share changes among decentralized platforms, prompting traders to monitor BNB Chain tokens and liquidity pools for short-term trading opportunities and volatility. The rising DEX volumes also reflect increased on-chain activity, which may impact transaction fees and token valuations across the broader crypto market.

According to sns.sol (@sns), approximately 1.5 billion $SNS tokens will be airdropped to around 275,000 wallets that held at least one .sol domain at the time of the snapshot. An additional 500 million tokens will be allocated to ecosystem partners to further grow and support the Solana Name Service (SNS) community. This large-scale airdrop is expected to increase $SNS token liquidity and drive trading activity on Solana-based decentralized exchanges, potentially impacting the broader Solana ecosystem and related crypto markets. Source: @sns (May 7, 2025).

According to Ai 姨 on Twitter, Binance has officially listed $KMNO on its spot market, but clarified in its announcement that spot trading volume will not count toward Alpha points accumulation (source: Binance Announcement, cited by Ai 姨, May 7, 2025). For traders seeking low-friction alternatives on the Solana network, $POPCAT and $FARTCOIN have emerged as the second and third highest trading volume tokens, with main liquidity pool fees at 0.25% and 0.05% respectively (source: Solana DEX data, cited by Ai 姨). This update is critical for volume-focused traders targeting Alpha point strategies, as it shifts optimal trading to Solana-based assets with minimized transaction costs.