6 months ago
Solana's web enactment lit up connected Tuesday arsenic the Pudgy Penguins NFT task debuted its autochthonal token, PENGU, connected the programmable blockchain.
The furniture 1 blockchain, considered a inexpensive alternate to Ethereum, registered a full transaction tally of 66.9 million, the highest since its inception successful 2020, according to information root Artemis. To item however engaged it was, Solana's transaction number eclipsed the full of each different large chains combined.
Solana besides led different blockchains successful presumption of regular decentralized speech trading measurement and regular progressive addresses but lagged Base, Ethereum and Tron successful the stablecoin transportation volume.
Since the dawn of the ongoing crypto bull tally successful aboriginal 2024, Solana has been a go-to blockchain for retail investors looking to marque a speedy subordinate from memecoins, NFTs and different smaller tokens.
Tuesday was nary different, arsenic holders of archetypal Pudgy Penguins, Lil Pudgys, Rogs, and Soul Bound Tokens (SBT) lined up for the PENGU airdrop, which began astatine 08:00 ET. The task reported implicit 100,000 claims successful the archetypal hr with implicit 4.7 cardinal website views.
PENGU debuted astatine a marketplace headdress of $2.3 cardinal but has since seen the worth driblet to $2 billion, according to information from Coingecko.
Solana's SOL token roseate 3.2% to $229 connected Tuesday, pursuing the marketplace person bitcoin higher. However, the token has struggled to support the momentum going today, receding to $217, apt representing caution up of the Fed complaint decision.
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