Solana bot’s $1.4B volume amid fake liquidity
@Bitquery says one wallet used about $12,000 to generate $1.4 billion in suspected wash trades on @Raydium, casting doubt on displayed volume and liquidity. #Update #DeFi $RAY
@Bitquery says one wallet used about $12,000 to generate $1.4 billion in suspected wash trades on @Raydium, casting doubt on displayed volume and liquidity. #Update #DeFi $RAY
@DriftProtocol has opened claims for its DFX recovery token, allowing victims of an April exploit to redeem USDT at approximately 1.04% of verified losses until Jan. 1, 2028. #Update #Crypto $USDT
Quant’s QNT token is now available on Solana through Sunrise and Raydium, expanding cross-chain market access without leaving Ethereum. #Update #DeFi $SOL
@RaydiumProtocol ($RAY) has surged over 62% in less than six days, breaking above the $6.5 mark and reaching multi-year highs, signaling strong bullish momentum in the decentralized exchange market. #Update #Crypto $RAY (+7) ↗
Prominent analytics firm @santimentfeed reports a surge in new wallet creations for low-cap altcoins, with AI-related project IQ.wiki ($IQ) leading at 2,500% growth, followed by CARV ($CARV), Frax ($FRAX), and Safe ($SAFE). #Update #Crypto $IQ (+6) ↗
Solana has overtaken Ethereum in trading volume for the first time, recording $10.98 billion over the past week and capturing 34.8% of the DEX market, signifying a major shift in the DeFi landscape.