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- đ Solana Rides the $TRUMP Wave: $40B in 24hrs
đ Solana Rides the $TRUMP Wave: $40B in 24hrs
Plus... Ethereumâs internal war threatens cohesion, Jupiter airdropsâ are you on the list?
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2025 isnât slowing down, and neither are we: memecoins, Twitter wars, and fat airdrops.
Ethereumâs developers are at each otherâs throats (again), debating whether slow and steady still wins the race, while Solana is laughing all the way to $12 billion in TVL, powered byâyou guessed itâmemecoins featuring actual Donald Trump.
Meanwhile, airdrop mania makes its triumphant return on Solanaâs Jupiter DEX, where users are already dumping tokens faster than they can refresh charts.
Prices, you ask?
đ $BTC remains steady, up 0.6% this week, holding at a staggering $105,807 as the king of crypto enjoys a moment of calm.
đ„ $ETH saw a 1.8% dip, cooling off after a bullish period, now at $3,381, while staking remains a key driver of interest.
đ $SOL continues to shine with an 18.6% weekly gain. Growing activity in Solana-based DeFi and NFTs is reigniting enthusiasm.
đ $DOGE barked up another 14.0%, with Elon Muskâs persistent influence still sparking excitement among loyalists.
đ $RAY surged 33.4%, riding Solanaâs wave of revival. As one of Solanaâs core DeFi platforms, $RAY is benefitting from renewed ecosystem momentum.
đ $MSOL climbed 21.1%, showing the demand for Solana staking solutions as investors chase yield.
đ $GT rose 20.3% this week. Gate.ioâs ecosystem is expanding, and $GTâs gains are likely tied to increased exchange activity.
How about that Solana! Some folks are setting their sites on a $1k $SOL by the end of the yearâ what do you think?
The stories for this week:
$ETHâs Twitter Clash: Price vs. Purpose: The community is split, with one side demanding faster transactions and louder leadership (think meme-posting Vitalik 2.0), while others preach âif it ainât broke, donât fix it.â
Solana's Memecoin Power Play: $TRUMP launched, promptly shattered records with wild traction, and boosted Solanaâs TVL by 40% in a week.
700M JUP Tokens Distributed: Solanaâs Jupiter DEX airdropped $550M in JUP tokens across 2M wallets as part of its annual loyalty campaign.
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đ„ The Ethereum Family Feud: Price Pressure and Twitter Drama
Ethereum developers and the community are slugging it out on Crypto Twitter.
The quarrel boils down to two factions.
Side A wants Ethereum to ramp up transaction speeds and install a "wartime" leader to turn up the heat.
Think of someone like Steve Jobs but posting memes.
Side B prefers to keep Ethereum's deliberate, gradual approach under Vitalik Buterin's leadership.
Side Aâs demandsâtransaction speed and a louder, bolder Ethereum Foundationâarenât so much about tech or leadership but about one thing: pumping $ETHâs price.
Price stagnation has frustrated participants who want to see their Ethereum holdings moon like itâs 2021.
But letâs call the fight what it is: optics-driven desperation.
Historically, Ethereum has benefited from its measured roadmap and the trust it builds among users who value consistency.
Turning it into a fast-and-loose PR machine risks unraveling its hard-won credibility.
Unchecked cult-of-personality leadership can workâŠuntil it doesnât.
Just ask the Terra/Luna crowd how that went. Or FTX. Or Celsius. You get the idea.
Ultimately, price stagnation isnât a leadership issue; it's an industry thing.
Bear markets dull us all. If $ETH climbs again (inevitable, many argue), Side A will likely quiet down, side-eye their tweets, and remember why slow and steady wins in crypto.
If not, Ethereum risks splintering like Bitcoin did with its block-size warsâ but will it survive in tact?
The verdict? Ethereum probably doesnât need a meme-loving ringleaderâit needs unwavering focus.
Solana crushed it with memes, but it was an organic community-led effort.
Ethereum, the Boomer equivalent to the Solana Millennial, would come off as too try hard with a top-down meme-directed approach.
And yeah, the fighting does seem absurd when you step back, but itâs still billions of dollars in value at stake.
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đ Solanaâs Trump CardâHow Memecoins Ignited a TVL Surge
Memecoins might be jokes, but $TRUMP is nothing to laugh aboutâ at least not yet.
Its launch triggered Solanaâs total value locked (TVL) to hit an all-time high of $12 billionâa 40% spike in a week.
Still rebounding from FTXâs collapse, Solana flexed its transactional muscle as $TRUMP and $MELANIA memecoins saw wild trading volume.
But $TRUMP didnât just debutâit detonated, scaling a $14.9 billion market cap over 48 hours, briefly outranking established tokens like $SHIB and $TON.
Arguably a highly dilutive play by the Trump powers that be, the hype turned chaotic when the $MELANIA token swiped attention, causing $TRUMP to nosedive almost 50%.
Even after its rebound, $TRUMP sits steady at a $9 billion cap, making it one of the fastest-growing memecoins ever.
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Behind the meme madness lies an industry-critical note: Solanaâs resilience.
This blockchain, criticized for past outages, handled unprecedented trading volumes without breaking a sweat.
Decentralized exchanges and aggregators like Raydium, Orca, and Jupiter also saw major usage influxâ as did the native non-custodial Phantom wallet.
Titans like Ethereum should take notes because scalability under pressure is becoming Solanaâs signature feature.
But meme-fueled surges eventually fade and inflated TVL tied to speculative assets isnât sticky growth.
For Solana, the short-term hype is nice, but the $12 billion should raise eyebrows among builders and venture capitalists about how much TVL comes from core DeFi activity versus memecoin hysteria.
If Solana doesnât follow up on this with actual infrastructure gains, the fire lit by $TRUMP might burn out fast.
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đ€ Whatâs New at CoinCentral: Is Trumpâs Memecoin Actually Legit?
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Memecoins and politics got weirder, and for some, incredibly lucrative.
Late Friday, Trumpâs official X and Truth Social accounts dropped a bombshell: a Solana-based memecoin called $TRUMP. Within hours, the coin was trading in the hundreds of millions, sparking chaos in the crypto world.
Hereâs the twist: Is $TRUMP a legitimate project backed by the Trump organization, or is this an elaborate scam? The evidence leans towards legit, with ties to Trumpâs past NFT ventures and no signs of a hack.
But skeptics point to centralized token ownership and questionable funding sources as potential red flags.
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đȘ Jupiterâs $550M Jupuary Airdrop: Loyalty Paid in JUP
Jupiter, Solanaâs top DEX liquidity aggregator, just gave away the crypto equivalent of Oprahâs âYou get a car!â moment.
Itâs dropping 700 million $JUP tokensâvalued at $550 millionâacross 2 million wallets.
Traders, stakers, and contributors whoâve stuck with the platform took home the loot.
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This isnât Jupiterâs first airdrop; itâs part of an annual series set to run until 2027.
But the strategy highlights an important evolution in token incentive programs.
Airdrops can onboard users, but Jupiter wants retention, not fleeting attention. Splitting rewards over years builds long-term loyalty, a crucial foundation in DeFiâs cutthroat race for users.
The catch? JUPâs price fell 8% shortly after the launch, meaning many recipients decided to dump tokens rather than hold.
However, for Jupiter, the airdrop models loyalty-building over speculative trading. Its âclaim by tiersâ setup nudges volume-heavy traders and stakers towards reengagement with the platform rather than immediate profit-taking.
Annualized airdrops might just be the insurance DeFi projects need in a congested market. Still, the move also risks diluting token value over time. Jupiter must find ways to keep its new $2B market cap increasingly tied to utility rather than hype.
Will it deliver? Check back in January 2027.
For now, the claim page is: https://jupuary.jup.ag/ and can be confirmed on the Phantom wallet guide.
Weâll see you next week!
AM
DISCLAIMER: This newsletter is provided for educational purposes only and does not constitute financial advice. The content herein is not an investment recommendation or a solicitation to buy or sell any financial instruments or assets. Readers are advised to conduct their own research and exercise caution in making any financial decisions.