The launch of Pudgy Penguins’ PENGU token on Solana triggered record activity, with 9 million transactions in a single day, surpassing all other major blockchains combined, alongside leading in DEX trading volume and daily active addresses.
Over 100,000 claims were made during the PENGU airdrop within the first hour, but the token’s value dropped by over 50% within 24 hours.
Solana also led in daily DEX trading volume and daily active addresses, but trailed behind other blockchains in stablecoin transfer volumes.
European investors can now access a new Solana Staking ETP from Bitwise, allowing them to stake SOL and earn rewards through a low-cost and transparent investment vehicle.