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The Solana ecosystem has shown remarkable performance this year. The 24-hour trading volume on Solana's DEXs frequently surpasses that of Ethereum, and the SOL/ETH exchange rate has steadily risen. Coinbase's recent Q3 earnings report revealed that SOL now accounts for 11% of its trading revenue, highlighting users' strong interest in trading SOL. During this market cycle, it can be advantageous to hold SOL positions. Additionally, holding SOL-based LSTs allows you to earn annualized returns that are denominated in SOL. Bitget has partnered with Solayer, Orca, Save, and Kamino to launch BGSOL, and will work to expand BGSOL's applications. With the support from Bitget, BGSOL currently offers the highest APR among SOL-based LSTs.
- 08:58TokenFi announces the cancellation of a 0.3% token transaction taxGolden Finance reports that after receiving unanimous votes from Floki DAO, TokenFi announced the cancellation of a 0.3% buy/sell tax on its native token TOKEN. The related changes have now taken effect on both Ethereum and BNB Chain networks, with this vote reportedly having a support rate of 100%.
- 08:55The number of addresses on the Solana network is nearly 11.12 million, reaching a historic highOdaily Planet Daily reports that on-chain analyst Ali stated in a post at X, the number of Solana network addresses has risen to about 11.12 million (11.118 million), setting a new historical high.
- 08:49The net supply of Ethereum has increased by 17,653 in the past 7 daysGolden Finance reports, according to Ultrasound.money data, the net supply of Ethereum has increased by 17,653 in the past 7 days. Of this, approximately 18,165 ETH were added to the supply and 511.8 ETH were destroyed through a burning mechanism. The current annual growth rate of supply is 0.764%.