PENGU’s market value exceeded US$2.6 billion (currently approximately US$2.625 billion), surpassing BONK (US$2.443 billion) to become the number one meme coin on the Solana blockchain.

BonkDAO plans to destroy 1.69 trillion BONKs, worth about $54.52 million, as part of the community festival event "BURNmas" to increase the scarcity of BONK. The upcoming destruction accounts for nearly 1.8% of the total supply of BONK (about 92.7 trillion). Officials said that these tokens will be destroyed through BonkDAO multi-signature voting in the future.

Dan Morehead, CEO of Pantera Capital, predicts that the next bull cycle in the cryptocurrency market will peak in 2025. In the Bankless podcast, he elaborated on the basis of this prediction: Bitcoin follows a four-year halving cycle, where miner rewards are halved, resulting in a reduction in supply, and historically, Bitcoin prices have risen sharply before and after these events. The last halving occurred in April 2024, and Morehead predicts that Bitcoin will reach its cycle peak in August 2025 based on historical trends.

With the increasing popularity of blockchain technology, the cryptocurrency trading ecosystem is also expanding rapidly. Decentralized exchanges (DEX) have become an important platform for digital asset trading with their advantages of decentralization and transparency. As the market matures, various automated trading tools have emerged...

Starting next year, the U.S. Securities and Exchange Commission (SEC) will temporarily reduce the size of its commissioners while waiting for the Senate to approve the nomination of presidential candidate Donald Trump. During this period, only Republican commissioners Hester Peirce and Mark Uyeda will continue to perform their duties after taking office. According to Peirce, with the departure of SEC Chairman Gary Gensler, the agency's stance on the crypto industry will change significantly.

Pump Science announced on X that the token economics design is complete and that the BIO airdrop will be conducted. Regarding the token economics design: 5% of the future token supply will be distributed to holders of previous tokens (at the time of migration), and those who currently hold more PS tokens (RIF, URO) will receive new tokens in the future; this mechanism will continue as long as there are new issuances (forever). Regarding the BIO airdrop, BIO Protocol will airdrop BIO to holders of URO and RIF, pending governance approval to connect BIO to Solana, and more airdrops are being considered.