The official TRUMP token on Solana is up nearly 9% on the day, hitting its highest price in more than 24 hours.

Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.

The global cryptocurrency market is currently in a bullish phase, with a 1.68% rise, increasing its total market capitalization to $3.69 trillion. Amid this

Donald Trump has ventured further into the crypto world with the launch of Official Trump (TRUMP), a Solana-based meme coin. Announced just days before his second-term inauguration, the TRUMP token blends meme culture, politics, and blockchain into one eye-catching package.

President Trump and first lady Melania Trump’s new cryptocurrencies have dropped in value after prices surged on Inauguration Day. Named $TRUMP and $MELANIA, the projects are meme coins, a type of

Speaking to reporters on Tuesday, President Donald Trump briefly addressed the TRUMP memecoin, which debuted on January 17, just days before his inauguration. “I don’t know much about it other than I launched it,” Trump remarked. “I heard it was very successful. I haven’t checked.”

The filing comes on the first business day after last Friday's launch of the Trump crypto coin, which quickly grew into a notional value in the billions of dollars.

Ethereum’s cryptocurrency keeps losing ground to rival tokens as it struggles to harness tailwinds created by President Donald Trump’s foray into a highly speculative corner of the digital-assets market.

Trump’s memecoin mania has sent Solana to new all-time highs. Donald Trump launched his official memecoin on Solana on Jan. 17. The token recorded a

Solana reached an all-time high of $294.33 following the launch of a meme coin by President-elect Donald Trump on its blockchain.