BONK DAO is writing a $500,000 check for the venture fund of Colosseum, Solana's new hackathon organizer.

Despite the significant volume, the token is trapped within a price range that remains even after its listing on major centralized exchanges.

Validators called the airdrop a success. "Surprisingly, nothing notable" broke, one operator said.

• Solana price started a strong increase above the $92.00 resistance against the US Dollar.

The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.

In an exciting turn of events, the

The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some.

Data from CoinGeko shows that Solana-bas

The price of Solana (SOL) falls below the moving average lines, but then rises again.