Solana

Rapper 50 Cent’s social media accounts, including Twitter and his website, were hacked to promote a Solana-based meme coin named GUNIT. The scam led to a significant increase in the token's value before the accounts were secured. Initial claims suggested the hackers made $300 million, later revised to $3 million. This incident highlights the ongoing risk of celebrity account hacks used for crypto scams.

3iQ, a prominent digital asset manager, has applied to launch a Solana-based exchange-traded product (ETP) in Canada. This move aims to provide investors with easier access to Solana, reflecting the growing interest in the blockchain platform.

Solana's user base has surged past 30 million monthly active addresses, reflecting significant growth and adoption. This milestone coincides with a proposal by 3iQ to launch North America’s first Solana-based ETF on the Toronto Stock Exchange, potentially enhancing Solana's visibility and appeal.

Uncover Solana's potential to surge by 450% in the upcoming crypto bull cycle, paralleling Ethereum's past performances and driven by solid on-chain activity and market interest.