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Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

Solana

Solana is trending amid general crypto market volatility, with discussions focusing on its resilience relative to Bitcoin and Ethereum. The community is also actively debating the emergence of new meme coins on the Solana blockchain, with some users promoting specific projects. There are ongoing discussions around market manipulation and dubious actors within the Solana ecosystem.

Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes tokens, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.  On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in Ether (ETH), which is the native coin of the blockchain. The price of gas can fluctuate from time to time depending on the network demand.

Ethereum

Ethereum is trending amid a broader crypto market downturn, with community members actively discussing potential bottom levels and future catalysts like rate cuts and the Fusaka upgrade. There's also considerable discussion around ETH-related investment vehicles and comparisons to other blockchain technologies. Additionally, users are warning each other about potential scams.

Hedera is a decentralized public network where developers can build secure, fair applications with near real-time consensus. The platform is owned and governed by a council of global innovators including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.   The Hedera Consensus Service (HCS) acts as a trust layer for any application or permissioned network and allows for the creation of an immutable and verifiable log of messages. Application messages are submitted to the Hedera network for consensus, given a trusted timestamp, and fairly ordered. Use HCS to track assets across a supply chain, create auditable logs of events in an advertising platform, or even use it as a decentralized ordering service.

Hedera Hashgraph

Hedera Hashgraph ($HBAR) is trending as the community discusses its potential for real-world applications and enterprise adoption amid rising cryptocurrency interest. Bullish sentiment focuses on accumulation strategies and long-term gains, with community members highlighting Hedera's technology, governance, and growing ecosystem. Some traders are closely watching potential resistance levels and waiting for further upside catalysts.

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized.   Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.  Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency.  For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user.  This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network.  Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost.  In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network.   Prior to Protocol 12, Stellar had a built-in inflation mechanism conceived to allow account holders to collectively direct inflation-generated lumens toward projects built on Stellar.  As the network evolved and grew, it became increasingly clear that inflation wasn’t working as intended — account holders either didn’t set their inflation destination or joined inflation pools to claim the inflation themselves, and the operational costs associated with inflation payments continued to rise — and so a protocol change to disable inflation was proposed, implemented, voted on by validators, and ultimately adopted as part of a network upgrade.  The inflation operation is now deprecated. https://developers.stellar.org/docs/glossary/inflation/

Stellar Lumens

Stellar Lumens is trending as traders discuss a potential breakout and community members share their bullish sentiment. Key talking points include XLM's potential as an ISO coin and speculation around upcoming price movements. Some traders are actively "stacking" XLM while others are wary of potential downsides.

Sanofi engages in the research, production, and distribution of pharmaceutical products. It operates through the Biopharma segment, which comprises commercial operations and research, development and production activities relating to the specialty care, general medicines and vaccines franchises plus support and corporate functions, for all geographical territories. The company was founded in 1973 and is headquartered in Paris, France.

Sanofi - ADR

Sanofi-Aventis

Sanofi's stock is trending amidst discussions of potential acquisitions, particularly Altimmune ($ALT), driven by promising data in obesity and MASH.  The community is actively debating the likelihood of a partnership or buyout, citing connections between the companies and Sanofi's cash reserves. Some are highlighting the potential of competing companies like $GUTS, $TERN, $VKTX, and $IVA, suggesting Sanofi could pursue a broader buying spree in the weight loss and liver disease space.

GIGA is a meme token deployed on the Solana blockchain intended to honor the legend Ernest Khalimov the original “Gigachad”, by utilizing the strength of memes and “Chad” energy.  GIGA is a community run project.

GigaChad

$GIGA is trending as community members highlight its potential within the fitness industry, noting partnerships and the availability of GIGA-branded supplements in major retailers like $WMT. Many allude to its strong community, meme-based branding, and see potential for growth akin to $DOGE. The community is also discussing its association with other tokens such as $WAGMI, $SOL and $SLAP.

Fox Corp. engages in providing television production and broadcasting services. It also provides news under the brands FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and Tubi Media Group. It operates through the following segments: Cable Network Programming, Television, and Other and Corporate. The Cable Network Programming segment refers to the production and licensing of news and sports content distributed primarily through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies and online multi-channel video programming distributors. The Television segment focuses on the acquisition, marketing, and distribution of broadcast network programming. The Other and Corporate segment relates to the FOX Studio Lot, Credible Labs Inc, corporate overhead costs, and intracompany eliminations. The company was founded by Keith Rupert Murdoch on May 3, 2018, and is headquartered in New York, NY.

Fox Corporation - Ordinary Shares - Class B

Fox Corporation - Class B

FOX is trending with discussions ranging from options trading alerts to broader political commentary and media strategy. Community messages touch on topics like partnerships, potential TikTok involvement, and comparisons to competitors. Some users discuss potential strategic shifts or financial impacts related to programming and market positioning.

Pump Mind Virus is a Pure Meme with a long term vision. We are building for the future while making no promises about the present. The project aims to bring the spirit of community memes back to the Solana ecosystem. We do that with engaging content and memes. Culture through community. Viral spread by word of mouth.  And most importantly, by not using the fake hype machine that has come to dominate the meme coin landscape.

PumpMindVirus

PumpMindVirus ($PMV) is trending as the community rallies around its 'infected' narrative and strong culture, emphasizing community engagement and meme creation within the $SOL ecosystem. The community buzz highlights the coin's potential for significant growth and the spreading awareness of its unique 'virus'. Discussions revolve around embracing the 'PumpMindVirus' concept and its impact on traders.

Stonks is the first ever memecoin on the Solana blockchain.   Verifiably deployed in block 71935764 on April 02, 2021 22:10:10 UTC.  On 2024-11-24 members of the community banded together and purchased the website, Twitter, GitHub and developer coins from the original team, making it 100% community owned.  Liquidity has been locked and the community is committed to ensuring the revival of the project

Stonks

Stonks ($STNK) is trending as the first memecoin on Solana, backed by the intellectual property rights to the iconic 'Stonks' meme. Community members highlight its low market cap and potential for significant growth during the anticipated alt season, while others point to its strong community and history as a key differentiator in the memecoin space.

Amplify ETF Trust - Amplify Seymour Cannabis ETF

CNBS is trending amid discussions about potential catalysts for the cannabis sector, including legislative developments and rescheduling possibilities. The community is sharing industry news and analyzing the potential impact of these events on cannabis ETFs. Links to articles and reports are circulating, reflecting broader interest in the sector's future.

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