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Solana’s Wildcard: Pump.fun Sparks DeFi Shake-Up with Creator Payouts

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🌍 Daily Crypto Market Overview
Global Stats:
Cryptocurrencies: 15.37M
Exchanges: 815
Market Cap: $3.32T (-1.44%)
24h Volume: $161.35B (+14.89%)
Bitcoin Dominance: 61.9%
Ethereum Dominance: 9.0%
ETH Gas Price: 2.37 Gwei
Fear & Greed Index: 71 (Greed)
🪙 Top 5 Cryptocurrencies by Market Cap:
Name | Price | 24h Change | Market Cap | 24h Volume |
---|---|---|---|---|
Bitcoin (BTC) | $103,394.69 | +1.02% | $2.05T | $59.10B |
Ethereum (ETH) | $2,481.85 | +2.85% | $299.63B | $27.32B |
Tether (USDT) | $1.00 | +0.01% | $150.07B | $113.12B |
BNB (BNB) | $653.04 | +2.67% | $92.01B | $2.46B |
Solana (SOL) | $173.50 | +1.62% | $90.13B | $5.67B |
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🚀 Trending on DexScan:
SKYAI/USDT – $0.05702 (+27.84%)
TRUMP/USDC – $12.93 (+9.51%)
Fartcoin/SOL – $1.31 (+3.28%)
SKYAI/USDT – $0.05699 (+27.64%)
POPCAT/SOL – $0.5717 (+6.87%)
💹 Market Highlights:
Stablecoins Volume: $113.12B
Coin with highest % change: DEGEN +49.43%
📈 Preview On Today’s News:
- Solana’s Wildcard: Pump.fun Sparks DeFi Shake-Up with Creator Payouts
- Dubai's Crypto Leap: Government Embraces Digital Asset Payments
- Dubai Turns Crypto into Civic Currency
Keep reading below for more!
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Today’s News:
1)
Solana’s Wildcard: Pump.fun Sparks DeFi Shake-Up with Creator Payouts
Pump.fun has introduced a game-changing revenue-sharing model on the Solana blockchain, offering 0.05% in SOL for every trade involving a creator’s memecoin. This bold move incentivizes token creation and could significantly increase trading volume across Solana’s DeFi landscape. The initiative positions Pump.fun as a serious contender against established decentralized exchanges like Raydium, with comparisons being drawn to Uniswap’s early success. If momentum continues, the Solana ecosystem—especially its memecoin niche—could experience accelerated growth and increased investor interest.
Pump.fun now rewards memecoin creators with 0.05% in SOL per trade, driving new token launches and boosting Solana network activity.
The move threatens established DEXs and mirrors Uniswap’s breakout model, potentially reshaping Solana’s DeFi landscape and fueling memecoin mania.
2)
Dubai's Crypto Leap: Government Embraces Digital Asset Payments
Dubai has officially partnered with Crypto.com to enable the payment of government service fees using digital assets, marking a significant step in its push toward a cashless economy. The agreement, signed during the Dubai FinTech Summit on May 12, supports the emirate’s "Dubai Cashless Strategy," which aims to achieve 90% cashless transactions across public and private sectors by next year. The partnership allows residents and businesses to use Crypto.com wallets, with transactions seamlessly converted into Emirati dirhams and deposited into government accounts. While specific assets and services covered remain unspecified, Crypto.com’s president hailed it as a global first, reinforcing Dubai’s leadership in fintech innovation. The announcement also coincided with a surge in Crypto.com's native token, Cronos (CRO).
Dubai’s Department of Finance signed an MoU with Crypto.com to enable digital asset payments for government services, advancing its goal of a 90% cashless economy.
The partnership, unveiled at the Dubai FinTech Summit, includes a secure conversion of crypto payments into Emirati dirhams and triggered a price surge in Crypto.com's CRO token.
3)
Dubai Turns Crypto into Civic Currency
Dubai has taken a bold leap toward a cashless future by partnering with Crypto.com to enable cryptocurrency payments for public services. Announced at the Dubai Fintech Summit, the initiative allows residents and businesses to use stablecoins for paying government fees, which will be instantly converted to local currency through Crypto.com's wallet infrastructure. This move is a key milestone in Dubai’s “Cashless Dubai Strategy,” which aims to make over 90% of all financial transactions digital by 2026. Already operating at 97% digital capacity, the emirate is accelerating its transition with high-level support and a vision to become a global fintech hub. The integration of crypto in real estate—such as the Trump International Hotel and Tower—further underscores Dubai's commitment to mainstreaming digital assets across sectors.
Dubai partners with Crypto.com to enable stablecoin payments for government services, advancing its 2026 goal of a fully digital economy.
Crypto adoption extends to real estate, signaling the city’s intent to lead globally in fintech and blockchain innovation.
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