Cryptocurrency
Solana vs. Ethereum in 2025: What’s Happening Beyond the Price Struggles

Solana’s average monthly trading volume has climbed sharply so far in 2025, which reflects continued trader interest and liquidity rotation toward the network despite broader market volatility.
According to CoinGecko’s latest report, Solana’s average monthly trading volume increased to $156 billion in 2025, up from $124.4 billion in 2024, a 25.4% year-on-year rise.
By comparison, Ethereum’s average monthly trading volume rose by 9.7% during the same period, from $603.0 billion in 2024 to $661.8 billion in 2025. This data signals that Solana has outpaced Ethereum in trading volume growth so far this year, although the nominal values remain in favor of Ethereum.
Meme Coins Fuel Record Trading Volumes
CoinGecko said that a metric highlighting this trend is the SOL/ETH trading volume ratio, which averaged 0.236 in 2025, up from 0.206 in 2024. This represents a 14.3% increase. The ratio spiked to a high of 0.298 in January 2025, due to a surge in meme coin activity on the Solana network.
That month, the network recorded $239.4 billion in trading volume, boosted by increased trading of tokens such as TRUMP and MELANIA that attracted retail interest and spurred decentralized exchange activity.
Following January’s spike, trading volumes on Solana cooled as meme coin momentum slowed. Despite this, the SOL/ETH volume ratio remained high compared to the previous year, as it stood at 0.219 by June 2025. This essentially indicates that while speculative trading eased, Solana maintained a higher share of overall crypto trading volume, backed by consistent liquidity and active market participation.
Solana Defies Bearish Trend
CoinGecko observed that the surge in Solana’s trading volumes comes even amidst a challenging market backdrop, with both Solana and Ethereum posting double-digit losses in price during the first half of 2025.
SOL’s price declined by over 19% from January to June, while ETH fell by 25% over the same period. However, the divergence in trading volume growth suggests that Solana’s high-speed, low-cost environment continues to attract traders even during market downturns.
Additionally, the Solana network continues to process over 100 million transactions daily and supports an average of 500,000 active wallets. Protocols such as Jupiter and Meteora appear to be driving user engagement and liquidity on the network. As of June 2025, Meteora alone surpassed $750 million in total value locked.
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Cryptocurrency
VeChain Kicksoff $15M StarGate Staking Program After SEC’s Staking Clarity

Layer 1 blockchain platform, VeChain, is set to launch its $15 million StarGate staking program on July 1. The latest rollout is expected to be one of its largest incentive initiatives amid broader industry interest in staking adoption following SEC guidance.
According to the official press release shared with CryptoPotato, the new program arrives days after the SEC clarified that protocol staking does not constitute a securities offering.
$15M StarGate Staking Program
StarGate introduces direct-from-protocol staking on the VeChainThor blockchain, utilizing NFT technology, which enables holders with as few as 10,000 VET to participate while earning higher rewards under the network’s upgraded Weighted Delegated Proof of Stake system.
The program forms a core part of the VeChain Renaissance roadmap, which is the blockchain’s most significant technical overhaul to date, and features enhanced tokenomics, EVM equivalence, and a reworked staking structure. The primary goal of these features is to make VeChainThor more appealing to developers and institutional participants.
In an effort to drive early adoption, the VeChain Foundation has allocated 5.48 billion VTHO tokens, which are valued at approximately $15 million. This will provide a six-month bonus rewards pool that will boost APY for participants who migrate their nodes or stake VET during the program’s initial phase.
Approved staking tiers will range from the Dawn tier, requiring 10,000 VET, to the Mjolnir X tier, requiring 15.6 million VET. The structure also offers higher yields for larger commitments, while smaller holders will still earn rewards within the new system.
VeChain Applauds SEC Ruling on Staking
The launch comes as ETF issuers and banks weigh staking integrations following the SEC’s landmark decision wherein the agency ruled that protocol staking does not constitute a securities offering, and removed registration requirements for solo, self-custodial, and custodial staking. Applying the Howey test, the SEC found that staking rewards stem from participants’ actions, not others’ efforts.
Responding to this clarification, VeChain CEO and Founder, Sunny Lu, said,
“The SEC’s recent guidance validates what we’ve been building toward: a fully compliant, accessible staking model that treats rewards as compensation for network services rather than investment returns. Our innovative approach of leveraging NFTs to represent participation ensures both simplicity for users and full regulatory alignment.”
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Cryptocurrency
Hackers Suck at Trading: The Story of How This Fraudster Lost $7M Trading ETH

An on-chain analytics firm analyzes the losses from a fraudulent wallet.
The beauty of trading on-chain lies in the fact that every transaction is 100% public – that goes for both professional traders, beginners, and, believe it or not – even hackers.
This is the story of a supposed fraudster who lost millions in a bad trade.
Hackers Are Not Savvy Traders
Lookonchain, a popular blockchain analysis firm, noted the activity early this morning on its account on the social media platform X.
The wallet in question, which, according to the analysts is linked to illicit hacking activities, received 12,282 Ethereum (ETH) three months ago, valued at around $23.72 million at that time, and sold it at $1,932 per coin.
Earlier today, the same culprit purchased 4,958 ETH at $2,495, totaling $ 12.37 million.
This results in a de-facto loss of around $6.9 million, as noted by Lookonchain.
It’s Not Just Cybercriminals Out Of Luck
As CryptoPotato reported yesterday, it’s not just bad actors that wind up out of pocket.
We noted two separate instances in which two traders, cumulatively, lost multiple millions on very high-risk, overleveraged trades.
Both were testing their luck with 40x and even 50x leverage, only to see their positions shrink as the markets did not turn in their favor.
One tried one too many times to come on top, and the other one failed to realize a significant profit.
This just goes to show that testing fate can quickly lead to an enormous shortfall, regardless of the trader’s intention and the manner in which the funds used for the transactions were obtained.
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Cryptocurrency
Shiba Inu-Themed Meme Coin Tanks After OKX Says Goodbye: Details

TL;DR
- A popular meme coin within SHIB’s ecosystem nosedived by double digits after OKX withdrew its support.
- Team member LUCIE addressed the panic, urging users to embrace DeFi over centralized platforms and warning that even major exchanges aren’t immune to collapse.
BONE Heads South
Shiba Inu (SHIB) is a meme coin that has evolved into a robust ecosystem over the past few years. One of the most popular tokens within the network is Bone ShibaSwap (BONE).
The asset has not been in its best shape lately, posting a 32% decline on a monthly scale and plunging by 12% in the past 24 hours alone.
The main reason triggering the latest downfall is OKX’s decision to withdraw its support from the meme coin. The well-known cryptocurrency exchange announced that it will delist several digital assets on July 7, with BONE included in the list.
OKX has already suspended deposits involving the token, while withdrawals will be terminated by the end of September.
“We will continue to monitor all listed trading pairs and implement the delisting/hiding mechanism as necessary,” the company concluded.
OKX boasts over 50 million users globally and is among the behemoths in its field. When it withdraws support for a token, it often leads to negative price impacts driven by reduced liquidity, limited access, and potential reputational concerns.
BONE saw the light of day in the summer of 2021 alongside the debut of ShibaSwap – Shiba Inu’s decentralized exchange. It enables holders to vote on development proposals and influence protocol decisions, serves as a reward for liquidity providers, and functions as a gas token for Shibarium. During its early days, its price skyrocketed above $15, while currently, it trades at a mere $0.18.
The Community’s Reaction
One person who gave their two cents on the delisting effort is the X user LUCIE, who serves as Shibarium’s marketing strategist. The team member thinks there’s much panic over two (unnamed) “manipulative” exchanges that have withdrawn their support from the token.
LUCIE said they don’t want to be involved in the drama, putting their trust in DeFi and highlighting its advantages over centralized platforms:
“I trust DeFi. Use good exchanges only to exchange. We’re here to build and embrace DeFi – and simplify it so even beginners can onboard without needing 2FA, KYC, and a blood sample just to get started.”
Shibarium’s executive also noted that SHIB and other cryptocurrencies, like XRP, have faced similar FUD (Fear, Uncertainty, and Doubt) but have survived the backlash over the years. At the same time, LUCIE reminded about the demise of former giants like FTX and WazirX, hinting that centralized exchanges are not immune to another collapse of that type.
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