• AI Memecoin Mania & Solana Celebrates New Records

  • Oct 30 2024
  • Length: 31 mins
  • Podcast

AI Memecoin Mania & Solana Celebrates New Records

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  • Summary

  • Join Matt and Nick as they break down payments giant Stripe’s acquisition of Bridge, a stablecoin company. They also talk about Goatseus Maximum (GOAT), Truth Terminal, certain Solana metrics hitting all-time highs, and more.

    Key Takeaways

    1. The crypto market slid last week as all eyes remain on the U.S. presidential election. Solana (SOL) was one of the few exceptions to record a weekly gain.
    2. Stripe's acquisition of stablecoin company Bridge will be looked back on as one of the highlights of 2024. Not only does it help legitimise the crypto industry, it should help accelerate stablecoin growth.
    3. Kraken announced Ink, an Ethereum L2 built on Optimism’s OP Stack. It is expected to go live in early 2025.
    4. Among the other altcoin updates covered: growth in Solana’s metrics and Maker’s disappointing rebrand.
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