Despite criticism for several network outages, Solana [SOL] has remained unfazed as it continues to improve its technology. According to Step Data Insights, there has been a huge increase of 150,000 daily active addresses on Solana in the last 24 hours. Furthermore, the entire DEX volume on Solana surged as a result of popular DEXs’ interest in the Solana protocol, such as Sabre. According to Staking Rewards, the number of addresses staking Solana grew by 2.99% in the last week. At the time of publication, the total number of stakeholder on the Solana network was 608,394. Addresses, on the other hand, did not show the same enthusiasm when it came to purchasing SOL. Solana’s price has dropped by 16.08% since April 17th after testing the $26.03 resistance level. Its Relative Strength Index (RSI) was 48.40, indicating that Solana was somewhat overbought at the time of publication. News Sorce

Ethereum, the second-largest cryptocurrency by market capitalization, is once again approaching the $2,000 price threshold. It is currently trading at $1,981.32, representing a 5.7% increase in price and a 24-hour trading volume of more than $10 billion. The current memecoin season, which is taking place on the Ethereum mainnet, is causing fuel fees to grow, resulting in more ETH being burned. Open interest (OI) in ETH is also increasing significantly, with Binance holding the most with 1.27 million, accounting for 37.19% of total open interest. This growth in OI indicates that an increasing number of investors are speculating on Ethereum’s future price swings, adding to the current market’s positive sentiment. News Sorce

Sushi is the first decentralized exchange to take advantage of the expiration of Uniswap V3’s Business Source License, introducing concentrated liquidity features over 13 chains and a redesigned user experience on each of the 20 networks. Sui, a Layer-1 blockchain created by ex-Meta personnel, has launched its mainnet, and its governance token is currently selling at $1.30. Sui has raised $300 million, and Alibaba Cloud has struck an agreement with Mysten Labs to assist build the Sui ecosystem. News Sorce