dewi
@dewimagfirah
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Solana’s Meteora Faces $69M Lawsuit, Yet Stablecoin Outlook Shines
Solana is making headlines for both challenges and opportunities. On May 5, 2025, posts on X reported that Solana’s Meteora platform is facing a $69M lawsuit over alleged insider manipulation, raising concerns about governance in its ecosystem. Despite this, Solana patched a zero-day vulnerability in its token minting process, reinforcing its technical resilience. Meanwhile, experts predict stablecoins could be the next big driver for Solana, as the memecoin frenzy cools. Solana’s low transaction costs (under $0.001) and high throughput make it ideal for stablecoin adoption. With a potential Solana ETF approval looming, the platform’s price could range from $122 to $490 in 2025, with a stretched target of $590. Solana’s dominance in decentralized exchange trades (39.6% in Q1 2025) further underscores its growing influence, though legal and market volatility risks remain. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction