The BackPack Wallet, a self-custodial crypto wallet, today announced a strategic partnership with Orca, a user-friendly DEX platform built on Solana. With this collaboration, the BackPack Wallet leverages Orca’s DEX (decentralized exchange) infrastructure to provide a powerful combination of

Solana DEX upheaval, active market makers (AMM) account for 50% of trading volume, with HumidiFi leading at 65%. Independent DEX is dead, passive AMM needs to integrate with issuance platforms to survive. Raydium and Orca face structural disadvantages, trading at 10-14 times P/S but with declining revenue.

Stablecoin USX Experiences Brief Price Disruption on Solana Network USX, a dollar-pegged stablecoin native to the Solana blockchain, encountered a temporary deviation from its peg on decentralized exchanges early Friday. Heavy selling pressure and limited liquidity on platforms like Orca and

Stablecoin USX Experiences Brief Price Disruption on Solana Network USX, a dollar-pegged stablecoin native to the Solana blockchain, encountered a temporary deviation from its peg on decentralized exchanges early Friday. Heavy selling pressure and limited liquidity on platforms like Orca and

Tokens and coins that moved the most in the last 24 hours: ☀️ 9:00 – Morning Pulse: 5-Day Falling Wedge Reaches Apex – Decision Day – Top Movers of the Day Orca and Kaspa: These cryptocurrencies have been the best performers over the past 24 hours, with Orca posting the most significant

According to Wu, as a result of the suspension of deposits and withdrawals due to the theft incident, Solana-based tokens on Upbit, South Korea's largest exchange, have experienced a big pump, showing significant premiums compared to other major markets. For example, ORCA reached 3,410 KRW, approximately 2.33 USD, with a premium rate exceeding 25%.

HumidiFi has emerged as Solana's largest decentralized exchange, achieving $34 billion in trades. Its dark pool trading model attracts big investors for safer, cost-efficient transactions, surpassing competitors like Raydium and Orca.

On October 13, the crypto market welcomed a phase of warming trends. Influenced by the easing of the China-U.S. trade situation, BTC returned to around 115,000 USD, while ETH remained fluctuating above 4,100 USD. The DeFi zone also warmed up, with the total value locked (TVL) across the network rising to about 15.7086 billion USD, up 6.65% in 24 hours. DEX trading activity continued to be high, with a trading volume of about 24.181 billion USD in 24 hours, with Uniswap, PancakeSwap, and Orca ranking in the top three.

ADA Orca expressed concerns over a decline in unique trading wallets on Cardano, indicating a loss of user interest. Despite attempts to revive engagement, projects like SNEK faced internal disputes, affecting the ecosystem's stability and growth prospects.