• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, September 27, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

PENGU Surges While Solana Breaks Records

Pudgy Penguins Soar with a 30% Surge as Solana Activity Reaches Record Levels

Paul Brabus by Paul Brabus
December 26, 2024
in News, Solana
Reading Time: 3 mins read
0
PENGU Surges While Solana Breaks Records
Share on TwitterShare on Facebook

Introduction

The PENGU token from Pudgy Penguins gained 30% recently. At the same time, Solana broke its record for daily blockchain activity. Together, they are creating excitement in the crypto market.

PENGU’s 30% Bounce: What’s Happening?

Pudgy Penguins, a top NFT project, launched its token, PENGU, with a huge airdrop. Over 7 million wallets are eligible to claim tokens. Users have 88 days to collect 23.5% of the total supply, equal to 20.6 billion coins. At launch, it reached a value of $3.5 billion. It quickly peaked at $0.06 before a market correction. The token dropped but soon bounced back, gaining 30% and settling at $0.03. This recovery shows strong interest in the token. Its timing also matches Solana’s rise in blockchain activity, which played a key role in supporting the launch.

Solana Hits All-Time High

On Christmas Eve, Solana set a new record with 66.9 million transactions in one day. This milestone shows the network’s growing popularity and ability to handle high traffic. Meme coins like Bonk, Dogwifhat, and Fartcoin drove much of this activity. These tokens, while playful, bring users to Solana and increase its usage. Solana’s low fees and fast speeds make it perfect for projects needing high transaction volumes. This helps it stay a leader in decentralized finance and NFTs.

How Solana Boosted PENGU

The PENGU airdrop happened during Solana’s busiest period. The blockchain handled millions of transactions, ensuring smooth performance for the token launch. Its 30% surge followed Solana’s record day, linking the two closely. This shows how a strong blockchain supports projects like Pudgy  and helps them grow.

What’s Next for PENGU?

PENGU’s future depends on several things. Solana’s ongoing growth and Pudgy’s community support are key. If it keeps its momentum, it might return to its peak price of $0.06. But the crypto market is always uncertain. While current trends look good, investors should stay cautious. Tokens like it rely on market conditions and strong user interest.

VR Soldiers’ Thoughts

As the VR Soldiers, we see promise in PENGU’s rise and Solana’s record activity. Both show the power of strong networks and community-driven projects. However, the market is unpredictable. Always research before investing. This is not financial advice, but these trends are worth following.

Conclusion

PENGU’s 30% rise and Solana’s record-breaking activity highlight the potential of well-executed projects. These achievements show how collaboration and innovation drive success. While challenges remain, the future for Pudgy and Solana looks bright.

Tags: Blockchain Newscrypto airdropCrypto Marketcryptocurrency growthDecentralized Financememe coinsNFT trendsPENGUPudgy Penguinssolana
Previous Post

SHIB Faces Challenges, Finds Hope

Next Post

NEAR Struggles Amid Selling Pressure

Related Posts

$110M GAIN Hack Rocks Market — Is the Bounce Just a Trap?
Meme Coins

$110M GAIN Hack Rocks Market — Is the Bounce Just a Trap?

September 26, 2025
Crypto Market Tanks as Fed Uncertainty and Shutdown Fears Mount
Market Analysis

Crypto Market Tanks as Fed Uncertainty and Shutdown Fears Mount

September 26, 2025
Gala Games Web3 Gaming Smart Contract Crypto Hack Cybersecurity Law Enforcement 1
Featured

Hacker Loses 542M UXLINK Tokens

September 23, 2025
Featured

Metaplanet Expands Bitcoin Reserves Beyond 25,500 BTC

September 22, 2025
Bitcoin Near $115K: Bull Run or Just a Tired Rally?
Market Analysis

Bitcoin Near $115K: Bull Run or Just a Tired Rally?

September 22, 2025
Solana Market Cap Breaks Records as Price Lags Behind
News

Solana Market Cap Breaks Records as Price Lags Behind

September 21, 2025

Press Releases

Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How
News

Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

by Jordan Avery
September 21, 2025

Ethereum has always been more than just a coin with a ticker. And now, co-founder Vitalik Buterin is doubling down...

Read more
XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

September 10, 2025
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier