Of Solana’s 4.5 million daily active users, 1.5 million participated as unique tippers, reflecting heightened interest in token sniping on platforms like Meteora and Orca.
Validators on Solana earned a record-breaking 100,000 SOL, approximately $25.8 million, in fees and tips during the frenzied trading of TRUMP and MELANIA tokens. The peak occurred on January 20, when TRUMP’s rally generated over 87,000 SOL in fees before MELANIA attracted attention, fueling additional activity.
This surge resulted in 24.7 million transaction bundles, collections of transactions sent to validators with added fees (tips) to prioritize processing. These bundles incentivized validators, significantly boosting their rewards.
The trading spike temporarily increased stakers’ passive income to an impressive 7.14% annually, with Solana’s inflation rate dropping below 5%. As of Wednesday morning, TRUMP was trading at $42, reflecting a 25% increase over the past 24 hours, while MELANIA saw slight declines, trading at $4.
