President-elect Donald Trump's inauguration celebration started early this weekend with the release of the TRUMP and MELANIA memecoins, and resulting demand that drove their combined market cap to a … [+3074 chars]

Capital flowing out of existing memecoins spurred TRUMP's rise, now the money is going the other way.

CoinDesk

Don't Be Fooled by Trump-Family Memecoins, the Sell-Off Has Begun

The "official" memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn helped the total dollar va… [+3047 chars]

The launch of Donald Trump’s official memecoin on Solana has not only boosted the cryptocurrency’s price and trading volume, but also perceived odds of a SOL ETF.

Solana’s TVL Crosses $10B for First Time Since FTX Collapse After TRUMP Memecoin Launch

Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week.
A CoinDesk analysi… [+2876 chars]

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

Bearish trading in bitcoin (BTC) markets continued late Monday as the asset briefly fell under $92,000 on profit-taking despite another mammoth MicroStrategy purchase, recovering to just over $92,800… [+2824 chars]

The broad-based CoinDesk 20 (CD20), an index tracking the largest tokens by market capitalization, minus stablecoins, lost 2.7% in the past 24 hours.

Don't Expect Bitcoin Fireworks Ahead of New Year, Traders Say, as BTC ETFs Lose $420M

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. 
In this weeks issue of the Protocol newsletter:
<ul><li>Trumps crypto team</li>… [+6827 chars]

Also in this issue: Aptos Labs' leadership shift and Sonic's airdrop to TikTok users.

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