SOLANA STILL UNDER PRESSURE AFTER TRUMP MEMECOIN LAUNCHES

Summary from the TLDR Crypto newsletter

Solana is under heavy pressure from TRUMP and MELANIA memecoins, which are causing transaction fees to spike and failure rates to double to 40% despite low compute unit utilization. This highlights scalability challenges, likely because of network bandwidth bottlenecks and overestimated app resource needs, with block propagation and signing also affected.