Solana-based meme coin deployer Pump.fun has reached $100 million in revenue. Also, due to censorship, Charles Hoskinson plans to build a decentralized social app in Brazil.

Solana-based memecoin deployer Pump.fun has set a new record. It has achieved a revenue of $100 million. The platform started its operation in January

Solana-based meme coin deployer Pump.fun has achieved a new milestone by generating $100 million in revenue. The platform, which enables users to quickly deploy meme coins on the Solana blockchain, began operating in January and has quickly become a hub for meme coin activity on Solana.

Despite the high level of activity on the Solana blockchain, the native SOL token has not seen much benefit. The coin has faced increased selling pressure, causing it to drop below the $140 mark. As SOL continues to trade below the 50-day SMA ($156.13) and 200-day SMA ($147.85), analysts expect further downtrends in the coming days, predicting that Solana could soon retest the $120 support.

In other news, tensions between Brazil's judiciary and social media platform X have escalated, leading to plans by the authorities to block the platform and impose sanctions on those using VPNs. In response to these developments, Cardano founder Charles Hoskinson has announced his intention to build a decentralized social media application in Brazil.

Meanwhile, the highly anticipated Cardano Chang Hard Fork has gone live, moving the blockchain closer to becoming a fully decentralized platform with a DAO. However, the native ADA coin has been trading in the red zone, with the market cap dropping below $12 billion for the first time in over two weeks as the coin retested the $0.330 support and trades below the 50-day SMA ($0.377542).

Among the new Web3 projects garnering attention is Intel Markets (INTL), a multi-blockchain and AI-based exchange that aims to empower both new and experienced traders. The platform integrates today's modern technologies, creating a highly efficient trading platform where traders can benefit from the latest advanced trading technologies, combined with low costs and high performance.

One of the most important features of the platform is the AI trading bot, which has several advantages. It can be useful for traders who want to keep track of the prices and trends, and they can also use it to set possible price targets. Another exciting aspect of Intel Markets is that it is connected to the perpetual futures market, which had an average daily trading volume of $101.9 billion in 2022.

These traders can trade perpetual futures on the platform at any time of the day and night and with high liquidity. Currently, Intel Markets is in its presale stage, and the token value is currently at $0.009. Experts have predicted that this price is going to multiply, giving early holders a return of up to 1,100% in the coming months.

Solana and Cardano crypto holders are showing interest in Intel Markets, which has already generated over $220k in sales. As the platform continues to gain attention, analysts also predict a 100% rise in the price of Intel Markets. At a value of $0.009, INTL is available for purchase on the exchange.

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