The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins

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The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins
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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

Eyes are now turning to Bitcoin's next quadrennial halving. There's also plenty of gawking at the meme coin frenzy on Solana. regarding what he thinks of meme coin traders, and why he welcomes the latest episode of congestion as a network stress test.Dencun postscript: Which Ethereum layer-2 network is seeing the cheapest fees?and powering up older models, incentivized by this year's BTC price runup to a new all-time high around $74,000.

Hordes of"degens" – the accepted jargon for crypto traders who are, well, really into it – have flocked to Solana, chasing the trend. Mature observers might call it a display of some of the crypto industry's worst excesses, morphing the Solana ecosystem into a carnival of scams, schemes

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