Solana News Today: V2EX Token Market Cap Surpasses $20 Million Amid Solana Integration

Generated by AI AgentCoin World
Friday, Aug 8, 2025 1:20 am ET1min read
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Aime RobotAime Summary

- Solana-based $V2EX token hits $21.6M market cap, surpassing $20M milestone as of August 8.

- Migration to external exchange enabled Solana wallet login, addressing user demand for on-chain visibility.

- Founder Livid plans deeper integration with V2EX platform, including token-based tipping and feature access.

- 75% of $V2EX supply remains unsold, supporting value appreciation through controlled circulation strategy.

- Growth highlights Solana's rising adoption for community-driven tokens with clear utility in online platforms.

The token $V2EX, built on the

Solana
blockchain, has achieved a significant milestone with its market capitalization surpassing $20 million, reaching an all-time high of $21.6 million as of August 8, according to GMGN data [1]. The token has also recorded a 24-hour trading volume of $430,000, signaling increased interest and activity in the market.

The token was initially launched nine months ago as part of an experiment with the product Pump.fun. The decision to move the token to an external exchange was driven by the need to support Solana wallet login functionality on the V2EX website, which was introduced to meet user demand for on-chain address visibility [1]. This change inadvertently caused the internal exchange to reach capacity, prompting the transition.

Livid, the founder of the Chinese programmer community V2EX, previously mentioned plans for deeper integration between the $V2EX token and the V2EX platform. This includes enabling users who have logged in via Solana or bonded accounts to use stablecoins or $V2EX tokens for tipping interactions [1]. Additionally, some advanced features on the platform may require users to hold $V2EX tokens, further aligning token utility with platform usage.

Currently, around 75% of the total supply of $V2EX remains held and unsold, while the remaining 25% circulates in the market [1]. This controlled release strategy may be contributing to the token’s appreciation in value, as circulating supply remains relatively low compared to total supply.

The recent market cap surge highlights the growing adoption of Solana-based tokens, particularly those with clear utility and community-driven use cases. As more developers and platforms explore tokenization on Solana, tokens like $V2EX may serve as a model for integrating blockchain functionality into traditional online communities.

Source: [1] Solana-based Token V2EX Market Cap Surpasses $20 Million, Reaching an All-Time High (https://www.theblockbeats.info/en/flash/306441)