A widely followed analyst is leaning bullish on a memecoin in the Solana (SOL) ecosystem amid a rout that has seen the crypto asset lose 72% of its value from the all-time high.

Circle’s bid to push its USD Coin (USDC) to the fore as a leading stablecoin option got a boost following the launch of the coin on the Aptos mainnet network.

Led by early crypto investor and former Dropbox engineer Paul Bohm, Teleport was launched in 2022 when the Decentralized ...