Solana's validators saw a remarkable increase in fees and tips amounting to over 100,000 SOL, equivalent to nearly $25.8 million, primarily due to the trading frenzy surrounding the TRUMP and MELANIA tokens. This surge peaked on January 20, with validators receiving over 87,000 SOL, fueled by the TRUMP token's rally. The trading activity led to a total of 24.7 million transaction bundles, facilitating the processing of numerous trades on the network. Of the 4.5 million daily active users on Solana, 1.5 million engaged as unique tippers, highlighting robust interest in token sniping on platforms like Meteora and Orca. The influx of trading elevated the annual passive income for stakers to 7.14%, while inflation rates dipped below 5%. As of Wednesday morning, the TRUMP token was trading at $42, up 25% over the past 24 hours, while the MELANIA token experienced slight losses at $4.

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