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Solaxy’s Layer 2 claims on Solana spark questions on necessity, while Pepeto’s rise hints at the next x100 memecoin.

For those who have invested in Solaxy or are thinking about it, here’s something worth seriously considering. Solaxy markets itself as the first Layer 2 built on Solana, and while that sounds bold, ask: does Solana even need it?

Layer 2 solutions make a big impact on Ethereum, where high gas fees and slow transaction speeds hold back usability. But Solana is already known for lightning-fast transactions and ultra-low fees.

Adding another layer to an already efficient system might not bring the same level of improvement. Solaxy could still see short-term gains on hype alone, maybe even a 5x, but when it comes to long-term value, it’s not clear how this tech fills a real need. That raises a bigger question: without solving a clear problem, can Solaxy stay relevant?

A step forward for Solaxy…But questions remain

Everyone’s watching what Solaxy does next , but is it building something people will remember? Recently, the team teamed up with Hyperlane to launch a testnet bridge. This lets users send SOL quickly and safely on a trial version of the network.

They’re building a system that could later connect Solana to Ethereum, making it easier to move assets between blockchains. It’s a solid step forward. But let’s be honest, a testnet is just that: a test. It doesn’t prove long-term impact yet. It’s progress, yes, but it doesn’t have the kind of viral energy that turns a memecoin into a breakout star.

Solaxy still doesn’t have a strong story. And in today’s crypto world, story matters just as much as technology. Solaxy is good, but good alone doesn’t guarantee staying power once the spotlight moves on.

The next Pepe that will spread everywhere: PEPETO

While others are still finding their footing, Pepeto is gaining serious momentum. Early buyers are stacking in before the noise hits, and this might be the memecoin everyone regrets missing in 2025. Let’s see why it checks every box for the next x 100 memecoin:

The untold origin story that crypto can’t stop talking about: PEPE…TO ?

Born from what many say was the original Pepe blueprint, Pepeto steps in with something the market hasn’t seen: purpose. While Pepe went viral, Pepeto brings back what was left behind — a full identity built on Precision, Energy, Power, and Efficiency… and the two missing pieces that change everything : Technology and Optimization. That’s what makes this more than a meme. It’s a comeback.

Behind PEPETO, there’s real tech and real plans

Most memecoins stop at community and jokes. Pepeto, aka God of frogs doesn’t. With its own multi-chain swap (PepetoSwap) being built, a staking system that rewards loyalty, and plans to support real movement between chains like Ethereum and Solana, it’s giving holders more than hope, it’s giving them tools.

Here’s what sets Pepeto apart:

Cross-chain PepetoSwap in development
Early staking rewards to reward long-term holding
A real story with viral potential
Active community rooted in more than memes
A meme coin that’s actually building something useful

Currently at $0.000000130, Tier 1 listing could hit any moment

Crypto whispers are getting louder: a Tier 1 exchange listing could be next for Pepeto. And yet, the token is still priced at just $0.00000013. That’s the kind of number that made early Pepe (same market supply as PEPETO) and Shiba buyers millions. The difference? This time, you’re early.

The price is low, the story is strong, and listing rumors are gaining traction. For those curious, take a look at the website and see what’s being built , this might be an early window before the spotlight arrives.

How to buy Pepeto:

Go to pepeto.io, connect MetaMask or Trust Wallet, and pay with ETH, USDT, or BNB. It’s fast. It’s simple. It’s right now. (With 288% staking rewards).

To learn more about Pepeto, visit the website, Telegram and Instagram.

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Coinbase saw its stock dip on its big day in the S&P 500. It closed at about $263, down from its high. Then came news of a US Justice Department probe into how hackers stole customer data. It’s a sudden turn for the exchange that just replaced Discover Financial Services on the index.

Investigation Underway At DOJ

According to a Bloomberg report, the Justice Department’s criminal division in Washington opened an inquiry into the breach. Investigators want to know how rogue support staff overseas were paid off. They’ll look at the path from initial contact to data theft.

Based on reports, the cyberattack relied on bribing customer service agents. Those insiders then gave criminals the info they needed. The company says no financial accounts were touched. But personal details did end up in the wrong hands.

DOJ probes Coinbase cyberattack involving $20M extortion attempt

The U.S. Department of Justice (DOJ), including its criminal division in Washington, is investigating a cyberattack on @coinbase Exchange in which hackers attempted to extort $20 million to prevent the release of…

— CoinNess Global (@CoinnessGL) May 19, 2025

Reward Offered To Find Exploiters

Coinbase put up a $20 million reward. That matches the amount hackers demanded in blackmail. Users affected by the breach will get full reimbursements, the exchange promised. It’s one way to keep people from pulling out their coins.

Total crypto market cap currently at $3.27 trillion. Chart: TradingView

Lawyers have filed as many as six lawsuits over the compromised data. That includes top execs like Roelof Botha from Sequoia Capital. Even crypto millionaires are hiring bodyguards after their info leaked. Rival platforms Binance and Kraken saw similar insider attacks.

Stock Debut Marred By Regulatory Clouds

It wasn’t all bad news on listing day. Coinbase became the first crypto firm on the S&P 500. Yet the celebration was muted. The stock first tumbled on May 15 when whispers of the breach hit. It only recovered back to $263 by last Friday.

Image: DeFi Planet

Coinbase’s Chief Legal Officer Paul Grewal says they’re working with the SEC, though he doubts the probe should drag on. The agency is still looking into past user‑number disclosures that might have misled investors. Now the DOJ is stepping in over the hack itself.

What Comes Next For Customers And Investors

Folks watching Coinbase will want updates on both fronts. Any criminal charges could bring fines or jail time for those involved. Civil suits could cost the exchange more money. And investor faith may wobble if the story drags on.

Coinbase has moved fast to plug its holes. It says new security steps are in place. But with law firms circling and regulators digging deeper, the next few weeks will be critical.

Featured image from Vecteezy, chart from TradingView

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