This week in the #cryptocurrency world, there have been several notable developments:

Solana Network: As of December 25th, the number of active addresses on the #Solana Network for December surpassed 15.6 million, showing an increase of around 50% compared to November and exceeding the 15.2 million in January.

Avalanche Foundation: The Avalanche Foundation announced plans to buy and hold certain #memecoins as part of its "culture catalyst" initiative. The foundation aims to better position #Avalanche to cultivate and support new forms of culture and lifestyle that blockchain technology can enable.

PancakeSwap: The PancakeSwap community approved a proposal to remove 300 million $CAKE tokens from the supply, reducing the maximum supply to a maximum cap of 450 million #CAKE . The updated maximum token supply figures for CAKE are expected to be officially reflected on major like CoinGecko and CoinMarketCap by January 4th.


These updates highlight the ongoing developments and growth in the cryptocurrency space, with a focus on blockchain projects and their native tokens.