Five facts about $SNEK most people get wrong.
It's not just a memecoin.
1. $SNEK is the most traded token on the entire Cardano blockchain. Not the most traded memecoin, but the most traded token, period.
2. Launched during the deepest bear market of the cycle (April 2023, BTC at $28K), $SNEK built its community without hype, without VC funding, and without a single token reserved for the founding team.
3. The SNEK Army is integrated into 60+ Cardano dApps. The token isn't a passenger, it's wired into the ecosystem's actual usage.
4. 16% of all Cardano trading volume goes through $SNEK. That's not a small slice of a side market, that's the largest token by daily volume on a top-10 chain.
5. Cardano's IO (the chain's main development org) partnered with $SNEK in 2025 to revive ecosystem activity. The native chain leadership endorsed the native memecoin.
On https://t.co/tENlDZyZmC:
→ Trade $SNEK against 100+ pairs in crypto and fiat
→ Onramp and offramp with PayPal, Credit Cards, and Bank Transfers
→ Earn current 4.5% APY just for holding through Savings Rewards
→ Borrow against your $SNEK at up to 90% LTV when you want cash without selling
The memecoin that became the chain's most traded asset.
Breaking news.
Binance and Coinbase is now reporting as hard fork ready for the upcoming Van Rossem hard fork.
More infrastructure moving into position, and Cardano continues to prepare properly.
Here we go, Cardano.
Took the weekend to think about the path forward and the team and I have come to a simple conclusion:
We aren't ready to give up on Cardano.
My post went viral and I had people from all chains and walks of life reaching out. My DMs were crazy. Most very positive. Some of it, madly inspiring.
The main take away though was that people still believe in us, and Cardano.
Huge thank you to everyone who reached out. We had multiple parties volunteer to front the 100k ADA for the direct treasury proposal.
This is the Cardano I invested my life into. The Cardano of old, where people had each others backs and we were unified. I felt that again this weekend.
This community is undeniable. Let's lock in our direction and find something we can all get excited about again.
I ain't hear no bell 😤 Updated proposal dropping Soon™
UPDATE
FREDERIK GREGAARD UNVEILS NEW GROWTH STRATEGY 😱😱😱
The @Cardano_CF says it is taking a more active role in driving adoption and ecosystem growth.
CEO @F_Gregaard says the focus is no longer just enabling adoption, but generating real on-chain activity and transactions.
The Foundation is reportedly seeding DeFi liquidity, supporting an $80 million venture fund, and expanding enterprise partnerships as it pushes for stronger ecosystem growth amid governance debates and slowing on-chain activity
$ADA may be down but the Cardano ecosystem is very much alive🤯
In the past 4 days we have seen a big increase in daily volume mainly driven by $NIGHT $STRIKE $SNEK and Stablecoins🔥
It breaks our hearts to see our friends from @TapTools having to shut down.
We hope that it is just temporary and a long term solution is found by our amazing Cardano Community.
In the meantime we have updated our homepage to help everyone in their trading journey🫡
@TapTools This is tough to read. I'm sorry you had to write it and that it has come to this. Too much to write, but want to say thanks to all the TapTools team.
If there is something that can change this outcome, I hope it happens, fast.
@TapTools Hey @TapTools I understand your running costs are prohibitive is there anywhere where I can learn more about the platform? Do you have an architectural diagram?
I'm a SPO, DevOps/Engineer at @Cardano_CF and I would love to support/take over whatever.
TapTools just can't die.