Solana's CEO criticized the growing trend of memecoins and NFTs, referring to them as "digital slop" that dilutes the value of more serious blockchain projects. He emphasized the need for higher quality applications in the cryptocurrency space to attract sustainable investment and innovation.

American Express has launched Ethereum-based digital travel stamps designed to commemorate travel experiences, which are minted as valueless NFTs on Coinbase's Base network. These tokens, collected when using Amex cards, aim to enrich the travel experience without functioning as tradable assets or loyalty points. The new travel app also offers various tools and upgrades for travelers.