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Six Solana-based protocols now have more than $1 billion in TVL, which is a first since Solana started. For the layer-1 blockchain network, DefiLlama data shows that five protocols—Jito, Kamino, Jupiter, Raydium, Marinade, and Sanctum—exceeded $1 billion. As retail adoption increased, crypto community users praised SOL chain features like Blinks
With the new month bringing glad tidings for some, the digital assets community anticipates bullish rallies and god candles. In the midst of investors’ expectations, Uptober faces pressures for significant price actions. However, in the Asian early morning hours, the cryptocurrency market has receded to a mild price dip sending
Bitcoin (BTC) has been through several hurdles over the past month. BTC recently surpassed the $65,000 resistance mark, drawing attention within the crypto market. However, the upward momentum was short-lived as the price dipped to previous lows. The asset opened September by trading at $59K; as days progressed, BTC has
With $3.04 million active addresses per day, Solana is at the top of the list. This statistic sheds light on how active the networks’ users are. The network has gained a lot of attention this year, especially during the meme coin craze, which has increased the number of users. New
Two significant updates, “fixEmptyDID” and “fixPreviousTxnID,” were recently released to the XRP Ledger (XRPL). Some bullish market sentiment was sparked by the recently offered enhancements, which got positive feedback. This is subsequent to the preceding fixAMMv1_1 amendment’s implementation. With the impending debut of the USD-backed stablecoin RLUSD, the Ripple ecosystem
Bitcoin (BTC) has been making a notable comeback this week, peaking at $66,376—an increase of 1.29% against the U.S. dollar on the day and a solid 5% gain over the past week. After nearly two months of consolidation, Bitcoin appears to be entering a more favorable trend. On September 27,
Ethereum whale transactions have surged this week as the price of ETH shows signs of recovery. A notable whale, inactive for four months, made significant moves, cashing out 12,979 ETH valued at $34.3 million. This whale, with a profit of $58.8 million, originally acquired 21,632 ETH from ShapeShift and Poloniex
Cardano (ADA) finds itself at a critical juncture following a impressive 15% price surge over the past week, propelling the cryptocurrency to a two-month high of $0.40. This rally, fueled by broader macroeconomic optimism, has reignited investor enthusiasm. However, as ADA approaches key resistance levels, two crucial factors emerge as
In the theatre of Finance, cryptocurrencies, Bitcoin and Ethereum, are emerging as top performers holding audience attention unfettered. The last 24 hours, saw Bitcoin climb to its crucial resistance level – $65K. Following this, Ethereum broke its $2.5K resistance yet again this week. The altcoin, despite its recent price slump,
The beginning of September was crucial for Bitcoin (BTC) which failed to flaunt notable price movements. BTC has faced difficulty maintaining a rally above the $58K mark. The recent price momentum suggests that the leading cryptocurrency might be on the verge of a brief bullish trend. The bears continue restraining
