Recent rumors have suggested that Ripple would file for an initial public offering (IPO) before the end of the year or before 2024. The cryptocurrency industry has lately been interested in rumors that Ripple is contemplating an initial public offering (IPO). But it seems like another crypto behemoth has its
Cardano (ADA) has seen a surge in large investments despite little price movement, according to data from analytics provider IntoTheBlock. Over $600 million worth of ADA has recently been accumulated in the $0.249 to $0.271 price channel. This indicates major investors are taking positions in anticipation of a breakout. An
Solana’s price has risen from $22 in mid-October to roughly $45 in the last week, gaining widespread attention. The remarkable aspect of this uptick is that it overcame the calamitous FTX crash after effects. CoinShares has reported that investors have poured $17.5 million into Ethereum, its highest since August 2022.
Cardano (ADA) has bucked the broader crypto market downturn over the last week, rallying 18%. At press time, ADA was trading at $0.3559, up 2.2% in the last 24 hours. Besides a drop to $0.288 on November 1, the asset has seen a sustained uptrend over the past month, recovering
XRP, a prominent cryptocurrency, has recently surged to a three-month high of $0.7132, with the rally starting in mid-October. Over the past month, XRP has experienced a remarkable 33% increase, and in just the last seven days, it saw a surge of 24%. Market analysts anticipate that this bullish trend
Solana (SOL) is retaining its increasing pace as it surpasses Polygon (MATIC) in daily decentralized exchange (DEX) volume. According to recent statistics compiled by blockchain analytics platform Artemis, Solana now outpaces Polygon in terms of both daily transactions and total DEX volume. Compared to Polygon’s $137.4 million, Solana’s DEX volume
Cardano blockchain co-founder Charles Hoskinson has unveiled an entirely novel framework called Partner Chains, which he claims will completely alter the way new blockchains are created and run in the future. An IOG blog reports that Hoskinson proposed a new framework for integrating Cardano’s offerings into modular blockchain applications. Some
Despite the recent price slump, Solana has shown incredible resiliency in continuing its upward trend. Recent on-chain statistics shows that the cryptocurrency ended October with a 61.58% rise. The overall crypto market has been trading in red lately with the price of Bitcoin down 3.17% in the last 24 hours,
Solana has shaken off the impact of fallen crypto exchange FTX’s bankruptcy to surge to its highest price of the year so far. After hitting a low of $18.25 in September, SOL has climbed over 70% to now trade above $41. Solana suffered disproportionately from FTX’s implosion last November, partly
There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major
