Solana (SOL) has recently achieved a remarkable milestone, setting a new record for daily active addresses and sparking speculation about potential price appreciation. Despite this surge in network activity, SOL’s price has remained under pressure, mirroring the broader altcoin market’s struggles. As investors eye the upcoming Breakpoint conference, questions arise
Solana’s blockchain is displaying a significant surge in trading activity, setting new records. The number of daily active addresses (DAA) on the Solana network has reached 5.4 million, the highest level ever recorded. This rise indicates increased engagement on the platform, with daily transactions exceeding 41 million, outpacing networks like
Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader market corrections. With Ethereum’s network still being the backbone of decentralized finance (DeFi) and NFTs, price fluctuations
Ethereum co-founder Vitalik Buterin has recently been at the center of speculation regarding his cryptocurrency holdings and transactions, particularly amidst concerns over large-scale ETH sell-offs by major holders, or “whales.” Buterin addressed these concerns in a recent tweet, clarifying that he has not sold and retained the proceeds since 2018.
As the crypto market suffered a general downturn, some altcoins remained resilient and posted profits. These altcoins are RCO Finance (RCOF), Uniswap (UNI), and Sui (SUI). Why did these altcoins remain profitable? And how can investors benefit from their continued rise? Let’s find out. RCO Finance’s Lucrative Presale Offers Investors
September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although
Polygon’s ambitious token migration from MATIC to POL has reached a milestone, with 6.50 billion tokens successfully converted as of today. This transition, representing a 64.8% conversion rate, marks a pivotal moment in the network’s evolution towards its Polygon 2.0 vision. The migration process, which commenced on September 4, 2024,
As crypto scams increase in 2024, TRON, the decentralized blockchain platform, Tether, the issuer of the USDT stablecoin, and TRM Labs, a leading blockchain intelligence firm, have teamed up to launch the T3 Financial Crime Unit (T3 FCU). This new partnership is all about cracking down on illegal activities related
dYdX is excited to announce that users of Keplr Wallet may now easily onboard on dYdX and trade in more than 130 markets. Users just need to click three times to link their wallets thanks to the new dYdX Chain and Keplr integration. Keplr’s multi-chain wallet, which has over a million users,
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
