In a fascinating turn of events, Solana’s blockchain platform, famed for its speedy transaction confirmations and cost-effectiveness, has been witnessing a shift in its ecosystem. 1/ @Solana, known for its low transaction costs and quick confirmation times, has found its strength in consumer products with lower-value transactions.@0xallyzach dives into some
Blend, a recently established lending platform from Blur, has revolutionized the NFT lending industry. The blend has outperformed its rivals and turned into a dominant force in the market after only one month of operation. The platform has solidified its position as a game-changer in the field of decentralized finance
In a groundbreaking move for the world of non-fungible tokens (NFTs), Bitcoin Ordinals and the BRC-721E protocol have made their grand entrance. This innovation has been heralded as a critical step in bridging the gap between the Bitcoin and Ethereum ecosystems. However, the two of the largest blockchain networks have,
In the ever-evolving world of blockchain and non-fungible tokens (NFTs), Ethereum maintains its leading position, followed closely by Bitcoin, Solana, and the rising star Mythos. Recent data from the CryptoRank Platform reveals that Ethereum has retained its stronghold, topping the charts in 30-day NFT sales volume. Top 15 Blockchains by
Nearly 11 months after its inception in July 2022, Reddit’s collectible avatars, or “Reddit NFTs,” are nearly 10 million holders. Dune Analytics estimates that as of right now, there are 9,909,465,000,000 people who own Reddit collectible avatars. There are around 7.7 million people who have just one collective avatar wallet.
The past few years have witnessed an immense wave of excitement and hype surrounding the world of NFTs. Although, reports indicate that NFT investments in popular projects like Doodles, Invisible Friends, Moonbirds, and Goblintown have plummeted by as much as 95% in Ether value. On average, the worth of renowned
Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the focus of the crypto space to a great extent. Remarkably, crypto exchange Binance is on the frontline investigating the possibilities of onboarding BRC-20 to augment Bitcoin’s NFT era. Notably, Leonidas, a popular Ordinals member on Crypto Twitter, magnified the
According to a report by Nansen, the peer-to-peer lending and borrowing platform Blend, established this month by the newly minted non-fungible token marketplace behemoth Blur, has already handled approximately 16,000 loans for a total of 123,500 ETH, or $225 million. The marketplace Blur soon overtook OpenSea in terms of trading
The NFT market, which faced a significant downturn last year, is now showing promising signs of a rebound. Optimism among investors regarding cryptocurrencies and the increasing demand for digital assets like Bitcoin have contributed to the overall rise in the cryptocurrency market. Based on the latest data, $OXBT BRC-20 NFTs
In a surprising turn of events, Peter Schiff, who has been openly critical of cryptocurrency for years and once dismissed NFTs as lacking value and prone to replication, is now gearing up to debut his own NFT art collection on the Bitcoin platform. I'm pleased to announce an art project
