Arbitrum, a Layer-2 (L2) scaling solution, has been gaining significant traction since the introduction of its native token, ARB, earlier this year. The past month has witnessed a staggering surge in ARB’s value, underscoring the rising demand for the protocol. Notably, Arbitrum has surpassed Ethereum in daily decentralized exchange (DEX) volume, a key metric in
Bitcoin
Solana co-founder Anatoly Yakovenko recently shared his confidence in the ability of Solana’s blockchain to handle the increasing demand for decentralized applications (dapps) without relying on layer-2 solutions like those of Ethereum. Yakovenko argued that Solana’s design, which incorporates a hybrid consensus mechanism, allows it to scale efficiently without the need for additional layers. In
The Shiba Inu Layer 2 Shibarium network has once again demonstrated its resilience after the holiday season. With an impressive performance in recent months, the network has reached a major milestone of processing over 250 million transactions since its launch last year. This achievement coincides with a significant recovery in the daily transactions on the
Over the past day, the cryptocurrency market has witnessed a significant decrease in prices, with XRP being one of the hardest hit. In a short amount of time, XRP has lost 10% of its value, causing a seismic shift reminiscent of the events that unfolded in August of last year. This unexpected decline has created
In a surprising turn of events, Matrixport, a leading crypto financial services platform, recently published two contrasting articles on the future of Bitcoin. These conflicting viewpoints generated a wave of controversy within the crypto community and sparked discussions about market manipulation. The articles, which projected both bullish and bearish scenarios, had immediate implications for the
Solana (SOL), touted as the “Ethereum Killer,” has experienced an astronomical 722% surge in price this year. Alongside the native token’s remarkable growth, the utilization of Solana-based meme coins like Bonk Inu (BONK) and decentralized applications (dApps) has skyrocketed. However, the network’s rapid rise in popularity has also attracted attention from hackers and presented numerous
The cryptocurrency market experienced a sharp decline, resulting in a loss of almost $200 billion in value. This devastating selloff was triggered by rumors of potential denial of Bitcoin ETF approvals by the SEC. However, despite the chaos in the market, some experts believe that this could be an ideal opportunity for dip buyers. This
Cardano (ADA) has experienced a remarkable climb in 2023, boasting a staggering increase of over 150%. This surge in value corresponds with the impressive growth of key components within the Cardano ecosystem, such as the leading Decentralized Exchange (DEX) Minswap, which has seen a remarkable gain of 26,000% and attracted a significant influx of users.
The relationship between Ripple’s XRP buybacks and their impact on price has long been a topic of heated discussion within the cryptocurrency community. Recently, a community member named Crypto Mark raised a valid question regarding Ripple’s strategy of purchasing more of the cryptocurrency. They argued that Ripple should be focusing on distributing XRP rather than
Bitcoin, the world’s leading cryptocurrency, has been under scrutiny by analysts as they anticipate its upcoming halving event. Amidst this speculation, prominent crypto trader Adrian Zduśczyk has shared a bullish outlook, suggesting that Bitcoin could reach new all-time highs post-halving. Zduśczyk’s projections indicate that favorable market conditions and pivotal financial events may play a significant