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news-imageOctober 18, 2024

Anatoly Yakovenko Explains The “Fundamental” Difference Between Solana And Ethereum

Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.
Publisher: Coingape
Sentiment: Neutral
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cover-imageThe Currency Analytics
October 18, 2024

Record Crypto Activity in 2024: Solana Surges with 100 Million Active Addresses

The “2024 State of Crypto” report by a16z Crypto, the investment arm of the venture capital firm Andreessen Horowitz, reveals remarkable trends that underline the industry's rapid growth and diversification. The report highlights a significant uptick in crypto activity, with a record 220 million monthly active addresses reported as of September 2024 an impressive threefold increase since the end of 2023.

Positive
cover-imageThe Daily Hodl
October 18, 2024

Trader Says Large-Cap AI Altcoin Looks ‘Extremely Good,' Maps Path Forward for Solana, FLOKI, Bonk and Pepe

A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.

Positive
cover-imageBenzinga
October 18, 2024

Bitcoin, Ethereum, Dogecoin Stay Bullish On Friday: Watch This Key Catalyst Till November

Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.

Positive
cover-imageCoingape
October 18, 2024

Neiro Ethereum Partners With DWF Labs, NEIRO Price Soars 10%

Neiro Ethereum nabbed considerable investor optimism across the broader market on Friday, witnessing nearly 10% gains in light of a partnership. The dog-themed meme token's community revealed that it is partnering with market maker DWF Labs, garnering noteworthy attention across the industry.

Positive
cover-imageCrypto Economy
October 18, 2024

ethOS Debuts dGEN1: A Light Client-Optimized Hardware Device for Ethereum Dapps

TL;DR ethOS unveils dGEN1, a hardware device optimized for Ethereum dApps, featuring a built-in Web3 browser and integrated wallet for secure and efficient digital asset management. Light client technology in dGEN1 enhances blockchain interactions without the need for full node resources, improving security and performance. Preorders via NFT on the Base layer-2 network cost 0.

Negative
cover-imageCryptoGlobe
October 18, 2024

VanEck's $ETH 2030 Price Target Could Drop by Two-Thirds if Ethereum's Economic Model Does Not Change

On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum's recent underperformance compared to Bitcoin (BTC) and Solana (SOL).

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