Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct. 24 statement. Ink aims to empower users to trade, borrow, and lend tokens without the need for intermediaries, marking a significant shift from Kraken's current centralized exchange model.

BOB, a project built on Bitcoin, is s making headlines with its bold plan to make Bitcoin the leader in decentralized finance (DeFi). By introducing a unique bridge to Ethereum, BOB is set to use Bitcoin's unmatched security and liquidity to challenge platforms like Ethereum and Solana, aiming to take over the DeFi space.

The project promises to revolutionize leverage trading and swaps on the network.

Solana's price recently breached the $161 barrier for the first time in over two months, signaling a strong bullish momentum. The altcoin's price surge attracted attention from traders, but despite the optimism, there are growing concerns about a potential bearish reversal.

Vitalik Buterin, co-founder of Ethereum, recently surprised the crypto community with a major announcement: a fourfold reduction in gas fees on the Ethereum network. This initiative aims to make transactions more cost-effective and improve the efficiency of the network, marking a crucial step for the Ethereum ecosystem.

Built using the OP Stack, Kraken's Ink follows the lead of rival crypto exchange Coinbase's launch of Base in 2023.

TL;DR The amount of staked Ether has reached a new high, surpassing 34 million. Excessive staking of Ether could lead to problems on the Ethereum network, such as failed transactions. Experts suggest that the ideal of Ether staking has been surpassed, which could affect the security and functionality of the ecosystem.

Binance has BNB Chain, Coinbase has Base, OKX has the X Layer and now Kraken has Ink.

India is considering banning cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in favor of its own central bank digital currency (CBDC), with key regulatory institutions advocating for the move. This comes as the government is preparing a discussion paper on the future of crypto regulation in the country.

Kraken's Ethereum layer-2 network Ink is built on Optimism's OP Stack, the same tech that powers Base, Unichain, and World Chain.

Ethereum (ETH) price today today trades at after hitting a daily high of on . ETH price is up % as of.

Solana (SOL), the fifth largest cryptocurrency by market capitalization, has gained traction since the week's start and is on track to mark the third consecutive day of gains since Oct. 22.

Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania.

Ethereum (ETH) has recently faced a notable price slump, prompting discussions about whether this downturn is a temporary setback or indicative of more significant challenges ahead. Over the past 24 hours, ETH has experienced a 2.70% decline, entering what traders refer to as a “retracement.

Binance has extended its BNSOL APR Boost Campaign, allowing SOL stakers to earn up to 10% APR. The extension is due to popular demand and aims to provide additional rewards.

ETHcoin was promoted by Machi Big Brother just minutes after its launch. He is also among the biggest miners, taking 20% of block rewards, despite claiming no insider knowledge.

Launched in 2020, Solana (SOL) has positioned itself among the top five cryptos in the world. Throughout its history, SOL has shown resilience in difficult times and has become a large market cap coin.

The altcoin market is transforming, heralding a new era that puts Solana at a crucial turning point.

The Solane market, the fifth largest cryptocurrency market by market cap, has witnessed a rise of 12.6% in the last seven days. At the start of this month, the SOL price was at $152.52. Now, it stands at $172.83. This indicates that so far, the market has seen a rise of 13.31%.

Aragon Association allows ANT holders to redeem tokens for ETH at a fixed rate through Binance. The redemption process will be completed by November 8, 2024.

The market might be in sell-off mode, but top market whales are finding a way to cash in on already accrued gains. As shared by crypto analytics platform Lookonchain, an Ethereum ICO participant has initiated a new sell-off transfer, adding to the broader market sell-off pressure.

An Ethereum whale who participated in the ICO has sold 3,000 ETH, worth $7.64 million, raising concerns about what might happen next to Ethereum's price. The last time this whale sold a large amount, ETH's price fell by 15%.

After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out.

The Solana ecosystem is brewing as the market cap has surged by over 200% since the start of the year. The rise of the memecoin craze in the markets is the primary reason for the extraordinary performance. Apart from Solana, dogwifhat (WIF) & POPCAT are among the top-performing tokens within the ecosystem.

While most of the altcoins have been trying a push upside, the Ethereum (ETH) price has continued to move sideways flirting around $2,550 levels. The ETH/BTC pair has also been heading lower hitting the lowest levels since 2021.

Solana (SOL) is becoming the Ethereum of this bull market. Up 30% against its USD pair since early October, $SOL is the gains leader among the top 50 cryptocurrencies by market capitalization.

Binance Coin (BNB) may be on the verge of following a similar trend to Solana's (SOL) price despite having a larger market cap than the latter. This forecast is based on the signs displayed by several technical indicators.

Base, an Ethereum Layer 2 (L2) scaling solution, is set to implement a significant upgrade with the introduction of fault proofs on October 30, 2024.

The meme coin ecosystem on the Solana network has surged to more than $11.7 billion and a daily average traded volume of about $3.8 billion.

TL;DR Significant Fee Reduction: Vitalik Buterin's proposal aims to cut Ethereum gas fees by up to 80%, making transactions more affordable for users. Efficiency and Speed: The changes focus on improving transaction processing efficiency, potentially increasing Ethereum's transaction speed by up to five times.

Bitcoin is gaining attention again as its market dominance has surged past 57%, a level not seen since April 2021. This dominance shows Bitcoin's growing share in the overall crypto market, often a signal that investors are leaning toward its stability over more volatile altcoins.

On Oct. 24, blockchain security firm PeckShield reported that the Radiant Capital hacker had transferred nearly all of the stolen funds from Arbitrum and Binance's BNB Chain into the Ethereum network. The funds, valued at approximately $52 million, totaled 20,500 Ether. This development follows the Oct.

With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.

The Solana price surge has grabbed attention amid the bearish cloud hovering over the crypto market this week. What is pushing SOL price up?

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The venture capital firm just released its "State of Crypto" report, and Solana stole the show.

Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.

It will be possible to perform stateless verification that does not require storing the entire blockchain.

Solana price rose to twelve-week highs on Thursday, going against a market-wide struggle to stay on course for a third successive day of gains. The crypto coin traded at $173.36 at the time of writing, with gains of 1.5 percent on the daily chart.

Solana continues to offer the best returns in the crypto market, surpassing even the performance of Bitcoin and Ethereum.

Ethereum price has been dropping for the third day in a row after failing to break past the $2,700 mark.

Blockchain forensic firm PeckShield discovered wallets belonging to Radiant Capital's exploiter transferred $52 million funds into the Ethereum network. In an Oct.

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

High gas prices have historically been a problem for Ethereum during times of high demand. These charges, which are a result of network congestion, have been an ongoing issue.

Ethereum co-founder Vitalik Buterin has just announced an Ethereum upgrade which aims to make blockchain verification mainstream.

Solana price could be edging closer to ending its six-month sideways movement and hinting at a massive rally. Adding credence to this outlook is an expert who issued a “final warning” as he expects SOL to soar by double digits in under two weeks.

Ethereum's next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.