Vitalik Buterin, the co-founder of Ethereum, raised significant concerns regarding the security of the Ethereum network. He highlighted certain overlooked vulnerabilities within its staking system that could lead to severe security breaches.
Solana (SOL) is now trading at a critical juncture following last week's market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150.
A new report projects that Solana (CRYPTO: SOL) could see its market value surge to $330, capturing 50% of Ethereum's (CRYPTO: ETH) market cap. What Happened: The report by MarketVector, a thematic index provider backed by VanEck, highlights Solana's superior performance metrics and suggests that the cryptocurrency is significantly undervalued compared to Ethereum, presenting a major investment opportunity.
DefiLlama's Dex data revealed that Solana had outperformed Ethereum's Dex volume for the second time in a week. According to DefiLlama's data, Solana's Dex volume surpassed Ethereum's Dex volume by approximately $0.01B in the last 24 hours.
A notable 168% increase in Ethereum's burn rate in the last week indicates increased on-chain activity and possible price implications for the asset.
Solana's potential rise to 50% of Ethereum's market value could significantly alter the competitive dynamics within the cryptocurrency market. The post Solana could hit 50% of Ethereum's market value, predicts VanEck appeared first on Crypto Briefing.
Should that happen, SOL's price could more than double, according to the current numbers.
Google Cloud has joined forces with Solana Labs to launch GameShift, a new API designed to make it easier for developers to integrate Web3 features like non-fungible tokens (NFTs) and digital assets into their traditional Web2 games.
Solana has successfully reclaimed what appears to be the critical level that set it on its path to $260 in 2021. Hitting this price suggests that SOL could retest its all-time high (ATH).
TL;DR XForge Launched: XProtocol will introduce the XForge, a $299 smartphone optimized for gaming and DePIN features. Benefits for owners: Early buyers will receive a Xardian node and 10% of the total token supply. Market competition: The launch of XForge comes in a context of increasing competition with Solana Seeker.
The United States Securities and Exchange Commission (SEC) has delayed deciding on Nasdaq's proposed rule change to allow the listing and trading of options on BlackRock's Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust (ETHA).
Solana meme coin, Mother Iggy (MOTHER) has reclaimed $100 million market cap, which was last tapped on 27th July. Since then, MOTHER/SOL had dipped lower and consolidated throughout the month of August, until 8th September when it started surging again.
Solana has been one of the hottest chains, probably more than Ethereum or Bitcoin, as the platform has been tremendously active. The activity on the platform surged massively which raised the possibility of rising above the pivotal resistance at $150.
Visa has launched its Tokenized Asset Platform (VTAP), aiming to provide financial institutions with tools to experiment with tokenized assets on blockchains. This new platform is set to transform how banks engage with digital financial markets, leveraging blockchain technology to issue fiat-backed tokens representing real-world assets.
Speaking at the European Blockchain Convention, Bitwise CIO Matt Hougan expressed confidence that spot Ethereum ETFs will succeed despite a slow start. Ethereum (ETH) exchange-traded funds may have launched too early, crypto.
For investors, ETH's future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.
VanEck has expressed optimism about Solana market cap to reach 50% of Ethereum.
Blockchain governance is a complex topic, where competing visions of decentralization are at play. While Ethereum presents itself as one of the most influential platforms in the crypto universe, Cardano's founder, Charles Hoskinson, sees a different picture.
Hoskinson critiqued Ethereum's governance, comparing it to a dictatorship centered around Vitalik Buterin. Cardano's model aims to balance efficiency and democracy, avoiding Bitcoin's anarchy and Ethereum's centralization.
Things are starting to look good in the DeFi market again as top coins like Ethereum (ETH) are back in their bullish state. In a recent turn of events, some ETH whales sold off their investments and subsequently drove up the price of the token by a long shot. This surge has convinced analysts that ETH will touch the $2,700 mark any time now.
The CoinGlass data shows that the POPCAT open interest has surged by 13%, reaching its all-time high of $106 million showing strong trader interest for the Solana meme coin.
Ethereum's bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action. This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend.
Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts.
Ether.fi, a liquid restaking protocol, narrowly avoided a security scare after attackers attempted to hijack its domain name through its registrar, Gandi.net.
Amid the ongoing bullish recovery in the crypto market, the Solana price has successfully reclaimed the $150 mark. Moreover, the altcoin is on the verge of testing its important resistance level of $155, indicating increased price action in the crypto market.
XProtocol's crypto-powered Android phone will launch later this year, with the XForge priced at just $299.
In a recent turn of events, the SEC has opted to delay its decision on BlackRock's proposal for a spot Ethereum ETF.
In the cryptocurrency community, Solana (SOL) and Cardano (ADA) have been on people's lips as they are expected to offer 2-3x returns in the foreseeable future. As per the latest information, Solana is trading at $146.88 after gaining an 18.80% bounce from a strong support level of $128.40 which stood for a few days.
The challenge is to foster on-chain utility that adds meaningful long-term value to users, researcher Matthew Kimmell wrote.
The SEC has delayed its decision on Ethereum ETF options. Analysts believe Ethereum ETF options could boost liquidity if approved.
Visa to develop a platform for banks to test fiat-backed blockchain tokens Visa has announced the launch of the Visa Tokenized Asset Platform, aiming to help banks and financial institutions explore the use of tokenized assets on blockchains, according to
The price of Ethereum (ETH) has risen above the moving average lines and reached a high of $2,629. ETH price analysis by Coinidol.com.
Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason?
Despite the ongoing market volatility, the ETH price has managed to hold firm above $2,600 supported by the surge in the Ethereum funding rate. Development in the derivatives market shows that investors are turning bullish eyeing a rally to $3,000.
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Nasdaq's proposed rule change regarding the listing and trading of options.
Cardano price surged over the last seven days, gaining 15% and briefly entering back into the top 10 ranks before getting ousted once more. The Cardano community is bullish on the asset, although critics still question the numbers on the network.
A decision on Ethereum ETF options has been pushed back to November, four days after Blackrocks's IBIT options trading was approved.
Cardano Founder Charles Hoskinson recently addressed concerns and media reports regarding the governance model of Ethereum. In an interview during the TOKEN2049 conference in Singapore, Hoskinson, who also co-founded Ethereum, expressed his views on the centralization of decision-making within the Ethereum network.
One can notice that Rexas Finance (RXS) is unique in its approach when it comes to the current cryptocurrency challenges owing to its focus on Real World Asset (RWA) tokenization.
Ether has displayed its strength recently, bouncing back after the digital currency's price had been stuck in the doldrums.
TL;DR Shift to Altcoins: As Bitcoin stabilizes, traders are moving to high-reward altcoins, driven by Bitcoin's price stability and the potential for faster profits from smaller coins. Ethereum's Recovery: Ethereum is leading the altcoin resurgence with significant weekly revenues, boosting market dominance and encouraging investment in other promising altcoins.
Ether.fi credits security upgrades and partners for thwarting a domain account takeover before user funds were compromised.
Matthew Siegel, the head of digital asset research at VanEck, a prominent U.S. hedge fund with assets totaling $101.9 billion, shared some compelling insights about Ethereum (ETH). As the cryptocurrency market remains dynamic, Siegel's observations may indicate a turning point for investors looking to capitalize on Ethereum's recent performance.
He argued that Vitalik Buterin, one of Ethereum's co-founders, holds too much power in deciding how the network develops. This statement came during an interview at Token2049 in Singapore, where Hoskinson shared his thoughts on Ethereum's governance model.
The precious metal charted another all-time high against the dollar at $2,670 today.