Solana (SOL) has achieved a new year-high of $220, marking a major 35% surge over the past week. This sharp price increase has propelled the cryptocurrency to levels not seen in nearly three years.
At Devcon 2024 in Bangkok, Ethereum co-founder Vitalik Buterin outlined the platform's advancements and his vision for its future, focusing on decentralization, scalability, and inclusivity. In his keynote, Buterin presented Ethereum as the “world computer,” a foundational platform for a diverse digital economy.
Expanding beyond its original Stellar deployment will help the project jump further into the burgeoning DePIN space.
DeFi Technologies, a company bridging traditional finance with cryptocurrency by providing exposure to digital assets, has announced a new platform aimed at adding Solana to its balance sheet. In an announcement on Nov.
Ethereum (ETH) funding rate has hit the highest level since March following a price increase above $3,400 earlier today. However, while ETH's price has since dropped, the bullish sentiment around the altcoins has remained elevated.
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.
Vitalik Buterin had previously explained that the foundation's ETH sales are essential for funding developers, research, and other Ethereum ecosystem advancements.
The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.
Solana has popularly become the go-to choice for several venture capitalists and hedge funds, with most believing it's price could reach $600 in this bull market cycle. In a recent Crypto Investment Manager Survey by MV Global, 76 venture allocators were asked, and almost a third of those who participated believed SOL could reach that mark.
After a week-long bullish rally, the crypto market took a slight cool-off during Tuesday's U.S. market session. As a pioneer digital asset, Bitcoin plunged 2%, the Ethereum price followed by nearly 3.5%, projecting a relief pullback for buyers to recuperate the exhausted bullish.
Ether's funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
Ethereum researcher Justin Drake introduced a proposal to overhaul Ethereum's consensus layer, called the “Beam Chain.” This redesign, pitched to a packed house at Devcon Bangkok today, aims to modernize a part of Ethereum's core infrastructure while maintaining compatibility and decentralization.
Blockchain researcher Justin Drake unveiled the Ethereum Beam Chain concept during Devcon in Bangkok. This proposed overhaul aims to consolidate several key advancements in the network.
BeInCrypto sat down with Dominic Schwenter, COO of Lisk, to delve into the latest developments surrounding Lisk's mainnet launch and the project's changing role in the blockchain ecosystem.
Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.
Lisk, a leading Ethereum Layer 2 blockchain dedicated to empowering web3 builders in high-growth markets, is pleased to announce the launch of the Lisk Mainnet and the introduction of its Airdrop campaign, beginning on November 21st.
TL;DR Zerion launches ZERO Network, a Layer 2 on Ethereum that eliminates gas fees to improve the user experience. ZERO Network uses account abstraction and a dynamic scoring system, Onchain DNA, to enable free and secure transactions. Zerion has received funding from angel investors, including well-known figures in the crypto ecosystem, to support its development.
The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.
The Ethereum Foundation sold $340,000 worth of 100 ETH again on November 12 – a controversial activity among Ethereum investors. However, a smart money trader has absorbed 100 times more of this sell pressure in a $34 million purchase.
Recently, the Cardano price surged past a pivotal threshold, reigniting discussions about its potential. However, amidst this resurgence, analysts have turned their gaze toward an upcoming contender: RCO Finance (RCOF).
Lisk will be looking to leverage the airdrop to attract new users and build a stronger connection with its community.
An OG Ethereum (ETH) trader is shaking the crypto world with a bold bet. The trader is converting some Ethereum and Solana (SOL) holdings into PropiChain (PCHAIN). The legendary trader predicts that PropiChain will surge 20,000% by January 2025. This means a $1,000 PCHAIN investment will be valued at $200,000.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
Justin Drake proposes “Beam Chain” to modernize Ethereum's consensus layer. Beam Chain aims for faster transaction finality and lower validator stake requirements.
Cardano recently reached $0.657, marking its highest price since March 30 and a 138% increase from its year-to-date low. However, the cryptocurrency has since corrected, as ‘BitBoy' Ben Armstrong recently predicted.
Cardano (ADA) appears temporarily sidelined by the ongoing bullish trend in the broader cryptocurrency space. As of this writing, the ADA price has fallen by 4.48% to $0.5712, according to CoinMarketCap data.
Ethereum researcher Justin Drake teased a new proposal aimed at improving Ethereum's scalability while presenting his “ambitious” strategy for the Beacon Chain roadmap.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a surge in Large Holder Netflows, an indicator that estimates changes in the positions of whales, this week.
Ethereum Foundation researcher Justin Drake has introduced a transformative proposal for a new consensus layer upgrade called the “Beam Chain” during his Nov. 12 presentation at DevCon in Bangkok. The Beam Chain is a complete overhaul of Ethereum's consensus layer, which would move the blockchain network closer to its final architecture.
Raoul Pal, CEO of Real Vision, has suggested that Ethereum (CRYPTO: ETH) could benefit more than Bitcoin (CRYPTO: BTC) under Donald Trump's administration. Raoul Pal is set to discuss these insights and the future of Ethereum and Bitcoin at Benzinga's Future of Digital Assets event on Nov. 19.
TL;DR Lisk launches its mainnet on Ethereum, establishing itself as a Layer 2 network focused on practical applications and high-growth markets. An airdrop of 15 million LSK tokens will encourage adoption, with the first four-month season beginning on November 21, 2024. Strategic partnerships and a rewards program will drive application development on the platform.
The crypto market is experiencing a robust surge, with selected tokens showing potential for quick, substantial gains. Bitcoin's recent rise above $88K has sparked bullish sentiment, spurring further price increases in altcoins.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently experienced a dramatic surge in value. In just eight days, ETH's price has soared by 41%, reaching $3,332 on Tuesday, November 12.
TL;DR Cardano (ADA) has seen a 72.97% increase over the past 7 days, reaching a price of $0.5801. Although ADA has seen a slight drop of 2.36% in the last 24 hours, it remains in the top 10 of the cryptocurrency rankings.
The first truly positive week since their launch, which for now remains a half flop.
ZERO Network, an Ethereum Layer 2 that allows Zerion Wallet users to trade, mint, swap and bridge without paying gas fees, has launched.
ADA rallied by 114% before facing a strong resistance at the $0.70 level in the short term.
The startup's token centers around the bitcoin basis trade, which exploits price differentials between spot and futures markets.
TL;DR Justin Drake proposes a “Beam Chain” to replace Ethereum's current Beacon Chain. The proposal would reduce staking requirements from 32 ETH to just 1 ETH. The new chain seeks to optimize consensus design and improve accessibility.
Cardano (ADA) continues to ride on the bullish momentum rocking the crypto market thanks to a weekly surge of 80.4%, according to CoinGecko data.
Bluntz, the insightful analyst renowned for his accurate forecast of the 2018 Bitcoin bear market bottom, is once again capturing attention with his latest bullish outlook. Bluntz has shared his optimistic targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in the current bull market.
Solana (SOL), popularly called the "Ethereum killer," is experiencing market volatility amid the ongoing bullish run for most assets. The volatility has forced it to shed some gains, a shocking trend considering its latest momentum.
The Beam Chain plan could significantly enhance Ethereum's scalability, security, and efficiency, potentially reshaping blockchain technology. The post Ethereum researcher unveils Beam Chain plan to overhaul consensus layer by 2027 appeared first on Crypto Briefing.
After recording a bullish price action for 7 consecutive days, the Cardano price has been on the verge of breaking its streak by recording a negative price sentiment in the past day.