The VRC-20 standard aims to boost trust and transparency in the market for data-backed digital assets.
Since the “Dencun” upgrade on March 13, 2024, which brought in “Proto-Danksharding” (EIP-4844), Ethereum trading has stayed active—despite ETH not showing strong gains in this bull cycle yet. Total trading volumes have crossed $2 billion. With so much activity on Ethereum and its layer-2 networks, there’s a growing need for strong data tools that can …
The Blockchain Group, a French blockchain company, has significantly increased its Bitcoin holdings. On March 26, the company announced the purchase of 580 BTC for approximately €47.3 million ($50.8 million). This acquisition boosts its total Bitcoin reserves to 620 BTC. The move highlights the company’s confidence in Bitcoin as a key asset. As more firms …
Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.
The number of ether held in wallets tied to centralized exchanges has dropped to the lowest since November 2015.
Mantle Network integrated EigenDA last week to enhance scalability and ensure better compatibility with Ethereum's impending Pectra upgrade.
The plan aims to integrate blockchain technology into the procurement system to enhance security, transparency, and traceability of aid distributions.
BTC currently faces low volatility, but a storm could be coming, Derive's Nick Forster said.
CryptoQuant's founder is concerned about liquidity drying up.
A well-known cryptocurrency marks its anniversary by celebrating the milestones it has achieved over the years such as its incredible growth that made it one of the top digital assets in the space. In the last five years, Solana has attained nearly $1 trillion in DEX trading and processed more than 400 billion transactions. Related Reading: XRP $15 Breakout? Not A Far-Fetched Idea—Analysis Five Successful Years Since Solana was created on March 16, 2020, the crypto has grown to become one of the top 10 digital assets today. In an X post, Solana shared what it has accomplished over the course of its half-a-decade existence, citing that it has facilitated over 408 billion SOL transactions, more than 1,300 validators, and at least $987 billion in volume. Happy 5th birthday Solana fam! ???? 408+ billion transactions. 1,300+ validators. $987+ billion volume. Thank you to all the relentless founders, devs, and nCMOs around the globe who have made Solana what it is today — 5 years in, we’re just getting started ???? pic.twitter.com/p89PynhjpJ — Solana (@solana) March 16, 2025 According to CoinGecko, Solana holds the 6th place in cryptocurrency in terms of market capitalization. Meanwhile, SOL occupies the 9th spot in the Coinbase crypto, which is based on relative market cap. “Thank you to all the relentless founders, devs, and nCMOs around the globe who have made Solana what it is today — 5 years in, we’re just getting started,” SOL said in a post. Solana Growth By The Numbers Analysts said that Solana, a crypto born together with the pandemic, owes its growth to its system which speeds up its transaction processing, allowing the digital asset to increase at a low cost. Data showed that since its mainnet went live in March 2020, the crypto has generated over 254 million blocks, adding that Solana has become a major force in the decentralized finance space. According to DeFiLlama, Solana has more than $7 billion in total value locked in its protocols. On the other hand, SOL’s stablecoin is also doing well after posting $11 billion. Although this figure is a bit lower than the $12.6 billion recorded in February 2025. In terms of market capitalization, Solana has about over $65 billion, which is a big drop from its peak of $127.5 billion. As of writing, SOL is being traded at $127 per coin, which is 1.2% down in the last 24 hours. Bouncing Back Market observers said Solana was greatly affected by the bear market in 2022 and the collapse of the crypto exchange FTX, wherein investors saw its mark cap plummet by 96% to only $3 billion. Sam Bankman-Fried’s FTX bought an estimated 58 million SOL tokens worth $7.4 billion at today’s value. However, in November 2022, FTX filed for bankruptcy, leading to a decrease in SOL’s price and hitting $8.30 per coin in December 2022. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? It might face many challenges in 2022 but SOL showed its resiliency and made an impressive comeback in 2023, growing its market cap from $3 billion to more than $140 billion, as of January 19, 2025. Featured image from Pexels, chart from TradingView
The platform reportedly caught regulators' attention after reports that it was used to launder some of the proceeds of the recent Bybit hack.
The spike in blockchain mentions coincides with a significant shift in the SEC's approach to crypto regulation under Acting Chair Mark Uyeda.
Large movement of coins to exchanges often breeds price volatility.
PAWS Labs has introduced the “Solana OG Checker,” a tool to verify eligibility for the OG-level PAWS token airdrop. Covering top Solana projects like WIF, BONK, TNSR, MOBI, and MADLAD, this airdrop rewards early adopters in the memecoin and DeFi space. Check eligibility now to claim your PAWS tokens!
Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview.
Through a pre-selection process it aims to find blockchain and AI-based solutions to enhance its operations.
World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves. The move is part of WLFI’s strategy to develop a broad portfolio that supports blockchain-based financial solutions. Related Reading: Bitcoin ‘Won’t Stop At $150K’ This Year, Research Firm Chief Says Sui Joins Other Major Crypto Assets Since its introduction in September 2024, WLFI has established a strong influence in the cryptocurrency space. Wrapped Bitcoin (wBTC) and Ethereum (ETH) are already in its reserve, and Sui is the latest addition. Donald Trump Jr. and Eric Trump, Web3 ambassadors, lead the initiative. Barron Trump, the president’s youngest son, is also participating and referred to as a “DeFi visionary.” Their objective is to promote stablecoins and other decentralized financial technologies. ???? BREAKING — we’re extremely excited to announce a partnership with @worldlibertyfi, a Donald J. Trump-inspired pioneering DeFi protocol, rooted in a shared vision for a more open and transparent financial world. As part of this collaboration: ???? WLFI will include SUI in their… pic.twitter.com/7J1gB0EbS4 — Sui (@SuiNetwork) March 6, 2025 Why WLFI Chose Sui? Sui, developed by Mysten Labs, is recognized for its fast transactions and ability to scale effectively. It was built to support a large number of users while remaining cost-effective, making it an excellent choice for financial applications. The fact that WLFI added SUI to its stockpile shows that it has faith in the future of blockchain technology. The group is dedicated to keeping a wide range of digital assets and supporting important Web3 projects. In his role as WLFI’s Web3 Ambassador, Eric Trump was genuinely excited about the alliance. He said that the blockchain’s roots in American innovation and the company’s ability to grow were two things that stood out to him. ???? Sui just partnered with World Liberty Financial, a Trump-backed DeFi protocol, leading to a surge in the token. Sui will integrate its layer 1 blockchain with WLFI’s financial strategies, enhancing their strategic token reserve to support DeFi projects. Read more here:… — The Defiant (@DefiantNews) March 6, 2025 Co-founder and CEO of Mysten Labs—the company behind Sui—Evan Cheng was hopeful about how the alliance would transform asset preservation and usage worldwide. He said everyone shared the same objective: giving individuals back control over their financial resources and digital presence. Market Reactions Meanwhile, the news of the partnership announcement gave the token some boost, rising 10% in the last 24 hours, data from Coingecko shows. The collaboration was praised by investors who saw it as a major endorsement of the blockchain’s technology and importance in WLFI initiatives. This agreement enhances Sui’s position in the DeFi market. As a relatively new project, WLFI benefits from aligning with a strong blockchain like Sui, helping to strengthen its market presence. Related Reading: Billionaire Warns Of Financial Turmoil—Will Bitcoin Save Investors? Next Steps For WLFI And Sui WLFI and Sui are expected to continue collaborating on blockchain-based financial solutions. While specific plans have not been disclosed, the addition of Sui to WLFI’s reserves suggests a deeper partnership in the future. Featured image from Pexels, chart from TradingView
From attention to intention, AI agents and blockchain technology can create a more user-centric, intent-driven digital ecosystem.
The Ethereum Foundation has announced a significant shake-up in its leadership ranks, appointing two new co-executive directors as it embarks on a fresh strategic direction. Hsiao-Wei Wang and Tomasz Stańczak will jointly take the helm of the non-profit that stewards Ethereum’s development, replacing the sole executive role previously held by Aya Miyaguchi. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate Millions—Details On the other hand, Miyaguchi, who served as Executive Director for seven years, is transitioning to the newly created position of Foundation President. This interesting change in leadership comes as Ethereum’s price continues to undergo a decline towards the $2,000 mark. Co-Executive Directors Take Helm Of The Ethereum Foundation Ethereum’s new leaders bring a blend of deep protocol expertise and industry experience. Hsiao-Wei Wang, a seven-year veteran of the Ethereum Foundation’s research team, was a key contributor to core initiatives like the Ethereum 2.0 beacon chain and sharding research. She also earned respect as a community builder by organizing Ethereum developer events in Taiwan. Tomasz Stańczak, meanwhile, is best known as the founder of Nethermind, one of Ethereum’s major software clients, which he grew from a small project into a global blockchain infrastructure company. Stańczak’s expertise in engineering and talent development is expected to strengthen the Foundation’s technical teams, and he’s even in the process of stepping down as Nethermind’s CEO to focus on this new role. This leadership restructuring is a shift from Ethereum’s earlier setup, where decision-making often centered on a few figures like Miyaguchi and even Ethereum creator Vitalik Buterin. Buterin, who had hinted that changes were coming, took to social media platform X to publicly congratulate Wang and Stańczak on their appointments. In practical terms, the new directors are expected to double down on technical R&D (like scaling improvements and protocol upgrades) and nurture the developer community, all while keeping Ethereum’s ethos of a permissionless and censorship-resistant financial platform intact. Price Action More Bearish Than Bullish Ethereum’s market performance has been on a full decline in recent weeks, which is an extension of its underperformance in the current market cycle. After a strong start to the year when the ETH price surged to about $3,700 in early January, the momentum has been of a decline for the past two months. Notably, ETH’s lack of a bullish price momentum has been aggravated by Bitcoin’s price crash in the past week, which has flowed into the altcoin market. This fall in the price of Ethereum has been accompanied by a decline in on-chain activity and sentiment reaching a 12-month low. Related Reading: Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes Transaction volumes in late February dropped about 15%, to roughly $12 billion per day, the lowest in two months, while the number of active Ethereum addresses fell by 10% over the same period. At the time of writing, Ethereum is trading at $2,210 and is at risk of breaking below $2,200 this week. Featured image from VOI, chart from TradingView
Ethereum rolling back transactions post-Bybit hack is technically infeasible. It has grown into a vast and complex network, and the repercussions of a rollback would be enormous.
The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.
Explore Hyperliquid (HLP), its core functions and how it powers the Hyperliquid blockchain. Understand its impact on DeFi and decentralized trading.
Solana’s recent price behavior has sparked anxiety in the the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump. Solana native token (SOL) has been down 32% in the last four weeks, trailing Bitcoin’s 10% decline and Ethereum’s 15% dip. As the network suffers with the fallout from a meme currency frenzy that left investors reeling, a sudden sell-off occurs. Related Reading: Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap! Meme Coin Mania Turns Into Disaster Solana has been the epicenter of an explosive meme coin growth. Although this initially stimulated trading volume and interest, it has since led to severe negative repercussions. Rug pulls and failed initiatives on the network have reportedly resulted in a loss of more than $26 million. Many developers abandoned projects immediately after raising funds, leaving investors with tokens that were of no value. The issue has escalated at an alarming rate. In the span of 30 days, the Solana ecosystem has lost at least 12 meme coin initiatives. The token’s price has declined as a result of this surge of failures, which has also negatively impacted investor sentiment. It’s over for Solana Worse than the FTX collapse$LIBRA, #MELANIA changed everything ????: Here’s what went down and what’s next… pic.twitter.com/mo6TMBpift — Xremlin (@0x_gremlin) February 17, 2025 Is Solana In Trouble? Crypto trader Xremlin recently declared on X that “it’s over for Solana,” comparing its decline to the FTX collapse—only worse. He pointed out that Solana’s recent surge in popularity was driven by speculation and the rise of meme coins. Much of this activity stemmed from low transaction fees, attracting traders to platforms like Pump.fun. However, many of these tokens are seen as pump-and-dump schemes, adding to the negative sentiment around Solana’s ecosystem. Ray Of Hope? Meanwhile, Glassnode data indicates that Solana surpassed Ethereum on 23 of 49 days since the beginning of the year. Nonetheless, Solana has demonstrated greater susceptibility to market declines. Since the beginning of the year, #Solana outperformed #Ethereum for 23 out of 49 days. However, $SOL has been more sensitive to recent drawdowns, with 30D price change clocking in at -32% as of Feb 17 (#ETH: -17%, #BTC: -8%) https://t.co/7p1xFARDLD pic.twitter.com/GE7WaV4hBi — glassnode (@glassnode) February 18, 2025 Negative Impact On Network Solana’s appeal as a low-cost, high-speed blockchain has attracted traders who are interested in leveraging speculative ventures. The proliferation of meme coins that resemble scams has, however, prompted grave apprehensions. Currently, numerous analysts are cautioning that Solana is at risk of becoming a breeding ground for pump-and-dump schemes, rather than an ecosystem that fosters sustainable development. Congestion issues on the network is also another big issue. Because meme currencies are so popular, the system has seen a drop in transaction speeds and occasional spikes in fees. This has caused some users to be frustrated and has made many wonder if Solana can sustain spikes in activity without slowing down. Related Reading: Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings Bitcoin And Ethereum Exhibit Resilience Bitcoin and Ethsereum have weathered the latest slump with comparatively little damage, while Solana is having trouble. Bitcoin has fallen by 10% in the last month, whereas Solana has fallen by 33%. Even while it is still in a better position than before, Ethereum, which has also been under selling pressure, has seen a 17% drop. During periods of uncertainty, investors are progressively gravitating toward established assets. Bitcoin and Ethereum have been able to maintain a higher level of market confidence by primarily avoiding the chaos that has been caused by meme coin implosions, in contrast to Solana. Featured image from Gemini Imagen, chart from TradingView
Solana has extended its price decline below $200, but technical analysis shows that it continues to trade within a bullish setup. At the time of writing, Solana finds itself trading close to a support level that could determine its next major move. This is because technical analysis shows that Solana is currently trading in a parallel channel that could drive prices to new highs, but holding above the $190 support level is crucial to this outlook. Related Reading: XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says Solana’s Parallel Channel Supports Bullish Expectations Solana’s price action in the past seven days has been highlighted by a notable resistance at $205. Particularly, Solana’s rallies have faced rejection at this price point about three times throughout the past seven days. This rejection is particularly notable given that Solana recently reached a new all-time high of $293 in the last 30-day timeframe. The stark contrast between this all-time high and the most recent struggle at $205 shows the intense volatility Solana has experienced in recent weeks. Despite these fluctuations, technical indicators suggest that Solana remains in a well-defined parallel channel that has been directing its price movements since July 2024. This structured price channel consists of a sequence of higher highs and higher lows. Although there have been occasional pullbacks, the broader trend suggests that buyers are still in control and preventing a major breakdown to keep Solana’s bullish structure intact. The presence of this parallel channel was emphasized in a recent technical analysis by Ali Martinez, a well-known crypto analyst. Martinez highlighted that as long as Solana maintains its position within this formation, there’s still the possibility for a recovery to $225, with a further extension toward $260. These price projections are derived from Fibonacci extension levels, specifically the 0.786 and 1.0 Fibonacci levels, projected from Solana’s October 2023 low of $125. However, for this bullish outlook to remain valid, the analyst cautioned that Solana must hold above $190. Failure to maintain this support level could invalidate the upward momentum and cause a downside move. Image from X: Ali_Charts Why $190 Is A Critical Level For Solana Despite the bullish trajectory, Solana’s ability to maintain support at $190 is crucial for sustaining upward momentum. This is because $190 is around the lower trendline of the parallel channel. Solana has tested this $190 price level multiple times since the beginning of the month, even breaking below it when it bottomed at $184 on February 3. Although it has since recovered as buyers were active in defending the price, the continued proximity to $190 indicates lingering weakness and the risk of a deeper correction if bears manage to overpower bullish defenses. Related Reading: No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade At the time of writing, Solana is trading at $193, down by about 1.47% in the past 24 hours. Featured image from Medium, chart from TradingView
Crypto experts remain hopeful that Solana could be ripe for a price surge with one analyst believing that SOL might be on track to breach the $1,000 level within the year. Some investors might find this an audacious forecast, but it is grounded on data that show the crypto has regained momentum and successfully made a run to breach the key resistance level of $197. Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA $1,000 Could Be A Reality A known crypto analyst made a bold claim that Solana could hit $1,000 and beyond in 2025, an ambitious outlook that some members of the crypto community would find a bit exaggerated. However, the crypto analyst who goes by the name Zer0 is firm in his audacious forecast that SOL will reach new heights this year. $SOL will trade above $1000 this year It’s written pic.twitter.com/POrXNsEEJe — Zer0 ????️ (@degengambleh) February 14, 2025 “SOL will trade above $1,000 this year. It’s written,” Zer0 said in an X post. In the same post, the crypto analyst presented a graph, as proof, that Solana’s track is heading toward $1,000 and even higher in the foreseeable future. Regained Momentum Some market traders may attribute this ambitious forecast to the momentum that Solana has successfully reclaimed, allowing the crypto to align itself with the overall positive sentiment in the cryptocurrency market. Another crypto analyst pointed out in its X post that Solana is rebounding or moving on an upward trend. #Solana $SOL looks ready to rebound toward $225 or even $264! Don’t miss this bullish breakout! Go to @SimpleFXcom, claim your $5,000 bonus via my link https://t.co/GLjkpQvNJr, and get some before it’s too late! pic.twitter.com/sLLxexQESD — Ali (@ali_charts) February 14, 2025 Crypto analyst Ali Martinez showed in his post that SOL has made a successful rally that pushed it to breach the critical resistance level of $197, a good indicator that the crypto could be heading for a breakout. “SOL looks ready to rebound toward $225 or even $264,” Martinez announced on his X account. The crypto expert is confident with his predictions which was shown vividly in his graph. Martinez urged not to miss the potential bullish breakout of SOL. Related Reading: XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says Positive Trajectory Meanwhile, other analysts verified the forecast for a bullish outlook for Solana, saying that the altcoin is on a positive trajectory, indicating that a price surge could only be around the corner. Data showed that SOL has the potential for a breakout with analysts claiming that the crypto could surge above $260. If that happens, the crypto will achieve a 25% gain. Some analysis revealed that the Monday low of $196 could be preparing SOL to repeat the day’s high of $210 next week. Charts showed that the next key level for the crypto is $220. Featured image from Pixabay, chart from TradingView
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Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably, this uptrend channel has been highlighted by the formation of higher lows and higher highs as Solana continued to push to new all-time highs. Now, Martinez noted that holding above a key support level could reinforce the altcoin’s uptrend towards the upper trendline of the support channel. Related Reading: Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst Analyst’s Technical Outlook: A Make-Or-Break Support Level At the time of Martinez’s analysis, Solana was trading at $193, following a barrage of declines throughout last week. Notably, this decline saw Solana hit the bottom trendline of this uptrend channel. As such, the analyst noted that SOL’s action from here could determine its next big move. If Solana manages to hold above this support level, the uptrend could regain strength, and the channel will still be in play. In this case, Solana will still be on track to push toward the upper end of the channel, which puts the price target around $387. On the other hand, if the support fails, a deeper correction could be on the table. Image From X: Ali_charts Solana Price Action: A Rollercoaster Ride To $293 And Back SOL is one of the best-performing cryptocurrencies in the current crypto cycle, with its price recently skyrocketing to a new all-time high of $293 on January 19. The rally was primarily driven by a wave of interest following the launch of the Official Trump meme coin on the Solana blockchain, adding momentum to an already bullish trend for the altcoin. However, the euphoria has since cooled off, with Solana experiencing a 30% decline since the all-time high. Since the time of the analysis, Solana has managed to rebound slightly from the lower boundary of its uptrend channel. Solana is currently trading at $204, meaning it has increased by about 5.7% since Martinez highlighted the key support zone. This reversal suggests that the uptrend channel is still in play, and Solana could continue to push upwards until it reaches $389. Interestingly, this price target at the upper end of the channel is reinforced by the Fibonacci extension indicator. Related Reading: Final Dip? Dogecoin Correction Could Precede A Record Surge—Analyst This indicator is extended from the Solana low of $109 in August 2024, and the $389 price target is at the 1.272 extension level. The significance of this extension is reinforced by the fact that Solana’s January peak also coincided with the 1.0 Fibonacci level. Despite this recovery, the bullish momentum has yet to fully confirm itself with a strong breakout. There is still a possibility that Solana could retest the lower boundary of the channel again before establishing a more decisive uptrend. Featured image from Fortune, chart from TradingView
Nigeria’s crypto scene took a big hit last year. The government banned unlicensed crypto platforms, causing panic among investors. Things got even messier when two Binance executives were detained, with one of them, Tigran Gambaryan, jailed until the U.S. government intervened to secure his release in October. This legal crackdown sent shockwaves through Africa’s largest …
Navigating the uncharted waters of the Web3 space requires a partner with a track record, cutting-edge technology, adaptability, global reach and strong ethical standards.
Pi Network has reached a record 10 million migrated pioneers, establishing itself as the largest mainnetless blockchain. The milestone marks significant progress in decentralized adoption, with plans to unleash its power on the open mainnet and Binance listing day. The core team assures no further delays for the Mainnet launch, despite Condition 3 (100 applications) …