Blockchain

An analysis by market intelligence platform IntoTheBlock has discovered the number of daily active addresses for major cryptocurrencies. This metric offers insights into the intensity of user activity on these networks. According to data gathered by IntoTheBlock, these crypto assets include large-cap altcoins like Solana (SOL), meme coins like Dogecoin (DOGE), and the largest of the bunch Bitcoin (BTC). Solana Tops the List Atop the list is Solana, with a daily active address...

A digital asset lobby group backed by Coinbase, Stand With Crypto, has been forced to change its crypto-friendly ranking of Democratic presidential candidate Kamala Harris. The group, which runs a website that ranks the level of support U.S. politicians have shown for crypto, had characterized Harris as “Supports Crypto,” giving her a “B” grade. Group Deemed Harris’ New York Remarks Supportive of Crypto The ranking followed remarks the Vice President made on September 22 at a...

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LINK, the native cryptocurrency of the Ethereum-based decentralized blockchain oracle network Chainlink, has witnessed a price breakout fueled by strong on-chain activity and increasing investor confidence. An analysis by blockchain intelligence platform Santiment revealed that technical indicators for LINK suggest there is a potential for continued price gains and that the asset’s long-term outlook remains positive. Positive Sentiment Around Chainlink According to Santiment,...

It looks like Pepe is back and ready to take the meme coin market by storm again. The iconic frog mascot’s newest venture, Pepe Unchained (PEPU), has raised over $15 million in presale. With the development of a Layer-2 blockchain now underway, many expect PEPU’s upcoming exchange launch to be a must-watch event. Pepe Unchained Disrupts Meme Coin Space with Layer-2 Technology If you’ve been out of the loop on the latest crypto trends, you might be wondering what’s behind all...

[PRESS RELEASE – Victoria, Seychelles, September 26th, 2024] Bitget Wallet, a leading Web3 non-custodial wallet, has surged to become the most downloaded globally, achieving nearly 2 million monthly app downloads in August, according to App Store and Google Play data. The platform now boasts over 30 million users globally, fueled by its mission to simplify Web3 access for the next billion users. During the TOKEN2049 conference, Bitget Wallet unveiled its roadmap for expanding...

Vitalik Buterin, co-founder of Ethereum, took to social media platform X to commend Celo’s growth. The blockchain network recently outpaced Tron in daily active addresses for stablecoin usage. Celo’s Growth In his post, Buterin expressed enthusiasm for the achievements, stating: “This is amazing to see. Improving worldwide access to basic payments and finance has always been a key way that Ethereum can be good for the world, and it’s great to see Celo getting traction.” At...

Ethereum (ETH), the second largest cryptocurrency, has failed to reclaim the $3,000 price mark since early August. However, things could begin looking positive for the asset once again. An analyst from the blockchain analytics platform CryptoQuant has shared a chart explaining how a continued cash inflow into the Ethereum futures market could elevate the biggest altcoin. Source: CryptoQuantFunding Rates to Drive ETH’s Price Rebound According to the analyst, the perpetual...

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily...

[PRESS RELEASE – Alberta, Calgary, September 25th, 2024] The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than 100-fold improvement over previous iterations. This rapid advancement in speed, security, and scalability sets the stage...