Electric Capital’s 2024 Developer Report has revealed that for the first time since 2016, Solana outpaced Ethereum as the leading blockchain ecosystem for attracting new developers. The breakthrough highlights Solana’s rapid growth, with 7,625 new devs joining the network in the last 12 months, representing an 83% year-over-year increase. Rise in Developer Activity The report, released on December 12, looked at more than 902 million code commits across 1.7 million...
Read More »Ethereum Overtakes Tron as the Leading Network for USDT Supply
Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency. Strategic Expansion Figures shared by the on-chain data platform Token Terminal show that Tether’s $20 billion issuance on the world’s largest blockchain by total value...
Read More »ETH Seems Primed to Take Down $4K After Recent Rebound: Ethereum Price Analysis
Ethereum has been oscillating within the critical $3.5K–$4K range, with its price recently finding support near the lower boundary at $3.5K. Following this rebound, the bulls are attempting a renewed push toward the $4K resistance level. Technical Analysis By Shayan The Daily Chart The upward momentum in Ethereum’s price met a pause at the $4K resistance, which has proven to be a key selling zone. This rejection led to a decline toward the lower boundary of the range at...
Read More »Cardano (ADA) Jumps by 15% Daily: These 3 Bullish Factors Suggest a Further Rally
TL;DR Cardano’s price soared to as high as $1.17, with market cap surpassing $40 billion amid bullish network indicators. 73% of ADA investors are now in profit, a sharp recovery from August’s lows when the majority of the token’s holders were underwater. ADA Heads North The cryptocurrency market experienced a notable recovery in the past 24 hours, with multiple leading digital assets charting impressive gains. Bitcoin (BTC), for instance, jumped above $100,000 again, while...
Read More »Top Ethereum (ETH) Price Predictions: New ATH or Another Severe Correction?
TL;DR Analysts predict ETH could hit $5,000 or even $10,000, with key resistance at $3,750 signaling a potential breakout. Rising daily active addresses and positive network growth suggest increasing Ethereum adoption, supporting a bullish outlook. Where’s ETH Headed Next? The second-largest cryptocurrency was on a tear last week, with its price briefly surpassing $4,000 on December 6. This was the highest level witnessed since March 2024. Since then, though, ETH started...
Read More »Xai Announces Details for “Airdrop Battle Pass” Follow-Up to $45 Million Sentry Key Sale
[PRESS RELEASE – George Town, Cayman Islands, December 10th, 2024] Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55). Xai’s initial Sentry Key sale in December, 2023 raised over ~$45 million in ETH (USD Value). Since then, Xai has invested heavily into...
Read More »Warum Meme Coins Solana bevorzugen: Das Ende von Ethereums Dominanz?
Solana ist ein öffentliches Blockchainprojekt. Es ist quelloffen und dezentralisiert, wobei der Konsens durch Proof of Stake und Proof of History erreicht wird. Ihre interne Kryptowährung trägt das Kürzel SOL. Die Plattform wird auch mit Projekten wie Ethereum verglichen Die Welt der Kryptowährungen wird zunehmend von Meme Coins beherrscht, einer kuriosen Mischung aus Humor und Spekulation. Doch warum entscheiden sich immer mehr Entwickler dafür,...
Read More »Next Warren Buffet’ Turns Bearish On XRP price After cashing Out $122 Million, Says This Little-Known Altcoin Will Rally 56,000% To Outperform Cardano
The crypto world is abuzz with the bold moves of the ‘Next Warren Buffett,’ who recently cashed out a staggering $122 million from XRP. His decision to go bearish on the XRP price and shift focus to WallitIQ (WLTQ) has sparked intense interest, with analysts predicting a potential 56,000% rally for this under-the-radar Ethereum altcoin. With Cardano (ADA) also in his sights, the financial guru sees WallitIQ (WLTQ) as the ultimate disruptor poised to leave other altcoins in the dust....
Read More »Mog Coin Overtakes Popcat Market Cap, Could Viral Catslap Meme Coin Be Next to Explode?
Move over Popcat – there’s a new cat coin topping the market. Mog Coin overtook Popcat in the market cap rankings despite its price dropping in the past 24 hours. With MOG seeing renewed interest, some investors are starting to check out other cat-themed meme coins, like Catslap. This new Ethereum-based coin has been getting a lot of buzz lately – with some traders thinking it’s about to explode. Mog Coin vs Popcat – The Battle to Become the Top Cat Coin MOG has had a rough...
Read More »Meme Coin Bloodbath: BONK, FLOKI, WIF, SHIB, and DOGE Crash by Double Digits
The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars into hundreds of thousands or even millions, the meme coin niche remains highly-volatile and risky, especially in times of...
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