
April 18th, 2025
The Solana (SOL) network is a thriving Web3 ecosystem, with nearly $5B in TVL, bolstered by institutional investors and retail traders.
Bybit CEO provided a link to the exchange’s proof-of-reserves (PoR) and a Nansen dashboard displaying all the cryptocurrencies held by the platform.
The company urged users of the platform to withdraw their assets before August 28, as it plans to delist all tokens.
Solana’s potential ETF approval could skyrocket its market presence, leveraging its high-speed, low-cost transactions for mainstream adoption.
While some are clamouring to have a SOL spot ETF, others such as Bitwise Investment CEO Hunter Horsley see no reason for it.
Despite the competition, Ethereum’s ecosystem benefits from a rich developer community and a vast array of dApps that drive its value and utility.
Most of the losses came from traders who had taken long positions, hoping for a rise in the value of BTC and Ether.
The surge in LINK price can be attributed to the announcement of the partnership between DTCC and the decentralized Oracle network.
The Internet Computer (ICP) has grown significantly in the past three years backed by top investors such as Andreessen Horowitz, Polychain Capital, and Multicoin Capital.
The company is also working towards catering to the specific needs and preferences of its European users.
Cypher Protocol core contributor shared on-chain data showing how Hoak transferred $317,000 worth of Solana, USDT, and USDC, to his addresses on Binance.
The attorneys representing Salame have informed the court that their client was not involved in the inner circle of FTX led by convicted Sam Bankman-Fried (SBF).
The funding will be vital in aiding the development of the Zeta Markets’ Layer 2 solution on the Solana blockchain.
While Degen grapples with its recent network downtime, the platform is not the only blockchain protocol facing such challenges lately.
Amidst the recent market downturn, which resulted in over $130 million being liquidated, the crypto market’s current market capitalization is approximately $2.26 trillion.