Tag: Solana

StarkNet STRK token sees 10% surge following ambitious 2024 roadmap reveal

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! đź‘‹ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you […]

Vibrant Finance leverages Neon EVM for groundbreaking DeFi exchange innovation

[ad_1] Decentralized exchange (DEX) Vibrant Finance has launched on Neon EVM, a Solana-based platform, marking its foray into the non-Ethereum DeFi landscape, according to a Feb. 23 press release. The DEX utilizes the Discretized-Liquidity Automated Market Maker (DL-AMM) model to overcome existing limitations within traditional DeFi exchanges. Vibrant Finance CEO Jimmy Yin expressed enthusiasm about […]

Is Ethereum Overvalued, Similar ‘To Meme Coins Like Shiba Inu’?

[ad_1] A crypto investor, Fred Krueger, thinks Ethereum is overvalued at spot rates. Referring to X, Krueger added that  Ethereum supporters are “detached from reality” after ETH, the native currency, recently broke above $3,000. The investor pointed to the general declining on-chain activity, fierce competition from alternatives like Solana and Avalanche, for instance, and regulatory […]

Developer Explains Why Meme Coins Are Shifting Base From Ethereum

[ad_1] Foobar, a code builder, criticizes Ethereum, accusing its developers of neglecting crucial improvements. Because of this shift, projects, including meme coin issuers, are adopting alternative protocols, including layer-2s and modern blockchains like Solana, which boast more features, mostly higher scalability.  Ethereum Developers Are Blocking Mainnet Updates Taking to X, the developer claims that there have […]

Ethereum, Solana see gains as Bitcoin’s rally above $50,000 causes $184 million liquidations

[ad_1] Bitcoin’s surge past $50,000 catalyzed a broader market upswing, propelling numerous large-cap alternative digital assets such as Ethereum (ETH), Solana (SOL), and others to significant gains. According to data from CryptoSlate, Ethereum saw a 7% uptick, reaching $2,661, while SOL surged 8% to hit $114. Among the top 10 digital assets, Avalanche’s AVAX spiked […]

Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity

[ad_1] Solana-based Jupiter airdrop has generated substantial excitement, driving decentralized exchange (DEX) trading activity on the layer1 blockchain network beyond that of Ethereum. Data from DeFillama shows that Solana-based DEXs facilitated trades totaling $1.14 billion in the last 24 hours, surpassing the approximately $1.13 billion traded on Ethereum-based platforms during the same period. This achievement […]

Forget High Gas Fee Challenges, Ethereum Remains Bullish: Time To Buy More?

[ad_1] Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 […]

Solana shows renewed strength against Ethereum in SOL/ETH ratio

[ad_1] The SOL/ETH ratio, a metric comparing the value of Solana (SOL) to Ethereum (ETH), offers a clear lens to assess Solana’s standing in the competitive Layer-1 (L1) blockchain space. Amidst Solana’s growing user base and increasing market capitalization, this ratio is a vital tool for gauging its position as one of Ethereum’s most formidable […]

Is Ethereum (ETH) Ready For A Monster Move In January 2024?

[ad_1] In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull […]