In a groundbreaking revelation from Electric Capital’s 2024 Developer Report, Solana has emerged as the frontrunner in attracting new developers for the first time since 2016, overtaking Ethereum. This shift marks a significant milestone for the Solana ecosystem, which welcomed an astonishing 7,625 developers over the past year—a staggering 83% increase compared to the previous
Crypto
Chainlink (LINK) has recently captured the attention of the cryptocurrency market, breaking through the $29 threshold for the first time in over three years. This resurgence is marked by a substantial 21% increase in value over the past week alone, positioning LINK among the top-performing altcoins during this period. The driving force behind this impressive
In a significant move for Ethereum’s ecosystem, the Eigen Foundation has unveiled a commitment to designate 1% of its EIGEN token supply to the Protocol Guild. This initiative underscores the Foundation’s dedication to fostering Ethereum Layer 1 research and development (R&D). The Protocol Guild, comprising a network of over 180 contributors from 29 different teams,
In the ever-evolving landscape of cryptocurrency, Ethereum has recently consolidated its dominance over Tether’s USDT issuance, eclipsing Tron in a significant shift concerning stablecoin supremacy. Tether, the issuer of the popular stablecoin USDT, has made headlines by minting a staggering $20 billion in USDT on the Ethereum blockchain in just a month. This development highlights
Ethereum, the second-largest cryptocurrency by market capitalization, is at a decisive moment in its trading journey, teetering between the crucial $3,500 and $4,000 thresholds. Despite recent fluctuations, the altcoin has found robust support at the lower end of this range, signaling a possible resurgence for bullish investors. With the bulls gearing up for another assault
The decentralized finance (DeFi) arena continues to evolve with innovative projects that aim to reshape traditional financial frameworks. A significant player in this space is World Liberty Financial (WLFI), which has recently made waves by securing a substantial $12 million investment, a move that exemplifies both ambition and strategic foresight. This article delves into WLFI’s
In the ever-evolving landscape of cryptocurrency, Bitcoin has once again proven its resilience. After a brief lull at the beginning of November, Bitcoin (BTC) surged from $68,000 to an astonishing peak above $100,000 within a mere month. This remarkable upward trajectory has positioned Bitcoin as a standout asset amidst the fluctuating performances of traditional markets,
The cryptocurrency realm, characterized by its rapid innovations and decentralized structure, is increasingly becoming a hotspot for fraudulent activities. A particularly alarming trend has surfaced where scammers are leveraging the power of social media to ensnare unsuspecting individuals. By creating fake accounts and impersonating reputable figures in the crypto world, these fraudsters are able to
Bitcoin (BTC) has been at the forefront of cryptocurrency discussions, particularly as it recently fluctuated dramatically. After breaking below the $94,500 mark, the leading cryptocurrency bounced back, nearing $99,000. This volatility has not only kept traders on their toes but has also ignited speculation about its next moves. Analysts are currently projecting potential targets between
In a significant move that reverberates across the cryptocurrency market, Binance, the world’s largest cryptocurrency exchange, has announced a new round of delistings affecting several altcoins, including the popular meme coin PEPE. This decision, set to take effect on December 13, aims to maintain a high-quality trading environment by reviewing trading pairs based on factors
