The number of daily active wallets has increased by 37% year to date. Solana’s DEX trading volume nearly doubled during the week. The popular smart contract blockchain Solana (SOL) has been experiencing active network participation since early March. Solana has seen a surge in active wallets. Analysis of AMBCrypto’s Step Finance dashboard shows that the number of daily active wallets is up 37% year to date, with 794.9K on March 7 the second-highest figure of 2024. Source: Step Finance A unique active wallet is one that pays fees for at least one transaction within a given period of time. As…
Author: Crypto Flexs
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Bone, one of the Shiba Inu’s native tokens, is a unique expression of community support and unity. ShibaSwap (BONE) Placed in the top five in Binance’s Future NEXT program with the goal of securing a top spot for potential token listings. SHIB Community Rally 20,000+ BONE Recommendations that much Shiba Inu Community They rallied around the BONE token, helping it secure a top position in Binance’s Future NEXT program, demonstrating incredible support for the fast-growing ecosystem. Initially in the 14th position With Binance’s new program, BONE has quickly made exponential leaps forward. climb more than 10 stairs Place 3rd in…
Ackman said, “Rising Bitcoin prices lead to increased mining and increased energy use, which leads to higher energy costs, which leads to higher inflation and a lower dollar value, which in turn drives increased Bitcoin demand and mining, which in turn drives increased energy demand, and the cycle continues.” “He said. From X’s post.
Floki cryptocurrency dazzles Times Square with three-month advertising blitz March 8, 2024: Crypto sensation Floki is set to take over New York City’s bustling Times Square with a landmark advertising campaign. Starting March 15, Floki’s ads will be displayed non-stop for three months on giant HD LED screens, ensuring the digital coin’s presence is etched into the minds of New Yorkers and tourists alike. Towering over the corner of 1500 Broadway at West 43rd Street, Floki’s advertising will dominate a massive double-sided LED screen measuring 56 feet wide and 29 feet high. At five stories tall and 1,624 square feet,…
Posted 1 minute ago In ~ Zito J.T.O. +2.50% laboratory, Solana brush +0.89% Client developers have scaled back the mempool provided through the Jito block engine after ‘sandwich attacks’ against Solana users intensified for several weeks. In a sandwich or maximum extractable value (MEV) attack, a sophisticated bot that discovers a specific type of pending trade can leverage that knowledge to design its own trades to profit at the expense of retail traders. MEV attacks are common on Ethereum, which has a built-in mempool, while Solana does not have its own mempool. However, the introduction of Jito Block Engine by…
Redmond, Washington March 4, 2024 – $KARMA launched the largest fungible token airdrop in Bitcoin history on February 27th, reaching over 61,000 wallets. In true Web3 tradition, this collection was initiated by the seven-member $KARMA Committee, bringing together ten key Ordinals communities in support of $KARMA’s mission.The $KARMA Committee’s airdrop aims to create a sense of community among early Ordinals participants and strengthen the burgeoning ecosystem. Strength in Numbers: Growing the Ordinals Ecosystem$KARMA is a token launched by a council of seven members, including four representatives of the OnChainMonkey (OCM) community: Soldman Gachs (@DrSoldmanGachs), Fitzy (@fitzyOG), Rabbi (@RabbiGains), and Drheref…
Floki (FLOKI) is preparing an ambitious advertising campaign to showcase its eponymous meme token in New York’s iconic Times Square over the course of about three months. Floki lights up Times Square Floki is running a strong advertising campaign in New York’s Times Square Plaza, with ads running continuously on large HD LED screens starting March 15th. The initiative aims to attract the attention of both New Yorkers and visitors to increase visibility for MEMCOIN. Floki’s strategically placed ads occupy a prominent position next to the Nasdaq billboard around 1500 Broadway on West 43rd Street in New York. The digital…
XRP, the native token of the Ripple network, has been a roller coaster ride for the cryptocurrency. After a year of significant price fluctuations and high-profile lawsuits, XRP is at a crossroads. Could technical indicators indicate a long-awaited uptick? Or is the recent decline a sign of potential pre-fall profit taking? Is XRP Ready for a Breakout? Technical analysts are closely watching the price movement of XRP. Cryptocurrencies appear to be on the verge of breaking out of their multi-year symmetrical triangle formation. Characterized by the convergence of price channels, this pattern often precedes significant price increases. If XRP can…
Bitcoin (BTC) miners are investing billions of dollars in equipment and consuming energy at unprecedented rates to maximize profits ahead of the upcoming April halving event. According to Bloomberg, the resurgence in Bitcoin mining activity is primarily driven by the recovery of the cryptocurrency. The world’s largest digital asset by market capitalization recently hit an all-time high after losing 64% of its value in 2022 due to industry turmoil. This resurgence has been fueled by the introduction of spot Bitcoin exchange-traded funds (ETFs) and rising expectations of the halving, which occurs every four years and limits the supply of new…
Posted 1 minute ago In ~ MakerDAO implemented temporary changes to fees to strengthen its protocol as holdings of the dollar-pegged stablecoin dai decline due to a period of “increased volatility and bullish sentiment.” This proposal follows Dai supply plummeting from $5 billion to $4.4 billion last week. According to the proposal, a member of BA Labs: maker MSEK +16.29% Stability Advisory Committee. Dai remains overcollateralized, but some of that collateral is placed in real-world asset (RWA) vehicles, which could lead to a potential liquidity crisis if more Dai selling continues. “Liquid stablecoin reserves and reserves deployed in RWA are…