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Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days

The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin…

Continue ReadingStablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days

Solana Announces Recommendations and Measures to Deal With Network Congestion

The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and…

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Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers

Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42%…

Continue ReadingJupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers

Solana (SOL) Flips BNB But These Altcoins Are Outperforming 

Solana’s market capitalization has topped $90 billion following a 10% gain on the day for SOL. This has driven token prices to just below $205, the highest level since December…

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Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB

Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and…

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Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases

Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction…

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Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B

In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens…

Continue ReadingStablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B