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Blockchain technology is impacting various industries by offering enhanced security, decentralization, and user control. With its growing application in sectors like finance and digital identity, there is a rising demand for innovative blockchain solutions. To address this need, BingX, a prominent cryptocurrency exchange, has introduced BingX Labs. This new initiative is designed to support and...
The declining interest in Solana (SOL) meme coins has caused a sharp decrease in user activity on the Layer-1 blockchain.
Over recent weeks, daily active addresses and transaction counts have notably dropped, leading to a reduction in network fees and the revenue generated from them.
Solana Revenue Falters Amid Low Usage
Solana’s daily revenue has been on a downward trend since August 1...
Executives from Aave and MakerDAO, now known as Sky, have proposed forming an alliance aimed at improving the sustainability of decentralized finance (DeFi).
This proposal comes as the sustainability of DeFi has recently become a topic of concern, with key industry leaders addressing potential challenges to the sector’s long-term viability.
Aave to Collaborate with MakerDAO
Aave network...
Shiba Inu (SHIB) coin price has recently faced significant challenges, struggling to escape the consolidation phase throughout August.
Despite multiple attempts to break free, SHIB has remained under pressure, failing to establish a clear upward trajectory. The cryptocurrency’s inability to escape this range has left investors wary as market conditions weigh heavily on SHIB’s price movement...
Chainlink’s (LINK) price follows the broader market cues and, as a result, is currently stuck and moving sideways.
However, the opportunity for a breakout is around the corner, and it will be presented by the Bollinger Bands.
Key Indicator for Chainlink
Chainlink’s price hovered between $9 and $12 for most of the previous month. This, however, is not an uncommon occurrence for LINK. In...
In June 2024, Gate.io launched the sixth edition of the World Cryptocurrency Trading Competition (WCTC S6).
This series of events, lasting approximately two months, recently concluded. According to the data, nearly 100,000 participants joined this competition, setting a new record for the series. This figure highlights the high level of global interest in cryptocurrency trading while also...
TOKEN2049, the world’s largest Web3 conference, announced a collaboration with spatial sound pioneers Polygon Productions for AFTER 2049, the official closing event of this year’s highly anticipated Singapore edition.
Set to redefine live music experiences with spatial audio technology, Polygon Productions will combine binaural sound and synchronised lighting to curate an immersive sensory...
Dogecoin’s (DOGE) recent effort to break above the upper line of its falling wedge pattern was met with resistance from bears. The increased selling pressure pushed DOGE’s price below its 20-day exponential moving average (EMA).
As buying pressure diminishes, Dogecoin may continue to move within this downward channel for a bit longer.
Dogecoin Sellers Prevent Rally Above Upper Trendline...
Notcoin (NOT)’s price, which has decreased by 28% within the last 30 days, is recovering today. At press time, NOT trades at $0.0084, suggesting that the broader market condition could be stabilizing.
Will the cryptocurrency be able to sustain the hike? This on-chain analysis examines the possibility.
Sentiment Around Notcoin Nears Remarkable Switch
Exactly three months ago, Notcoin (NOT...
Meme coin enthusiasts are caught in a battle between two leading platforms: SunPump and Pump.fun. SunPump operates on the Tron blockchain, while Pump.fun runs on Solana, with each platform offering unique models for token generation.
These meme coin launchpads have both emerged as market leaders, inadvertently competing for dominance in the space. Traders are watching closely to see which...