solana

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Solana Surges: Price Breaks $160, Ecosystem Expands, And Magic Eden Launches $ME Token

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Solana’s ecosystem has been buzzing with activity over the past 30 days. Its price briefly surged past $160 before sliding back to $147, reflecting high volatility amidst global crypto developments. Despite the price fluctuations, Solana’s ecosystem continues to grow, with Total Value Locked (TVL) rising to an impressive $5.15 billion. Solana Ecosystem Growth and TVL … Read more

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

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In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag … Read more

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

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Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in … Read more