The Solana ecosystem is thriving, with decentralized applications (dapps) achieving unprecedented success. In November, dapps built on Solana recorded a milestone, generating a record-breaking $365 million in revenue, according to Syndica research. This figure significantly outpaced Solana’s network revenue, which stood at $92 million. Key Highlights: Top Performers: Over 30 protocols exceeded $1 million in […]
Introduction: The Evolution of Uniswap Uniswap has remained a cornerstone of the decentralized finance (DeFi) landscape. Its journey from v2 to v3 has been marked by groundbreaking innovations aimed at improving efficiency, flexibility, and control for liquidity providers (LPs) and traders alike. While v2 focused on simplicity and accessibility, v3 introduced advanced tools for optimizing […]
When evaluating Ripple and Solana for investment in 2025, it’s important to assess both short-term performance and long-term potential. These two cryptocurrencies offer distinct advantages based on their unique use cases and technical capabilities. Here’s a detailed comparison: 1A. Core Strengths and Use Cases (Ripple) Focus: Ripple is optimized for facilitating low-cost, fast international transactions. […]
Ethereum has long been the backbone of decentralized finance (DeFi), gaming, and other Web3 applications. However, as adoption surges and transaction volumes climb, especially on Layer 2 networks, the big question looms: Is Ethereum ready to handle the load? The State of Ethereum L2s in 2024 Layer 2 networks like Base (by Coinbase) and Optimism […]
Stellar (XLM) is drawing attention due to its recent integration of smart contracts. This move aims to attract more decentralized applications, marking a crucial shift for Stellar’s network. By enhancing functionality, Stellar is a strong player in the decentralized finance (DeFi) sector. Following this October announcement, XLM saw a price boost from $0.1028 to $0.1186, […]
While the broader Ethereum ecosystem has been riding the bearish market sentiment, Coinbase’s Layer 2 solution, Base, has been scaling new heights. Since its launch in mid-2023, Base has consistently outperformed its Layer 2 peers, setting all-time highs for weekly active wallets, transactions, and decentralized exchange (DEX) activity. So, what’s fueling this rapid ascent, and […]
Lightning Labs has announced something exciting: Taproot Assets on Bitcoin.This new tool lets users create special digital items on Bitcoin and move them quickly and cheaply using the Lightning Network. This is a big step because it’s the first time different types of digital items can be used on Bitcoin’s main system. This makes Bitcoin […]
Decentralized exchanges, or DEXs, have emerged as a game-changing force in the world of cryptocurrencies. These innovative trading platforms are built on blockchain technology and operate without the need for central authorities or intermediaries. In this deep dive, we’ll explore the inner workings of decentralized exchanges, their rapid growth, and the key projects shaping the future of decentralized […]
Much like depositing funds in a savings account provides commercial banks with capital for giving out loans; also, holding crypto in yield-bearing “accounts” enables Decentralized finance platforms with the necessary capital to operate, while in return they give the platform’s token to the investor as interest. The Demand Level for Yield Farming Amplifies Yield farming […]
