Author: John Smith
Ink, a layer-2 blockchain developed by crypto exchange Kraken and built on the Optimism Superchain, is now live, with oracle platform RedStone as an official partner. The Ink Chain mainnet launched on Dec. 18, months ahead of the previously announced plans to debut in Q1, 2025. RedStone confirmed its partnership with Ink in a press release, stating that it has been selected as the official partner for decentralized finance. The partnership will leverage RedStone’s modular architecture to provide real-time price feed data. RedStone enables users to securely interact with and utilize accurate, real-time data across the DeFi ecosystem, including Bitcoin…
Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools. According to Syndica’s research, Solana (SOL) native DApps garnered $365 million in revenue during November 2024, a new monthly high for the popular layer-1 blockchain network. Solana’s decentralized finance ecosystem was the leading port of call for revenue. SOL DeFi comprised almost 84% of cash raised last month, compared to wallets and infrastructure, which attracted less than 15%. Among DeFi activity, meme coins and meme-supportive protocols dominated SOL revenue. Meme coin DApps monthly revenue surged 305-fold in 2024, raking in over $500…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZverse (XYZ) aims to reach $10 before Cardano (ADA) reclaims 2021 highs. As the cryptocurrency market surges to new heights, XYZverse (XYZ) is making waves with its bold ambition to leap from fractions to double-digit values before established giants like Cardano (ADA) reclaim their former glory. This emerging contender is capturing the interest of investors seeking substantial returns amid the exhilarating altcoin rally and the revival of meme-inspired coins. As an all-sport meme coin, XYZVerse embodies this potential through…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s community shifts focus to Lightchain AI for its growth potential. The Dogecoin (DOGE) community, one of the most loyal and enthusiastic groups in the crypto space, is no stranger to spotting emerging opportunities. While Dogecoin thrives on its meme status and strong community support, a rising project — Lightchain AI (LCAI) — is catching their attention. Combining blockchain technology with artificial intelligence (AI), Lightchain AI has quickly become one of the most talked-about tokens in crypto, offering real-world…
Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender’s governance forum to deploy Aave v3 on Sonic. Sonic Labs announced the mainnet launch of its layer-1 Ethereum Virtual Machine-compatible blockchain Sonic on Dec. 18. The new governance proposal seeks community support that would allow the integration of Aave (AAVE) v3, currently with a total value locked of over $22 billion, to the new L1 blockchain. “This Temp Check seeks the community’s input on the deployment of Aave V3 on Sonic Mainnet,” proposal’s author ACI noted. The Sonic Foundation has committed to providing…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PropiChain looks to outperform the Cardano price action with a predicted 30,000% ROI. The Cardano (ADA) price surged with impressive upward momentum in the recent rally but has slowed over the past two weeks. While Cardano has lost demand, the emerging RWA altcoin PropiChain (PCHAIN) continues to witness increasing investor participation in its presale due to its 30,000% upside potential. Cardano to breakout from rejection trendline The Cardano price surged over 300% with the massive rally in November. However, when…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin reaching $150k could spark massive price rallies for altcoins like XYZVerse and Dogecoin in 2025. As Bitcoin (BTC) edges closer to unprecedented highs, the crypto market buzzes with excitement over altcoins that could ride this wave. Analysts suggest that if BTC hits the projected $150,000 mark, tokens like XYZVerse (XYZ) and Dogecoin (DOGE) might see their values surge significantly. As such, the year ahead could be transformative for investors eyeing these potential breakout stars. XYZVerse emerges as the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI ignites excitement as crypto watchers predict Solana-style 17,100% surge. Lightchain AI (LCAI) is transforming the blockchain industry by merging Artificial Intelligence (AI) with decentralized technology. The Lightchain AI presale is live, offering tokens at an entry price of $0.003. This altcoin presents immense potential, drawing comparisons to Solana (SOL), which experienced explosive growth just a few years ago. What sets Lightchain AI apart from other altcoins In the realm of cr͏yptocurrency͏, Lig͏htchain AI stands out with its approach…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Comparing IntelMarkets and Bonk as Solana targets $500 by Christmas. Christmas is known to bring huge surges to the crypto market. As the days till Christmas count away, many analysts are wondering what the season will bring to cryptocurrencies like Solana (SOL) and Bonk (BONK). At the same time, IntelMarkets (INTL) is emerging among the best crypto bets for this festive period. Solana $500 price possible by Christmas Solana’s fast and low-cost blockchain has become a game-changer for decentralized…
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective. Speaking at a routine conference after announcing monetary decisions, Fed chair Powell stated that the U.S. central bank cannot own Bitcoin (BTC) and, thus, is unable to hold a BTC reserve. The bank regulator stressed that current laws do not authorize a Fed BTC reserve. America’s apex bank is also disinterested in any law changes that would permit a formally recognized government-managed BTC stockpile, Powell added. Powell shared the remarks shortly after the year’s last Federal Open Market Committee, where the Fed…