Sticky post

Solana TVL drops 32.4% as FTX turbulence shakes the ecosystem

Since the news of FTX’s collapse affected the cryptocurrency ecosystem, the total value blocked (TVL) on the Solana network has dropped by 32.4% in the last 24 hours. According to DefiLlama, Solana’s TVL has dropped to USD 423.68 million, 32.4% lower in the last 24 hours, and is still a long way from its all-time high (ATH) of $ 10.17 billion on November 9, 2021. … Continue reading Solana TVL drops 32.4% as FTX turbulence shakes the ecosystem

Sticky post

Magic Eden’s NFT Marketplace Switches to an Optional Royalty Model

Magic Eden, a Solana non-fungible token (NFT) mainstay, is switching to an optional royalty model, according to a Friday night Twitter thread. The company also announced that it will waive its 2% platform fee, effective later Friday. The move follows a controversial trend set by other popular NFT marketplaces like X2Y2, which have opted to make royalty payments optional in a bid to attract more … Continue reading Magic Eden’s NFT Marketplace Switches to an Optional Royalty Model

Sticky post

Solana Launches a New Crypto Smartphone but also a Web3 Developer Kit

Anatoly Yakovenko, the CEO of Solana Labs, announced the launch of a software development kit for Web3 programs called “Solana Mobile Stack (SMS)” on June 23 in New York, as well as the delivery date of its new crypto phone: The “Saga.” Solana’s new smartphone, according to Yakovenko, will cost around $1,000 and will be available for purchase early next year. The phone’s flagship specs … Continue reading Solana Launches a New Crypto Smartphone but also a Web3 Developer Kit

Sticky post

Solana vs Avalanche- Which one is better?

What is Avalanche? Avalanche is a blockchain platform that uses the AVAX currency as its native currency. Avalanche is a cryptocurrency that competes with Ethereum in terms of scalability and transaction processing speed. The Avalanche blockchain is secured via AVAX, which is also used to pay transaction fees across the network. AVAX Tokenomics Max Supply: 720 million Total Supply: 391 million Circulation Supply: 220 million … Continue reading Solana vs Avalanche- Which one is better?

Top Metaverse Crypto Projects.

Metaverse projects on blockchain networks are powered by fungible tokens, which are divisible and can be exchanged for one another. These tokens are used to purchase digital assets such as virtual land or avatar outfits. They can also be exchanged for other cryptocurrencies or fiat currencies. The Sandbox: The Sandbox is a decentralized NFT gaming metaverse based on Ethereum that allows users to create, sell, … Continue reading Top Metaverse Crypto Projects.