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Solana (SOL) has emerged as a solid competitor to Ethereum (ETH). The SOL network has seen incredible growth over the last few years. Transaction fees and time have also seen a dramatic decline on the SOL network. These aspects have led to many developers choosing the SOL network over ETH. Also Read: De-dollarization: Devere CEO Warns Dollar Supremacy Cracking as Asia Dumps USD Solana’s Price If Its Market Cap Equals Ethereum Source: Blockworks Ethereum (ETH) has a market cap of about $222.33 billion. Solana (SOL), on the other hand, has a circulating supply of about 520 million coins. Also Read: $280 Price Target Projected for Amazon Stock (AMZN) Let’s assume that the number of SOL coins in circulation remains the same. In this scenario, the price of each coin will hit $427.56. SOL’s price will rally by about 189.69% if it hits the $427.56 target. Reaching $427.56 will also be a new all-time high for the asset. When Will the Asset Breach the $400 Mark? Solana (SOL) ha...

For the first time in many weeks, trading on Friday, December 20, raised the question of whether Bitcoin (BTC) will continue soaring like Led Zeppelin or if it will fall like a ‘lead zeppelin.’ Specifically, despite trading above $108,000 just days earlier – on December 17 – BTC collapsed to its press time price of $92,398 – a 9.52% 24-hour drop. BTC 7-day price chart. Source: Finbold Though the needle has moved somewhat in recent weeks, $92,000 has, on several occasions, been designated as the final stop before a plunge toward $85,000, most notably by the prominent cryptocurrency analyst on X, Ali Martinez. Picks for you Bloodbath: Crypto traders lose $1.4 billion in 24 hours of massive liquidations 1 hour ago XRP cr...

Dogecoin has been stagnant in price this month, as the entire cryptocurrency market is in a bearish state. However, DOGE active users remain high, recently rising as much as 32%. With the boost in activity around the meme coin, will its price also rise as the month closes out? According to IntoTheBlock data, Dogecoin has seen a 32% surge in daily active addresses over the last 24 hours. Transactional activity has remained steady around DOGE for a slow year. Multiple crypto experts have been stumped as to why the leading meme coin hasn’t had as big of a growth as rival meme coins SHIB and FLOKI. At press time, the asset is in a precarious position, trading barely over $0.10. In addition, a recent IntoTheBlock Analysis also revealed that most DOGE holders are in a profit. This correlates to why trading activity is up, perhaps indicating holders taking advantage of their profits. Will Dogecoin Rise at the end Of August? Also Read: Ripple XRP Can Now Be Used To Buy Gold Typically, p...

As Bitcoin hovers around $51,000 amidst ongoing market turbulence, altcoins may drop further until the market stabilizes and cools off. However, this offers a great chance for investors to buy at discounted prices as the crypto market nears its next bull cycle. In this environment, savvy investors are turning their attention to promising altcoins and meme coins, viewing the current dip as an opportunity to build their portfolios. With prices lower than usual, it’s an ideal time to acquire assets that may see significant appreciation once the market recovers. As the crypto space braces for the next bull cycle, those who act now could benefit from substantial gains when the market rebounds. This article contains a list of top altcoin picks for the current crypto dip. Ethereum (ETH) Ethereum has been highlighted as a key asset to watch during the current market dip. Ethereum has demonstrated resilience, despite recent price fluctuations. Over the past month, $ETH has fluctuated b...

The launch of US Ether spot ETFs has renewed optimism among market participants. Although the broader crypto market has witnessed a decline, select tokens are on the increase. New cryptocurrency releases, listings, & presales today are gaining attention due to their current attractiveness investment opportunity. These tokens offer attractive opportunities due to their potential for substantial returns and low entry costs. InsideBitcoins helps in this exploration by curating such tokens offering insights into their Features , utilities, and market prospects. New Cryptocurrency Releases, Listings, and Presales Today WienerAI’s ($WAI) presale ends today, offering investors a last chance to engage before its market debut. Ta-da offers a strong solution for efficient, high-quality, and diverse data collection. Three Protocol decentralizes marketplaces to enhance e-commerce and real-world asset (RWA) inclusivity for unbanked crypto users and privacy-focused individuals.  R...

Embattled Indian cryptocurrency exchange WazirX is facing a backlash after proposing a “socialized loss strategy” following a hack that caused $230 million in losses.  The criticism erupted on July 27, when the exchange tabled a poll dubbed “ Withdrawal Management Programme: Opinion Poll ” with two options.  The first allows users to access 55% of their funds for trading without the ability to withdraw, but they receive priority during the recovery process.  The second option is for users to access 55% of their funds, with the ability to trade and withdraw, but they will receive secondary priority during the recovery process.  45% of the remaining funds will be converted to USDT before being locked.  WazirX Faces Community Backlash  The poll attracted severe criticism from the exchange’s users, with one saying that users should not be punished over the company’s lack of robust security controls.  “It was...

Gala Games, a renowned blockchain gaming platform allowing players to earn crypto and non-fungible tokens through gameplay, has launched the test of the upcoming GalaChain blockchain network after several months of development. The GalaChain TestNet is now live for developers to deploy and test chain code in a secure environment. In a July 30 blog post, Gala Games confirmed that its upcoming GalaChain TestNet has gone live for developers to deploy and test its viability. Gala Games first announced its forthcoming GalaChain network in August 2023. At the time, the web3 gaming platform moved all its unsold and reserved NFTs to the new proprietary blockchain network. GalaChain TestNet is live! Developers can now deploy and test chaincode in a secure environment. Let’s build the future of blockchain together! https://t.co/qEWu5IbewA#GalaChain #Blockchain #DevCommunity — Gala Games (@GoGalaGames) July 29, 2024 What Is Gala Games? Launched in 2019, Gala Games is a blockcha...

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Magic Eden, one the leading cross-chain non-fungible token market platforms, has regained its initial dominance in the non-fungible token market, becoming the most traded NFT market platform in the past seven days. Below, we have listed the five top-traded NFT market platforms by weekly sales volume. 1. Magic Eden Tops In NFT Trading Sales This Week Data compiled by Tiexo.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that Magic Eden has risen in market ranking to become the most traded NFT marketplace in the NFT market. In the past seven days, the Magic Eden has recorded a trading sale volume of $29 million. Magic Eden, the leading market platform on Solana’s non-fungible token ecosystem, lost its glory a few weeks ago after the OpenSea NFT marketplace rose again to dominance. In an unexpected turn of events, the Magic Eden NFT marketplace is back to being the #1 NFT marketplace on all chains this week. 2. OpenSea ...