NFT Sales Drop 21% as Crypto Market Slumps
Global NFT sales declined 21% this week, reaching just over $100 million across 21 blockchains, with Ethereum leading despite the overall market downturn.
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Whale Moves 51M XRP from Binance: Market Impact
A massive 51 million XRP transfer from Binance to an unknown wallet highlights significant whale activity in the cryptocurrency market, potentially signaling shifts in investor sentiment and market trends.
Teleport: Revolutionizing Ride-Sharing with Blockchain
Teleport, a new ride-sharing app on the Solana blockchain, offers drivers significantly lower fees than Uber, potentially disrupting the industry with its transparent, secure, and cost-efficient model.
Polygon POS Dominates NFT & Gaming Transactions in Q1 2024
Polygon POS witnessed a surge in NFT sales and gaming transactions in Q1 2024, solidifying its position as a vital platform for digital asset transactions. The DraftKings Reignmaker collection dominated NFT sales, while the Polygon Origin Pass led the overall sales volume.
Ripple Launches Fund to Boost Blockchain Innovation in Asia
Blockchain firm Ripple has launched a new fund aimed at driving innovation on the XRP Ledger and expanding its presence in the Japanese and South Korean markets.
Espresso Cash Enables Multi-Chain USDC Transactions
Espresso Cash now allows users to pay or request USDC stablecoin on various blockchain networks, not just Solana, bringing enhanced flexibility to USDC transactions within the DeFi space.
XRP Dips After Ripple Moves 200M Tokens
XRP’s price fell by around 4% on Friday after Ripple allegedly moved 200 million XRP tokens to an unknown wallet, fueling suspicions within the crypto community about the company’s intentions for its native token.
Solana’s Unexpected Growth Driver: Memecoins
Solana has emerged as a leading blockchain platform, thanks to the unexpected popularity of meme coins. Initially conceived as jokes, these digital tokens have become powerful tools for engagement and growth, attracting new users and driving the adoption of Solana’s mobile technologies like Saga Mobile.
PayPal USD Stablecoin Goes Live on Solana Blockchain
PayPal has launched its Paxos-issued PayPal USD (PYUSD) stablecoin on the Solana blockchain, enabling users to facilitate cross-border transactions, remittances, and other payments on the high-performance network.
Solana Emerges as Fastest Blockchain Amid Meme Coin Frenzy
A report reveals that Solana became the fastest blockchain, outperforming Ethereum and Polygon, during the recent meme coin craze, reaching a record 1,504 transactions per second.