Mumtaz noted Solana’s design could theoretically handle 80,000-100,000 TPS for real operations like token transfers and oracle updates. In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS…
Spot crypto ETF approvals could surge in coming months, with XRP, SOL, and LTC products among the likely candidates. An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months. This comes as the regulatory landscape for these investment products solidifies. Crypto ETF Floodgates In…
Bitcoin led profit-taking with $1.5B realized in July, its largest event since December 2024, according to Glassnode. A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing…
The launch was paired with announcements of Ye Pay, a payment processor, and the YZY Card, a debit solution. Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its…
Hayes believes that once Ethereum convincingly clears its ATH, momentum could snowball, with crypto firms raising funds to pile in. BitMEX co-founder Arthur Hayes has made a striking prediction for Ethereum (ETH), suggesting the asset could go anywhere between $10,000 and $20,000 before the end of the current market cycle. In a recent interview,…
Despite reports of insider dumping and retail losses, DeFiLlama data shows YZY mania boosted Meteora’s fees to $16 million. Kanye West’s YZY token has created one of the most talked-about moments in the crypto market this year. Its ripple effects have been most visible in Solana’s decentralized exchange (DEX) ecosystem. Meteora in Spotlight According…
Year-to-date inflows show Ethereum capturing 26% of total assets under management, compared with Bitcoin’s 11%. Digital asset investment products faced their largest weekly outflows since March as $1.43 billion exited the market. Despite this, trading volumes in exchange-traded products (ETPs) surged to $38 billion, around 50% above the yearly average, which reflected “increasingly polarised”…
Sui sits at $3.45, down 35% from January highs. Critics cite weak traction, while Pal insists adoption is accelerating. Real Vision co-founder Raoul Pal has stirred debate after sharing his thesis on the current market cycle. According to him, Ethereum (ETH) is set to outperform Bitcoin (BTC), while Solana (SOL) could eclipse Ethereum, and…
Sui tops unlocks with $161M (1.2% supply), while SVL is set to release nearly 19% of its supply worth $37M. Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest…
SOL has formed an ascending triangle over 36 days, with analysts eyeing a breakout above $207 that could fuel a major rally. A closely watched crypto analyst has identified an important technical pattern forming on Solana’s chart, suggesting the digital asset is on the cusp of a major upward move. After more than a…
