CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
2023 saw a resilient crypto industry with a 108.1% increase in market cap to $1.72T and a total trading volume of $36.6T. NFT trading reached $11.8B, while stablecoins like Tether maintained a strong presence. Bitcoin's value rose significantly, contributing to the year's positive momentum.
Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology
Solana Mobile's new web3 phone "Chapter 2" achieves unprecedented demand, selling out its first-year sales target within a single day. Priced at $450 and set for 2025 release, this device aims to make web3 tech more accessible.
Saros Cryptocurrency (SAROS) will be listed on Bybit
Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.
Lido Finance Halts Operations on Solana Following Community Consensus
Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.