Category: News

The SOL/ETH price ratio has surged to a new all-time high, reflecting growing momentum in the Solana ecosystem even as Ethereum shows signs of short-term weakness. The shift in market dynamics comes as Ethereum co-founder Vitalik Buterin hints at accelerating the network’s upgrade cadence following the highly anticipated Pectra hard fork scheduled for early May.… Continue reading SOL-to-ETH Price Ratio Hits Record High as Vitalik Teases Faster Ethereum Upgrades

Magic Eden, the leading NFT marketplace on Solana, is making a major leap beyond non-fungible tokens with the acquisition of Slingshot, a decentralized crypto trading app. The move signals Magic Eden’s ambitions to evolve into a more comprehensive crypto platform and directly compete with centralized exchanges by enabling seamless token trading for millions of digital… Continue reading Magic Eden Acquires Slingshot in Bold Move to Challenge Centralized Crypto Exchanges

Solana developers have introduced a major upgrade aimed at boosting privacy across the network: a new suite of token extensions called “Confidential Balances.” This powerful set of tools is designed to bring zero-knowledge (ZK) privacy directly to the Solana blockchain, enabling users to confidentially shield token balances, execute private transfers, and conduct minting or burning… Continue reading Solana Developers Launch Confidential Balances to Bring Native Privacy to Onchain Transactions

The global cryptocurrency market has seen a sharp correction, with total market capitalization plunging over 30% from recent peak levels, as mounting macroeconomic uncertainty and tariff-driven market turbulence rattle investor sentiment. While Bitcoin has remained relatively resilient during the sell-off, altcoins and high-risk digital assets have borne the brunt of the downturn. The market reset… Continue reading Total Crypto Market Cap Falls 30% from Peak as Tariff Fears Shake Risk Appetite

The Bitcoin-native decentralized finance (DeFi) protocol Babylon is preparing for its highly anticipated token generation event (TGE), during which it will airdrop 600 million BABY tokens to early community contributors. The move marks a major milestone in Babylon’s roadmap as it seeks to bring native staking and DeFi utility to the Bitcoin ecosystem. The 600… Continue reading Bitcoin DeFi Protocol Babylon to Airdrop 600 Million BABY Tokens in Upcoming TGE

Uniswap DAO has taken a major step toward boosting governance participation, voting in favor of continuing its Treasury Delegation Program. The preliminary decision, which will now move on-chain for final approval, could see up to 18 million UNI tokens (valued at approximately $113 million) allocated to 12 selected governance delegates. The initiative aims to enhance… Continue reading Uniswap DAO Approves $113M Treasury Delegation Program to Strengthen Governance

Circle’s USD Coin (USDC) has reached a new all-time high market capitalization of $60 billion, marking a major milestone for the stablecoin. This surge comes as the broader stablecoin market has also expanded to record levels, now exceeding $230 billion in total market cap. The rapid growth of USDC highlights the increasing demand for on-chain… Continue reading USDC Stablecoin Supply Hits All-Time High, Surpassing $60 Billion Market Cap

Polymarket, a leading on-chain prediction market, has announced its expansion to Solana, allowing users to make SOL deposits directly onto the platform. This marks a significant step in Polymarket’s evolution, as it continues to improve accessibility and streamline user experience. Previously, Polymarket primarily operated on the Polygon network, requiring users to deposit USDC stablecoins before… Continue reading Polymarket Expands to Solana, Enabling SOL Deposits

Ethereum’s daily burn rate has hit an all-time low, reflecting a significant drop in on-chain activity and demand for blockspace. On Saturday, the total amount of ETH burned through transaction fees reached its lowest level since Ethereum’s EIP-1559 upgrade introduced fee-burning in August 2021. The decline in ETH burn coincides with a broader slowdown in… Continue reading Ethereum Daily Burn Hits All-Time Low Amid On-Chain Activity Slowdown