Solana

Solana (SOL) Approaches Crucial Resistance Level

Source Node: https://beincrypto.com/solana-sol-approaches-crucial-resistance-level/
Time Stamp: August 5, 2021 8:00 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Solana (SOL) bounced at the $24 support area on July 20 and broke out from a descending resistance line nine days later.Sponsored Sponsored It’s now approaching a crucial resistance level near $38.50 which could determine the direction of the longer-term trend. SOL breaks out SOL has been increasing since bouncing at the $24 horizontal support area on July 20. On July 29, it broke out from a descending resistance line that had been in place since the May 18 all-time high.Sponsored Sponsored This led to a high of $37 on

Solana Enjoys 7% Boost Amid Sponsorship Of Lollapalooza Music Festival 

Source Node: https://decrypt.co/77225/solana-enjoys-boost-during-lollapalooza-music-festival
Time Stamp: July 30, 2021 5:51 AM - Modified On: July 30, 2021 - Published By:
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The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival.Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana.  That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos posted on social media reveal a Solana “pool float” and a large banner advertisement atop Perry’s stage.  Solana is a relative newcomer to the crypto space; akin to Ethereum,

Tether Sets New Records With $20bn+ Market Cap

Source Node: https://beincrypto.com/tether-sets-new-records-with-20bn-market-cap/
Time Stamp: December 18, 2020 1:22 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

Coinbase Report Affirms ‘Killing Ethereum’ will Be Challenging

Source Node: https://beincrypto.com/coinbase-report-affirms-killing-ethereum-will-be-challenging/
Time Stamp: December 14, 2020 1:54 AM - Modified On: May 21, 2021 - Published By:
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The DeFi ‘food farming’ frenzy this past Summer took its toll on the Ethereum network in terms of demand. As a result, a slew of rival platforms emerged and a new report from Coinbase has taken a deep dive into some of them. In its latest report in the ‘Round the Block’ series titled “ETH Killers and New Chains” published on Dec. 12, the U.S.-based crypto exchange Coinbase has taken a closer look at rising competitors to Ethereum in the smart contract space. A number of new DeFi-focused blockchains have

Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund

Source Node: https://bitcoinist.com/defi-is-coming-to-qtum-as-ethereum-rival-launches-1m-defi-dev-fund/?utm_source=rss&utm_medium=rss&utm_campaign=defi-is-coming-to-qtum-as-ethereum-rival-launches-1m-defi-dev-fund
Time Stamp: August 17, 2020 3:11 PM - Modified On: May 21, 2021 - Published By:
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Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. On August 17, the Qtum Foundation announced a $1 million DeFi development fund that will be allocated to solo devs and teams seeking to create scalable DeFi dApps. Qtum is not the first blockchain platform to lay down the red carpet to DeFi devs; Matic Network recently issued a similar call, with a generous grant program

DeFi Token Serum Surges 1500% in 12 Hours After Listing

Source Node: https://cointelegraph.com/news/defi-token-serum-surges-1500-in-12-hours-after-listing
Time Stamp: August 11, 2020 9:42 PM - Modified On: May 21, 2021 - Published By:
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The latest DeFi token to moon is for the decentralized derivatives exchange Serum ,which surged by four figures following its launch and exchange listings.The Serum Project is a new, non-custodial DEX that launched on August 11 and its native SRM token has since surged 1500%. The Serum Project is a collaboration between centralized derivatives trading platform FTX, and Solana, a low-fee, high-speed, interoperable smart contract blockchain. Launched less than 12 hours ago at the time of writing, the token has skyrocketed from the launch price of $0.11 to more than $1.80

What is Serum? A DeFi Derivatives DEX Guide

Source Node: https://www.asiacryptotoday.com/serum-srm-guide/
Time Stamp: August 3, 2020 5:54 AM - Modified On: May 21, 2021 - Published By:
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DeFi-based exchanges have seen wild success in 2020 thanks to yield farming, which has incentivized hundreds of thousands of users to provide liquidity to these platforms. With that being said, DEXs are still a far-cry from centralized exchanges in both UI and UX. Serum is here to change all that. Serum is a protocol that claims to be “pure DeFi” as they have managed to address a lot of issues the space is facing. Most of the users in DeFi today are not traders but yield farmers. Yield farmers are