21 / 53 Relevant items tagged with #AltCoins

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MATIC Under The Lens: Why Is Polygon Busy But Not Making Money?

[Jun 1, 2024 1:50 AM] Polygon (MATIC), a Layer-2 scaling solution for the Ethereum blockchain, finds itself in a curious position. Recent data from Messari paints a picture of a network brimming with activity – daily active addresses surging nearly 120%, new user…

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

[May 31, 2024 3:11 PM] Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a…

Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui

[May 31, 2024 1:36 PM] Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging…

Chart Whisperer Spots Algorand Breakout: Get Ready For A 50% Rally

[May 27, 2024 3:30 AM] Algorand (ALGO), the blockchain platform known for its speedy transactions and energy efficiency, has caught the eye of crypto analysts. Popular analyst ZAYK Charts identified a potential paradigm shift for ALGO, pointing to a price breakout on the…

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

[May 26, 2024 10:30 AM] The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In…

Avalanche Weathers The Storm – Can AVAX Hit $40 Again?

[May 26, 2024 10:00 AM] The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has displayed some resilience compared to its altcoin peers, a closer look reveals a market grappling with conflicting signals –…

Why Did CORE Price Surge 20% While The Crypto Market Dumped?

[May 25, 2024 5:00 PM] CORE, the native token of the layer-1 network CoreChain, has surged over 20% in the last 24 hours. This is a notable price increase, considering the downward trend in the broader crypto market with the prices of other major cap tokens, including…