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Grayscale Says This Altcoin Is Best-Positioned To Take Market Share Away From Ethereum

Grayscale Says This Altcoin Is Best-Positioned To Take Market Share Away From Ethereum

Digital asset management giant Grayscale says one layer-one blockchain is the best-positioned out of any to potentially steal market share away from Ethereum (ETH), the biggest smart contract platform by market cap. In a new report from Grayscale Research, the firm says Sui (SUI) provides “one of the highest throughput and lowest transaction costs of […]

The post Grayscale Says This Altcoin Is Best-Positioned To Take Market Share Away From Ethereum appeared first on The Daily Hodl.

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What is yield farming in decentralized finance (DeFi)?

Yield farming isn’t just about passive income — it’s a game of token velocity. The constant reinvestment of rewards into new pools fuels DeFi’s growth but also creates Ponzi-like risks.

Yield farming, also known as liquidity mining, is a decentralized finance (DeFi) strategy where cryptocurrency holders lend or stake their assets in various DeFi protocols to earn rewards. These rewards often come in the form of additional tokens, interest or a share of transaction fees generated by the platform. 

In the yield farming ecosystem, individuals known as liquidity providers (LPs) supply their assets to liquidity pools, smart contracts that facilitate trading, lending or borrowing on DeFi platforms.

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Crypto Trader Says One Solana-Based Altcoin Primed for a Breakout in Coming Weeks, Updates Outlook on Bitcoin

Crypto Trader Says One Solana-Based Altcoin Primed for a Breakout in Coming Weeks, Updates Outlook on Bitcoin

Analyst and trader Michaël van de Poppe says one Solana (SOL)-based altcoin may be gearing up for a breakout. Van de Poppe tells his 774,000 followers on the social media platform X that the cross-chain messaging protocol Wormhole (W) is showing bullish divergence on the weekly chart. A bullish divergence, which suggests price will start […]

The post Crypto Trader Says One Solana-Based Altcoin Primed for a Breakout in Coming Weeks, Updates Outlook on Bitcoin appeared first on The Daily Hodl.

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Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why

Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why

Two widely followed crypto traders say President Trump may have made one of the biggest financial blunders in modern history moments before taking office. In a new video on the state of the markets, pseudonymous analysts DonAlt and Cred say the launch of Trump’s official memecoin (TRUMP) potentially squandered a massive fortune for the 47th […]

The post Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why appeared first on The Daily Hodl.

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This Layer-1 Altcoin Looks ‘Interesting’ After Forming Classic Bottom Structure, According to Veteran Trader

This Layer-1 Altcoin Looks ‘Interesting’ After Forming Classic Bottom Structure, According to Veteran Trader

A veteran trader known for timely crypto calls says he’s leaning bullish on the native token of a modular blockchain project. Pseudonymous trader The Flow Horse tells his Telegram channel that Celestia (TIA) may be gearing up for a breakout after forming a classic bottoming pattern during the last six months. “I find TIA very […]

The post This Layer-1 Altcoin Looks ‘Interesting’ After Forming Classic Bottom Structure, According to Veteran Trader appeared first on The Daily Hodl.

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New Ethereum Layer-2 Scaler Soars to Top of Santiment’s Rankings of ERC-20 Coins by Development Activity

New Ethereum Layer-2 Scaler Soars to Top of Santiment’s Rankings of ERC-20 Coins by Development Activity

A relatively new Ethereum (ETH) layer-2 scaling solution has soared to the top of Santiment’s rankings of ERC-20 coins in terms of recent development activity. The crypto analytics firm notes that Starknet (STRK) clocked 401.97 notable GitHub events over the past 30 days. Starknet is a decentralized validity rollup, otherwise known as a zero-knowledge (ZK) […]

The post New Ethereum Layer-2 Scaler Soars to Top of Santiment’s Rankings of ERC-20 Coins by Development Activity appeared first on The Daily Hodl.

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Trader Says One Large-Cap Altcoin To Skyrocket by at Least 116%, Updates Outlook XRP, Cardano and Dogecoin

Trader Says One Large-Cap Altcoin To Skyrocket by at Least 116%, Updates Outlook XRP, Cardano and Dogecoin

A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets. The analyst pseudonymously known as Sherpa tells his 239,700 followers on the social media platform X that the utility token of the decentralized open financial system, Hyperliquid (HYPE), is […]

The post Trader Says One Large-Cap Altcoin To Skyrocket by at Least 116%, Updates Outlook XRP, Cardano and Dogecoin appeared first on The Daily Hodl.

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Crypto Trader Says One Factor Could Trigger Massive Breakout for Ethereum – Here’s His Outlook

Crypto Trader Says One Factor Could Trigger Massive Breakout for Ethereum – Here’s His Outlook

Cryptocurrency trader and analyst Ali Martinez believes Ethereum (ETH) could have a massive breakout due to one key factor. Martinez tells his 114,500 followers on the social media platform X that crypto whales are loading up on Ethereum, adding buying pressure that could cause the altcoin to increase more than 100% above its current value. […]

The post Crypto Trader Says One Factor Could Trigger Massive Breakout for Ethereum – Here’s His Outlook appeared first on The Daily Hodl.

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‘Official’ Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap

‘Official’ Solana-Based Trump Memecoin Instantly Hits ,950,000,000 Market Cap

Crypto traders are debating whether Donald Trump’s social media passwords have been cracked, as the President-elect’s accounts tout the launch of his “official” memecoin. The memecoin launch announcement hit Trump’s social media platform Truth Social first, and was posted on X shortly thereafter. The new coin is built on the Solana network, and has already […]

The post ‘Official’ Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap appeared first on The Daily Hodl.

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XRP price to $10–$50 ‘plausible’ if spot ETF approved, ChatGPT says

As an experiment, Cointelegraph asked two different AI models, OpenAI’s ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.

XRP (XRP) price hit a new all-time high of $3.38 on Jan. 16, outperforming most other cryptocurrencies over the past few days.

XRP’s amazing rally has left market participants wondering how high its price can go in 2025, particularly if a spot XRP exchange-traded fund (ETF) is approved.

XRP/USD weekly chart. Source: Cointelegraph/TradingView

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