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Anatoly Yakovenko Says Coinbase-Backed Layer-2 Base Is Solana’s Biggest Competitor – Here’s Why

Anatoly Yakovenko Says Coinbase-Backed Layer-2 Base Is Solana’s Biggest Competitor – Here’s Why

Solana (SOL) co-founder Anatoly Yakovenko says that the project’s biggest competitor is now Coinbase’s Ethereum (ETH) scaling solution. In a new interview on the Unchained Crypto YouTube channel, Yakovenko says Coinbase’s Base has become Solana’s biggest rival due to the amount of network activity. “Base is probably the closest competitor now, I would say, when […]

The post Anatoly Yakovenko Says Coinbase-Backed Layer-2 Base Is Solana’s Biggest Competitor – Here’s Why appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival

Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival

Bitwise chief investment officer Matt Hougan is pointing out metrics for one Solana (SOL) competitor that he says are impressive. Hougan tells his followers on the social media platform X that out of all the charts he’s looked at recently, the on-chain metrics of Aptos (APT) are standing out the most. He shares charts showing […]

The post Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Analysts Consider These 2 Chains Might Become Ethereum Killers

Analysts Consider These 2 Chains Might Become Ethereum KillersETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group’s Network Dominance Index. ETC Group Analysts Reinforce Ethereum Market Dominance […]

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months

Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months

A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months. In a new strategy session, crypto trader Altcoin Sherpa tells his 224,300 followers on the social media platform X that key metrics […]

The post Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Sui and Aptos Record 78% Quarter-on-Quarter Surge in Total Value Locked As Wider DeFi Sector Declines: DappRadar

Sui and Aptos Record 78% Quarter-on-Quarter Surge in Total Value Locked As Wider DeFi Sector Declines: DappRadar

Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024. In a new report, DappRadar says that Sui and Aptos saw an impressive increase in total value locked (TVL), the metric representing the amount of assets staked […]

The post Sui and Aptos Record 78% Quarter-on-Quarter Surge in Total Value Locked As Wider DeFi Sector Declines: DappRadar appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer

Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins. The analyst pseudonymously known as Sherpa tells his 224,200 followers on the social media platform X that Bitcoin is experiencing “extremely tight” price compression as evidenced by the convergence of the 25-period, 55-period, 100-period and […]

The post Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Aptos Co-Founder Says Layer-1 Project Approaching Tipping Point of Mainstream Adoption

Aptos Co-Founder Says Layer-1 Project Approaching Tipping Point of Mainstream Adoption

The co-founder of Aptos (APT) believes that the layer-1 crypto project is on the verge of massive mainstream adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that the speed of the Aptos network makes it a highly attractive blockchain for payments. He also says that Aptos’ […]

The post Aptos Co-Founder Says Layer-1 Project Approaching Tipping Point of Mainstream Adoption appeared first on The Daily Hodl.

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Blockchain activity soars 70% in Q3 driven by AI DApps

Daily active wallets in the DApp industry soared in the third quarter of 2024, driven primarily by a 71% growth in the performance of AI-related applications. 

Decentralized applications (DApps) have surged forward in the third quarter of 2024, fueled by the growth of blockchain activity led by artificial intelligence applications. 

According to an Oct. 8 DappRadar report, daily unique active wallets (UAWs) reached a record-breaking 17.2 million, marking a 70% increase from the previous quarter. The rise is largely attributed to the performance of AI-related DApps, which saw a 71% rise in the period, accounting for nearly 4.3 million daily UAWs. 

Key players like Data Intelligence Network (DIN) and Alaya AI are leading the trend.

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White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Bitcoin’s rise above $62,000 could pull APT, WIF, FTM, and BGB higher

Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.

Bitcoin (BTC) is trying to close the week above $62,500, well above the intra-week low of just under $60,000. This suggests buying at lower levels. Although the start to October, generally the strongest month of the year, has been slow, analysts expect things could pick up going forward.

One positive for the cryptocurrency markets is that the CME Group’s FedWatch Tool is pricing in a 97% probability of the Federal Reserve cutting rates by 25 basis point in their Nov. 7 meeting. Expectations are that a rate cut would boost a risk-on sentiment.

Crypto market data daily view. Source: Coin360

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White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

Blockchain Industry Players Launch MiCA Crypto Alliance in the EUThe DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set […]

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell