A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps). This week, the project’s native token PYTH soared to a […]
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Three primary sectors are driving the development of Solana’s (SOL) “vibrant” ecosystem, according to the Hong Kong-based crypto exchange CoinEx Global. CoinEx notes in a new analysis that the Ethereum (ETH) competitor’s attention is focused on decentralized finance (DeFi), memecoins and decentralized physical infrastructure networks (dePIN). DePIN projects involve crypto-powered decentralized networks that connect hardware […]
The post These Three Narratives Are Driving ‘Vibrant’ Solana (SOL) Ecosystem, According to Crypto Exchange CoinEx appeared first on The Daily Hodl.
A widely followed crypto analyst is expressing bullish sentiment on the native token of a blockchain oracle network that launched its permissionless mainnet earlier this week. In a new video, the anonymous host of the InvestAnswers channel tells his 453,000 YouTube subscribers that he is bullish on Pyth Network (PYTH) after modeling PYTH’s future price […]
The post Newly Launched Solana-Based Altcoin Could Explode by More Than 880% in 24 Months, According to InvestAnswers appeared first on The Daily Hodl.
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded heavy losses this year is the blockchain oracles […]