Solana’s SOL experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, it failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization. SOL’s…
Crypto exchange Binance’s market share in spot trading has fallen to 40% in late 2023, compared with 62% a year ago. According to the Nov. 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its market share in the past 12 months. “Binance’s spot trading volume has seen a significant decline in the…
The long-awaited “crypto spring” may be upon us as Bitcoin and other cryptocurrency markets rise in anticipation of a full-on bull market. Over the recent crypto winter, many different projects have been growing, gaining users and building new networks. Some of these, like Polygon, are layer-2 (L2) solutions to help scale the primary protocol, Ethereum. But what are the…