The memecoin sector has emerged as the most profitable narrative so far this year, according to a recent report by CoinGecko. According to the report, memecoins recorded the highest returns of 1,312.6% on average across the top tokens by market capitalization. Memecoins that were launched in March made it to the top 10 largest memecoins list by…

The artificial intelligence (AI) token market has been on a remarkable upswing over the last few months, with things reaching a fever pitch last month as trading volumes and market valuations skyrocketed across many exchanges. Data from the crypto platform Bitget revealed that the dedicated AI token zone witnessed an astonishing 400% surge in trading volume throughout February alone, reaching a…

Ethereum’s layer 2 scaling networks will hit a $1 trillion market capitalization in six years and will be made up of thousands of use case-specific chains, according to analysts from investment manager Van Eck. Layer-2 blockchains are set to capitalize on Ethereum’s “primary challenge” — its “limited capacity to process, store, and compute data,” Van…