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Showing posts with the label chain

Solana Is 2024’s Most Popular Blockchain, Fueled by Meme Coin Sensations Like WIF, BONK, And SLERF

The Solana network is the most popular block chain ecosystem this year as eruptions of meme coin mania around tokens like Dogwifhat (WIF) help fire it to prominence.  That’s according to new research by CoinGecko, which shows Solana accounting for 49.3% of global investor interest in chain -specific narratives.  “Solana ecosystem’s dominant mindshare has been fueled by Solana’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as Pyth and native meme coins such as Dogwifhat,” it said. Ethereum place second with almost a 13% share of global block chain traffic for the year through Mar. 18, followed by BNB Chain with a little more than 5%, CoinGecko said. Top 20 Most Popular Block chain Ecosystems on CoinGecko 1. Solana 2. Ethereum 3. BNB Smart Chain 4. Cosmos 5. Avalanche 6. Arbitrum 7. Base 8. Sei 9. Sui 10. Polygon 11. TON 12. zkSync 13. Cardano 14. Polkadot 15. Metis 16...

Polygon PoS Sidechain leads Ethereum’s scaling revolution with Napoli hard fork

Polygon PoS implements Napoli hard fork, integrating Dencun upgrades and RIP-7212. RIP-7212 introduces precompile support for secp256r1 curve, enhancing interoperability. The collaborative effort among Layer 2 projects signals a collective push for Ethereum scaling. Polygon PoS side chain has propelled Ethereum’s scalability efforts with the successful execution of the Napoli hard fork, marking a significant milestone in block chain technology. This transformative upgrade introduces groundbreaking Features from Ethereum’s Dencun upgrade, alongside the activation of RIP-7212, signalling a new era of interoperability and efficiency. Napoli Hard Fork enhancements Polygon’s implementation of the Napoli hard fork brings forth three pivotal upgrades derived from Ethereum’s Dencun upgrade. A standout feature of the Napoli hard fork is the activation of RIP-7212 on the Polygon PoS sidechain, making it the pioneer network to support this...

Lookonchain reports whales are dominating the Ethereum market with big sales

In a Nov. 14 post, the cryptocurrency on- chain data Analysis firm Lookon chain reports whale activity amid Ethereum price surge. Notable sales have included a $154 million profit for one whale and a loss of $183 million for another. Whale movement on chain In the thread, Lookonchain points to the whale at address “0xee47,” that has reportedly increased their Ethereum (ETH) holdings by 3,200 ETH, equivalent to approximately $6.7 million. This accumulation comes seven months after the whale initially began acquiring ETH on July 5, 2022. Presently, their holdings stand at 183,742 ETH, valued at around $387.8 million, reflecting an unrealized profit of approximately $154 million. Bullish or Bearish on $ETH? Did SmartMoneys and Whales buy or sell $ETH over the past week? 1/ Here is a thread. pic.twitter.com/8yvCO0UI9H — Lookonchain (@lookonchain) November 14, 2023 In a parallel occurrence, another whale at address “0x78D0” has been actively accumul...