Author: CryptoHoppers

Solana has continued its bullish sentiment in its ecosystem to flip Ethereum in the stablecoin market for the second week in a row, according to on-chain data. SOL’s price gain has slowed in the past week, showing a negative 2.3% in a 7-day timeframe at the time of writing. However, stablecoin transfers on the Solana chain reveal the blockchain retaining its reputation as an Ethereum killer, registering more than $10.3 billion more trading volume in the last week. Stablecoins Growing On Solana Ethereum has mostly dominated the stablecoin market since the inception of Tether USDT. However, according to data from…

The Dawn of a New Era in NFTs: Exploring the Rise of Alternative Layer 1s As we venture into 2024, the NFT landscape is undergoing a seismic shift, with alternative Layer 1 blockchains like Solana (SOL), Tezos, and SEI emerging as significant players. This shift marks a pivotal moment in the evolution of the NFT ecosystem, diversifying the platforms on which digital art and collectibles thrive. 1. Diversification Beyond Ethereum: A Breath of Fresh Air for NFTs Historically, Ethereum has been the dominant force in the NFT space. However, alternative Layer 1s like SOL, Tezos, and SEI offer fresh opportunities.…

In the last few years, cryptocurrencies like Bitcoin have seen massive growth in popularity. With this rise, there has also been a proliferation of Bitcoin gambling sites. However, with so many sites to choose from, deciding which is the best crypto casino can feel overwhelming.  This guide investigates the 7 best cryptocurrency casinos available to UK players in 2024. We examine various aspects such as game selection, bonuses, payment speeds, security, and reputation to determine which platforms truly deserve your attention.  By the end, you’ll be equipped to pick a site that’s a great fit based on your preferences. So,…

In a bold prediction for 2024, Xiao Feng, Chairman of HashKey Group, anticipates Ethereum will completely dominate blockchain technology innovation. His statement emphasizes Ethereum’s unmatched potential in leading the blockchain sector forward, while also hinting at criticisms towards the current trend in Bitcoin’s development strategy.Ethereum’s Unrivaled Leadership in BlockchainXiao’s prediction underscores Ethereum’s standout role in the blockchain landscape. No other platform, according to Dr. Xiao, comes close to Ethereum in terms of driving technological advancements within the industry. This aligns with Ethereum’s ongoing efforts in developing applications with real-world value and specific use cases, further solidifying its position as a leader…

As 2024 begins, Gran Turismo 7 (GT7) enthusiasts are gearing up for a year of thrilling racing experiences. While there were no updates in December, the new year has brought fresh excitement to the game with a series of exhilarating races in Sport Mode. This week, players will dive into the world of Japanese automotive excellence, featuring iconic tracks and cars that will set the tone for a year full of racing action.Race A: Lexus LFA ’10 showdown at Fuji International SpeedwayThe week’s first race takes players to the Land of the Rising Sun for a heart-pounding showdown at the Fuji…

Jay Jog, co-founder of Sei Labs, has announced the upcoming release of Sei v2, which will notably support both Ethereum Virtual Machine (EVM) and Cosmwasm. The latest update was shared via Twitter, signaling a huge advancement in the interoperability of blockchain technologies. The integration of EVM and Cosmwasm in Sei v2 aims to enhance the functionality and versatility of blockchain applications by enabling seamless interaction between these two prominent platforms.Sei V2: A new era of interoperabilitySei v2 stands as a testament to the evolving landscape of blockchain technology, where interoperability and cross-chain communication are becoming increasingly crucial. The support for EVM,…

Journalist Posted: December 31, 2023 Investors at large were accumulating ETH while its price remained low. Though confidence was high, market indicators remained bearish on ETH.  As we bid adieu to 2023, Ethereum [ETH], the king of altcoins, made remarkable moves in a bid to outshine the king of cryptos, Bitcoin [BTC]. A recent development signified increased confidence among investors in ETH at a time when Bitcoin awaits a major event. Does this mean that Ethereum will earn investors profits in 2024? Long-term holders are confident in Ethereum As per the latest tweet from IntoTheBlock, Ethereum recently flipped Bitcoin in…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Shiba Inu [SHIB] has seen a significant rise in buying pressure over the last several days. When buying pressure increases, it signals the start of a bull run. Over 30,000 Shiba Inu non-zero addresses were converted to wallets with a balance between October and the time of writing. The growth of non-zero addresses indicates that traction on the Shiba Inu network was increasing. It also suggests that more market participants are embracing SHIB and doing their first transactions with…

The Debate of ETH vs. SOL and the Overlooked Layer 2 Conversation In the bustling realm of Non-Fungible Tokens (NFTs), the debate between Ethereum (ETH) and Solana (SOL) often garners significant attention. However, an equally pivotal discussion lies in the evolution of Ethereum’s network, particularly its expansion from Layer 1 (L1) to a diverse ecosystem of Layer 2 (L2) solutions. This shift addresses two primary criticisms of Ethereum’s L1: high gas fees and slower transaction speeds. Ethereum’s Layer 1: The Foundation of Trust and Security Ethereum’s L1 is often criticized for its high gas fees and relatively slower transaction speed.…

A PancakeSwap proposal to reduce the maximum supply of the decentralized exchange’s native CAKE -2.43% token from 750 million to 450 million has concluded with nearly 98% of votes in favor of the move.On Thursday, the multi-chain decentralized exchange project posted a vote proposal to reduce the maximum token supply of CAKE. The voting period has concluded, and the final results reveal a 97.88% majority in favor of reducing the maximum supply from 750 million to 450 million.The updated maximum token supply figures for CAKE are expected to be officially reflected on major price-tracking platforms, like CoinGecko and CoinMarketCap, by…