The XRP ledger helps to add liquidity to the XRP token XRP was struggling to improve user adoption In another round of habitual conversation, Ripple’s [XRP] CTO David Swchartz elucidated the contributions of the XRP Ledger [XRPL] to its underlying token. The discussion started when Zach Rector asked for clarity about XRPL’s financial or materialContinue reading “How XRP benefits from XRPL, as per Ripple’s CTO”

BAYC and ApeCoin holders risk losing their assets while staking. APE’s circulation has been increasing while BAYC’s volume has not been impressive. In a tweet to the ApeCoin [APE] community, PeckShield Alert mentioned that there was a serious threat linked with staking the token. As a way of explaining the danger and encouraging holders ofContinue reading “Staking ApeCoin [APE] on NFT pools could lead to BAYC loss, as per…”

The number of active addresses on the StarkNet network increased by 1168% in the last 30 days. StarkNet foundation remained undecided on how to distribute rewards, but traders have positioned themselves.  Since StarkNet [STRK] deployed its token on the Ethereum [ETH] Mainnet, there has been an incredible amount of focus on the ecosystem. Although theContinue reading “StarkNet [STRK] activity bulges: Are traders bracing for a public launch”

ENJ’s trading volume surged as the platform aims to improve NFT trading. The token may not reach a yearly high soon. Enjin Coin [ENJ] has seen a surge in trading volume recently, reaching its highest level in 2023. According to Santiment, the volume reached the Year-To-Date (YTD) high on 8 April, peaking at 459.85 million.Continue reading “Enjin Coin’s [ENJ] volume hits YTD peak, this was the driving force”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion As you may already know, Dogecoin [DOGE] has become somewhat of a cultural phenomenon in recent years, thanks in no small part to the vocal support of figures like Elon Musk. The Tesla CEOContinue reading “I asked ChatGPT about Dogecoin, Elon Musk, and a $1000 investment”

BTC showed similar signs that helped it reach its last ATH. Upward pressure increased as long-term holders decreased supply on exchanges. Historically, the aftermath of every Bitcoin [BTC] halving lays the grounds for the resurgence of a bull cycle. The last time such a thing occurred, the king coin rose up and hit an ATHContinue reading “Bitcoin [BTC]: On paradigm shifts and the possibility of $100k”

Partnerships, developers, and real-world use cases could help increase Cardano adoption. Almost 70% of ADA holders were at a loss. According to TapTool, Cardano’s [ADA] Total Value Locked (TVL) has no option but to pursue an upward trajectory. The TVL simply represents the number of assets locked or staked in a protocol. And the metricContinue reading “Cardano’s [ADA] TVL growth seems non-negotiable, but can it reclaim $300M”

The OpenSea Pro platform has outstripped Blur in transaction share among NFT marketplaces. Users continued to adopt items from the Gemesis collection. Gemesis, OpenSea Pro’s community NFT collection, has attracted an incredible number of active users and subsequently turned to an incredible hike in volume for the newly launched NFT aggregator. According to Dune Analytics,Continue reading “As OpenSea and Blur’s race intensifies, will Gemesis be the catalyst to…”

Daily active users on the BNB Chain tripled those on Ethereum The Shapella upgrade has contributed to Ethereum’s on-chain outpacing on BNB The BNB Chain rose to prominence as an alternative to Ethereum’s [ETH] Layer One (L1) blockchain. Although the growth was not without challenges, the chain backed by crypto exchange Binance has been ableContinue reading “BNB Chain outshines Ethereum’s L1 but Shapella reveals that…”

The L2 project had the task of helping retrieve ETH stuck in its ecosystem. zkSync’s TVL continued to increase. zkSync, the layer two scaling solution for Ethereum [ETH], was again faced with another challenge after the Gemholic ecosystem ran into a problem. Gemholic operates under the zkSync protocol, and had 921 ETH, a proceed ofContinue reading “zkSync and its efforts to recover 921 ETH: The how and why of it all”

Bitcoin’s volume in profit and loss ratio dropped to the negative zone. Investors doubted a further price increase even though the fear and greed index rose. Bitcoin [BTC] may have disappointed a ton of doubting Thomases after an impressive Year-To-Date (YTD) performance. But as things stand at press time, the arm of defeat has beenContinue reading “Bitcoin [BTC]: What the king coin’s FOMO and FUD indicators suggest”

Bitcoin traders are bidding at lower levels much more than those expecting a quick upward run Volatility remains low as BTC struggles to find solid support With so many factors at play, from macroeconomic conditions to global regulatory changes, Bitcoin [BTC] has opted to stick with consolidation in the last few days. Within this period,Continue reading “Breakout or retracement? Where does Bitcoin [BTC] head next”