Author: Kryptonews

Solana, the popular layer-1 network, is seeing strong network activity that may help its price jump to $200 and above. Solana (SOL) was trading at $147.25 on Wednesday, just below last week’s high of $156. It has jumped by over 52% from its lowest level this year. Third-party data indicates that Solana’s network is performing well, and significantly outperforming Ethereum (ETH) in several key metrics. According to Nansen, Solana processed over 410 million transactions in the last seven days, representing a 10% increase from the previous week. This uptick likely occurred as top meme coins in its ecosystem, such as…

Decentralized Finance (DeFi) and the Blockchain Revolution FinTech has witnessed rapid evolution, but few technologies have captured attention quite like blockchain. Decentralized Finance, or DeFi, leverages blockchain to disrupt traditional financial systems, offering users greater control, transparency, and efficiency. Unlike legacy finance, DeFi operates on distributed ledgers, eliminating intermediaries while ensuring seamless peer-to-peer transactions. The next wave of DeFi is poised to transform finance even further, thanks to blockchain’s support for smart contracts, decentralized applications (dApps), and non-fungible tokens (NFTs). With increased adoption, DeFi will redefine lending, trading, payments, and other financial services—creating an open, inclusive, and programmable economy. Blockchain’s…

The Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May 22.FIFA’s layer-1 (L1) blockchain will be powered by the Avalanche network’s scalability-focused infrastructure for the association’s five billion fans worldwide.The move comes nearly a month after FIFA announced its initial plans to launch a new network for its blockchain-based collectibles. AvaCloud’s Ethereum Virtual Machine (EVM) compatibility will enable smoother integration with decentralized wallets and applications.Related: Bitcoin hits new all-time high of $109K as trade war tensions easeThe move will enable FIFA to…

If you are looking for ways to increase your passive income, cloud mining is a great way to do it. If used properly, these opportunities can help you grow your cryptocurrency wealth in “autopilot” mode with minimal time investment. At the very least, they should take less time than any type of active trading.As technology continues to advance, the world is moving towards renewable energy-based operations. They rely on renewable energy sources such as solar and wind power to power new energy cloud mining operations, which greatly reduces mining costs and incorporates electricity generated by surplus energy into the grid.…

Key Takeaways:Psy Protocol launches the first-ever Proof-of-Work (PoW) verified bridge linking Dogecoin to Solana.Dogecoin’s $36B market cap and massive user base now gain access to Solana’s high-speed DeFi, NFT, and gaming ecosystem.This trustless, non-custodial bridge eliminates common security risks tied to traditional crypto bridges.Solana has just made a decisive move that could reshape the multichain future of crypto. Powered by Psy Protocol and Wormhole, a new bridge now links Dogecoin—crypto’s most iconic memecoin—directly to the Solana blockchain. But what sets this apart? It’s the first time a Proof-of-Work blockchain has been securely bridged to Solana without trusting intermediaries.Read More: Solana…

The Problem with Blockchain Silos Blockchain technology was designed to be decentralized, censorship-resistant, and open. However, the early days of cryptocurrencies like Bitcoin and Ethereum quickly led to a fragmented landscape where different chains operated in isolation. Each blockchain became a "silo," unable to communicate or exchange data securely with others. This limitation hindered scalability, reduced liquidity, and prevented the seamless transfer of assets across ecosystems. For example, Ethereum, the leading smart contract platform, holds billions in value but struggles with high transaction fees and slow processing times. Meanwhile, other chains like Solana or Polkadot offer faster, cheaper alternatives but…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is holding firm above the $2,500 level after weeks of strong buying pressure and bullish momentum, despite having lost more than 60% of its value since December 2024. The asset’s resilience comes at a pivotal time: Bitcoin has…

The last time Justin Sun set foot in the U.S. he was Grenada’s WTO ambassador and was navigating the rocky waters of former President Biden’s crypto crackdown.Times have changed. Now, he’s dining at an event hosted by President Donald Trump for the largest holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as issuers eye a potential Tron ETF, signaling a striking reversal in crypto’s American fortunes.Speaking exclusively with CoinDesk after the Presidential dinner, which was met by protestors, the Tron founder dismissed allegations that the token is a vehicle for bribery. He called skeptics short-sighted, arguing Trump’s embrace…

The markets are white hot, and it’s going to be a profitable summer. But getting the right tokens at the right time is key to maximising returns. Pi Coin (PI), Cardano (ADA), Avalanche (AVAX), and Remittix are all great contenders for the hottest asset this year. Let’s see what they have on offer. Pi Coin (PI): Stanford project goes mainstream Developed by Stanford students in 2019, Pi Coin is a mobile-first blockchain. Its mainnet was released in February at $0.60 and spiked to almost $3.00 within days. But it was the wrong time to launch, and Pi Coin suffered along…

Understanding Layer-1 vs. Layer-2 Scaling Solutions Blockchain technology has struggled with scalability issues since its inception. As demand for decentralized applications (dApps) and transactions increases, many leading blockchains face slow processing times and high transaction fees. To address this, developers have turned to two primary scaling solutions: Layer-1 (L1) and Layer-2 (L2). While both aim to improve blockchain performance, they differ significantly in their approach. What Are Layer-1 Scaling Solutions? Layer-1 scaling refers to direct improvements made to the base protocol of a blockchain. These modifications aim to increase efficiency by optimizing core parameters such as block size, consensus mechanisms,…