By Shikha Singh
Ethereum Exchange Reserves Jump By Over 100,000 ETH.
Ethereum rose over 3% to close at $2,440, despite a spike in exchange reserves indicating potential sell-offs as more than 100,000 ETH moved to exchanges in a day. Strong buyer demand balanced the inflows, helping to maintain Ethereum’s price level amid selling pressure.
Fractal Bitcoin Launches a Special Version of the Ordinals Protocol.
Fractal Bitcoin launched a specialized version of the Ordinals protocol to enhance development on the Fractal network, integrating Ordinals and Rune at specific block heights. The update includes a Satoshi Index adjustment for compatibility with Ordinals transactions, underscoring Fractal’s commitment to open-source innovation.
Base Blockchain Active Addresses, Transactions Hit All-Time High.
Base Blockchain, Coinbase’s layer-2 network, is thriving with 1.964 million active addresses and 4.8 million transactions, despite the “crypto winter.” With 348 dApps, a $1.57 billion total value locked, and high-speed, low-cost transactions, Base is now the third-largest chain in the decentralized exchange industry, processing $3 billion in volume.
Solana Developers Gain Access to World ID with Wormhole Integration.
Wormhole has integrated World ID with Solana, allowing developers to add privacy-focused authentication to DApps using World ID’s secure system. This integration enhances cross-chain compatibility and follows a grant from the Worldcoin Foundation, highlighting Wormhole’s commitment to blockchain interoperability.
Cardano (ADA) Releases Ogmios v6.7.0 Upgrade.
Cardano (ADA) launched Ogmios v6.7.0 to address transaction issues from past eras like Alonzo during newer phases like Conway. This upgrade eliminates “era mismatch” errors and improves the interaction between Cardano’s consensus and JSON/RPC endpoints. The update also coincides with DEX Screener’s tracking of 34 ADA-based liquidity pools.
Tada’s New Telegram Mini App Lets Singapore Users Pay with Toncoin and USDT.
Tada has partnered with the TON Foundation to enable cryptocurrency payments for rides in Singapore using Toncoin (TON) or Tether (USDT) via Telegram’s Mini App. Announced at the Token2049 conference in Dubai, the integration offers 4,000 free and discounted rides, enhancing Tada’s zero-commission ride-hailing service across Southeast Asia.
POL Token Soars 15% with Binance Listing Announcement.
Polygon’s POL token surged 15% after Binance supported its trading, transitioning from the MATIC token. POL’s price rose to $0.45, driven by market enthusiasm for Polygon’s tokenomics adjustments, including a 2% annual supply rate. The MATIC-to-POL transition is praised as a model for other crypto projects, boosting confidence in Polygon’s evolution.
CryptoPunks Lead NFT Market Recovery Despite Overall Sales Decline.
The NFT market saw a 7.91% decline in weekly sales to $74.86 million, led by Ethereum’s 9.73% drop to $27.25 million. Bitcoin, however, surged 31.01% to $14.89 million, with top collections like CryptoPunks gaining 9.45%. Despite market downturns, the sector is projected to reach $683.9 million in 2024, fueled by notable sales like Cryptopunk #9368 for $1.27 million.
CATIZEN Launches AirDrop Interface Without Token Allocation to Team.
CATIZEN launched its AirDrop interface with a community-focused Token Generation Event (TGE), allocating 30.5% of its supply to the community without any tokens for the team, investors, or advisors. The initiative includes AirDrops, launch pools, and liquidity, driving engagement and growth for CATI coin, which is now trading at $0.7339.
Bittensor Tops Crypto Charts as AI Tokens Ride Nvidia Wave.
Bittensor (TAO) led the top 100 cryptocurrencies with a 31% price surge, driven by Nvidia’s 13.5% stock rally that boosted AI-focused tokens. With a market cap over $2.51 billion, TAO reached $313.59, as Nvidia’s performance spurred the AI-crypto market cap to $23.9 billion, highlighting the growing intersection of AI and crypto sectors.
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