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The cryptocurrency world always harbors new trends and narratives. The vertical is currently brimming with new energy, helping altcoins to birth new price thresholds.  While leading altcoins like Bitcoin and Ethereum are amping up to new levels, several notable tokens, such as Solana , Pepe, and Bonk, are also reclaiming their lost price spots.  The current bullish onset of the market is particularly flavorful for those who know how to maneuver the trends like a pro. However, certain crypto tokens are gearing up for the long haul and should be on every investor’s radar.  Here are the three robust crypto tokens to bank on for solid gains shortly.  Also Read: Chinese Yuan Will Never Outpace The US Dollar, Analyst Predicts Three Tokens To Place Your Bets On Right Now Image Source: WatcherGuru Cryptocurrency #1: Bitcoin  Bitcoin has noted a rather wild wave of price momentum in recent months. The token managed to breach the $70k price ceiling for a...

Filecoin’s recent price surge has drawn considerable market attention. The crypto has quickly become one of the leading tokens to interact with, surging as high as 16% in the last 24 hours.  Filecoin ’s remarkable price ascent has largely been fueled by its recent partnership with blockchain giant Solana . As reported earlier, Solana will be using Filecoin ’s robust storage services to archive its blockchain history.  Also Read: Circle To End USDC Stablecoin Support on TRON Solana Triggers Filecoin Price Rally Source: Solana FIL’s recent price surge has become a noteworthy development for crypto enthusiasts. Per the data from CoinMarketCap, Filecoin spiked as high as 217% in daily transactions, signaling increased user interest. Additionally, the coin has also positioned itself as the 12th leading crypto by market capitalization.  Filecoin’s exceptional price ascent has primarily been triggered by its recent collaboration...

Solana is known for its efficiency and scalability. It operates as a layer-1 protocol, allowing the processing of thousands of transactions per second while minimizing fees. This feature addresses the challenges that other blockchain protocols face.  In 2022, SOL, Solana’s native currency, had a turbulent year due to external factors. However, it has rebounded, rising by 500%. Currently, over 70% of all circulating SOL are staked. Focus on Solana in 2024 Solana’s commitment to high-throughput, low-latency transactions highlights its significance in 2024.  Its architecture has attracted diverse projects, including decentralized finance (defi) and non-fungible tokens (NFTs). This year, Solana is expected to achieve significant breakthroughs within its ecosystem.  It’s an opportune time to explore some of the top projects on Solana that are redefining decentralized technologies.  The below projects showcase Solana’s versatility and role as a c...

Solana DeFi platforms Marinade Finance and Orca Finance restrict access for UK users due to FCA regulatory guidelines. Marinade Finance and Orca Finance, leading platforms in Solana’s decentralized finance (DeFi) ecosystem, have implemented geo-restrictions for users in the United Kingdom, citing the need for regulatory compliance. According to the site, the restrictions are related to the latest Financial Conduct Authority (FCA) mandates. While the platform’s landing page for UK visitors displays an advisory notice, it also assures users that existing assets can be withdrawn and managed via their software development kit (SDK). Marinade Finance currently dominates Solana’s total value locked (TVL), boasting approximately $248 million in assets across its native and liquid staking offerings. When considering the broader Solana ecosystem, total assets amount to an estimated $350 million, as reported by DefiLlama. You might also like: Blockaid secures...

Solana has advanced significantly in the DeFi, NFT, and Web3 markets since its launch in April 2019. Hundreds of projects are currently underway in Solana , and more are soon to follow. According to Solana’s website, “low cost, forever” is the company’s main selling proposition. The network is engaged in direct competition with several blockchains, including Ethereum. Even though there is competition between different blockchains, users would want to bridge from Solana to the Ethereum network. Before we dive into the detailed steps on how to bridge, let us understand what is bridging. Bridging in a nutshell Bridging is nothing but the process of transferring tokens or coins from one blockchain to another one. This is essential as there exist multiple blockchains with each one having their native tokens or coins. The Bridge helps to move the assets from one blockchain to another, making the process easier. The process exists in general, especially for cryptocurrencies that don’t ...

Norby said the “experiment” was part of a plan to onboard more people onto Solana, however the stores didn’t bring in as many users as they initially hoped. Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated. Solana Spaces tweeted the news on Feb. 21 sharing a note from its founder, Vibhu Norby, explaining the reasons behind the store shutdowns. The following is a note from our founder, @vibhu. Dear @solanaspaces community, We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with… https://t.co/kjNu9Ay4Gk — Solana Spaces (@solanaspaces) February 21, 2023 Norby — who founded Solana Spaces in early 2022 — explained the company reached an “inflection point” with the stores...