Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Dapps
Supra Launches Containers: Dedicated L1 Block Space for Dapps
Source: Depositphotos Layer 1 blockchain Supra has unveiled its latest developer product with the promise of shaking up the dApp landscape. Supra Containers operate as modules that guarantee exclusive block space to specific dApps – signaling an end to onchain congestion and scaling issues. Dedicated Space for Hungry Dapps Popular decentralized applications (dApps) consume significant onchain resources such as storage and compute. This can come at a high cost to developers, who are burdened with subsidizing these costs or passing…
8 months ago
Introduction to Decentralized Applications (DApps)
The post Introduction to Decentralized Applications (DApps) appeared first on Coinpedia Fintech News Introduction In the fast-changing world of blockchain tech, Decentralized Applications (DApps) play a big role. Unlike regular apps, DApps run on decentralized networks, which makes them open, safe, and user-controlled. Learning to build DApps is key for blockchain coders, as it can shake up industries by cutting out middlemen and creating trustless interactions. This guide lays out a step-by-step plan to help you make your own DApp,…
10 months ago
Ethereum DApps On Fire: Volume Soars Over 90% — Good For ETH Price?
Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the dApp volume explosion to the Dencun upgrade in March, which significantly reduced gas fees – the cost associated with processing transactions on the Ethereum network.…
11 months ago
BREAKING: Fantom and Sonic Labs Launch $200M Innovator Fund for dApps
Fantom and Sonic Labs announce a $200 million FTM Innovator Fund to boost dApp adoption. Strategic grants prioritize current Fantom ecosystem applications, supporting blockchain innovation. Together with Sonic Labs, the Fantom Foundation has launched the Sonic Labs Innovator Fund. With this initiative, Fantom’s treasury will contribute up to 200 million FTM in order to expedite the quick integration of other partners and decentralized apps (dApps) into the Sonic network. Announcing: Sonic Labs Innovator Fund We're committing up to 200,000,000 FTM…
12 months ago
SolanaVM is Bringing 68 Billion Value EVM dApps to Solana, With Their EVM Compatible L2 Chain
London, UK, May 8th, 2024, Chainwire In a world where decentralized finance (DeFi) operates with unprecedented speed, transactions are completed in nearly real-time, and transaction fees are significantly reduced from current rates. This vision is not merely aspirational; it is the future being constructed by SolanaVM. SolanaVM focuses specifically on bridging the gap between Ethereum, the current leader in DeFi, and Solana, a high-speed blockchain network. The total Value Locked on EVM is currently over 68,000,000,000, now imagine them being…
1 year ago
BNB Chain To Incubate Three Top Innovative Dapps
[PRESS RELEASE – DUBAI, UAE, April 11th, 2024] The second installment of BNB Chain’s 2024 Hackathon features a US$470,000 prize pool and the theme of ‘Coding the Future’ Quarterly sponsors of the hackathon include Baby Doge and Holoworld AI BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of its “Coding the Future” online hackathon for Q2 of 2024. The Q2 installment of the BNB Chain Hackathon 2024 is sponsored by…
1 year ago
What is Ethereum Whisper? A Guide for Beginners
The distributed ledger system supporting blockchain technology has recently caught Wall Street's interest. The potential for disruption in the financial industry and beyond is becoming more evident daily. As a result, blockchain has high potential, from cross-border payments to settlements and clearing over-the-counter derivatives. As many know, one of the leading players in this industry is Ethereum. The goal of Ethereum is to establish a new protocol for building decentralized apps (or Dapps). These apps offer various features that are…
3 years ago
1inch Introduces “Spot Price Aggregator” Tool To Fetch Price Data For Display In DApps
The popular decentralized exchange aggregator “1inch” has dropped another useful tool for Web 3 and Defi developers. This time, it's the “spot price aggregator” – a tool that extracts price data for tokens traded on multiple DEXs right from the blockchain. This data can be incorporated right into any person’s project, using publicly available smart contract addresses and source code on Github. What is the Spot Price Aggregator? According to a press release shared with CryptoAdventure, the new tool works…
3 years ago
The Best Crypto Mobile Wallets to Store in 2023
In 2022, crypto trading will continue to become more mainstream. However, there is often a lot of confusion around the “best” mobile wallet to safely store your currency. The truth is that the available range of mobile wallets can overwhelm users. A crypto wallet works just like a physical wallet in a modern sense. But instead of paper-based currency, it holds digital cash with proof of security. Understanding that a crypto wallet can be an online site, an app, a…
3 years ago