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…
EVM
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
Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability
Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL). Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) by deploying Neon Stack. Solana And Ethereum Integration The primary objective of this collaboration is to integrate Solana’s transaction handling…
1 year ago
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EVMAppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program
[PRESS RELEASE – Panama City, Panama, May 2nd, 2024] AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. AppLayer offers an EVM network that’s 10 times faster than standard Golang based EVM networks and an even more amazing 65 times execution speed boost with C++ stateful pre-compiles. Imagine…
1 year ago
Subsquid Will Partner With Neon EVM to Expand Into the Solana Blockchain
Zug, Switzerland, April 25th, 2024, Chainwire Easier access to on-chain data with Subsquid data lakes can help developers use Neon EVM to the fullest. Web3 data lake and query engine Subsquid announces the upcoming partnership with Solana-powered Neon EVM to provide dApp developers easier access to Neon EVM’s on-chain data. The partnership marks the first step in Subsquid’s long-awaited expansion to the Solana blockchain. Subsquid is an innovative decentralized data lake and query engine built with utility and scalability in…
1 year ago
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EVMIOTA’s EVM Leap: Next-Gen Infrastructure Upgrades Unveiled
The upcoming IOTA EVM launch, supported by Shimmer’s infrastructure, represents a significant leap forward in blockchain technology. Recent infrastructure upgrades and new tools promise to enhance the functionality and adoption of the IOTA EVM. The IOTA technical team has been making substantial strides in their infrastructure, crucial for fostering growth and innovation within the ecosystem. Shimmer, as a standalone Layer 1 network, has been instrumental in driving IOTA’s technological evolution by being the first to test, release, and validate major…
1 year ago
A Guide to Ethereum Virtual Machine
The Ethereum Virtual Machine (EVM) is a processing engine that functions as a decentralized computer. The EVM matters because it includes millions of executable applications based on the Ethereum system. It serves as the virtual computer that the Ethereum Foundation has put at the core of its ecosystem. The EVM is the network portion responsible for executing and deploying smart contracts. The Strategic Role of EVM The EVM's job is to integrate various additional features into the Blockchain to guarantee…
3 years ago
Qtum: Combining the Best of Ethereum and Bitcoin
When it comes to blockchain, Bitcoin and Ethereum are unbeatable. Bitcoin, the most popular and stable network, gave birth to a new decentralized digital currency form. Ethereum, on the other hand, brought smart contracts that are used to power tamper-proof financial contracts and decentralized applications (DApps). In essence, Ether - Ethereum's coin was meant to complement and not compete with Bitcoin - Bitcoin's coin and the first cryptocurrency. In other words, the two networks can be combined to come up…
5 years ago