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…
Kineko
Popular Crypto Betting Platform Kineko Announces Migration To Solana
Kineko, a sports betting and prediction markets protocol, is officially migrating to Solana. High gas fees and slow speed of transactions made the company behind it reconsider its presence on the Ethereum network. At times, users would have to pay hundreds of dollars per bet, which kept a lot of them out. Neither gas fees or transaction speed is an issue with Solana. Specifically, Solana's scalable model allows for much cheaper and faster transactions. Thus, the network is more effective…
4 years ago