Solana price is down 21% in a week, but on-chain and derivatives data highlights investors’ confidence that the network can overcome recent hurdles.
DApps News
Built based on a decentralized framework, such as blockchain or other distributed ledger technology, decentralized applications — also known as decentralized apps, or DApps — offer products, services, games and more. DApps can offer solutions similar to the centralized apps of the mainstream world, although traditional applications function on a centralized backend with a single point of failure.
Entities can build DApps on a number of blockchains. Ethereum DApps are built on Ethereum’s blockchain, for example, while Tron DApps run on Tron’s blockchain. Blockchains operate as the backbone for these applications, giving DApps greater security through decentralization. DApps can also cut out reliance on third parties that produce or host the technology on which centralized applications may be built.
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ETH derivatives data shows pro traders’ appetite for risk declining, placing pressure on the $3,000 support level.
10115Delving into the capabilities of advanced digital infrastructure, this platform aims to facilitate transformative changes across the blockchain technology landscape.
29007SOL’s price gains today coincide with multiple upside signals: the approval of spot Bitcoin and Ether ETFs in Hong Kong and Solana's congestion issue fix.
79465Although Ordinals injected new excitement into Bitcoin, layer 2 solutions are now showcasing their advantages over layer 1, with Bitcoin poised to welcome a new L2 DeFi ecosystem powered by atomic swaps.
9951In response to the centralized AI industry, two Web3 initiatives are launching a decentralized AI ecosystem.
11362The fragmented nature of the crypto space deters many newcomers from fully embracing digital assets. This platform aims to bring change through a unified experience.
21353Solana price is down today as persistent network congestion and fading memecoin hype impact the altcoin's price.
50294Market analysts predict layer-2 blockchains are set to capitalize on Ethereum’s primary challenge to process, store and compute data, which might propel it to a $1 trillion market cap by 2030.
3704According to the report, DApp activity is up 77% over Q4 2023.
2909DApp developers can deliver a seamless user experience without making any changes in their code using account abstraction SDKs.
15266Skill-based Web3 gaming promises a new era for gamers and blockchain enthusiasts. Here’s how the shift to the challenge-and-earn model seeks to change the GameFi landscape.
15618Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.
4960Can BNB break past $620? On-chain and derivatives metrics hint positvely.
7886Onboarding the next 500 million users will require simple apps with “actual usability,” Justin Hyun told Cointelegraph.
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