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Metis' recent move is reviving the entire ecosystem in general and the flagship project in particular. Metis Ecosystem Accelerates Post-Growth Incentive Package Announcement On December 18th, the MetisDAO Foundation announced the Ecosystem Development Fund (EDF) valued at 4.6 million METIS. Initially equivalent to about $100 million USD, this
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Ethereum developers have outlined an anticipated schedule to roll out the Dencun upgrade across various testnets, culminating in the mainnet launch by late February 2024. Upgrade Dencun of Ethereum Scheduled for Late February 2024 At a recent bi-weekly meeting, Ethereum developers tentatively set the deployment schedule for the Dencun upgrade
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This move can be seen as one of PancakeSwap's efforts to reduce CAKE token inflation rate annually to just 3 - 5%. PancakeSwap Proposes 40% Supply Reduction, CAKE "Pumps" 25% On the afternoon of December 21, 2023, PancakeSwap, the leading DEX platform on the BNB Chain
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SOL is currently trading at its highest level in 20 months, driven by the vibrancy of the DeFi ecosystem and the resurgence of the memecoin craze. Solana (SOL) Hits New Yearly High, Surpasses XRP to Enter Top 5 Market Cap. Photo: CNBC Solana (SOL) has officially surpassed XRP, becoming the
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EigenLayer's cumulative TVL (Total Value Locked) has once again surged following its decision to increase limits on liquid restaking pools. TVL EigenLayer Approaches $1 Billion USD After Boosting Restaking Limits After increasing limits on liquid staking pools, EigenLayer's TVL has skyrocketed in the past day, reaching
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The Shiba Inu development team is collaborating with D3 to introduce the '.shib' internet domain, in an effort to move away from the memecoin shadow. Shiba Inu Prepares to Launch '.shib' Internet Domain. Photo: Fast Revealed on the project's Telegram channel, a Shiba Inu
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Over the past two months, Google Trends has recorded a "massive" increase in searches related to the keyword Solana. Keyword Searches for "Solana" Surge 250%. Image: Forbes Data from Google Trends reveals that searches for the keyword "Solana" have surged by 250% since late
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Osmosis' token OSMO has doubled in value over the past month, alongside a significant increase in trading volume and network activity. Trading on Osmosis "Surges" - OSMO Price Doubles in a Month OSMO token has more than doubled in value over the past month, coinciding with a
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Just a day after Arbitrum encountered technical issues, zkSync Era has become the next network to face problems and is unable to produce new blocks. zkSync Era Follows Arbitrum in Facing Block Production Halt Update: In their latest announcement, zkSync Developers stated that transactions are still being processed and urged
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The Twitter community on the evening of December 15th discovered that Arbitrum encountered an issue and was unable to produce blocks for nearly one hour. Arbitrum Faces Continued Block Production Halt Update as of the morning of December 16th, 2023: Arbitrum has provided an official update early on December 16th,
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The Twitter community on the evening of December 15th discovered that Arbitrum encountered an issue and was unable to produce blocks for nearly one hour. Arbitrum Faces Continued Block Production Halt Update as of the morning of December 16th, 2023: Arbitrum has provided an official update early on December 16th,
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Coti, a project within the Cardano ecosystem, recently announced plans to deploy a Layer-2 network on Ethereum in the coming year. Coti Develops Layer-2 Solution on Ethereum This move signifies a shift from Coti's current Directed Acyclic Graph (DAG) blockchain model to Ethereum's Layer-2 mechanism. Introducing