Mumtaz noted Solana’s design could theoretically handle 80,000-100,000 TPS for real operations like token transfers and oracle updates. In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS
Spot crypto ETF approvals could surge in coming months, with XRP, SOL, and LTC products among the likely candidates. An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months. This comes as the regulatory landscape for these investment products solidifies. Crypto ETF Floodgates In
Bitcoin led profit-taking with $1.5B realized in July, its largest event since December 2024, according to Glassnode. A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing
Hyperliquid already dominates DeFi perps, yet its token valuation remains discounted. In less than a year, Hyperliquid captured nearly 10% of BTC and ETH perp volume. It has even surpassed DeFi rivals and is now challenging CEXs. Despite unmatched growth and revenues, HYPE trades at deep discounts to Solana and Ethereum, which has sparked
This week’s $453M release forms part of $4.7B in scheduled September unlocks, a pace that could keep volatility elevated across majors. A fresh wave of token releases is set to hit the crypto market this week, with more than $453 million worth of major assets scheduled to enter circulation. Data from the Tokenomist website
Crypto investors pour billions into Ethereum, Solana, XRP, while Sui bucks the trend. Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the
Aptos faces a $48M supply release while struggling to recover from monthly losses, testing whether recent gains can withstand fresh pressure. A wave of digital asset supply is set to enter the market, potentially testing buyer appetite across the crypto landscape. According to the Tokenomist website, major projects will unlock more than $513 million
Linea’s token plunged 35% to a record low despite top exchange listings, spotlighting the gap between hype-driven launches and market trust. Global markets are on edge as traders weigh geopolitical risks, easing inflation signals, and possible U.S. interest rate cuts next week. The turbulence has spilled into crypto, where GameStop’s pivot, Linea’s dramatic price
BTC still dominates treasuries (130+ firms), ETH counts 40+, but SOL is emerging as the “growth-stage” reserve asset for new adopters. Analysts have forecasted that Solana (SOL) treasury companies might outshine Bitcoin (BTC) and Ether (ETH) in 2025. Galaxy’s Michael Marcantonio outlined various reasons why SOL is the superior choice for such companies, including
Sui, Litecoin, and Cardano attracted modest inflows despite broader market weakness. Digital asset investment products saw $2 billion exit the market last week in the biggest outflows since February. It was also the third consecutive week of negative flows, which pushed the combined total to $3.2 billion. CoinShares attributed the downturn to ongoing monetary