Logo
Bankless
24 hours ago
4⃣ Mutant Garden Seeder

4⃣ Mutant Garden Seeder
Creator: harmvddorpel

Current Floor: 1.07 ETH

Why It's Undervalued: In my opinion, one of the most exceptional art series to come out of NFTs in 2021 was Mutant Garden Seeder by artist Harm van den Dorpel. In short, each of the 512 pieces in the collection dynamically evolve over time per Ethereum block hashes, making it a really compelling exploration of living art and digital organisms.

All that said, I believe a floor of ~1 ETH is just too low for a collection of this caliber, and I wouldn't be surprised to see these pieces trading around 4 ETH again within a few years as new collectors wise up to Harm's works.
Astro peng
1 day ago
🚨 The SEC reportedly returned Form S-1 to potential Spot Ethereum ETF issuers with only a few comments.

Issuers will need to process these comments and resubmit them by July 8.

This means that at least one additional round of deposits will be required before the ETF finally begins trading.

https://www.theblock.co/po...
Bankless
3 days ago
Crypto in 2024: Mid-Year Reflections

4 takeaways 👇

Crypto moves fast – like blink-and-you-missed-it fast.

The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.

Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.

TL;DR Crypto is just getting started; don't get shaken out.

Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇

1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.

In the first half of 2024, crypto broke through to the mainstream with a vengeance.

The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.

And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.

2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.

Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.

The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.

3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.

This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.

Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.

Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.

4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.

The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.

💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.

The bull market must go
Pokemon
3 days ago
Venture Capitalist GSR made a recent report suggesting that solana could be on track to join Bitcoin and Ethereum with its own spot ETF, citing its prominent role in the crypto market alongside the Big Three. #btc #eth #SOL

The impact on $SOL just might be the largest yet.
1Makavelli
3 days ago
After filing for a solana spot ETF, Vaneck comes out to discuss Solana's potential as a competitor to Ethereum, making reference to its scalability, speed, and low transaction costs.

They believe Solana's decentralized nature and high utility could establish it as a valuable commodity compared with other digital assets.
Maestro
4 days ago
Wondering about Maestro Premium?

With Premium you get ALL the bells and whistles:
🤖 Speed Boost
🤖 Advanced Simulations
🤖 Maestro Trending List
🤖 30 Concurrent Trades
🤖 96-Hour Trade Monitors
🤖 9 Multi-Wallets
🤖 10 Copytrade Wallets
🤖 5 Concurrent God Mode/Auto Snipes
🤖 Alpha Counter
🤖 Last Seen Feature
🤖 Yacht Club Membership (private chat)
🤖 Early Access to New Features

Type /premium in the bot to get started.

#MaestroBots #TradingBot #crypto #defi #Blockchain $ETH #Ethereum , $TON #TON , $BASE #Base #Solana $SOL , $METIS #Metis , $AVAX #Avalanche , $ARB #Arbitrum , $BNB #BinanceSmartChain
Astro peng
4 days ago
ETHEREUM

Him, on the other hand, makes me want to LONG so badly!

The location, its resistance against #Bitcoin   and the news concerning a launch of ETH SPOT ETFs at any moment, make me bullish!!

But it's impossible for me to LONG with my negative bias on BTC. So I prefer to wait a little longer.

Many will call me a little pussy and I will respond: "It's impossible to buy the perfect bottom and sell the perfect top."

We have the time !!!!!!!!!!
Bankless
5 days ago
Blast's airdrop is tomorrow

And the stakes couldn't be higher...

Here's what you need to know before tomorrow's drop 👇

It's almost... finally... just about here.

Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.

They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!

While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.

Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇

What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.

Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”

Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.

Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.

$BLAST launches tomorrow at 10AM EST.

Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.

Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.

In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.

The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.

An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.

On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!

Which future awaits Blast? We'll have a good idea in a few hours!

Written by JackInabinet
Bankless
5 days ago
Is Ethereum the crypto app store?

This is David's 1-minute ETH pitch to Wall Street
Maestro
5 days ago
Maestro Bots brings your favourite chains together in one bot for easy trading. No switching required.

And with our HoudiniSwap integration, bridge directly in the bot privately and seamlessly. It's as simple as typing /bridge.

Make Maestro your #1 trading bot on Ethereum, Solana, BSC, Base, TON, Metis, Avalanche or Arbitrum today.

🤖 https://t.me/Maestro

#crypto #TradingBot #Blockchain #MaestroBots #defi #Multichain $ETH #Ethereum $TON #TON $BASE #Base #Solana $SOL $METIS #Metis $AVAX #Avalanche $ARB #Arbitrum $BNB #BinanceSmartChain
Bankless
11 days ago
Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster
Astro peng
16 days ago
💬 Ethereum spot ETFs should be launched this summer according to Gary Gensler.

The S-1 registration forms for several Ethereum ETFs should be approved this summer, he said.

"The individual issuers are still working through the registration process. It's going well."

“I think they will be approved sometime this summer.”

“I think they will be approved sometime this summer.”

Solana spot ETFs very soon ?
Chemzy
17 days ago
Solana has continued it's streak oce again surpassing Ethereum in 24-hour DEX volume.

Breakdown:

▶️ Solana: $2 Billion
▶️ Ethereum: $1 .70 Billion
Chemzy
20 days ago
The Solana restaking protocol, Solayer, has garnered everyone’s attention after the success of its deposit launch.

Solayer is an innovative restaking protocol on Solana, offering functionality similar to what EigenLayer has introduced on Ethereum. The initial deposit phase was exclusive and by invitation, allowing users to restake SOL directly on the protocol or through liquid staking products such as mSOL, bSOL, JITOSOL, and INF.
Clinton
21 days ago
Paxos has announced that it will be launching its regulated stablecoin, Pax Dollar (USDP), on #Solana . This comes after receiving regulatory approval.

They stated that the reason for this was Solana's faster transaction speeds and lower costs compared to that of Ethereum
PLAYA
22 days ago
Magic Eden, initially a Solana-focused NFT marketplace, has now expanded to support Ethereum and other networks like Bitcoin and Polygon. It has surpassed OpenSea in transaction volume as of April 2024.

This shows its rapid growth and adaptability.
Bankless
23 days ago
The ETH ETF is coming to Wall Street

But how can we best sell Ethereum's potential to TradFi?

Our Top 6 Narratives 👇

"It's a Tokenization Platform"
"Ethereum is the Onchain App Store"
"It's an Internet Bond"
"ETH is Ultra Sound Money"
"It's Digital Oil"
"It's Internet Money"
Pokemon
23 days ago
solana is taking over with it's number of Daily Active Addresses count exceeding that of both Bitcoin and Ethereum combined.

Crypto enthusiasts right now are all convinced that #Solana is a revolution in the space
PLAYA
23 days ago
The co-founder of Solana, @aeyakovenko spoke on certain technical challenges experienced on Ethereum, the costly Layer 1 and separated Layer 2 landscape.

With his points, he provided reasons why #Solana would be an even better and simpler alternative for developers.

Here's the link to the video
https://youtu.be/Rd_04vVLE...
ETHEREUM VS. SOLANA: Which Blockchain Wins 2024 & Beyond? - YouTube

✨ Mint the episode on Zora ✨https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/9?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E----...

Faith
23 days ago
According to nftpulse.org/chain solana has surpassed all other chains, including Bitcoin and Ethereum, in Monthly NFT Blockchain User Adoption.

Solana's percent of Dominance is 49%
With Chain Users reaching 371K
1Makavelli
23 days ago
#Solana surpasses Ethereum in 24-hour DEX volume for the second day in a row.

▶️ Solana: $2 .50 Billion
▶️ Ethereum: $1 .23 Billion

(Solana's DEX volume is now 2x that of Ethereum)
Beverly
24 days ago
$BORPA has got a huge following of people BULLISH on the project. The anticipation is awesome with a 13x seen in whales market trading at.08.

Being the hottest memetoken with the assistance of their partner Entanglefi, BorpaToken will be using an all chain strategy by debuting on #Ethereum , #Arbitrum , #BNBChain , #Blast , and #Solana blockchains simultaneously to ensure massive adoption.

It also has a dual themed Dapp branding consisting of CRO-MAGNON Borpa and FUTURISTIC Borpa.
Wojak
1 month ago
Catronaut Solana
2 months ago
Ready for a mission briefing with Catronaut? Our adventurous tabby is all set to launch into orbit, carrying our dreams of ethical space exploration with him. 🚀🐱
-
#SpaceCat #Catronaut #CryptoCurrency #CryptoCommunity #Solana #Altcoin #Blockchain #Airdrop #Ethereum #AltcoinHodl

Nothing found!

Sorry, but we could not find anything in our database for your search query {{search_query}}. Please try again by typing other keywords.