Centrifuge has launched the first licensed S&P 500 index fund on blockchain, the Janus Henderson Anemoy S&P 500 Fund (SPXA), on Coinbase’s Base network, enabling around-the-clock trading. #Update #Crypto $SPXA
Vitalik Buterin supports @Base and similar Layer 2 solutions as Ethereum infrastructure, not exchanges, amid SEC regulatory discussions. Experts warn misclassification could stifle innovation. #Update #Crypto $ETH
Ethereum co-founder Vitalik Buterin praised @Coinbase’s Base network as a model for Layer 2 solutions, noting its security and usability, with nearly $15B TVL and 160 TPS. #Update #Crypto $ETH
Bitcoin’s price held steady between $83,000 and $85,000 with a 2% weekly rise, while Ethereum struggled above $1,700 amid major institutional investments by Strategy and Metaplanet. #Update #Crypto $BTC (+3) ↗
@BuildOnBase denies selling $ETH, asserting transparency and reinvestment in Ethereum’s ecosystem amid allegations of off-chain custody and fee management. #Update #Crypto $ETH (-4) ↘ (Source: CryptoSlate)
@Coinbase’s Base aims to secure $100 billion in on-chain assets and attract 25 million users by 2025, focusing on scaling transaction efficiency and developer tools. The network, a leading Ethereum layer-2 solution, has no plans for a native token. #Update #Crypto (+6) ↗
@Solana’s layer-1 network surpassed $3.8 billion in 24-hour DEX trading volume, outperforming both Ethereum and Base combined, as reported by DefiLlama. • #Update • #Crypto • $SOL • (+6) →
@Base is exploring bringing $COIN to its layer 2 by 2025, but there are no concrete plans yet, as regulatory clarity is needed for U.S. citizens. • #Update • #Crypto • $COIN • +3 • →
$SOL surpasses $ETH as the top blockchain for new developers, attracting 7,625 in a year. Solana’s efficiency and low transaction costs drive its growth, powering 81% of decentralized exchange transactions and 64% of global NFT minting.
Polygon processes 579.97B gas units daily at just $65.48K, outpacing BNB Mainnet and Ethereum in cost-efficiency. As DeFi grows, Polygon’s scalable solution attracts users seeking low-cost transactions.
Base, a new blockchain platform, sees rapid growth, increasing daily active users from 437K to 642K in two days. With 2.766M daily transactions, Base is challenging @Solana by addressing Ethereum’s scalability. #Blockchain #Update
Newcomer Base is challenging Solana in the DeFi market, with daily active users surging from 437,214 to 642,630 in just two days! #DeFi #CryptoNews
Coinbase-backed Base surpasses Arbitrum and Optimism in daily transactions, hitting 2.7M on June 4. With 31.37 TPS and $7.64B TVL, it’s leading the Ethereum layer-2 networks. #Crypto #Blockchain
Degen Chain, an Ethereum layer-3 blockchain, experienced a two-day outage but has now resumed operations, with block indexing 95% complete. This incident underscores the importance of layer-3 networks in enhancing Ethereum’s scalability.
