Etherlink’s TVL has surged 12x to over $18 million as the Apple Farm incentive program accelerates ecosystem adoption and DeFi activity. Etherlink, the EVM-compatible Layer 2 built on Tezos Smart Rollups, has seen significant growth since transitioning from its beta phase in February. Central to this growth is the $3m Apple Farm rewards initiative, which…
After facing backlash from users over slow transactions, Coinbase has upgraded its Solana infrastructure. Coinbase is working to address issues that its users have experienced this year. On Thursday, April 17, Coinbase announced it had performed significant upgrades to its infrastructure on Solana. Notably, the improvements were implemented for Solana (SOL) transfers on both the…
NEAR is showing signs of a potential bottom after weeks of aggressive selling. A falling wedge formation on the daily timeframe, combined with extreme oversold conditions and RSI divergence, points toward a possible bullish reversal targeting the $4.66 resistance zone. NEAR (NEAR) has been in a steep and sustained downtrend, marked by heavy bearish expansions…
Bitcoin price may be on the verge of its next major breakout, and if the technicals are to be believed, this rally could be one for the books. Leading crypto analyst Titan of Crypto has issued a series of bullish forecasts for Bitcoin (BTC), pointing to a potential surge that could send the flagship cryptocurrency…
Velora plans to leverage the Across Protocol to enable users to perform cross-chain swaps in a single transaction. Cross-chain interoperability is one of the most important trends in crypto today. On Thursday, April 17, DEX platform Velora partnered with Across Protocol. In a press release shared with crypto.news, the company stated that the partnership will…
The Algorand price remains in a tight range this week, as activity in the cryptocurrency industry continues to stay muted. Algorand (ALGO), a layer-1 network, was trading at $0.1865 on Thursday, just above its lowest level this year. It has plunged by nearly 70% from its November 2023 high. Algorand is facing substantial challenges that…
Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia. AEON’s strategic partnership with Stellar (XLM) allows for support for XLM and Stellar-native USDC (USDC) as accepted payments at retail stores across major cities in Southeast Asia. The collaboration will also expand the blockchain solution across…
Galaxy Digital’s research team has unveiled a proposal to reform how Solana adjusts its token inflation rate. Part of the proposal introduces a new voting mechanism called Multiple Election Stake-Weight Aggregation. The goal is to allow validators to collectively determine future deflation rates for Solana (SOL) more efficiently and inclusively, according to a note shared…
The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.615 on April 16, mirroring the performance of other top layer-1 coins, such as Avalanche (AVAX) and Solana (SOL). ADA remains significantly lower than its all-time high of $3.1. There…
Oku has enabled BTC-backed lending and borrowing on Corn Network, powered by Morpho, unlocking new DeFi utility for Bitcoin holders. On April 17, Oku announced the launch of the Morpho Protocol on Corn Network, opening a new frontier for Bitcoin (BTC) users to engage in overcollateralized lending using BTCN, Corn’s native Bitcoin-backed token. BTCN is…
