Solana’s Ecosystem Dominates With A Significant Share Of Total Web3 DApp Revenue
In terms of price action, Solana may be demonstrating a downside trend, but its ecosystem is signaling growing dominance in the Web3 sector. After seeing notable network performance, the blockchain now controls a significant portion of the total decentralized application (dApp) revenue. A Large Web3 dApp Earnings Covered By Solana With robust network coverage, Solana, […]
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What to Know: 1️⃣ Ethereum’s ecosystem dominates the DeFi landscape with over $370B in user assets locked, far ahead of Solana ($36B) and Polygon ($4B). 2️⃣ Its success stems from powerful network effects, developer maturity, and deep liquidity, reinforcing Ethereum as the go-to platform for high-value on-chain activity. 3️⃣ Best Wallet Token ($BEST) leverages this […]
The Web3 infrastructure race heats up as more providers compete with each other, which indicates a healthy decentralization of the Web3 ecosystem. People interact with open-source applications like MetaMask, Web3 games, the metaverse and DeFi protocols every day but don’t often stop to think about what happens in the background for it all to work. If we think of Web3 as a burgeoning new city, node infrastructure providers are the underlying power grid that makes operations possible.All DApps need to communicate with blockchains, and full nodes serve billions of requests from DApps to read....
This suite of tools is designed for developers to build products and services in the DeFi, GameFi, and NFT spaces. As the world accelerates towards a decentralized future, Fireblocks, a digital assets custody platform, announced the launch of their new Web3 Engine to help foster the development of the Web3 ecosystem.The company announced on Tuesday that the dedicated Web3 engine includes a set of tools for developers to create products and services in decentralized finance (DeFi), GameFi and nonfungible tokens (NFT). Fireblocks has also opened up a world of decentralized apps (DApps),....
Solana ($SOL) isn’t just the world’s sixth-biggest cryptocurrency and a fantastic ROI opportunity (it’s up 2,600% in the past three years). It’s also the lifeblood of the DeFi and Web3 ecosystem. That’s why it has been gaining a lot of attention, especially with expectations of a crypto bull run. Solana’s Total Value Locked (TVL) now […]
Web3 ecosystem is in the nascent stage and evolving continuously with cutting-edge products and more innovators taking a keen interest in exploring blockchain in general. But, when we talk about web3 adoption at scale, it somehow fails due to some significant hurdles faced by many. For starters, if you’re a new entrant exploring the Dapps […]