Institutions Exit Bitcoin In Large Tranches, Ethereum, Solana And XRP See Mas...
New reports reveal that institutional investors are pulling out of Bitcoin (BTC) and now moving funds into Ethereum (ETH), Solana (SOL), and XRP. According to a new CoinShares report, ETH, SOL, and XRP are seeing strong inflows as investors take advantage of price dips, even as BTC experiences one of the largest weekly outflows of […]
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Institutional investors offloaded a significant amount of Bitcoin and Ethereum last week based on the outflows from crypto funds. Meanwhile, XRP and Solana stood out as they were among the few altcoins that recorded net inflows. Institutions Dump Bitcoin And Ethereum For XRP And Solana A CoinShares report revealed that Bitcoin and Ethereum funds experienced […]
One developer, “0xIchigo,” behind Helius, a software company developing infrastructure for users to build on Solana, thinks Solana is winning the energy efficiency race. However, competing platforms, especially Ethereum, are here to stay. Ethereum Is Here To Stay, Solana Is Winning The Energy Efficiency Race Ethereum and Solana aim to serve the same user base, but the […]
Solana, Bitcoin, Ethereum, and the broader crypto market experienced a tumultuous start to the week, with one of the most severe price crashes since the collapse of FTX. While macroeconomic factors were primarily responsible for this downturn, substantial sell orders from Jump Crypto, a division of the prominent Chicago-based quantitative trading firm Jump Trading Group, also played a significant role. In the 10 days leading up to the crash, Jump Trading transferred $277 million worth of ETH to various exchanges, significantly intensifying selling pressure across the cryptocurrency market.....
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols. Solana Emerges As The Undisputed Speed Champion According to the findings, Solana has proven to be the fastest among large blockchains, with its actual daily average transactions per second....
Ethereum is facing its largest validator exit in history as more than 2.6 million ETH, worth over $12 billion, have entered the withdrawal queue. According to on-chain data from ValidatorQueue.com, the exit backlog has surged to unexpected levels, and the investors making the withdrawals are now facing a wait time of more than 44 days […]