Unlock the Future of DeFi with ListaDAO: An Open Source Decentralized Stablecoin Lending Protocol
# What is ListaDAO?
ListaDAO functions as an open-source decentralized stablecoin lending protocol developed by LSDfi. This innovative platform allows users to engage in staking and net staking while also offering the ability to borrow lisUSD against a variety of decentralized collateral. ListaDAO offers a versatile and secure environment for users to manage and leverage their assets within the constantly evolving DeFi ecosystem.
# Benefits and rights of list holders
Profit sharing
By locking their Lista tokens to veLISTA, users become eligible for profit sharing. This means that dedicated participants can earn a share of the revenue generated by the protocol, offering a steady stream of passive income.
Voting Meter
Lista token holders can lock their assets as veLISTA, giving them the power to vote on critical protocol decisions. These decisions include selecting collateral types to mint lisUSD and determining which liquidity pools should receive the highest issuance. This democratic process ensures that the community plays a crucial role in guiding the protocol's operations and future developments.
Protocol Encouragement
ListDAO rewards its users through protocol incentives. By borrowing lisUSD against their collateral or participating in liquidity farming in the lisUSD and slisBNB pools, users can earn additional Lista tokens. This system encourages active engagement and helps maintain robust liquidity within the ecosystem.

Jupiter Price Prediction: JUP Soars 8%, But Experts Say This AI Meme Coin Could Be the Best Crypto...
Jupiter's price rose 8% in the last 24 hours to trade at US$ 0.786 at 00:42 EST, with trading volume that soared 86% to US$ 131 million.
This comes as the decentralized exchange (DEX) launches its Jupiter Swap V3, leveraging the new Metropolis liquidity backend to enable instant routing, dynamic swiping, smart token filtering, and ecosystem token listing.
Metropolis
We have completely redesigned our backend systems to solve key user issues including discovering new tokens, difficulty figuring out the correct secure swipe, finding the right token, important notices, and more.
This allows Jupiter to keep up with the explosive number… pic.twitter.com/TNOuV3dJBc
— Jupiter 🪐 (@JupiterExchange) June 24, 2024
Jupiter Price Preparing for a Breakout Above Consolidation Channel
Jupiter price has been in a downtrend since the beginning of June, which was mainly fueled by the death cross of US$ 1.10, according to data from GeckoTerminal.
However, Jupiter price appears to have found support around US$ 0.7247 as the token entered a consolidation channel over the last week, trading in the range of US$ 0.72 and US$ 0.80.
JUP appears to be preparing for a rally as the Jupiter token trades within the upper boundary of the consolidation channel.
JUP price trades well above the 50-day and 200-day simple moving averages (SMAs), with the 50-day SMA acting as a critical support level around US$ 0.7493.
Furthermore, the Relative Strength Index (RSI) is rising towards the overbought region of 70, currently at 68, which shows that the token is under intense buying pressure.
On the 1-hour chart, the Moving Average Convergence Divergence (MACD) supports the upcoming bullish stance.

2010: It's useless. 😪
2011: It is very expensive to mine. 🤞
2012: Very volatile.😓
2013: It's late, it's already gone up a lot. 😕
2014: It's dead 💀
2015: I'm tired. 😡
2016: Holding is crazy. 🙄
2017: It's a miracle, but I sold everything. 🚀
2018: It's dead (2) ☠️
2019: I even bought it, but it just fell. 🌠
2020: The pandemic will kill you. 🫁
2021: Altcoins are better 👍
2022: It's just fraud. War will bring down 🥰
2023: It only went up because I switched to stable 👀
2024: It won't make anyone rich anymore 😂
2025: ?
Every year there are new excuses to stay out of Bitcoin's explosive growth.
Altcoins will only grow after it reaches its historic high 👍🚀

Here is a list of discounted Altcoins with great potential
1. Render (RNDR)
- Render is in a favorable buying zone and showing a strong recovery. This altcoin is currently undervalued, making it a promising investment as the market points to a recovery.
2. Pursue AI (FET)
- Fetch AI is making gains, supported by market movements and manipulations. The drop in its price presents an opportunity for potential growth when the market recovers.
3. Pendle (PENDLE)
- Pendle has demonstrated resilience, making it a good candidate for investors looking for altcoins with growth potential. Its current low price could generate significant returns in the upcoming altcoin season.
4. Arweave (AR)
- Arweave is also in the buy zone, recovering well from recent lows. It remains an attractive option for investors looking to capitalize on discounted prices and a potential market recovery.
5. Axie Infinite (AXS)
- Axie Infinity has recovered from its buy zone, presenting an opportunity to invest at a lower price. As the market recovers, AXS could offer substantial returns.
6. Sintetix (SNX)
- Synthetix has fallen over the past 90 days but shows signs of recovery over the past week. The current discount of this altcoin makes it a viable option for long-term investment.
7. Filecoin (FIL)
- Filecoin's recent performance has been weak, but it is positioned for a comeback. The drop in its price is an opportunity for investors looking to buy its potential recovery.
8. Immutable X (IMX)
- Immutable X is another altcoin to consider, with a promising outlook despite current price drops. Its recent performance suggests it could be poised for a significant recovery.

Top five meme coins for long-term investment
Meme coins have taken the crypto world by storm, combining humor with financial opportunities.
Floki (FLOKI)
Named after Elon Musk's Shiba Inu, Floki aims to combine the power of memes with real utility. It supports several projects, including an NFT gaming metaverse, DeFi partnerships, and charitable initiatives. Floki's community-driven approach and bold vision set it apart in the meme coin landscape.
Dogecoin (DOGE)
The original meme coin, Dogecoin, started out as a joke but has since become a cultural phenomenon. Dogecoin has seen remarkable growth. It's widely accepted for payments and tips, and its fun and friendly image keeps it popular among crypto enthusiasts.
Bonk (BONK)
Bonk is another Shiba Inu themed meme coin on Solana for the people, by the people, with 50% of the total supply airdropped to the Solana community. It is designed to be a fun and engaging token while offering rewards to holders. The Bonk community actively participates in decisions, driving the development and expansion of the currency.
Pepe Coin (PEPE)
Pepe is a deflationary meme coin launched on Ethereum.
Inspired by the popular internet meme, Pepe the Frog, Pepe Coin aims to leverage the viral nature of its namesake. It is a relatively new entrant in the meme coin market, but has quickly gained traction due to its humorous branding and active community.
Meme (BOME)
The Meme Book is not just another meme coin in the crowded crypto space; is an ambitious project designed to immortalize meme culture within the blockchain. Leveraging decentralized storage solutions like Solana, Arweave, IPFS and future expansions.
Remember to like, share and follow
$ Shib $ Doge $BOME $PEPE

💫BINANCE TOP 5 COINS IN JUNE 2024💫
$SOL
Solana is known for its extremely fast transaction speeds and scalability, which makes it a strong competitor to Ethereum. its unique Proof of Stake (PoS) system allows for fast transaction processing without compromising security or decentralization.
🌟FUTURE PRICE FORECAST🌟
SOL is currently stable around US$ 170. My prediction is that the price may rise to US$ 190-US$ 200 by the end of the month.
$MATIC
Since April 2024, the Matic (Polygon) coin has been in a consolidation phase. On the 1h time frame, the MACD indicator is turning bullish. The bullish histogram formation indicates that buyers are showing interest in this token.
🌟FUTURE PRICE FORECAST🌟
At the time of writing, the current price of Matic is US$ 0.65. Matic coin price could rise to US$ 1.06 in the short term, which is an incredible profit if we invest in this crypto gem today
$NEAR
The NEAR Protocol (NEAR) aims to provide an easy-to-use, developer-focused blockchain platform. Upcoming Protocol Building Bridges on Blockchain
🌟FUTURE PRICE FORECAST🌟
currently NEAR is holding steady around US$ 7. My prediction is that the price may rise to US$ 8.5 to US$ 9.5 by the end of the month.
$LINK
Chainlink was founded in 2017 and has quickly become one of the leading protocols in the decentralized finance (DeFi) space. The protocol uses advanced technology to ensure data integrity and prevent tampering, making it a preferred choice for many decentralized projects.
🌟FUTURE PRICE FORECAST🌟
LINK is currently at US$ 15.20, according to analysts. LINK this June could be subject to US$ 22, which could be a huge price for LINK
$ARB
Arbitrum is an Ethereum layer 2 cryptocurrency. The ARB token is a very undervalued cryptocurrency and may have the potential to rise even higher.

Bitcoin Jumps to US$ 67K with BTC Miners Rising 5% to 10%; XRP Leads Altcoins
The digital asset market saw a quick reversal on Monday, with bitcoin {{BTC}} erasing an initial decline to nearly US$ 65,000 and returning to the US$ 67,000 level over the three-day period.
The US$ 65,000 area was the same level from which bitcoin bounced during last Friday's big frenzy. At press time, it was trading at US$ 66,800, up 0.9% in the last 24 hours.
Most altcoins also recovered but lagged BTC on the daily time frame. Ether {{ETH}} was still in the red with a 0.7% decline during the same period, while dogecoin {{DOGE}}, shiba inu {{SHIB}} and layer-1 network native tokens Avalanche {{AVAX }} and Near {{NEAR}} fell 2%-5%.
Ripple's XRP {{XRP}} has outperformed most major cryptocurrencies with its 5% daily gain and was recently the only cryptocurrency - other than BTC - on the broad-market crypto benchmark CoinDesk 20 Index with a positive daily performance . Several smaller, publicly traded bitcoin miners have seen double-digit gains. Hive Digital Technologies (HIVE), TeraWulf (WULF), Canaan (CAN) rose 10%-20% during the day, while large-cap miners Marathon Digital (MARA) and Riot Platforms (RIOT) rose 4%.
Moving away from traditional markets, the broad-market S&P 500 and technology-based Nasdaq 100 continued to rise to new all-time highs and were up 0.9% and 1.2%, respectively.
Read more: See why Bitcoin isn't keeping pace with the Nasdaq
Bitcoin has been swinging sideways in a narrow range below its all-time high prices since March, eliminating excess leverage in liquidation cascades and certainly causing some impatience on the part of market participants, especially the number-pushing crowd.

Crypto Airdrop Guide and How I Make $10,000 with Airdrop and How You Can

1. Standard Airdrop: Tokens are distributed to users who sign up or register for the airdrop event. These airdrops typically require participants to provide an email address and a cryptocurrency wallet address.
2. Holder Airdrop: Tokens are given to users who hold a specific cryptocurrency in their wallets at a predetermined time. For example, if you own a certain amount of Ethereum, you can receive tokens from a project running on the Ethereum network.
3. Bounty Airdrop: Participants earn tokens by completing specific tasks, such as promoting the project on social media, writing blog posts, or creating videos. These tasks help publicize the project and increase engagement.
4. Exclusive Airdrop: Tokens are distributed to a select group of users, often based on their loyalty to the project or their participation in previous airdrops. These airdrops aim to reward the most dedicated supporters.
5. Fork Airdrop: Occurs when a blockchain undergoes a fork and holders of the original cryptocurrency receive an equivalent amount of the new cryptocurrency. A well-known example is the Bitcoin Cash fork of Bitcoin.
Real-life examples of successful airdrops
1. Uniswap (UNI) Airdrop: In September 2020, Uniswap, a decentralized exchange, released 400 UNI tokens for each user who interacted with the platform before September 1, 2020. The value of the airdrop tokens increased, giving the first users a significant windfall.
2. Stellar (XLM) Airdrop: Stellar has conducted multiple airdrops, distributing millions of XLM tokens to Bitcoin and Keybase users. These airdrops helped increase Stellar's user base and liquidity.
3. Bitcoin Cash (BCH) Airdrop: When Bitcoin Cash forked from Bitcoin in 2017, Bitcoin holders received an equivalent amount of BCH, providing them with substantial value.

🚨What happened in Crypto in the last 12 hours?🚨
• Gensler anticipates approval of Ether ETF S1 by the end of summer.
• Coinbase lists $PIRATE, and Coinbase Future will list $BOME and $NOT on June 20.
• $BEAM - Sophon announced that $SOPH Farming will open on June 18th. The first asset announced for staking is $BEAM.
• $COTI - COTI Network announced that Testnet V2 will be launched soon and a vote on Treasury rate changes will take place on June 18.
• $HLG – Holography was exploited by a malicious actor who minted an additional 1 billion HLG.
• $MANTA - Manta Network launched a US$50 million fund to stimulate the growth of the ecosystem.
• $MNDE - Marinade Finance announced the launch of Season 3, distributing 25 million MNDE to eligible users over the next 3 months.
• $NEAR - The NEAR Foundation launched an independent entity called #nufflelabs, which secured $13 million in strategic funding.
• $STRK - The largest $STRK token unlock event (~$80 million) will be on June 15th.
• $SWISE - StakeWise announced a partnership with MetaMask to launch wallet-native Pooled Staking.
• $TON - TON announced reaching US$500 million in TVL, a 2,000% increase from US$22.9 million in March 2024.
• DWF Labs announced a partnership with $LTO and $GME.
#newmichwillstated that the Curve Finance team and he are addressing the current settlement risk. His large positions caused $10 million in bad debt, only affecting the CRV market at lend.curve.fi. Egorov has refunded 93% and will refund the rest soon to mitigate the impact on the user. $CRV

Top 10 Artificial Intelligence (AI) Cryptocurrencies
1. Fetch.AI (FET)
Market value: US$4.4 billion
FET
1,652
-4.45%
2. Render (RNDR)
Market value: US$3.5 billion
RNDR
8,664
-6.64%
3. Bittensor (TAO)
Market value: US$2.55 billion
SO
324.9
-10.17%
4. The graph (GRT)
Market value: US$2.5 billion
5. Theta Network (THETA)
Market value: US$1.9 billion
6. Akash Network (AKT)
Market value: US$970 million
7. SingularityNET (AGIX)
Market value: US$960 million
8. AIOZ Network (AIOZ)
Market value: US$746 million
9. Prime Tier (PRIME)
Market value: US$534 million
10. Ocean Protocol (Ocean)
Market value: US$432 million#BTCFOMCWatch#CPIAlert#TopCoinsJune2024#altcoins #aitcoinsboom

$NEAR  is showing upward momentum as $BTC  gains strength, advancing after confirming a support level near $7 and recovering towards the next target of $9.7 on huge volume. Don't miss the rally!
In the past, we have seen a 720% increase in profit.

BINANCE TOP 5 COINS IN JUNE 2024💫
$SOL
Solana is known for its extremely fast transaction speeds and scalability, which makes it a strong competitor to Ethereum. its unique Proof of Stake (PoS) system allows for fast transaction processing without compromising security or decentralization.
🌟FUTURE PRICE FORECAST🌟
SOL is currently stable around $170. My prediction is that the price could rise to $190-$200 by the end of the month.
$MATIC
Since April 2024, the Matic (Polygon) coin has been in a consolidation phase. On the 1h time frame, the MACD indicator is turning bullish. The bullish histogram formation indicates that buyers are showing interest in this token.
🌟FUTURE PRICE FORECAST🌟
At the time of writing, Matic's current price is $0.65. Matic coin price could rise to $1.06 in the short term, which is an incredible profit if we invest in this crypto gem today
$NEAR
The NEAR Protocol (NEAR) aims to provide an easy-to-use, developer-focused blockchain platform. Upcoming Protocol Building Bridges on Blockchain
🌟FUTURE PRICE FORECAST🌟
NEAR is currently holding steady around $7. My prediction is that the price could rise to $8.5 to $9.5 by the end of the month.
$LINK
Chainlink was founded in 2017 and has quickly become one of the leading protocols in the decentralized finance (DeFi) space. The protocol uses advanced technology to ensure data integrity and prevent tampering, making it a preferred choice for many decentralized projects.
🌟FUTURE PRICE FORECAST🌟
LINK is currently at $15.20, according to analysts. LINK this June could be subject to $22, which could be a huge price for LINK
$ARB
Arbitrum is an Ethereum layer 2 cryptocurrency. The ARB token is a very undervalued cryptocurrency and may have the potential to rise even higher.

AI-Linked Cryptocurrencies Drop After Apple Developer Event
According to CoinDesk, Apple's annual developer event, which included the reveal of its artificial intelligence (AI) plans, led to a nearly 2% drop in the company's shares. This has had a ripple effect on AI-related cryptocurrencies, which have underperformed in the broader digital asset market.
Cryptocurrencies linked to artificial intelligence, such as Render (RNDR), Fetch.ai (FET) and SingularityNET (AGIX), have seen a decline of 3% to 5% in the last 24 hours. Bittensor's TAO also suffered a significant drop, dropping almost 6% over the same period. The Layer-1 network's Near Protocol also saw a 3.2% reduction.
The CoinDesk Computing Index, which includes tokens with AI-related utilities, was one of the worst-performing sectors among digital assets. It lost 2.5% in market value during the day, underperforming Bitcoin and the broader digital asset benchmark, the CoinDesk 20 Index.
The decline came as expectations were high for Apple to reveal its AI plans at the Apple Worldwide Developers Conference (WWDC2024). The company announced Apple Intelligence, a suite of AI capabilities for iPhones, Macs and other products, and a partnership with Sam Altman's OpenAI to integrate ChatGPT into Apple software. Despite these announcements, Apple shares closed the trading session down almost 2%, even with the main US stock indexes recording slight gains.

New Solana Memecoin FTX Reborn Will Skyrocket 14,000% in 48 Hours
FTX Reborn (FTXREB), a new Solana memecoin that launched on Sunday, is poised to explode over 14,000% in price in the coming days.
Currently, FTX Reborn can only be purchased through Solana decentralized exchanges such as Jupiter and Raydium, and early investors will be able to earn huge returns in the coming days.
Early investors in SHIB and DOGE have seen astronomical returns, and FTX Reborn could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have invested funds in this new Solana memecoin.
FTX Reborn launched with over US$ 4,000 of liquidity locked, giving it a unique advantage over most other new memecoins, and early investors could make huge gains.
To purchase FTX Reborn on Raydium or Jupiter prior to the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet and exchange Solana for FTX Reborn by entering their contract address – 7hJSBtA9Fg4CuKY3546iVsVDPKP3NfCDK96YRKd19BJT – in the receive field.
In fact, early investors could earn similar returns to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If that happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins such as Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

The Most Underrated Altcoins That Could Make Millionaires by the End of the 2024-2025 Bull Run
As we approach the 2024-2025 bull run, several altcoins are poised to generate extraordinary gains. Here are the five most underrated altcoins that could potentially make you a millionaire:
1. Cardano (ADA):
Cardano is more than just a cryptocurrency; is a robust blockchain platform for smart contracts and decentralized applications. With its continued development and strong community, ADA has the potential to see significant price appreciation as more projects are launched on its network.
2. Ripple (XRP):
Despite ongoing legal challenges, XRP continues to be an important player in the world of cryptocurrencies, especially for cross-border payments. If Ripple successfully resolves its legal issues, XRP could rise, generating substantial profits for early investors.
3. Polygon (MATIC):
Polygon is solving Ethereum's scalability issues by providing Layer 2 scalability solutions. As more decentralized applications migrate to Polygon for lower fees and faster transactions, MATIC's value could skyrocket.
4. Shiba Inu (SHIBA INU):
Often dubbed the “Dogecoin killer”, Shiba Inu has grown exponentially in popularity. With strategic token burning and new developments in its ecosystem, SHIBA INU could provide substantial returns to its holders.
Keep an eye on these altcoins as they have the potential to turn small investments into significant wealth by the end of the upcoming bull market.

Solana Ecosystem: Primed for a Bull Run 🚀
Tristan Frizza, the visionary founder of Zeta Markets, noted an upward trend on the Solana network, attributing the rise of **SOL** to an increase in memecoin activity. “Memecoins have become a fundamental force driving Solana’s vibrant ecosystem,” explains Frizza. “Solana’s robust platform, capable of handling a large volume of transactions with minimal fees, creates an ideal habitat for users 🌐.”
Highlighting Solana's impressive on-chain metrics, Frizza notes that its Total Value Locked (TVL) has surpassed the **\$4.9 billion** mark. “This increase is a testament to the vigorous activity of the network, with the monthly active address count reaching a record peak of 41.65 million in May,” he adds, highlighting the growing engagement of users.
The latest Bitfinex Alpha report echoes this sentiment, showing growth across Solana's DeFi landscape, especially in lending, liquid staking, and perpetual markets.
Ethereum: a hub of anticipation 🌟
Meanwhile, altcoin titan Ethereum is gearing up for intensified activity, potentially overshadowing Bitcoin this month. Analysts at QCP Capital point out that the volatility of Ethereum options (IV) exceeds that of Bitcoin. This indicates that the market is preparing for significant price movements in Ether, especially with the anticipated launch of an ETH spot ETF.
“The bullish momentum is expected to persist as the market eagerly awaits the spot Ether ETF, which could stimulate new demand,” say analysts at QCP Capital. “The options market is a mirror of this sentiment, with Ethereum’s IV being 15% higher than Bitcoin.”
Andrew Melville, head of research at Block Scholes, noted that since mid-May, Ether's volatility has been more pronounced than Bitcoin's, marking a distinct shift in market dynamics following FTX's November 2022 crash.

Avalanche strengthens the security of its native wallet by integrating Blockaid solutions
The Avalanche cryptographic ecosystem seeks to increase the security of its infrastructure by implementing external web3 solutions.
Today Core, Avalanche's native wallet developed by Ava Labs, announced a strategic partnership with provider Blockaid, which provides a set of tools to simulate transactions before their actual execution and prevent cyber scams such as phishing and hacking.
Security is a very important topic in the cryptographic sector, where since 2017 until today hacking activities have been carried out with a total loss of 8.2 billion dollars.
Let's see everything in detail below.
Avalanche Core partners with Blockaid to prevent phishing and hacks in its ecosystem
Today Core, the famous Avalanche cryptocurrency wallet developed by parent company Ava Labs, revealed an integration with Israeli web3 security solutions provider Blockaid, aiming to make its infrastructures impenetrable and offer users a convenient tool that highlights presence of danger factors.
In detail, Blockaid uses highly sophisticated technology that allows transactions to be simulated before they are executed by the user, enabling the identification and prevention of possible fraudulent activities, such as phishing attacks, address poisoning and hacks.
One of the current biggest limitations of non-custodial decentralized wallets is that when performing any operation (subscription, spending approval, execution, etc.), it is not intuitively clear what is being confirmed unless the underlying code is examined.
It often happens that several individuals are deceived precisely because they end up on malicious websites that invite them to connect their wallet and approve apparently legitimate transactions, but which end up emptying all the funds contained in it.

At noon UTC yesterday, the meme coin Floki ($FLOKI ), named after Elon Musk's Shiba Inu, reached a new ATH of $0.0003449.
The fact that Floki is the most popular meme coin on the Binance Smart Chain ($BNB) was widely mentioned yesterday on crypto social media and the blogosphere, which greatly contributed to the token's rise.
At the time of this writing, it is trading at $0.0003128, down 9.3% from its all-time high and 4.2% from its price a day ago.
The reveal of the Floki trading bot, which is based on Telegram and is now in limited beta testing, has piqued the interest of many investors.
There is a one percent fee associated with each transaction processed by the Floki bot, which uses the native utility token $FLOKI . The treasury will receive half of the fee-based income and half will be used to buy back and burn $FLOKI tokens.
With the public launch set for “within a few weeks”, the new Floki bot will be available to the 480,000 $FLOKI holders.
Floki was released in 2021 and was named after Elon Musk's Shiba Inu, the Tesla CEO's pet. Binance Smart Chain and Ethereum ($ETH) are compatible with it.
The diagonal green line on Floki's trading chart shows that support has been increasing from $0.0001 to $0.0002 over the last three months. The currency's value has been rising steadily since the conclusion of May, breaking the $0.00023 resistance level and seemingly holding its new highs.
With Floki's price movement in line with its 30-day moving average and a relative strength index of 53, the token is unlikely to see a major drop very soon. This bodes well for its ability to maintain and perhaps surpass current gains.

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
Rootstock is one of the most established projects aiming to introduce DeFi capabilities to the Bitcoin network.
The ecosystem uses the RBTC token, which is pegged 1:1 to BTC.
The integration comes about six months after Uniswap was deployed to the Bitcoin sidechain.
Decentralized exchange SushiSwap is now live on the Bitcoin {{BTC}} sidechain Rootstock, according to an announcement shared with CoinDesk on Thursday.
Launched in 2018, Rootstock is one of the most established projects aiming to introduce decentralized finance (DeFi) capabilities to the Bitcoin network that are most commonly associated with companies like Ethereum and BNB Chain.
It calls itself the first Ethereum Virtual Machine (EVM) compatible with Bitcoin sidechain. An EVM is smart contract execution software that powers the Ethereum protocol, comparable to an operating system on a computer.
Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum to provide a platform for building and deploying decentralized applications (dApps).
The ecosystem uses the RBTC token, which is pegged 1:1 to BTC.
The integration comes about six months after Uniswap was deployed to the Bitcoin sidechain. SushiSwap started as a fork of Uniswap.
Rootstock's total value locked (TVL) is just over US$ 450 million, according to data from DeFi Llama.
Since the beginning of 2023, there has been an acceleration in the expansion of resources for the Bitcoin network which has historically been the domain of Ethereum and others.
The starting point was the Ordinals protocol, which allowed a version of NFTs to be minted and stored in Bitcoin, from which numerous initiatives emerged to progress the introduction of smart contracts on the world's largest blockchain.

Polygon (MATIC) Soars 1,615% in Gaming Addresses as Positivity Grows
Ethereum scaling solution Polygon (MATIC) has experienced a notable increase in gaming addresses, increasing by a surprising 1,615%. This significant increase highlights the growing interest and optimism surrounding Polygon's role in the gaming sector.
According to a recently released "State of Polygon Q1 2024" report by on-chain analytics firm Messari, Polygon game activity increased in the first quarter of 2024, with daily game addresses increasing 1,615% quarterly to 207,000, and transactions daily games increasing 469% over the same period to 734,000. The increase in activity was mainly caused by MATR1X's game MATR1X FIRE.
Several developments have also boosted Polygon's gaming ecosystem: Immutable, in partnership with King River Capital and Polygon Labs, launched the $100 million Inevitable Games Fund, which focuses on the Web3 gaming ecosystem. Additionally, Square Enix collaborated with Animoca Brands to expand its NFT game, Symbiogenesis, globally.
Other key metrics also highlight Polygon POS's growth: Polygon's stablecoin market cap rose to $1.5 billion, representing a 19% increase quarter over quarter, with USDT leading the stablecoin market cap in US $792 million.
Outside of gaming, DeFi daily active addresses increased 67% quarter over quarter to 50,000. NFTs and social networks have also seen increasing activity, although in much smaller quantities than gaming and DeFi.
Polygon is currently undergoing some important evolutions, increasing optimism around blockchain. Polygon Labs, a software company focused on zero knowledge (ZK), is creating a network of aggregated blockchains called AggLayer, which is secured by Ethereum.