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New SEC boss Paul Atkins will transform crypto… but not right away
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Solana overthrows Ethereum’s 8-year reign as top ecosystem for new devs Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers. However, Ethereum is still number one globally in total developer activity. According to a Dec. 12 report from Electric Capital, the Solana ecosystem onboarded more new devs in July than the Ethereum ecosystem for the first time since 2016. That momentum continued throughout the rest of the year, with current totals showing 7,625 new developers have joined Solana, led by developer growth in Asia, compared to Ethereum’s 6,456. The report also noted that the Solana ecosystem had experienced an 83% jump in activity since last year. Solana managed to briefly flip Ethereum on several fronts this year. On March. 18, Solana network activity surpassed Ethereum amid a scramble for Solana-based memecoins, while Oct. 28 saw it surpass Ethereum in daily network fee generation over 24 hours. In total, the report found that 39,148 new developers began exploring crypto this year, down 7% from last year and roughly half the all-time high of over 77,000 in 2022. Ethereum number one ecosystem for total developer activity Despite the number of monthly Ethereum developers shrinking by 17% over the last year to 6,244, it’s still the biggest ecosystem for total developer activity. According to Electric Capital’s data, Ethereum has the most active developers across Asia, Europe, North America, Africa and South America. Ethereum’s layer-2 networks have also seen growth of 64% since 2021, while 26% of all monthly crypto developers are working on L2s and the mainnet. Eigenlayer, the primary restaking protocol on Ethereum, was the fastest-growing developer ecosystem in 2024, with a 167% increase in monthly overall developers. #SolanaGiveaway #Solana #cryptomarket #Cryptocurency #Cryptonews
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Solana overthrows Ethereum’s 8-year reign as top ecosystem for new devs
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$1 mln for Bitcoin? Eric Trump thinks so – Here’s what it will take Eric Trump predicts Bitcoin will reach $1 million on his Mena conference speech, sparking debates on America’s crypto dominance. Right now, all the eyes are on what is next for Bitcoin [BTC] after hitting its 100k milestone. Eric Trump, the son of the former U.S. President Donald Trump, has made an audacious forecast for Bitcoin’s future. Speaking at the Bitcoin Mena Conference in Abu Dhabi, he forecasted that BTC could go as high as $1 million in what he termed as a “financial revolution.” But what is really compelling in this prediction is the vision Eric laid out-one that intertwines Bitcoin’s growth with America’s emergence as a crypto powerhouse. Eric Trump’s vision for Bitcoin and America During his speech, Eric Trump expressed unwavering confidence in Bitcoin’s unprecedented growth potential. He declared, “I can tell you, a lot of eyes were open when Bitcoin hit $100,000, and I can tell you that a hell of a lot more eyes are going to be opened when Bitcoin hits $1 million.” This was not just a forecast, but part of a bigger story-a vision of America as the global crypto hub, free of the shackles of over-regulation and high taxes that have long blighted innovation. Building on this, Eric announced that the Trump administration would work to take on institutions opposing cryptocurrencies. In his speech, the son of the president-elect said, “Think about a President who isn’t going to allow Bitcoin and cryptocurrencies to be over-regulated and stifled by high taxes.” This urge paints a picture of a future where innovation thrives. Community reacts to $1M prediction The crypto community has not taken Eric Trump’s forecast uniformly. As much as Bitcoin enthusiasts welcomed his optimism, many skeptics questioned the validity of such an ambitious target. Curiously enough, the statement comes after Donald Trump celebrated Bitcoin’s $100,000 milestone on Truth Social recently, #Bitcoin100K #BTC #EricTrump #cryptomarket #CryptoNews
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$1 mln for Bitcoin? Eric Trump thinks so – Here’s what it will take
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