It might be a tad early to declare 2024 as the “Year of $SOL ,” but hey, with only 1.5 months left, things are looking pretty legendary for the #SOL fans out there! 🌞
For starters, SOL’s price has skyrocketed over 100% since January, and TVL’s not just up—it’s chilling at a solid $7.7 billion. Plus, SOL’s daily users and transactions are giving everyone else serious FOMO, with over 5 million transactions each day! ✈️🌈
And here’s the real kicker: for the first time in history, SOL’s DEX trading volume has crossed $5 billion a day for three straight days. 🤯🐎 Yep, three straight days of big moves. Not too shabby, right? 😎
SOL fam, looks like it’s shaping up to be your best year yet, with even brighter ones on the way. 🌞😎 So tell us—which SOL stat this year has you the most hyped? 🧐 DYOR! #Solana #Altcoins
Prepare for the Biggest Altseason in Crypto History! 🔥
The next few months may see altcoins entering a parabolic growth phase, offering the potential for 10-100x returns. After analyzing over 600 tokens, I’ve identified those with the highest potential.
Key Indicators:
$BTC Dominance Decline: Bitcoin’s dominance has started to fall just after hitting a new all-time high. Historically, this signals the beginning of altcoin season, as capital flows from BTC to $ETH, $SOL, and other altcoins.
Recent Market Observations: On November 4th, I highlighted that BTC dominance was at a significant level (0.618 Fibonacci). We’re now observing a slight dip, indicating the start of a possible shift towards altcoins.
BTC.D Decline = Boost for Altcoins
As Bitcoin’s dominance declines, funds often flow into high-potential altcoins, setting the stage for an exciting altseason. Now is the time to identify and secure the altcoins poised for the most substantial gains.
Let’s dive into the opportunities and discuss the altcoins with the greatest potential for growth in the upcoming months.
#BBCeDeFi #Devcon2024
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🚀 Ethereum's EIP-7702 is set to give smart accounts a turbo boost! Safe co-founder Lukas Schor, at Ethereum Devcon 2024, declared this proposal the "tipping point" for account abstraction.
- EIP-7702 simplifies upgrading existing wallets to smart accounts, solving the "wallet trilemma" of control, convenience, and security.
- Expect a gradual opt-in adoption, with a vision of unified balances across chains and seamless integration with traditional finance.
- Schor predicts that in five years, every Ethereum account could be a smart account.
Get ready for a smarter crypto future!
**Ethereum's EIP-7702: A Game Changer for Smart Accounts**
Ethereum's latest proposal, EIP-7702, could revolutionize wallet technology by easing the transition to smart accounts, says Safe co-founder Lukas Schor. Speaking at Ethereum Devcon 2024 in Bangkok, Schor highlighted that the proposal aims to simplify upgrading existing wallets, addressing a major hurdle in adopting account abstraction.
EIP-7702 introduces a new transaction type, allowing externally owned accounts to access smart features without altering their structure. This could enhance non-custodial control, convenience, and security, solving the "wallet trilemma."
Schor envisions widespread adoption within five years, with initial opt-in settings in current wallets. Future developments may include unified balances across chains and better interoperability with networks like Bitcoin and Solana.
🌟 My Inspiring Binance Square Journey 🌟
🚀 From Vision to Reality
What began as a simple goal—to learn, grow, and contribute to the crypto community—has transformed into one of my most rewarding experiences! The journey from curiosity to impact has been nothing short of incredible. 🌌✨
💡 Fueling My Crypto Passion
Every day on Binance Square is an adventure, filled with learning from brilliant minds and diving deep into crypto insights. The ideas exchanged here have truly broadened my perspective! 🧠💥
🔥 Milestones and Beyond
Reaching 77,000 followers has been a powerful reminder of the energy and enthusiasm we share in this community. Together, we’re shaping the future of finance! 📈💎
💬 #CryptoAMA Campaign
My experience in #CryptoAMA has been unforgettable—answering questions, sharing knowledge, and learning from experts worldwide. It’s been a privilege to be part of this global conversation! 🌍🤝
📊 Consistent and Engaging Contributions
From market updates to trading strategies and industry trends—I’m committed to keeping the community informed and inspired daily. 📰💪
🌱 Continuous Growth Mindset
With a focus on lifelong learning, I aim to stay ahead and bring value to each interaction. Every question, every insight here fuels my growth and pushes me forward. 📚⚡
🌟 What’s Next?
The journey doesn’t end here! I’m thrilled to keep contributing, learning, and evolving alongside all of you. Let’s continue pushing boundaries and exploring new horizons together! 🚀🌐
🙏❤️ A Heartfelt Thank You to the Binance Square Community!
👋 If you’ve been part of this journey, drop a comment below—let’s keep this amazing conversation going!
#HaveYouBinanced