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Said Khan Bugti
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ccording to U.Today, Solana has been identified as the fastest blockchain globally, according to a recent report by CoinGecko. The network processed over 95 million transactions in a single day. The report highlighted that Solana has the highest daily average transactions per second (TPS) among blockchains, with a rate of 1,053 TPS. This is followed by Sui with 854 TPS, BSC with 378 TPS, Polygon with 190 TPS, TON with 175 TPS, Tron with 159 TPS, Near with 117 TPS, and Avalanche with 89 TPS.
In comparison, Ethereum and Bitcoin manage 22.8 TPS and 10.7 TPS respectively, indicating that non-EVM blockchains are nearly four times faster on average than their EVM-compatible counterparts. Solana's peak performance was particularly notable, reaching 1,504 TPS on April 6, 2023, due to a surge in meme coin transactions. This performance is 46 times higher than Ethereum's TPS and over five times higher than Polygon's, the fastest among Ethereum scaling solutions.
Despite these impressive figures, Solana's peak TPS is still only 1.6% of its theoretical maximum of 65,000 TPS. Solana is an open-source blockchain platform that prioritizes minimizing latency and maximizing throughput, even at the expense of some verifiability. It achieves this through a unique set of features, including its novel timestamp mechanism called proof of history (PoH), the block propagation protocol Turbine, and parallel transaction processing.
Solana's founder, Anatoly Yakovenko, stated that the primary design goal of Solana was not to achieve maximum throughput. Instead, Solana aims to synchronize state across the globe as swiftly as physical laws permit.
In comparison, Ethereum and Bitcoin manage 22.8 TPS and 10.7 TPS respectively, indicating that non-EVM blockchains are nearly four times faster on average than their EVM-compatible counterparts. Solana's peak performance was particularly notable, reaching 1,504 TPS on April 6, 2023, due to a surge in meme coin transactions. This performance is 46 times higher than Ethereum's TPS and over five times higher than Polygon's, the fastest among Ethereum scaling solutions.
Despite these impressive figures, Solana's peak TPS is still only 1.6% of its theoretical maximum of 65,000 TPS. Solana is an open-source blockchain platform that prioritizes minimizing latency and maximizing throughput, even at the expense of some verifiability. It achieves this through a unique set of features, including its novel timestamp mechanism called proof of history (PoH), the block propagation protocol Turbine, and parallel transaction processing.
Solana's founder, Anatoly Yakovenko, stated that the primary design goal of Solana was not to achieve maximum throughput. Instead, Solana aims to synchronize state across the globe as swiftly as physical laws permit.
#BTCUSD.... #write2earn🌐💹
According to crypto analyst Jason Pizzino, this divergence between Bitcoin and altcoins is expected in the current market cycle. In his latest YouTube video, Pizzino explains why Bitcoin’s price increase does not necessarily signal a broad recovery for the crypto market yet.
The analyst notes that while Bitcoin successfully tested a key resistance level around $19,400, it needs to consolidate above that level before confirming an uptrend. When it comes to altcoins, Pizzino points out most major cryptos are hitting new lows against Bitcoin.
You might also like: Charles Hoskinson: Bitcoin has a governance problem
Ethereum in particular has broken below key long-term support levels on its Bitcoin pairing, indicating weakness. Pizzino believes the ETH and BTC pairing could bottom out between 4-5% in early 2024, in line with historical market cycles.
Other major altcoins like XRP, Solana (SOL), Polygon (MATIC) and Chainlink (LINK) have also broken down from local highs, underperforming Bitcoin. According to Pizzino, this weakness in altcoins signifies that only the strongest will participate meaningfully in the next bull market. Investors should be selective and wait for clear technical signals before buying altcoin dips.
Pizzino also considered broader macro factors like the S&P 500, the US Dollar index, and volatility indices. He noted that despite recessionary fears, these market indicators have stabilized and started consolidating in a range. This supports the case for a gradual recovery in risk assets like crypto, though likely only in 2024-2025.
#TrendBTC
According to crypto analyst Jason Pizzino, this divergence between Bitcoin and altcoins is expected in the current market cycle. In his latest YouTube video, Pizzino explains why Bitcoin’s price increase does not necessarily signal a broad recovery for the crypto market yet.
The analyst notes that while Bitcoin successfully tested a key resistance level around $19,400, it needs to consolidate above that level before confirming an uptrend. When it comes to altcoins, Pizzino points out most major cryptos are hitting new lows against Bitcoin.
You might also like: Charles Hoskinson: Bitcoin has a governance problem
Ethereum in particular has broken below key long-term support levels on its Bitcoin pairing, indicating weakness. Pizzino believes the ETH and BTC pairing could bottom out between 4-5% in early 2024, in line with historical market cycles.
Other major altcoins like XRP, Solana (SOL), Polygon (MATIC) and Chainlink (LINK) have also broken down from local highs, underperforming Bitcoin. According to Pizzino, this weakness in altcoins signifies that only the strongest will participate meaningfully in the next bull market. Investors should be selective and wait for clear technical signals before buying altcoin dips.
Pizzino also considered broader macro factors like the S&P 500, the US Dollar index, and volatility indices. He noted that despite recessionary fears, these market indicators have stabilized and started consolidating in a range. This supports the case for a gradual recovery in risk assets like crypto, though likely only in 2024-2025.
#TrendBTC
Is there anyone who could guide for accurate prediction of BTC price. any methodologies guys? Experts come please.
#BTCPricePrediction #write2earn🌐💹 #BTCUSD....
#BTCPricePrediction #write2earn🌐💹 #BTCUSD....
$ENA ANALYSIS #ENAEvolution #ENAUSDT
Guys I have analysed $ENA coin maybe it can go down to 0.9$ - 0.8$ But don't worry be patient it will rise soon it will take some time, like a week it is going to pump 2$+ you can see in the picture just hold on or if you want to buy more you can buy cuz there is 80% chances of pump to 2$+ but only possible when you have patience this is not a financial Advice this is my opinion on my analysis.
Your Hardworking money is more precious than this!
DYOR ( Do Your Own Research )
Guys I have analysed $ENA coin maybe it can go down to 0.9$ - 0.8$ But don't worry be patient it will rise soon it will take some time, like a week it is going to pump 2$+ you can see in the picture just hold on or if you want to buy more you can buy cuz there is 80% chances of pump to 2$+ but only possible when you have patience this is not a financial Advice this is my opinion on my analysis.
Your Hardworking money is more precious than this!
DYOR ( Do Your Own Research )
$ENA SAGA is launching today at 08:00 UTC, which is 1:.30PM sri lanka and india time 1.00pm pakistan time. It's a good time to buy, but don't rush. Wait for a few hours after launch when the price dips, then buy. Hold onto it for 24-48 hours for profit. I predict SAGA's price to be around $3-$7 initially. It could potentially reach over $9-$10 in the future, similar to $ENA coin. If you got SAGA coins from launchpool, hold onto them until the price goes up before selling. Remember, this is just my prediction, so be cautious and make your own decision. Thank you.
SAGA - PRICE PREDICTIONS BY ME ( AK Master )
🔥SAGA - PRICE PREDICTIONS🔥
You are considering whether to invest in $SAGA early and want to know the price of $SAGA at listing?
Don't miss this post !
Binance is excited to announce the 51st project on Binance Launchpool - Saga (SAGA), an L1 to launch L1s.
Recent projects on Binance launchpool have been very successful after listing :
🔸Ethena $ENA was launched with a market cap of $430M then x2 after few min and x4 after 2 daysRight now $ENA price stable with $0,9 (x3 compare launchpool price)
🔸 Etherfi $ETHFI was launched with a market cap of $380M and x2 after 10 days
In my opinion, after listing $SAGA Market cap will be around $500M - $700M
With Initial Circulating Supply: 90,000,000 (9% of total supply)
$SAGA price will be around $5.5 to $7.7
The price will adjust down a bit due to selling pressure from Launchpool Farmers & Airdrop but will rebound very soon like $ENA performed
With the recent market FOMO on Binance Launchpool Projects, Especially, after the successful listing of Ethena, I think $SAGA price will x1.5 or x2 in the short term ($10 to $14)
You should wait for a good entry to be able to buy $SAGA at a good price and earn quite a good profit in the context that Bitcoin price is sideways waiting for macro news and there are not many big waves for altcoins.
Saga has been building the product for 2 years and already has many partners and a sizable community. This is a potential project for long-term investment.
🔥SAGA - PRICE PREDICTIONS🔥
You are considering whether to invest in $SAGA early and want to know the price of $SAGA at listing?
Don't miss this post !
Binance is excited to announce the 51st project on Binance Launchpool - Saga (SAGA), an L1 to launch L1s.
Recent projects on Binance launchpool have been very successful after listing :
🔸Ethena $ENA was launched with a market cap of $430M then x2 after few min and x4 after 2 daysRight now $ENA price stable with $0,9 (x3 compare launchpool price)
🔸 Etherfi $ETHFI was launched with a market cap of $380M and x2 after 10 days
In my opinion, after listing $SAGA Market cap will be around $500M - $700M
With Initial Circulating Supply: 90,000,000 (9% of total supply)
$SAGA price will be around $5.5 to $7.7
The price will adjust down a bit due to selling pressure from Launchpool Farmers & Airdrop but will rebound very soon like $ENA performed
With the recent market FOMO on Binance Launchpool Projects, Especially, after the successful listing of Ethena, I think $SAGA price will x1.5 or x2 in the short term ($10 to $14)
You should wait for a good entry to be able to buy $SAGA at a good price and earn quite a good profit in the context that Bitcoin price is sideways waiting for macro news and there are not many big waves for altcoins.
Saga has been building the product for 2 years and already has many partners and a sizable community. This is a potential project for long-term investment.
🚀💰💵Get Ready to Rocket with These 10 Cryptocurrencies Before the Bitcoin Halving in April 2024! 💵💰🚀
1. FLOKI🐶
- Potential Price: $0.00425
- With a loyal community and dedicated team, Floki could soar past $0.005!
2. BNB 💼
- Potential Price: $3,729.00
- BNB offers ample opportunities to earn new cryptocurrencies through projects like Launchpools.
3. REEF 🌊
- Potential Price: $0.122
- Reef Finance simplifies DeFi with its user-friendly platform, integrating the best features from various DeFi networks.
4. ARKM 🧠
- Potential Price:$84.46
- Arkham Intelligence leverages AI to process on-chain data, with ARKM tokens used for data trading on the Intel Exchange.
5. SEI 💹
- Potential Price: $43.59
- SEI specializes in Layer-1 blockchain for trading, optimizing every layer for diverse trading applications.
6. ALT 🔄
- Potential Price:$39.78
- Altlayer offers an open and decentralized protocol for rollups, ensuring security and interoperability.
7. PIXEL🎮
- Potential Price: $118.95
- Pixel brings excitement with its Web3 game on the Ronin network, featuring NFT minting and guild participation.
8. AEVO 🔄
- Potential Price:$245.89
- Aevo focuses on decentralized derivatives exchange, specializing in options and perpetual contracts.
9. PORTAL🌐
- Potential Price:$298.49
- Portal offers a self-hosted Layer-2 wallet and exchange for fast, secure, and private atom swaps between Bitcoin and other assets.
10. CyberConnect 🌐
- Potential Price: $3,714.67
1. FLOKI🐶
- Potential Price: $0.00425
- With a loyal community and dedicated team, Floki could soar past $0.005!
2. BNB 💼
- Potential Price: $3,729.00
- BNB offers ample opportunities to earn new cryptocurrencies through projects like Launchpools.
3. REEF 🌊
- Potential Price: $0.122
- Reef Finance simplifies DeFi with its user-friendly platform, integrating the best features from various DeFi networks.
4. ARKM 🧠
- Potential Price:$84.46
- Arkham Intelligence leverages AI to process on-chain data, with ARKM tokens used for data trading on the Intel Exchange.
5. SEI 💹
- Potential Price: $43.59
- SEI specializes in Layer-1 blockchain for trading, optimizing every layer for diverse trading applications.
6. ALT 🔄
- Potential Price:$39.78
- Altlayer offers an open and decentralized protocol for rollups, ensuring security and interoperability.
7. PIXEL🎮
- Potential Price: $118.95
- Pixel brings excitement with its Web3 game on the Ronin network, featuring NFT minting and guild participation.
8. AEVO 🔄
- Potential Price:$245.89
- Aevo focuses on decentralized derivatives exchange, specializing in options and perpetual contracts.
9. PORTAL🌐
- Potential Price:$298.49
- Portal offers a self-hosted Layer-2 wallet and exchange for fast, secure, and private atom swaps between Bitcoin and other assets.
10. CyberConnect 🌐
- Potential Price: $3,714.67
$ENA #ENA Triple Bottom Alert!
We're observing a breakout on the chart, but it's crucial to confirm it with the RSI indicator. Currently, there's a rising channel forming on the 15-minute chart, potentially leading to a triple bottom or targeting $1.16. However, considering the macro factors at play, we might witness a breakout, although false breakouts are possible.
If we manage to break out at $1.16, we could see a significant upward movement, but let's keep the community positive and constructive. Feel free to share your thoughts and correct any technical analysis errors—after all, none of us are experts on macro factors. Personally, I follow a strategy of buying on support and watching for double or triple bottoms. Let's navigate this together!
#ENAUSDT
We're observing a breakout on the chart, but it's crucial to confirm it with the RSI indicator. Currently, there's a rising channel forming on the 15-minute chart, potentially leading to a triple bottom or targeting $1.16. However, considering the macro factors at play, we might witness a breakout, although false breakouts are possible.
If we manage to break out at $1.16, we could see a significant upward movement, but let's keep the community positive and constructive. Feel free to share your thoughts and correct any technical analysis errors—after all, none of us are experts on macro factors. Personally, I follow a strategy of buying on support and watching for double or triple bottoms. Let's navigate this together!
#ENAUSDT
Price History:
1st Halving (2012)
BTC was at $12, and it pumped 𝟵,𝟵𝟬𝟬% after 1st Halving.
2nd Halving (2016)
BTC was at $680, and it pumped 𝟮,𝟵𝟬𝟬% after 2nd Halving
3rd Halving (2020)
BTC was at $8,590, and BTC pumped 𝟳𝟬𝟬% after 3rd Halving
4th Halving (2024)
Can anyone guess the peak price of $BTC after 4th Halving?
#BTCHalvingApril2024 #BTC、
1st Halving (2012)
BTC was at $12, and it pumped 𝟵,𝟵𝟬𝟬% after 1st Halving.
2nd Halving (2016)
BTC was at $680, and it pumped 𝟮,𝟵𝟬𝟬% after 2nd Halving
3rd Halving (2020)
BTC was at $8,590, and BTC pumped 𝟳𝟬𝟬% after 3rd Halving
4th Halving (2024)
Can anyone guess the peak price of $BTC after 4th Halving?
#BTCHalvingApril2024 #BTC、
The global cryptocurrency market cap now stands at $2.50T, down by -5.20% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $64,493 and $66,642 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,449, up by 0.47%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include XVG, ENA, and COS, up by 53%, 52%, and 25%, respectively.
Market movers:
ETH: $3331.75 (-0.25%)
BNB: $565.7 (+0.91%)
SOL: $189.98 (+4.19%)
XRP: $0.5902 (-0.61%)
DOGE: $0.18591 (+0.59%)
ADA: $0.5901 (+0.34%)
AVAX: $47.93 (+0.88%)
SHIB: $0.0000273 (+2.98%)
DOT: $8.703 (+0.65%)
BCH: $606.3 (-0.18%)
Top gainers on Binance:
XVG/USDT (+53%)
ENA/USDT (+52%)
COS/USDT (+25%)
Bitcoin (BTC) has been trading between $64,493 and $66,642 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,449, up by 0.47%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include XVG, ENA, and COS, up by 53%, 52%, and 25%, respectively.
Market movers:
ETH: $3331.75 (-0.25%)
BNB: $565.7 (+0.91%)
SOL: $189.98 (+4.19%)
XRP: $0.5902 (-0.61%)
DOGE: $0.18591 (+0.59%)
ADA: $0.5901 (+0.34%)
AVAX: $47.93 (+0.88%)
SHIB: $0.0000273 (+2.98%)
DOT: $8.703 (+0.65%)
BCH: $606.3 (-0.18%)
Top gainers on Binance:
XVG/USDT (+53%)
ENA/USDT (+52%)
COS/USDT (+25%)
according to Foresight News, the Ethena token, known as ENA, has experienced a significant surge in value. The token broke through the 0.9 USDT mark once again, briefly touching 0.94 USDT before settling at 0.897 USDT. This represents a substantial increase of over 30% within a 24-hour period. The sudden rise in the value of the ENA token has caught the attention of many in the cryptocurrency market. However, the reasons behind this sudden surge remain unclear. Further updates will follow as more information becomes available.
#ENA
#ENA