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In the upcoming week $PIXEL could move to $1+ range pushing the market cap over $1B with almost 14% of total supply in circulation #Write2Earn #PYTH #WLD #SATS #PIXEL!
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BITCOIN! Just 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has quickly risen to become one of the top five exchange-traded funds (ETFs) of 2024 in terms of inflows, as per Bloomberg Intelligence data. Surpassing $3.2 billion in inflows so far this year, IBIT trails only established giants like iShares and Vanguard, whose S&P 500 and total stock market ETFs hold the top spots. The iShares Core S&P 500 ETF (IVV) leads the pack with $13 billion in inflows and a massive $428 billion in assets under management (AUM), followed by the Vanguard 500 Index Fund ETF (VOO) with $11.1 billion in inflows and nearly $398 billion in AUM. Additionally, Fidelity's Wise Origin Bitcoin Fund (FBTC) has secured a spot in the top 10 ETF asset gatherers of the year, attracting $2.7 billion in inflows and ranking eighth on the list. Despite these notable achievements for new funds, the overall investment into all new spot bitcoin ETFs has slowed recently. However, both BlackRock’s IBIT and Fidelity’s FBTC stand out as the only two funds maintaining positive flows consistently since their market debut. #Write2Earn #BTC #etf #TrendingTopic #RONIN $BTC
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$DYM #DYM The Internet of RollApps is a network composed of RollApps (layer 2s) and the Dymension Hub (layer 1). RollApps are modular blockchains that seamlessly integrate with the Dymension Hub, providing security, liquidity, and connectivity. Dymension addresses the need for user-friendly crypto applications and economic sustainability by standardizing rollups through the Inter-Blockchain Communication Protocol (IBC), akin to ERC for tokens. This ensures a unified experience and facilitates the emergence of a true Internet of rollups. RollApps leverage the Dymension Hub for security and Data Availability (DA) networks for transaction data publication, eliminating the need for costly validators. Dymension offers security by using IBC to connect rollups, replacing centralized multi-sig bridges with a more secure approach. Additionally, the Dymension Hub hosts a liquidity layer for asset pricing, swapping, and token routing, promoting economic growth and user accessibility. RollApps publish transaction data to external blockchains, enabling verifiability and scalability for the entire Internet of RollApps. The Dymension RollApp Development Kit (RDK) streamlines development, allowing easy deployment of RollApps with simplified user transactions routed through the Dymension Hub. #Write2Earn #RONIN #ENS #link
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Binance's latest listing Ronin Ronin stands out as an EVM blockchain tailored for the gaming industry, introduced by Sky Mavis, the visionary behind Axie Infinity, a prominent Web3 game with a remarkable $1.3 billion revenue. This blockchain has demonstrated unparalleled scalability, successfully supporting a single game with millions of daily active users and facilitating over $4 billion in NFT volumes. With a focus on swift transactions and minimal fees, Ronin ensures a seamless experience for millions of in-game transactions, solidifying its position as the preferred blockchain for Web3 games. #RONIN #Write2Earn #ENS #link #TrendingTopic $RONIN
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Pyth Network, a leading oracle in the Solana ecosystem, specializes in on-chain publication of real-time financial data for cryptocurrencies, FX, and equities across various blockchains. With a significant presence securing over $2 billion in value, Pyth Network supports diverse DeFi protocols, including borrow/lending and derivatives. The organization has two primary objectives. Firstly, it aims to propel the growth of the DeFi ecosystem by providing accurate and reliable price feeds. Recognizing DeFi as the future of finance, Pyth Network collaborates with the developer community to foster a fairer and simpler financial system. As a crucial component of DeFi applications, their oracles enable on-chain platforms to interact with external data, paving the way for innovative applications. Secondly, Pyth Network strives to democratize financial market data by making it widely accessible to the public. In contrast to gated, paywalled financial data, Pyth's price feeds are freely available, offering high-resolution, real-time updates every 400 milliseconds. This inclusivity aims to address the unfairness in access to financial data, allowing anyone to access and analyze the information. Pyth Network's competitive edge lies in its extensive network of over 50 major exchanges, traders, and market makers in both crypto and traditional finance. These data providers contribute proprietary data on-chain, enabling Pyth Network to build the fastest and most reliable price feeds. This unique advantage also grants access to financial data not freely available elsewhere, such as real-time US equity prices. #Write2Earn #PYTH #link #JUP #TradeNTell $PYTH
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