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Binance News

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Bitcoin(BTC) Surpasses 99,000 USDT with a 1.05% Increase in 24 Hours

On Jan 06, 2025, 02:06 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 99,000 USDT benchmark and is now trading at 99,183.976563 USDT, with a narrowed 1.05% increase in 24 hours.

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Wolverine5

@Square-Creator-Wol

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#BinanceMegadropSolv How to Participate in the SOLV Megadrop Log in to your Binance account. Stake BNB: Subscribe to BNB Locked Products and start earning scores based on the subscription period. Longer durations yield higher scores. Complete Web3 Quests: Engage in activities like staking BTCB on Solv Protocol. Claim Rewards: Verify participation via the Binance Megadrop Page and claim rewards daily starting 2025-01-07 05:30 (UTC). Check Rewards Distribution: Rewards will automatically be added to Binance Spot Wallets after the campaign ends. Reward Details Total Megadrop Rewards: 588,000,000 SOLV tokens (7% of Genesis Token Supply). Hard Cap Per User: Participants can claim up to 4,704,000 SOLV. Calculation Formula: Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus

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#BitcoinHashRateSurge Solana (SOL) Solana is a decentralised blockchain platform created for scalability first and foremost. It is one of the fastest blockchains on the market, with a transaction speed of almost 65,000 per second. It accomplishes this through the unique Proof of History consensus mechanism, which allows nodes to synchronise time across the network. Solana has been one of the fastest-growing projects in the DeFi space and is widely called an “Ethereum-killer”. Pros of Solana Solana is one of the fastest blockchains on the market, making it highly popular among investors. The platform also has very low transaction fees, with an average of $0.00025. Cons of Solana Solana is not easily interoperable with Ethereum, thus restricting its smart contracts to those built for the network. Solana has experienced several network outages that have made it unreliable for its users. Ripple (XRP) Unlike other general-purpose tokens, XRP is focused on creating payment solutions for banks and financial institutions. It solves several problems with competing systems like SWIFT for international settlements. Instead of requiring several hours or days for transfers to be finalised, XRP allows such settlements to be completed in a matter of seconds. Read more: What is Ripple (XRP) Ripple has made traditional finance much more accessible for users through the efficient application of blockchain technology. Pros of Ripple Much faster than its competitors like SWIFT. Expand access to banking and international settlement by lowering barriers to use. Cons of Ripple The network is highly centralised as all transactions are confirmed by a federated group of financial institutions. Ripple Labs is engaged in a legal battle with the US Securities and Exchange Commission.

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top3 in jan2025

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any thoughts?

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