Solana Foundation は、これらの仮想データが維持され、Solana ネットワークが安全に使用できる公平で分散されたブロックチェーンであり続けることを保証する責任を負っています。 Solana Labs とは別の組織である Solana Foundation は、Solana メインネットの立ち上げからわずか数週間後の 2020 年 4 月に正式に設立されました。この Foundation にはプロトコルに関連するすべての IP が付与され、エコシステムを大規模に導入できるように準備する任務が与えられました。
Solana Developers To Address Transaction Failure Bug By April 15.
Solana developers have set April 15 as the target date for implementing a fix for recent transaction failures and issues that have plagued the blockchain network.
According to Helius Labs CEO, the issues plaguing the blockchain network result from an implementation bug, not a design flaw.
Solana Developers Set Target Date
According to reports, the implementation bug has caused the transaction failure rate on the Solana blockchain to skyrocket. Developers have now confirmed they are looking to implement a fix for the bug on April 15. On April 4, over 75% of non-vote transactions on the Solana blockchain experienced failures primarily due to the surge in activity on the network due to the burgeoning popularity of Solana-based meme coins. However, the failure rate has now dropped to 64.8%, a figure still too high.
Issue Due To Implementation Bug, Not Design Flaw
According to Mert Mumtaz, the CEO of Helius Labs, Solana’s current problems stem from an implementation bug and not a design flaw. Mumtaz stated,
Solana rival Base hits 400 TPS, claims core contributor.
Coinbase Ethereum layer-2 network Base has been hitting high transaction per second (TPS) throughput according to the firm’s head of protocols, Jesse Pollak.
In an April 9 post to X, Pollak reported seeing throughput as high as 300–400 TPS, which he said was being achieved “with no issues.”
However, the Coinbase-backed layer-2 blockchain has a real-time TPS of 26.8 and a maximum recorded TPS of 292, according to Chainspect.
Layer-2 ecosystem analytics platform L2Beat reported that average transactions per second on Base reached a peak of 37 on April 8, more than double Ethereum’s 14 TPS.
In a response to Pollak’s original post on X, pseudonymous trader Wazz claimed that if Pollak’s observations were accurate, then the network could be achieving a similar TPS to the Solana network.
“Correct me if I’m wrong but if true then Base is now doing the same TPS as Solana.”
Wazz added that around 60% of Solana’s reported 1,000 TPS were failed transactions, meaning that the actual TPS was closer to 400.
Bitcoin Breakout Halts as U.S. Inflation Data Looms
Bitcoin (BTC) dropped 3% in the past 24 hours, invalidating a bullish breakout, ahead of the release of U.S. inflation data that could dictate when the Federal Reserve (Fed) starts cutting interest rates.
The leading cryptocurrency by market value slipped back into a triangular consolidation pattern identified by trendlines connecting March 15 and March 27 highs and March 20 and April 3 lows. The symmetrical triangle consolidation had ended with a bullish breakout early this week, opening doors for a rally to $80,000.
Failed breakouts often result in short-term traders closing or reversing bullish bets in anticipation of a steeper price decline. Still, Markus Thielen, founder of 10x Research, cautions investors against reading too much into Bitcoin’s bull failure.
“Bitcoin’s failed breakout likely represents nervousness ahead of the U.S. CPI release. I would not write it off yet,” Thielen told CoinDesk in a Telegram chat.
Thielen added that Wall Street’s tech-heavy index, Nasdaq, rose Tuesday, offering positive cues to bitcoin and other risk assets. In other words, bitcoin’s dip could be short-lived. The cryptocurrency closely follows trends in the Nasdaq and the Nasdaq-to-S&P 500 ratio.
The Bureau of Labor Statistics is set to release March 2024 CPI data on Wednesday at 08:30 ET (12:30 UTC).
The consensus is that the consumer price index, a measure of cost of living, has increased by 3.5% since March 2023, accelerating from February’s 3.2% annual inflation rate, according to economists polled by the Wall Street Journal. The monthly pace is forecast to have eased to 0.3% from February’s 0.4% rate.
Similarly, the monthly pace in core inflation, which strips out the volatile food and energy component, is forecast to have slowed to 0.3% in March, following February’s 0.4% gain, equating to a 12-month decline to 3.7% from 3.8%.
Crypto Prices Today April 10: Bitcoin Dips To $69K, ETH At $3500, SOL, XRP, ADA Crash.
The top crypto prices registered a bearish turn as the Bitcoin (BTC) price plunged to the $69,000 level. In addition, the Ethereum price inched closer to dip below the $3,5000 mark. Meanwhile, other top altcoins, such as XRP and Cardano (ADA), Solana (SOL) witnessed a significant plunge.
Major Crypto Prices Today The Bitcoin price was down by 2.57% reaching $69,161.00 at the time of writing on Wednesday, April 10. On the other hand, it’s trading volume dropped 5.37% to $36.64 billion in the last 24 hours. Whilst, the crypto held a market capitalization of $1.36 trillion.
Turning to altcoins, the Ethereum price plummeted 4.86% to $3,519.60 at press time with a market valuation of $422.55 billion. Whilst, ETH saw its trading volume slump by 10.93%, reaching $17.92 billion. Meanwhile, the Binance Coin (BNB) price dropped 0.27%, reaching $578.85. In addition, its 24-hour trade gained 0.01% to $1.93 billion.
The Solana price approached a decline below the $170 mark amid the bearish sentiment today. The Solana price was down by 3.72%, settling at $171.36. In contrast, SOL witnessed a 4.86%% surge in trade volume to $2.82 billion in the last 24 hours. Whilst, the XRP price failed to sustain beyond the $0.61 level. The XRP price recorded a drop of 1.18%, reaching $0.6083. On the other hand, XRP’s trading volume surged 24.09% to $2.54 billion.
Meanwhile, the Cardano price plunged 4.19% to $0.5855 today. Whilst, ADA recorded a 21.03% hike in its 24-hour trading volume, settling at $548.48 million. As the top crypto prices declined, the popular meme coins followed. The Dogecoin price was down by 4.79% to $0.1897 while its rival, Shiba Inu price decline by 4.96% and traded at $0.00002743.
Ethereum zkSync Welcomes Circle’s USD Coin for Layer-2 Stability.
Circle, a leading stablecoin issuer, has officially expanded support for its USD Coin (USDC) to include Ethereum’s zkSync, a zero-knowledge layer-2 solution. This move, announced on April 9, 2024, marks a significant enhancement for the ecosystem, enabling developers to utilize USDC on a scalable and efficient platform. The integration is expected to benefit a wide range of applications and DeFi protocols by facilitating payments, trading, and other financial services on a stable foundation.
With this expansion, USDC is now available on 16 blockchains, encompassing Ethereum, Solana, Base, Arbitrum, and others. Circle aims to provide developers and businesses with a robust tool for building and expanding their applications. This initiative underscores Circle’s commitment to broadening the accessibility and utility of USDC across various blockchain networks.
USDC on zkSync Offers One-for-One Dollar Redemption
zkSync’s technology, leveraging zero-knowledge proofs and rollups, is designed to enhance transaction speed and reduce costs by processing transactions off the Ethereum main layer. This integration with USDC promises to deliver significant efficiencies for users. As of the announcement, the zkSync ecosystem boasted over 180 decentralized applications and 5.7 million unique active wallet addresses in the preceding 30 days, indicating a strong and growing platform for developers and users alike.
As market participants await the Bitcoin halving event, which is expected to send BTC’s price higher, investors’ speculative interest in the crypto market has risen to levels seen in the 2021 bull run, according to a Glassnode report. This increases the chances of a substantial directional price move.
The market is in a state of euphoria
Bitcoin’s BTC tickers down $69,094 price continues its impressive performance in 2024, with the flagship cryptocurrency hitting new all-time highs in March. BTC spot trading volume has soared since the spot Bitcoin ETFs began trading in the U.S. on Jan. 11, with daily volumes peaking in March. Glassnode noted that the market has “transitioned into a euphoric phase,” with profit-taking climbing considerably.
Data suggests Bitcoin’s bullish momentum has been building up since October 2023 as the market was pushed into a high liquidity and volatility regime.
The crypto analytics firm reported that BTC’s year-to-date performance is supported by “strong demand” in spot markets, mirroring a similar structure seen during the 2021 bull run.
Bitcoin’s flow in and out of exchanges has also increased significantly since July 2023. Glassnode data shows that the monthly average of total inflows and outflows from exchanges is currently at $8.19 billion per day, substantially higher than the 2021 bull market peak
New users flock to Ethereum while long-term holders are less active than ever.
Long-term holders of ether, the currency of the Ethereum blockchain, appear to be holding on tighter than ever before.
According to data from The Block, the active supply of ether, or the supply that has been moved from one wallet to another within certain time periods, is currently at a historical low point for periods of one year or longer. The active supply over 30- and 90-days is also near all-time lows, having fallen over half from their peaks.
While the supply of ether active within one year has declined over the past twelve months by about 9%, the supply of active bitcoin, after also hitting a record low, staged a recovery to end the period with a gain of around 1% in one-year active supply. Bitcoin's recovery greatly reduced the large gap that once existed in active supply between the two top cryptocurrencies by market cap.
While long term Ethereum users appear to be showing low activity, with enthusiasm around Base reaching record levels, new users appear to be flooding into the Ethereum ecosystem. Last month, Ethereum added 3.66 million new addresses, the highest level since November 2021, the month of FTX's collapse.
Ethereum also underwent the Dencun upgrade last month, introducing "blobs" in order to lower Layer 2 network transaction costs.
Top Three Meme Coins With Low Risk for Newbies: Dogecoin (DOGE), Shiba Inu (SHIB), Hump (HUMP).
Memes have grown in importance in the constantly changing cryptocurrency market. Because of their distinctiveness and widespread appeal among social media users, these coins frequently pique the interest of new investors. For novices, it’s crucial to select low-risk meme coins, though. We’ll talk about the top three beginner-friendly meme coins in this article: Dogecoin (DOGE), Shiba Inu (SHIB), and Hump (HUMP).
1. Dogecoin (DOGE ) One of the most well-known meme coins available on the cryptocurrency market is Dogecoin. Originally intended to be a joke, Dogecoin garnered enormous popularity on social media and in the cryptocurrency community very rapidly. Dogecoin began as a joke, but it has since developed into a well-known resource with a vibrant community. Beginners find Dogecoin appealing because of its inexpensive price, which enables them to invest in big quantities of the coin at a reasonable cost. To further enhance its usefulness, Dogecoin is now accepted as payment at a number of online stores.
2. Shiba Inu (SHIB) Another meme coin that has drawn interest from a large number of new investors is Shiba Inu. Shiba Inu is inspired by a particular dog breed, just as Dogecoin. Shiba Inu was introduced in 2020 and rapidly became well-known because of its affordable costs and significant profit margin. The idea of “decentralized meme tokens,” in which a vibrant community contributes to the creation and expansion of this project, is one of the intriguing aspects of Shiba Inu. Token holders develop a strong sense of ownership as a result, which may boost community involvement.
3. Hump (HUMP) The newest meme coin that has drawn interest from a large number of new investors is called Hump. Hump is a very young project, but it has some respectability because it is featured on CoinGecko and CoinMarketCap (CMC).