Solana / April 2024

The very recent expressions of concern regarding Solana’s network congestion in the past weeks are in my opinion another case of misrepresentation and superficial engagement with the workings of blockchain technologies and crypto.

Most of the so-called “failed transactions” are in fact situation in which the blockchain rejects request for invalid operations due to lack of permissions, inadequate format, changes in the conditions of the market or spamming nature of the requests. Although it is obvious that Solana needs upgrades and adjustments in order to guarantee that the management of spam, bot and meme- related requests and operations does not disrupt the rest of (legitimate, core) activities, the correct reading of what is happening at the moment should be positive as it brings forth evidence of Solana’s blockchain capacity to identify and stop bot-controlled and spamming activity and proves its resilience.

Solana’s network is one of the pioneers in Parallel Transaction Execution, an approach that enables the splitting of tasks into pieces that can be handled simultaneously and thus increasing the overall transaction processing speed compared to that of first generation blockchains. Solana’s use of the parallel smart contract runtime ‘SeaLevel’ has made it possible for the blockchain to have one of the highest transaction processing speeds at a theoretical 65.000 transactions per second (10.000 times faster than Bitcoin and 4000 faster than Ethereum). Solana uses a unique mechanism called Tower BFT, which enables fast block confirmation times while maintaining network security and decentralization, and altogether the network is designed prioritising high throughput to deliver at high speeds and much lower cost per transaction than other networks, leading to its popularity. You don’t need to be an expert blockchain software engineer to understand that those conditions will attract bot and spamming activity, and Solana’s engineers and developers are already working to devise upgrades and protocols that will more effectively discriminate and divert these unwanted chunks of transaction activity.

Let’s keep learning while supporting the development of the technologies that will power and enable our future.

What do you think will be the price range of Solana for the rest of 2024?
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#Solana⁩ #HotTrends

Let's go back a bit, After reaching its highest point (0.00001080), $Pepe coin took a big tumble, dropping below 0.00000670.
But guess what?
That dip was a chance for smart investors to get in. Despite all the talk about Pepe being delisted or going back to its peak, I advised sticking around and buying when it was low. Remember, stick with one trusted guide.
Now, let's look ahead. Pepe's been getting a lot of attention lately, and that's driven its price up. Some reliable sources even think it could go above $0.00001193 soon. And believe it or not, some folks are dreaming of it hitting $1 or even $0.5! But for now, let's focus on the possibilities.
Here's my advice:
Hold onto some Pepe coins with the goal of hitting $1, but don't cash out everything. Sell some when the price goes above $0.00001110. ( follow now, I will guide you in every future situation )
If you want a plan that covers all the bases—whether Pepe hits $1 or not—follow me for straightforward crypto tips. And if you want the inside track, please support with tip 🙌
#PEPEGrowth #PEPEPotential🚀🐸 #PepeIsOnTheRise #HotTrends"

Bitcoin halving is coming! These 5 cryptocurrencies are about to explode with 100-fold potential!
The countdown to the halving of the pie is on. According to past experience, there will be a decline before and after the halving! About ten months after the halving, we will reach the peak of the bull market. Of course, the data can only be used as a reference. Every environment is different. We can’t always try to find a solution. But one thing is for sure, 73,000 is definitely not the highest point of this bull market. . Can Bitcoin pull back to the $60,000 mark next? It’s time to ambush the bottom! Which potential coins have 100 times explosive potential!
5 coins with 100x potential that may have huge returns in the bull market and can be bought at the bottom!
#PENDLE🔥🔥
The new $USDe pool on the Pendle mainnet reached its 100M limit within hours of its launch. The second wave of activities launched by the Ethena project in a short period of time has brought a large wave of large investors into the market. There is no need to participate in Noble Chain Xiaosan. You may get good results starting from 10,000U. The pledged amount was basically quickly highlighted by the market. The short-term popularity is full. Good for currency prices. Breaking through 1u shouldn’t be a big problem!
As Eigenlayer’s best agent, Pendle Finance’s YT product has great returns. The market pays close attention to it, with TVL and trading volume hitting new highs every day. Multiple re-staking projects are preparing for token issuance, indicating a bright future for Pendle.
#SUI🔥🔥🔥🔥
The target of SUI in this round of bull market is conservatively estimated at 20 US dollars. Sui has tested the 1.87 position for the fourth time since the day before yesterday. A conference will be held in Paris on April 10. This conference invited a16z, Visa, VanEck, and Red Bull. , world-renowned companies are sure to show their presence as guest speakers - Sui's first global conference "Sui Basecamp" is scheduled to take place on April 10-11. - Speaker line-up includes global companies such as a16z, Visa, VanEck and Red Bull. - Similar to Aptos, there are rumors that Sui may announce important catalysts during the conference.
#MAV🚀🚀🚀
You can have a long-term ambush. MAV is an infrastructure for decentralized financial transactions across multiple chains such as Ethereum, Binance Chain, and zksync. The reasons for optimism are: 1. The investment lineup is good, and well-known large institutions such as Binance Labs and Coinbase have invested. 2. The new currency has not yet exploded, but has great potential. 3. The weekly trend is beautiful, proving that the bookmakers are strong and have strong market control capabilities. 4. The circulation is small, and it is easy to pull the market. Compared with the market value of the leading uni, there is still a lot of room!
#ORDI
There are still 25 days left before the Bitcoin halving. The fourth halving of the pie is about to take place, but not everyone will revel. Since the block reward will be reduced by half after the halving, miners with old mining machines will face Risk of downtime and offline.
Miners' income is mainly determined by block rewards and mining fees. In order to maintain income, they will definitely find ways to increase mining fee income after the block reward is halved. Inscription is the most important part of increasing mining fees, and the inscription sector will become popular again.
If you currently hold an inscription like Ordi, don’t panic. In the long run, it will still be at the bottom. If you don’t hold an inscription yet, you can find a place to get an inscription faucet. ORDI is now the first choice. Hanbangzi is about to launch Audi. It’s time to take advantage of the reduction in production of the big pie to make up for the increase!
#STRK
STRK announced its 2024 roadmap last week, which is dedicated to improving Strk's performance, reducing gas, and expanding version upgrade intervals. Strk builds on the upgrade by adding its own scalability measures. Strk v0.13.0 kicks off 2024, expanding block sizes on the network and reducing gas by 25%
V0.13.1 adds support for ETH’s long-awaited EIP-4844, resulting in significant gas reductions. The average fee per transaction for trading on Strk is $0.017 and falling! V.0.14.0 currently plans to focus on further fee reductions. The exact content of the upgrade will depend on the long-term impact of EIP-4844 and the resulting performance improvements.
STRK, the first ZK to be listed on Binance, has a lot of room. There are not many coins that have not yet risen since the bull market started. The fundamentals of this coin are not bad and the popularity is high. What are you afraid of? Just build a position. If it falls, add to it. Just do it. It’s over. It would be weird if this bull market didn’t increase several times. Just be careful not to get blown out. It’s not certain whether there will be a correction before the pie is halved. I’m afraid of a big correction, so keep your position safe!
#BTC #Meme #WIF #SHIB #ETH🔥🔥🔥 #HotTrends"