1. Ethereum - The best altcoin to invest in in 2024
2. Solana – A strong contender in the DeFi and NFT space
3. NEAR Protocol — A highly scalable blockchain with sharding
4. Bittensor – A decentralized platform for machine intelligence
5. Optimism – Ethereum’s leading layer 2 solution
6. BNB – The Biggest Challenger to Ethereum’s DeFi Dominance
7. Kaspa – High-performance distributed ledger with unique architecture
8. Cosmos – Building the “Internet of Blockchains” powered by ATOM
9. Stacks – A platform to extend Bitcoin’s functionality

DAWN is a decentralized wireless network for delivering internet services, developed by the Andrena team, that gives property owners or residents the opportunity to buy and sell internet capacity in their surrounding areas - enabling users to operate as their own internet provider. DAWN facilitates a trustless exchange system that employs proof of backhaul, location, and frequency.
Important members of the DAWN team

Neil Chatterjee is the CEO of Andrena.

James Smits is the co-founder of Andrena
According to the information currently searched, there are two main members of the team, namely the founder and CEO Neil Chatterjee and the co-founder and COO James Smits. Both graduated from Princeton University in the United States. The company is also located in New York, USA, and is a full-fledged American team.

BlackRock's Bitcoin Exchange-Traded Fund (IBIT) has reached a market capitalization of $30 billion, becoming an important milestone in the cryptocurrency field. This achievement not only reflects the growing maturity of Bitcoin as an asset class but also shows traditional financial institutions' recognition and participation in the cryptocurrency market. This article will explore the significance of IBIT market capitalization growth, market response, and its impact on future trends.
I. The background of IBIT market capitalization growth
BlackRock's Bitcoin ETF (IBIT) market capitalization has exceeded $30 billion, achieving this milestone in 293 days, compared to 1790 days for the gold market, demonstrating Bitcoin's rapid growth potential as an emerging asset. The rapid growth of IBIT has attracted widespread attention from market participants and sparked discussions on the future trends of the cryptocurrency market.

With the rapid development of the Web3 ecosystem, a large number of creatively limitless meme projects have emerged in the blockchain field, gradually attracting widespread attention. These meme projects not only showcase the vitality and creativity of the crypto community but also provide new opportunities and gameplay for investors.
However, the rapid rise of meme projects has also brought challenges in filtering quality projects and discovering market potential. To this end, major chains have launched launchpad platforms for meme projects, filtering, incubating, and supporting promising meme projects, providing reliable bridges for developers and investors.

Cryptocurrency’s influence continues to expand globally. After the United States, countries with a larger share of mobile wallet users include Nigeria (which provides regulatory clarity through measures such as regulatory incubation programs and significant growth in consumer uses such as bill payments and retail purchases), and India (which has a booming population and mobile phone penetration). rates are high) as well as Argentina (where many residents are flocking to cryptocurrencies, especially stablecoins, due to currency depreciation).
While it is easy to measure active addresses and monthly active mobile wallet users, the actual number of active crypto users is more difficult to measure. However, using a variety of methods, we estimate that there are between 30 million and 60 million monthly active crypto users worldwide, which would only represent 5%-10% of the total number of 617 million cryptocurrency holders estimated by Crypto.com worldwide in June 2024.

As the cryptocurrency market matures and develops, investors are exploring the key factors that may drive the market higher. Four potential 'boosters' that may lead the cryptocurrency market to new heights in the near future.

U.S. elections and regulatory developments: The double-edged sword of political power
The results of the U.S. elections have always been a nerve-wracking issue for global financial markets, especially in the cryptocurrency field. The uncertainty of the election results has undoubtedly brought considerable volatility to market sentiment, but at the same time, the crypto sector has also demonstrated strong political lobbying capabilities and broad bipartisan support in Congress. According to the latest survey, over 70% of Congress members hold a positive attitude towards cryptocurrencies, a figure that has increased by nearly 20% over the past year. This means that regardless of who ultimately takes office in the White House, legislation supporting cryptocurrency technology is likely to pass smoothly in Congress. This trend will not only provide a clearer regulatory environment for the cryptocurrency market but will also further consolidate its position in the financial market.

2.9 trillion US dollars evaporated, the market value of the entire cryptocurrency world.
Global markets are falling, including U.S. stocks, oil, gold, silver, and the U.S. dollar index.
The Nasdaq's tech stocks plunged the most, with $2.9 trillion evaporated in one day, which is the same as the entire cryptocurrency market, whose total market value is less than $2.9 trillion. The worst hit were Intel and Amazon, whose declines once approached 30%, marking the largest decline since at least 1982.
The recent market conditions are completely dominated by fundamentals. Whether it is the US election or the Federal Reserve's interest rate cut, both have a huge impact on the market, but both are full of too much uncertainty.