Crypto Ethone

  Solana is collaborating with Google Cloud to shape the future of gaming.  The partnership is centred around Gameshift, a product by Solana Labs, which offers a comprehensive range of Web3 primitives and actions necessary for games.  This partnership aims to power Web3-enabled gaming, leveraging Solana’s blockchain technology capabilities.  SOL Info Solana SOLUSD is a high-performance blockchain platform designed for decentralized applications and crypto-currencies.  It aims to improve blockchain scalability by introducing a proof-of-history consensus combined with the underlying proof-of-stake consensus of the blockchain.  Solana’s architecture allows for short processing times with the ability to scale as the ecosystem grows, potentially up to 65,000 transactions per second.  The native cryptocurrency, SOL, is used for transaction fees and for staking in the network’s consensus mechanism.  Its primary goal is to provide fast, secure, and scalable blockchain solutions.

  Former President Trump plans to launch his cryptocurrency platform World Liberty Financial on Monday in an address from Mar-a-Lago.  “We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said in a video posted Thursday afternoon on social platform X.  The launch, which will take place on X’s Spaces  https://x.com/realDonaldTrump  at 8 p.m. EDT Monday, was also advertised in the video as a “state of crypto address” with the Republican presidential nominee.  Trump teased the crypto project last month in a post on his own social media platform, Truth Social.  “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand — together,” Trump wrote, linking to a Telegram channel called “The DeFiant Ones.”  The Telegram channel has since been renamed “World Liberty Financial” and is described as the “Official Trump DeFi Channel.”  Despite once dismissing crypto as a “scam,” Trump has fully

  This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH)  Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss.  This puts bears back in charge of the price action.  If buyers don’t show up soon, ETH may go to $2,000 next.  So far, this cryptocurrency has not made a lower low compared to the drop on August 5th, but it has made a lower high.  This reinforces the bearish bias and does not give much hope for a reversal at this time.  On the contrary, the price could revisit the lows from early August.  Looking ahead, Ethereum is in a difficult spot and may pull down most of the altcoin market if it fails to reverse this trend. Ripple (XRP)   XRP is right on the 54 cents support, with sellers keen to push it under.  The price closed the week with a 4% loss, and the momentum is bearish. If nothing changes, the current support may be lost soon.  Should that happen, XRP may fall to 50 cent

Former Goldman Sachs analyst Murad Mahmudov has predicted that dogwifhat (WIF) is going to be a Solana-based meme coin that is set to outperform in 2025.  The analyst pointed out to the fact that the WIF community has the most impactful and efficient holders with at least $1K in WIF tokens.  According to CoinGecko data, WIF is currently the fourth-biggest meme coin with a market cap of $1.47 billion.  The meme cryptocurrency is currently changing hands at $1.48 after slipping by nearly 2% over the past 24 hours. WIF to $88?  Cryptocurrency research firm Cryptonary recently predicted that the price of Dogwifhat (WIF) could eventually surge to $88 if the meme coin starts a "supercycle."  For this to happen, it would have to replicate the success of meme coin giant Dogecoin DOGEUSD .  The firm has noted that the coin has managed to organically achieve "escape velocity," meaning that it could potentially achieve growth without constantly needing some external factors. 

  Grass Confirms Airdrop Rewarding 2M+ Beta Users: Here's What We Know After months of speculation, Solana’s AI Data Layer finally confirmed what many users have eagerly anticipated. It was almost a certainty, but Solana users were nonetheless relieved to hear that  Grass  has officially confirmed an upcoming airdrop. Running since the 13th of July, Grass' seventh epoch has come to an end. Celebrating the success of its closed beta, the milestone marks the end of a growth period that began with a closed alpha program in June 2023. Grass announced that an airdrop was indeed on the horizon, with a usage snapshot of contributors “being taken”.  Aiming to decentralize data collection and management used for AI training, Grass enables contributors to repurpose their unused device bandwidth. This way, anyone can be involved in the growth and development of AI, while potentially earning rewards. What can we expect from a Grass airdrop? Here’s What We Know Boasting over 2 million acti

Solana continues to showcase a positive price movement as it outperforms the rest of the market. This recent surge in value allowed Solana to surpass Binance Coin (BNB) in market capitalization rankings last week, marking a significant milestone for the digital asset. Delving deeper into its performance, technical analysis suggests that Solana’s bullish trend is likely to persist into the coming week. Indicators point to sustained momentum, which could see its price continue to climb. Captain Faibik stands out with a particularly bold prediction. The crypto analyst forecasted a substantial rally for Solana, projecting its price could soar to as high as $1,000 . Bullish Breakout For Solana Technical analysis shared on social media platform X by renowned crypto analyst Captain Faibik has brought attention to a significant development for Solana’s price. According to his analysis, recent price movements have caused Solana to break out of a bullish pennant formation on the weekly timefram