The digital money market has recently shown a complex situation. Bitcoin prices are fluctuating downwards, while the Bull vs Bear Battle for Ethereum is intense in the short term. Meanwhile, ETF funds continue to flow in, injecting new momentum into the market. However, most alts are facing a general fall.
In the public blockchain space, the Solana ecosystem stands out. The US stock market has established the Solana treasury company, and the Solana network is about to launch the Alpenglow upgrade, which is expected to reduce the consensus time to one percent of the original, significantly enhancing network performance.
The DeFi sector has also welcomed new developments. The lending protocol DOLO on the Bera chain has been listed on Binance, attracting market attention. It is worth mentioning that the founding team's background of DOLO is quite controversial.
The Ethereum ecosystem continues to innovate. Aave Labs has launched a new type of RWA (Real World Assets) lending market called Horizon. This platform aims to enable institutional investors to use real-world assets as collateral to borrow stablecoins, opening up new pathways for the integration of traditional finance and crypto finance.
In addition, the Ethereum scaling solution Linea has also received good news. The project plans to conduct its token generation event (TGE) in September and will launch its native ETH yield feature in October, which may further enhance its competitiveness in the Layer 2 ecosystem.
Despite the large fluctuations in the market in the short term, the emergence of these technological advancements and innovative projects demonstrates the vitality of the continuous development of the Web3 industry. Investors and developers should closely monitor these trends to seize potential opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
10
Repost
Share
Comment
0/400
GasGasGasBro
· 08-31 00:50
Layer2 workers! Still in meme tokens!
View OriginalReply0
Hash_Bandit
· 08-30 17:18
mining since 2013... seen every cycle tbh. sol's hashrate looking bullish ngl
Reply0
GlueGuy
· 08-30 02:31
Sol, charge forward! Let's get it going!
View OriginalReply0
FloorSweeper
· 08-28 03:50
paper hands getting rekt as usual... while i'm accumulating cheap sol
The digital money market has recently shown a complex situation. Bitcoin prices are fluctuating downwards, while the Bull vs Bear Battle for Ethereum is intense in the short term. Meanwhile, ETF funds continue to flow in, injecting new momentum into the market. However, most alts are facing a general fall.
In the public blockchain space, the Solana ecosystem stands out. The US stock market has established the Solana treasury company, and the Solana network is about to launch the Alpenglow upgrade, which is expected to reduce the consensus time to one percent of the original, significantly enhancing network performance.
The DeFi sector has also welcomed new developments. The lending protocol DOLO on the Bera chain has been listed on Binance, attracting market attention. It is worth mentioning that the founding team's background of DOLO is quite controversial.
The Ethereum ecosystem continues to innovate. Aave Labs has launched a new type of RWA (Real World Assets) lending market called Horizon. This platform aims to enable institutional investors to use real-world assets as collateral to borrow stablecoins, opening up new pathways for the integration of traditional finance and crypto finance.
In addition, the Ethereum scaling solution Linea has also received good news. The project plans to conduct its token generation event (TGE) in September and will launch its native ETH yield feature in October, which may further enhance its competitiveness in the Layer 2 ecosystem.
Despite the large fluctuations in the market in the short term, the emergence of these technological advancements and innovative projects demonstrates the vitality of the continuous development of the Web3 industry. Investors and developers should closely monitor these trends to seize potential opportunities.