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PrimeXBT Principal Analyst: Solana (SOL), Crypto's Dark Horse Seeking to Challenge Ethereum (ETH)

PrimeXBT Principal Analyst: Solana (SOL), Crypto’s Dark Horse Seeking to Challenge Ethereum (ETH)

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Among the top 20 coins that fell victim to crypto bloodshed last week, one coin managed to survive relatively unscathed: Solana Blockchain (SOL). Not only was it not a victim of the carnage, SOL even managed to make a profit of around 60% for the week, a very impressive record when most other coins were posting losses of between 20% and 50%. In fact, SOL also managed to post a record daily percentage gain in Sunday’s sell-off that...

Ethereum, Trading

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Is Ripple Going To IPO?

Is Ripple Going To IPO?

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A leading cryptocurrency company, Ripple has not given up plans to launch an IPO despite the recent legal battle with the regulators in the US. The former chairman of SBI Group (Strategic Business Innovator Group, the group of financial services companies behind Ripple based in Tokyo, Japan) said that no regulatory framework yet exists for this market and there is no “focused regime” in place like traditional financial markets or securities...

Cryptocurrencies, Featured, News

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Fiat (Currency)

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Fiat currency is “legal tender” that is guaranteed by the federal government and has its own financial structure, such as fractional reserve banking. It may be in the form of hard cash or electronic representations, such as bank credit. It serves as a means of trade, a store of value, and a unit of account as a government-regulated instrument. Money must be robust, compact, divisible, uniform, permissible, and small in quantity in order to...

Glossary

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Finality rate

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Finality is a blockchain condition (or status) that happens when a blockchain transaction has been authenticated and cannot be canceled, revoked, or changed by all network members. The finality rate is the time it takes for a contract to enter its final state after it has been completed. Depending on the blockchain in question, as well as the sense in which this word is used, this rate can be calculated in seconds or blocks.

Blockchain, Glossary

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What is behind the Dogecoin boom

What is behind the Dogecoin boom?

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The Dogecoin phenomenon is not something that could have happened without the support of its dedicated community, coders, investors, and pioneering sellers. All of those contributions came together to make this new type of cryptocurrency come to life as we know it today. Who Is Behind Dogecoin? The origin of Dogecoin’s development is a mystery that has been heavily debated by members of the community. Initially, Dogecoin’s source code...

Cryptocurrencies

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