News with the tag "layer 1"

Solana’s price remains in a bear market after falling over 57% from its highest level this year, with further downside likely. Solana ( SOL ) dropped to $126.5 on March 21, bringing its market cap to $64.45 billion — down from over $127 billion just a few months ago, wiping out approximately $63 bil...

Ethereum price has crashed by over 52% from its highest level in December, and technicals and on-chain metrics point to more downside in the near term. Ethereum ( ETH ) peaked at $4,105 in December and was trading at $1,970 on March 20. This 52% crash makes it one of the worst-performing blue-chip c...

Sui price continues to trade below the $3 mark, struggling to gain momentum despite a recent partnership with Trump’s World Liberty Financial. What’s next? Currently trading at $2.75 according to crypto.news price tracker , Sui ( SUI ) is experiencing weak momentum. At 42.39, the relative strength i...

Binance founder Changpeng Zhao has recently shared vital insights on the impact of L1 vs L2 for AI projects looking to venture into the blockchain industry. In an X post this Thursday, CZ cracked on how AI projects could leverage two branches of the same tech differently. Notably, L1 offers sovereig...

Berachain’s co-founder, Smokey the Bera, says the developer team sold too many BERA tokens to venture capitalists and is currently working towards buying back its supply. Almost a month after the launch of the Berachain ( BERA ) mainnet, co-founder Smokey the Bera appeared on the Unchain podcast to ...

VanEck’s head of digital assets research, Matthew Sigel, has warned that upcoming Solana network upgrades could significantly impact validator earnings while raising centralization risks. Sigel outlined three major proposals — SIMD 096, SIMD 0123, and SIMD 0228 — in a post on X on Mar. 4. These prop...

Onyx Protocol has launched a Layer 1 blockchain, powered by XCN token, to drive institutional blockchain adoption for transaction processing. Onyx Protocol ( XCN ) has just launched the Onyx Goliath Project, a Layer 1 blockchain network built for banks, financial system providers, and financial inst...

Solana has fallen to $126, its lowest price since mid-October, as investors prepare for an upcoming 11.2 million SOL token unlock from the FTX bankruptcy estate. According to crypto.news price tracker , Solana ( SOL ) has dropped 9% in the last 24 hours and 27% over the past week, with concerns grow...

Cryptocurrency prices fluctuated on Feb. 26 after experiencing double-digit losses the previous day. Quant ( QNT ), a cryptocurrency project focused on real-world asset tokenization traded above the $110 mark Wednesday morning before giving back some of its gains. The same holds true for Polkadot ( ...

Web3 hiring in Q4 showed an 80% year-over-year increase but dipped 13% on a quarter basis, with U.S. election impacts lagging behind seasonal trends. In Q4 2024, crypto companies added 788 jobs, up from 436 in Q4 2023, though hiring slowed from Q3’s 902 roles, with a small boost in November and elec...