Web3 🌘 Thursday Insider: Solana Rises, Bitcoin Blockchain Expands, Ripple Wins License, & VC Spectra Presale Heats Up
1/ 💰 SOL Price Jumps 8%, Hits $80.
2/ 🚀 Bitcoin Blockchain Reaches Over Half-Terabyte With Transaction Surge.
3/ 📑 Central Bank of Ireland Grants VASP License to Ripple.
4/ 💸 VC Spectra’s Presale Signals Heats Up Crypto Scene.
For further details, let's keep reading! 👇
Welcome, crypto enthusiasts! Let's take a look at the exciting news of the cryptocurrency. From Solana's fiery ascent to Bitcoin's record-breaking blockchain growth, Ripple's European win to VC Spectra's presale.
Stay tuned for more detail!
1/ SOL Price Jumps 8%, Hits $80. 💰
Solana (SOL) is on fire, soaring above $80 and surpassing XRP to become the fifth-largest cryptocurrency. This recent rally marks a 546% surge since last year, eclipsing even Bitcoin and Ethereum gains. The hot streak extends beyond SOL itself, with BONK, HNT, and MOBILE tokens also enjoying significant upswings. Even the Solana Saga smartphone sold out thanks to a lucrative airdrop, showcasing the ecosystem's renewed momentum. With big DeFi airdrops like Jito and Jupiter on the horizon, Solana's future looks bright.
Andrew Hayward
2/ Bitcoin Blockchain Reaches Over Half-Terabyte With Transaction Surge. 🚀
Bitcoin's 2023 has been a record-breaking year, not just for price but also for its internal workings. The network's distributed ledger has ballooned to a staggering half-terabyte, surpassing 500 gigabytes for the first time. This growth is driven by a surge in transactions, reaching an average of 7.93 per second, and the rise of "Ordinals" inscriptions, a novel use case pushing block sizes to new heights.
While this expansion showcases Bitcoin's resilience and adaptability, it also reveals challenges. The mempool, a backlog of unconfirmed transactions, currently holds over 300,000 entries, requiring higher fees to prioritize processing.
Jamie Redman
3/ Central Bank of Ireland Grants VASP License to Ripple. 📑
The Central Bank of Ireland granted Ripple a VASP license, opening doors to serving the entire European Economic Area once MiCA regulations kick in next year. This major green light paves the way for Ripple's Irish arm to offer digital asset services, marking a significant step for its European expansion. With MiCA's single passport, Ripple can now reach millions across the continent. This is just the latest in Ripple's global push, following licenses in Singapore and Dubai. But while Ripple celebrates this European victory, its fight for US regulatory clarity with the SEC continues.
Ruholamin Haqshanas
4/ VC Spectra’s Presale Signals Heats Up Crypto Scene. 💸
Move over Litecoin and Polygon, VC Spectra's presale is igniting the next crypto wave! This DeFi project disruptor offers exclusive presale access, voting rights, and juicy dividends, all while its token price rockets towards a 10x gain. Experts see VC Spectra mirroring Litecoin's $80 surge and Polygon's NFT-fueled rally, making it the next crypto wave to ride.
Brian Johnson
Conclusion:
From Solana's fiery ascent to Bitcoin's record-breaking ledger, the crypto landscape is buzzing with innovation and opportunity. Ripple's European expansion paves the way for wider adoption, while VC Spectra's presale ignites a new wave of DeFi excitement. Whether you're a seasoned investor or a curious newcomer, the future of crypto promises thrilling possibilities for all.
Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.
