Stablecoin usage has migrated outside of Ethereum due to the high transaction fees triggered by meme-coin hype. In light of this, the second-tier blockchains are now getting increased traction.
Solana has been intriguing us with news of its innovative smartphone for 10 months now. On May 8, this Android device, designed to optimise work with Web3 and ensure seamless integration with crypto platforms, became available for pre-order.
Stablecoin usage has migrated outside of Ethereum due to the high transaction fees triggered by meme-coin hype. In light of this, the second-tier blockchains are now getting increased traction.
Solana has been intriguing us with news of its innovative smartphone for 10 months now. On May 8, this Android device, designed to optimise work with Web3 and ensure seamless integration with crypto platforms, became available for pre-order.
The migration of the Helium project to Solana, despite a slight delay, was successful. The price of the new IOT token has rocketed by more than 600%. Nevertheless, ‘hotspot’ node operators are yet to accommodate the new rules.
At the end of March, the Helium Network will migrate to the Solana blockchain. The developers claim that the transition to the new network will increase scalability and reliability, as well as speed up transactions.
Circle has created a protocol that replaces cross-chain bridges - CCTP. The launch is planned in the middle of the first quarter of 2023 on Ethereum and Avalanche.
