Crypto market
The Foundation is committed to tracking network performance over time through quantitative and qualitative measures. For this report, we highlight four metrics for the sake of simplicity and to allow users to easily track these metrics and how they progress over time https://tonapp.store/chats/insect-on-ton/. We’ve included these metrics, as well a few others, on a Dune dashboard that makes it easy to dig a layer deeper into the data or run your own analyses.
With the plethora of stablecoins can come fragmented growth and liquidity. At Breakpoint, Perena introduced Numeraire, a multi-asset stableswap protocol on Solana. Perena was recently founded by Anna Yuan, the Solana Foundation’s former stablecoin lead, to build infrastructure for stablecoins.
As such, a strong payments ecosystem has developed on Solana, with support from traditional companies like Visa, PayPal, Shopify, and Stripe, alongside numerous crypto-native protocols. Breakpoint featured several payments-related developments, including:
The Q3’24 stablecoin growth has been driven by PayPal’s PYUSD, which has risen to a $332 million market cap in four months following its launch on Solana. At Breakpoint, PayPal’s senior vice president of digital currencies, Jose Fernandez da Ponte, discussed the company’s efforts to integrate crypto and PYUSD into its product suite, which includes:
Beyond PYUSD, the most popular stablecoins on Solana are those issued by a single entity — namely Circle’s USDC, Tether’s USDT, and Ondo’s USDY. In total, over 99% of Solana’s stablecoin market cap is from centralized stablecoins. The largest decentralized stablecoin in crypto is USDS/DAI, at a combined market cap over $5.5 billion.
Crypto wallet
Guarda is a non-custodial Bitcoin wallet that supports BTC and a variety of other digital assets such as Litecoin, Ethereum and erc-20 tokens, USDT, and many more. Guarda is available as a web wallet, desktop application (Windows, macOS, and Linux), and mobile app (Android and iOS), providing users with flexibility and accessibility across various devices.
Solana is a fast and scalable (high-performance) blockchain platform that aims to provide decentralized finance solutions and another crypto project. Solana launched in March 2020 as a faster and cheaper alternative to Ethereum, by the Solana Foundation with headquarters in Geneva, Switzerland.
Guarda is a non-custodial Bitcoin wallet that supports BTC and a variety of other digital assets such as Litecoin, Ethereum and erc-20 tokens, USDT, and many more. Guarda is available as a web wallet, desktop application (Windows, macOS, and Linux), and mobile app (Android and iOS), providing users with flexibility and accessibility across various devices.
Solana is a fast and scalable (high-performance) blockchain platform that aims to provide decentralized finance solutions and another crypto project. Solana launched in March 2020 as a faster and cheaper alternative to Ethereum, by the Solana Foundation with headquarters in Geneva, Switzerland.
MetaMask is a wallet that supports Ethereum and other blockchains that are compatible with the Ethereum Virtual Machine (EVM). Solana is not EVM-compatible, so MetaMask does not support Solana or its tokens. If you try to transfer Solana or Solana-based assets to your MetaMask wallet, you will lose access to them.
Keep in mind that cryptocurrency is converted to fiat currency to be loaded onto the card. It can be done within the app by converting your preferred cryptocurrency to USD/EUR/GBP at the given conversion rates.
Crypto intelligence news
The company disclosed that it spent approximately $6.7 million (1 billion yen) to acquire 106.976 BTC, paying around $62,520 per Bitcoin — 5.8% below the market price of $66,200 at the time of the announcement.
According to the Bureau of Labor Statistics (BLS), “the index for final demand less foods, energy, and trade services inched up 0.1 percent in September after rising 0.2 percent in August,” while prices for final demand excluding these sectors increased by 3.2% over the past 12 months.
Shepherd Morena rounds out the group as a fintech-focused community builder with a keen interest in trading and crypto gaming. Morena is currently developing content around crypto gaming, using innovative content strategies to bring people together.
The company disclosed that it spent approximately $6.7 million (1 billion yen) to acquire 106.976 BTC, paying around $62,520 per Bitcoin — 5.8% below the market price of $66,200 at the time of the announcement.
According to the Bureau of Labor Statistics (BLS), “the index for final demand less foods, energy, and trade services inched up 0.1 percent in September after rising 0.2 percent in August,” while prices for final demand excluding these sectors increased by 3.2% over the past 12 months.
Shepherd Morena rounds out the group as a fintech-focused community builder with a keen interest in trading and crypto gaming. Morena is currently developing content around crypto gaming, using innovative content strategies to bring people together.