Solana recently hit 100 million active wallets, showcasing its growing ecosystem, thanks to its high transaction speed and low fees.
The 100 million wallet milestone reflects the blockchain’s growing ecosystem of decentralized applications (dApps) and its appeal in sectors such as NFTs and DeFi. Solana’s network performance remains a key driver of its success, positioning it as a competitor to other major blockchains like Ethereum.
Cardano (ADA) continues to focus on long-term growth through secure, methodical upgrades, maintaining its strong market position.
Meme coins like Dogecoin and Shiba Inu dominate, but the market awaits the next viral coin to make its mark.
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Solana Reached over 100M million active wallets
Solana is a popular blockchain network as of date and this project has got more attention cypto space. Despite the fact its chain has been halted a few times but still, its adoption continues to grow and now its user base has beyond 100 million users. While the user count is growing a majority of wallers either hold less or no solana which raises concern. As of now, this is the third-largest blockchain for DeFi so let's see how this concerning part gets addressed.
Cardano is a project that has been in existence for a long and the coin has also performed well during the bull run cycle. Now this project has done something great by hosting the first legally enforceable smart contract in Argentina. This is the first-ever development for enforceable smart contracts in the country and there is an agreement of 10,000 ADA tokens worth $3,380. This should be paid in 10 months at a 10% interest rate. This is expected that it will bring more awareness about blockchain and crypto in the country.
Meme coins are the ones where the use case does not exist and this is why its highly risky to invest in such projects. But these days meme coin projects are growing because people are investing. It is a risky move but at the same time if the bet goes well then it can turn out to be a great investing decision but that too with high risk. This time meme coins seem to be in full force in the market.
Getting spam calls is a big problem and some solutions help us to overcome this problem upto an extent but not completely. Truecaller is an application that helps and over the period this app has evolved and offers various options to report/block spammers. Read this article to know more about it.
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