A lot of #crypto projects have gone into build-only mode and don't make announcements anymore.
If Bitcoin rallies much more a lot of them will dump three months' worth of news and we'll see some insane pumps in reaction.
Listen for whos keeping quiet ๐
@RyanSAdams I'm a firm believer in Solana's tech, although not similar to what BTC maximalists think about bitcoin, I think Solana will bring change in the ecosystem and whatever price you buy at in this bear market, it will be profitable for sure in future!
Here are the 5 most important questions that Iโve come up with for Evaluating Layer 1's:
Is it secure?
Is it decentralized?
Are there developers?
Is there usage?
Is it profitable?
#cryptocurrencies
Solend, a money market dApp and the largest Solana-based protocol, is scrambling to address exposure from a whale thatโs holding 5.7M SOL worth $215.7M, according to governance proposals.
The flurry of action comes as fears of liquidations continue to roil the DeFi market. Solana has rallied alongside Ether, jumping 34% in the last seven days, according to CoinGecko. Yet investors and protocols remain jittery about fallout from loanbooks backed by digital assets.
Magic Eden has raised $130 million in Series B round, bringin valuation to $1.6 billion. The funds will be used to expand its marketplaces, explore multi-chain opportunities and improve its products. Magic Eden has an almost 97% market share for daily Solana NFT transactions #NFT