Solana developers are considering increasing the network’s block capacity by 66% as demand for block space on the most widely used network grows. A new proposal, SIMD-0286, floats the idea of increasing Solana’s per-block compute limit from 60 million to 100 million compute units (CUs), according to a document posted by core contributors this week. … Read more
BNB rose more than 3% in the past 24 hours, briefly topping $800 to reach a new high near $810. BNB peaked at $809.84 as trading volume exceeded the session’s average to 125,568 tokens in an hour, according to CoinDesk Research's technical analysis model. Behind the rally were a number of factors, including a more … Read more
BNB’s price slipped nearly 1.5% in volatile trading over the last 24-hour period to trade recently around $765. It’s down from a near $780 high earlier this week. The move carved out a $34.87 range in a short window as institutional selling hit the market and buyers scrambled to defend key support. Trading volume spiked … Read more
Bitcoin’s (BTC) volatility could continue to fall as mainstream acceptance grows and the cryptocurrency is adopted by companies, retail investors and governments, Deutsche Bank said in a research report on Tuesday. Excitement over upcoming legislation in the U.S. has spurred bitcoin’s recent rally, the german lender said, but it is notable that the crypto’s rise … Read more
Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin and ether in ETF markets. The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2, has already attracted over $41 million … Read more
Shares of Nasdaq-listed cryptocurrency exchange Coinbase (COIN) rose 43% this month, making the firm the top performer in the S&P 500 since it joined the index at the end of last month. June’s run is already the stock’s best since November and caps three straight monthly gains. Coinbase’s shares reached their highest level since their … Read more
Microsoft hosts its annual software developer conference in Seattle on Monday, drawing thousands of coders looking to turn the past years of investments into artificial intelligence into profitable products and services for consumers and businesses. The Redmond, Washington-based software giant, which is an investor and deep strategic partner with ChatGPT creator OpenAI, and has already … Read more