The post Top Performers and Major Developments appeared on BitcoinEthereumNews.com.

This week, significant developments have highlighted the evolving landscape of crypto and blockchain. First of all, Solana has emerged as a leader in blockchain activity, surpassing previous records with 237 million transactions in just seven days. Secondly, Ethereum co-founder Vitalik Buterin has advocated for sustainable and decentralized crypto solutions, underscoring the importance of practical applications over fleeting trends. Thirdly, Bitcoin reserves on exchanges have hit new lows, potentially signaling a bullish trend driven by increased self-custody practices. Apart from these top-3 news, there are some other interesting news as well. In Africa, Tether’s partnership with Rezo Money aimed to boost blockchain education in Guinea, while AlchemyPay and OKLink’s collaboration promised to enhance the integration of crypto and fiat transactions. These stories reflect ongoing advancements and shifts within the cryptocurrency space, shaping the future of digital finance. Solana Leads Blockchain Activity with 237M Transactions in 7 Days Over the past week, Solana has emerged as the top blockchain, recording 237 million transactions and 2.1 million daily active addresses. This surge in activity underscores Solana’s growing dominance in the blockchain space, particularly as it continues to attract developers and users with its high-speed performance and low transaction costs. Solana’s consistent growth solidifies its position as a leading platform in decentralized applications and smart contracts. Following Solana, TRON and NEAR also showed strong performance. TRON processed 52.8 million transactions with 2.17 million daily active addresses, positioning it as a key player in dApps and smart contracts. These metrics highlight the competitive landscape of the blockchain industry, where both established and emerging networks vie for activity, setting benchmarks for future growth and relevance. Vitalik Buterin Calls for Sustainable, Decentralized Crypto Applications Vitalik Buterin, co-founder of Ethereum, recently shared his views on the ideal types of crypto applications. He emphasized the importance of applications that…

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Filed under: News - @ September 1, 2024 10:05 am