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Scalability remains a critical challenge in the blockchain world. The early giants like Bitcoin are obviously failing to meet the growing demands of the crypto community. That’s when Layer 2 solutions break in to save the day. Oh wait, before you get used to Layer 2, there is Layer 3 already at the gates. As networks like Ethereum struggle to meet the growing demand for transactions, innovative solutions have emerged to address these limitations. Two such solutions that have gained significant traction are Layer 2 (L2) and Layer 3 (L3) technologies. While both aim to improve blockchain scalability, they operate in distinct ways and serve different purposes. It is easy to get confused with the intricacies of L2 and L3 solutions, so let’s explore their differences, use cases, and potential impact on the future of blockchain ecosystems. Understanding Layer 2 Solutions What is Layer 2? Layer 2 solutions are protocols built on top of existing blockchain networks, primarily designed to handle transactions off the main chain while inheriting the security guarantees of the underlying blockchain. These solutions aim to increase transaction throughput and reduce fees without compromising the decentralization or security of the base layer. Basically, L2 is something like a turbo charger sitting on top of a naturally aspirated car engine. L2 doesn’t change the underlying idea of how the blockchain works, yet it’s innovative enough to influence the whole picture. It unloads the blockchain, speeding it up. The core concept behind L2 solutions is to move a significant portion of transaction processing off-chain, only settling the final state on the main chain. This approach allows for faster and cheaper transactions, as the main chain is not burdened with processing every single operation. Instead, it only needs to validate and record the final outcomes of batched transactions. Some people say Layers 2 was the biggest innovation in crypto since the invention of crypto itself. Now let’s take a look at some tech details. Several types of L2 solutions have gained prominence in recent years: State Channels: These allow participants to conduct multiple transactions off-chain, only settling the final state on the main chain when the channel is closed. State channels are particularly useful for applications requiring frequent, bi-directional transactions between a fixed set of parties. Plasma Chains: Introduced by Vitalik Buterin and Joseph Poon, Plasma is a framework for creating child chains that periodically commit their state to the main chain. These child chains can have their own consensus mechanisms and block validation rules, allowing for greater flexibility and scalability. Rollups: This category of L2 solutions has gained significant traction, particularly in the Ethereum ecosystem. Rollups execute transactions off-chain but post transaction data on-chain, allowing for robust security guarantees. There are two main types of rollups: a. Optimistic Rollups: These assume transactions are valid by default and only run the computation, via a fraud proof, in case of disputes. Examples include Optimism and Arbitrum. b. Zero-Knowledge (ZK) Rollups: These generate cryptographic proofs (known as validity proofs) to verify the correctness of off-chain transactions. Examples include zkSync and StarkNet. Sidechains: While technically not always considered true L2 solutions, sidechains are separate blockchains that run parallel to the main chain and can facilitate faster, cheaper transactions. They typically have their own security mechanisms and may periodically checkpoint to the main chain. To sum up. The primary advantage of L2 solutions is their ability to significantly increase transaction throughput. The security of the underlying blockchain remains intact. The fees plummet. Just look at some L2 solutions on Ethereum. While basic network has a very low TPS (transactions per second), the L2 solution speed that up a thousand times. That sounds like miracle. Which in fact it is. Yet, there are some caveats. Or, as some people may put it, challenges. The thing is that different L2s may have varying degrees of composability with the base layer and with each other. This can lead to fragmentation of liquidity and challenges in creating seamless user experiences across different L2 ecosystems. Additionally, some L2 solutions introduce new trust assumptions or have complex withdrawal processes that can impact user experience and security. What is Layer 3? Enter L3 solutions, a different kind of crypto animal. The concept of Layer 3 has emerged as a potential next step in scaling and specialization. Using that car analogy again, L3 is to L2 what bi-turbo engine systems are to usual turbo chargers. While that might seem overwhelming and ungodly complicated, the difference can be explained at once. While L2 solutions focus on scaling the base layer, L3 solutions build upon L2 to provide even more specialized functionality and performance optimizations. The key idea behind L3 is to create a layered architecture where each level serves a specific purpose: Layer 1: The base blockchain (e.g., Ethereum mainnet) Layer 2: Scaling solutions that inherit security from L1 Layer 3: Highly specialized chains or applications built on top of L2 Of course, ll this is not carved in stone. L3 solutions are still a relatively new concept, and their exact implementation can vary. However, some common approaches and use cases for L3 include: Hyper-scalability: By building on top of L2 networks, L3 solutions can potentially achieve even greater scalability. This could allow for applications that require extremely high transaction throughput, such as complex gaming ecosystems or large-scale decentralized social networks. Application-Specific Chains: L3s can be designed to cater to specific use cases or industries. For example, a gaming-focused L3 could be optimized for the unique requirements of blockchain games, such as frequent state updates and complex in-game economies. Privacy Layers: While some L2 solutions offer improved privacy features, L3 could provide dedicated privacy-focused environments built on top of scalable L2 networks. This could enable applications that require both high throughput and strong privacy guarantees. Interoperability Solutions: L3 networks could serve as bridges between different L2 ecosystems, facilitating cross-L2 communication and asset transfers. This could help address the fragmentation issues that arise from having multiple, distinct L2 networks. Customized Execution Environments: L3s could offer highly specialized execution environments tailored for specific types of computations or smart contract languages. This could enable more efficient processing of certain types of transactions or the use of domain-specific languages for particular applications. And here comes the big thing. While L2 solutions need to maintain a certain level of generality to serve a wide range of applications, L3s can be more narrowly focused on specific use cases. This specialization could lead to significant performance improvements and enable new types of decentralized applications that were previously infeasible due to technical limitations. There is a bullet for every mark, to put it simply. Yet, as with any fresh technology, L3 comes with caveats of its own: Complexity: Adding another layer to the blockchain stack increases overall system complexity. This could make it more difficult for developers to build and maintain applications, and for users to understand and navigate the ecosystem. Security Considerations: Each additional layer introduces new potential attack vectors and security considerations. Ensuring the security of L3 solutions while maintaining their benefits will be crucial. Interoperability: As with L2 solutions, ensuring seamless interoperability between different L3s and with the underlying L2 and L1 layers will be essential for widespread adoption. Decentralization: There's a risk that highly specialized L3 solutions could lead to increased centralization if not carefully designed. Maintaining the decentralized ethos of blockchain technology will be an important consideration in L3 development. Comparative Analysis: Layer 2 vs. Layer3 Now, since we have taken a separate looks at L2 and L3 it is time to push them together. Both L2 and L3 aim to improve blockchain scalability and functionality. But in fact they serve different purposes: Scope and Specialization: L2 solutions are generally broader in scope, aiming to scale the base layer for a wide range of applications. L3 solutions tend to be more specialized, focusing on specific use cases or optimizations. Relationship to Base Layer: L2 solutions directly interact with and derive security from the base layer (L1). L3 solutions typically build on top of L2, sometimes they have no intersection with the base layer. Scalability Improvements: L2 solutions offer significant scalability improvements over L1, often increasing throughput by orders of magnitude. L3 solutions have the potential to provide even greater scalability, building on the improvements already achieved by L2. Complexity and Development: L2 solutions are more established and have more mature development tools and ecosystems. L3 solutions are still emerging and may require more complex development processes and new tools. Use Cases: L2 solutions are suitable for a wide range of applications that require improved scalability and lower fees. L3 solutions may be better suited for highly specialized applications or those requiring extreme performance in specific areas. Security Model: L2 solutions typically inherit security directly from the base layer, with various mechanisms to ensure transaction validity. L3 solutions may have more complex security models, potentially relying on both L1 and L2 for different aspects of security. Interoperability: L2 solutions often focus on interoperability with the base layer and, to some extent, with other L2s. L3 solutions may need to consider interoperability across multiple layers (L1, L2, and other L3s), potentially increasing complexity. Why It Matters: The Impact on Blockchain Ecosystems Now that we’ve dug into the depth of technologies, it’s time to gaze into the future. The development and adoption of L2 and L3 solutions have far-reaching implications for the blockchain industry and its potential applications: By addressing the scalability limitations of base layer blockchains, L2 and L3 solutions pave the way for broader adoption of blockchain technology. This could enable blockchain-based systems to compete with traditional centralized systems in terms of transaction throughput and cost-effectiveness. The increased scalability and reduced fees offered by L2 and L3 solutions open up possibilities for new types of decentralized applications. Use cases that were previously impractical due to high costs or low throughput, such as micro-transactions or complex on-chain games, become feasible. The development of various L2 and L3 solutions creates a more diverse blockchain ecosystem. This diversity can foster innovation and provide users and developers with a range of options to suit their specific needs. Lower fees and faster transactions enabled by L2 and L3 solutions can significantly enhance the user experience of blockchain applications. This improvement is crucial for attracting mainstream users who may be deterred by the high costs and slow speeds of some base layer transactions. By processing more transactions off the main chain, L2 and L3 solutions can help reduce the overall energy consumption of blockchain networks, particularly those using Proof-of-Work consensus mechanisms. The layered approach allows for greater specialization at each level. This can lead to optimized performance for specific use cases and more efficient use of blockchain resources overall. And wait, there is more. The development of L2 and L3 solutions highlights the need for robust interoperability solutions. Addressing these challenges could lead to a more connected and fluid blockchain ecosystem. As the blockchain stack becomes more complex with additional layers, maintaining decentralization and security becomes both more challenging and more critical. This focus drives innovation in cryptographic techniques and consensus mechanisms. The Future Landscape: Integrating L2 and L3 Solutions As the blockchain industry continues to evolve, we can expect to see a more integrated approach to L2 and L3 solutions. That seems rather logical, ain’t it? Rather than viewing them as competing technologies, the future likely lies in leveraging the strengths of both to create more robust, scalable, and versatile blockchain ecosystems. One potential scenario is the emergence of "Layer 2.5" solutions that blur the line between L2 and L3, offering both general scalability improvements and specialized functionality. We may also see increased interoperability between different layers, allowing for seamless movement of assets and data across L1, L2, and L3 networks. Maybe these hypothetical L2.5 solutions will be the true future if the crypto, who knows. Why? Well, the development of these layered solutions will likely be accompanied by advancements in user interface design and developer tools. Moreover, as these technologies mature, we may see increased standardization and the emergence of best practices for implementing and integrating L2 and L3 solutions. This could lead to more cohesive blockchain ecosystems and facilitate easier adoption by enterprises and institutions. Conclusion It all seems rather complicated, yet this story has all the chances to come to the happy ending. The distinction between Layer 2 and Layer 3 solutions is not about competition or any kind of a technology war. It represents the ongoing evolution of blockchain technology as it strives to meet the demands of a growing and diverse user base. While L2 solutions focus on scaling the base layer and improving overall performance, L3 solutions aim to provide highly specialized environments for specific use cases. One day they may fuse into a whole other level of solutions that will change the development of blockchain networks forever.

Layer 2 projects are becoming a key focus in the blockchain world. In 2024, these projects are set to drive the next wave of innovation. It’s been a while since Bitcoin shed light on the vast possibilities of the crypto world. Enthusiast have tried hard to improve the first generation of blockchain products, which led to hundreds of immensely interesting projects, including NFTs, meme coins and many more. But Layer 2 projects seem to be the definitive force of the new age of crypto. Built on the shoulders of the giants, like Bitcoin and Ethereum, they are shedding light on what crypto may become in the near future. Here’s a brief description on what Layer 2 projects are and a look at the top five Layer 2 projects that are leading the charge. What is Layer 2? Strictly speaking, Layer 2 is a secondary framework or protocol built on top of an existing blockchain system. As of now, the main blockchain protocol is referred to as Layer 1 (L1), while Layer 2 (L2) is an overlaying network. At first these overlaying networks were aimed to solve the transaction speed and scaling difficulties faced by major cryptocurrency networks like Bitcoin and Ethereum. Then developers saw the unlimited abilities of L2 solutions. And the game went to a totally different level. Why is Layer 2 Important? Layer 2 solutions are crucial for several reasons. Scalability: As blockchain networks grow, they often face congestion issues. Layer 2 helps process transactions off the main chain, increasing the overall capacity of the network. Speed: By handling transactions off-chain, Layer 2 solutions can dramatically increase transaction speeds. Lower Costs: With reduced congestion on the main chain, transaction fees (gas fees in Ethereum's case) can be significantly lowered. Maintaining Decentralization: Layer 2 allows blockchains to scale without compromising on decentralization or security. Enabling New Use Cases: Faster and cheaper transactions open up new possibilities for blockchain applications, especially in areas like gaming and micro-transactions. How Layer 2 Works Layer 2 solutions typically work by taking transaction data off the main blockchain (off-chain) for processing, then returning it to the main chain for finalization. This process can be done in various ways, including: State Channels: Parties can conduct multiple transactions off-chain and only settle the final state on the main chain. Sidechains: Separate blockchains that run parallel to the main chain and periodically sync with it. Rollups: Bundle multiple off-chain transactions into a single on-chain transaction. Challenges and Future of Layer 2 While Layer 2 solutions offer significant benefits, they also face challenges: Complexity: Users and developers need to adapt to new systems and interfaces. Liquidity Fragmentation: Assets can be spread across different Layer 2 solutions. Interoperability: Ensuring smooth communication between different Layer 2 networks and the main chain. Despite these challenges, Layer 2 solutions are seen as critical for the future of blockchain technology. As they mature, we can expect to see: Increased adoption by major DeFi (Decentralized Finance) projects More user-friendly interfaces that hide the complexity of Layer 2 Improved interoperability between different Layer 2 solutions New innovative applications leveraging the speed and low cost of Layer 2. Top 5 Layer 2 Project in 2024 Now with all that said, let’s take a look at seven Layer 2 projects that may alter the near future of the crypto market. Arbitrum Arbitrum has gained significant traction. Known for its speed and lower fees, it’s designed to scale Ethereum. According to official info, Arbitrum can process transactions up to 10 times quicker than Ethereum’s mainnet. And thus it is able to save up to 95% on gas expenses. What’s even more impressive is its peak throughput - 4,000 TPS. Developers are flocking to it because it’s compatible with Ethereum's tooling. Steven Goldfeder, CEO of Offchain Labs, highlighted, “Our mission is to make Arbitrum the go-to Layer 2 solution for Ethereum scaling.” The platform continues to see rapid adoption, with over $2 billion in total value locked (TVL) in early 2024. At the moment, Arbitrum holds a more than 51% market share among Ethereum’s top Layer 2 crypto projects. Optimism Optimism has an optimistic name and quite a future as it may seem. This Layer 2 project is another key player. It focuses on scaling Ethereum while maintaining decentralization. How fast is Optimism? Oh it is fast. Optimism has a throughput of around 4,000 TPS. Just as fast as Arbitrum, as you can see. This means the Layer 2 platform can handle transactions up to 26x quicker than Ethereum’s mainnet. But there is more to it. In addition, Optimism also reduces gas fees by 90%. The force of nature himself, the one and only Vitalik Buterin has praised its innovative approach. “Optimism is critical to Ethereum’s future scalability,” Buterin stated. The platform’s TVL stands at approximately $1.5 billion, and its ecosystem is expanding fast. The community-driven governance model is also a major draw for developers and users alike. Polygon (Matic) Polygon remains a major force in the Layer 2 arena. It uses a smooth combination of Plasma Chains and Proof-of-Stake (PoS) sidechains. This unique combination helps Polygon significantly improve transaction speed and reduces costs. And security levels remain among the highest possible on the blockchain. Polygon has a phenomenal throughput of about 65,000 TPS.  Its multi-chain approach and unique interoperability has attracted a wide range of projects. Some people claim Polygon reflects the very soul of the DeFi space, easily supporting cross-chain transactions and interactions. Polygon hosts some of the top DeFi protocols like Aave, Sushiswap, and a couple of other top NFT platforms. Sandeep Nailwal, co-founder of Polygon, mentioned, “We are building the internet of blockchains.” Polygon’s TVL has exceeded $3 billion, making it one of the most widely adopted Layer 2 solutions. Lightning Network This one is a perfect choice for Bitcoin maximalists, like Michael Saylor or Jack Dorsey. Some people still believe that Bitcoin is the only ‚true crypo‘, whatever that means. But while Bitcoin is perfectly good for holding, sorry, HODLing, it is too slow for everyday usage. Some people are making enormous efforts to fix that. Lightning Network is basically a Bitcoin-focused layer2 platform with cheap transactions. With a throughput of up to 1 million TPS, the Lightning Network makes it easy for anyone to use Bitcoin and at a lower cost. That’s when the hope of paying with BTC for your morning coffee or carwash becomes plausible. The platform supports off-chain transactions using a network of bi-directional payment channels. Thus, users can perform several microtransactions instantly without congesting the Bitcoin network. By settling transactions off-chain, the Lightning Network makes Bitcoin scalable and easier to use. Wide adoption of the Lightning Network may change the crypto landscape significantly. Immutable X ImmutableX is a popular Ethereum Layer-2 blockchain for NFTs with high throughput and significant market share. It is built on Ethereum and focuses on NFTs and Web3 gaming experience, while offering zero gas fees for transactions. In fact, with minimal fees Immutable X allows for over 9,000 TPS, which makes it one of the fastest Layer 2 blockchain solutions. The network is powered by IMX tokens, used for staking, governance participation, and paying fees, whatever small they might be. On Immutable X, gamers benefit from quick transactions and miscellaneous games interoperability. Ownership of actual NFTs is also a great feature. Developers enjoy low costs, easy-to-use tools, and a supportive community. Here on Immutable X, one can find utterly easy ways to create NFT projects. Robbie Ferguson, co-founder of Immutable X, emphasized, “Our goal is to make NFTs accessible to everyone.” The platform has seen strong growth, with a TVL of over $700 million. Its partnership with major gaming companies highlights its potential.

Decentralised Exchanges (DEX) volume is on the rise, showing the increasing shift in crypto trading. Traders begin to depart from Centralised Exchanges (CEX) to on-chain trading. They choose self custody, enhanced security and lower fees. DEXs saw a 15.7% quarter-on-quarter increase in spot trading volume, while CEX experienced a 12.2% decline. The ratio of DEX to CEX trading is at an all time high, indicating changing users habits and preferences. Traders change their habits praising decentralised nature of the crypto in a way even Satoshi Nakamoto himself would definitely appreciate. Or maybe he does. While Binance and Coinbase - the well established CEXs - are still the names dominating in crypto space, there many new DEXs that are gaining momentum. Here is a list of top 10 of DEXs right now. Let’s see what are they and what’s so special about them, especially in terms of numbers. Decentralised Exchanges vs Centralised Exchanges - Key Differences Let’s start with a brief reminder for those who doesn’t have full clarity here. A Decentralized Exchange (DEX) is a type of cryptocurrency exchange that operates without a central authority. Instead of relying on a third party to hold funds, trades are conducted directly between users through an automated process, usually using smart contracts. This system enhances security and privacy since users maintain control over their assets throughout the transaction. DEXs typically support peer-to-peer trading and offer lower fees compared to centralized exchanges. However, they can also have lower liquidity and may be less user-friendly for beginners. DEXs differ from centralized exchanges (CEXs) in several key ways. CEXs are managed by a central organisation that controls the platform and holds users’ funds, often requiring users to trust the exchange with their assets. While CEXs typically offer higher liquidity, faster transactions, and a more user-friendly experience, DEXs provide greater autonomy and reduce the risk of hacks or misuse of funds by the exchange. Top 10 Best Decentralised Exchanges in 2024 Uniswap – Largest DEX in the World of DeFi Uniswap, created in 2018 by ex-Siemens engineer and built on Ethereum, remains a cornerstone of decentralized finance. It employs an Automated Market Maker (AMM) model, which replaces traditional order books with liquidity pools. This model ensures continuous liquidity for traders. Uniswap V3 introduced concentrated liquidity, enabling users to allocate funds more efficiently, optimizing capital usage. Another great feature here is cross-chain compatibility. Uniswap supports multiple blockchains, including Ethereum, Polygon, Optimism, Arbitrum, Celo, BNB Chain, and Avalanche. Accessibility and user options are almost limitless. You can easily use Uniswap with any of the most popular crypto wallets, like MetaMask or other Ethereum-compatible. With over $3 billion in daily trading volume and support for multiple chains, it’s a powerhouse for serious DeFi participants. dYdX – King of Derivatives dYdX specializes in derivatives trading, offering perpetual contracts with up to 20x leverage. It operates on Layer 2, reducing gas fees and improving transaction speeds. The platform has integrated zero-gas trading and advanced order types like limit, stop, and trailing stop orders, catering to sophisticated traders. And of course, it is impossible not to mention competitive fees, which is particularly advantageous for average traders. Users with monthly trading volumes below $100,000 incur no trading fees. dYdX supports a wide range of wallets, including some of the most popular options in the market. Let’s just name MetaMask, Coinbase Wallet, Ledger and Trezor. With over $1 billion in daily trading volume, dYdX stands out for its deep liquidity and institutional-grade trading experience. PancakeSwap – Largest DEX on Binance Smart Chain PancakeSwap operates on Binance Smart Chain (BSC), providing low transaction fees and high throughput. It offers a wide range of DeFi services, including yield farming, staking, and Initial Farm Offerings (IFOs). The platform uses an AMM model and supports BEP-20 tokens. And it offers truly decentralized trading - users can swap tokens directly from their wallets without creating an account or registering, and that is a really seamless trading experience for those who are concerned about privacy and anonymity. Funny thing about anonymity here, by the way. The team behind PancakeSwap (users almost officially call them “the Chefs”) remains anonymous. No one knows who started PancakeSwap, who is developing it now etc. That’s a true crypto way, Satoshi-style, to say the least. With over $12 billion in total value locked (TVL) and millions of active users, PancakeSwap is a dominant force in the BSC ecosystem, known for its high yields and community-driven approach. SundaeSwap – Best Choice for Cardano Fans SundaeSwap is the premier DEX on Cardano, leveraging the blockchain’s unique UTXO model to enhance security and scalability. It offers liquidity pools for ADA and other Cardano-native assets, using an AMM model. SundaeSwap’s launch in 2022 marked a significant milestone for the Cardano ecosystem, attracting a substantial user base. With its focus on decentralization and low transaction fees, SundaeSwap is crucial for traders within the Cardano network. You should have one of those lesser known wallets installed to be able to work with SundaeSwap - Nami Wallet, Flint Wallet, ccVault, Yoroi Wallet. SunSwap – A Place for TRON Nerds SunSwap operates within the TRON ecosystem, offering low fees and fast transaction times, thanks to TRON’s high-performance blockchain. It supports all TRC20 tokens and provides liquidity mining opportunities. SunSwap's integration with Sun.io adds governance and yield farming features, making it more versatile. With its deep liquidity and expanding user base, SunSwap is the go-to platform for TRON users looking to maximize their returns. Some of the popular crypto wallets like Bitget Wallet, Ledger, OKX are perfect to cooperate with SunSwap. Osmosis – If You want a DEX for Cosmos Osmosis is the leading DEX in the Cosmos ecosystem, facilitating cross-chain swaps through the Inter-Blockchain Communication (IBC) protocol. It supports over 50 blockchains, providing seamless asset transfers with low fees. Osmosis also offers customizable liquidity pools, allowing users to create pools with different ratios and fees. You can set own swap fees and reward incentives, providing greater flexibility and control. With a growing TVL and active community governance, Osmosis is pivotal for cross-chain DeFi activities. Curve Finance – A Stablecoins Haven Curve Finance is the leading DEX for stablecoin trading, designed to minimize slippage and impermanent loss. It employs a unique bonding curve to provide deep liquidity for stablecoins and other pegged assets. Curve’s integration with other DeFi platforms, like Yearn Finance, enhances its yield-generating capabilities. Curve Finance is known for its extremely low fees. User enjoy a flat trading fee of 0.04%. That is significantly lower than many other DEXs offer. The list of supported wallets includes well-known «usual suspects» like MetaMask, Trust Wallet, Coinbase Wallet, as well as Ledger and Trezor. With over $20 billion in TVL, Curve remains a key player in the stablecoin market, offering some of the lowest fees and most efficient trading routes. Balancer – Automated Crypto Pools Some people say Balancer is not a crypto exchange, but rather - a DeFi version of a traditional index fund. Well, have you seen a decentralised index fund? Being unique in this way, Balancer still has a number of other gimmicks. It allows users to create and manage automated liquidity pools with customizable weights. It supports multi-token pools, enabling users to create diversified portfolios within a single pool. Balancer’s Smart Order Routing (SOR) system optimizes trades across its pools for better pricing. With its flexibility and innovative approach, Balancer has secured a significant position in the DeFi space, particularly for those looking to manage complex, multi-asset strategies. Balancer supports MetaMask and Coinbase Wallet, as well as multiple wallets in WalletConnect. Raydium – Solana’s Largest DEX Raydium is a key DEX on Solana, known for its fast and low-cost transactions. It integrates with the Serum order book, providing access to liquidity across the Solana ecosystem. Raydium offers yield farming and staking options, making it a comprehensive DeFi platform. With Solana’s growing popularity, Raydium has become a central hub for traders and liquidity providers seeking to capitalize on Solana’s high-performance blockchain. But there is more. Raydium's secret sauce is the OpenBook. This clever bit of tech marries Raydium's automated market maker (AMM) with an old-school order book. It's not your garden-variety AMM, mind you. The real kicker is their Concentrated Liquidity Market Maker (CLMM). It's a mouthful, but here's the gist: liquidity providers can zero in on where the action is. They pick a sweet spot for trades in a pool. It's a far cry from Uniswap's approach. There, liquidity is spread thin across the board, from zero to infinity. Raydium's method? It's like putting your chips on red instead of covering the whole roulette table. Jupiter – Another Solana’s DEX Jewel Jupiter excels in price discovery on Solana, aggregating liquidity from multiple sources to ensure optimal trading rates. It is designed to provide users with the best rates for token swaps by aggregating liquidity from multiple DEXs protocols. A kind of a Swiss army knife. To achieve this Jupiter supports a wide range of tokens and integrates with various Solana-based DeFi protocols. Jupiter’s advanced routing algorithms help users achieve the best possible prices for their trades. There are some other clever features. Take the DCA (Dollar-Cost Averaging). This function allows users to buy a fixed amount of tokens within a set price range over a specified period, with flexible intervals (minutes, hours, days, weeks, or months). Jupiter itself does not charge transaction fees but has fees for specific features. For instance, there are Limit Order Fees: 0.2% on taker orders. And partners integrating Jupiter Limit Order receive 0.1% referral fees, while Jupiter collects the remaining 0.1% as platform fees. As for DCA, there is a small 0.1% fee upon order completion. The list of supported wallets is vast. It includes OKX Wallet, Trust Wallet, Phantom, Coinbase Wallet. As Solana continues to grow, Jupiter’s role in the ecosystem is set to expand, offering traders an indispensable tool for navigating Solana’s dynamic market.

Another thrilling week for meme coins. It's a rollercoaster that never ends. At least for the top 10 meme coins, showcasing the volatility and speculation that define this corner of the crypto market. Here's what went down with your favorite tokens. Dogecoin (DOGE) had its ups and downs, at one point going up so sharply, it gave hope for a real rebound, driven largely by renewed interest from retail investors and a flurry of trading activity. It seemed the iconic meme coin, which has seen its fair share of ups and downs, continues to benefit from the broader bullish sentiment in the crypto market. But the week ended with a rather sad decline (-6%). Dogecoin's developers have also been working on updates to improve the coin's functionality, including security enhancements and API improvements. Shiba Inu (SHIB) also had a strong showing at some point. And then dived (-7%). The token's price has been buoyed by its ongoing burn strategy, which has reduced its circulating supply significantly. The introduction of Shibarium, Shiba Inu’s Layer 2 solution, has sparked bullish sentiment among its community, helping the token to maintain its position as one of the top-performing meme coins on Ethereum. Will it last? We'll see. Pepe (PEPE) isn't doing even near as good as fans have hoped. It went down significantly (-13.9%). And yet, this frog-themed meme coin continues to capture the imagination of investors, with its market cap now exceeding $5 billion. Hopefully, the spike in PEPE's price will be attributed to substantial market inflows and the broader momentum in the meme coin sector. Dogwifhat (WIF) was miserable, to say the least. A jaw-dropping 23% decline is difficult to explain simply mentioning market volatility. The Solana-based token, inspired by a viral image of a Shiba Inu wearing a pink hat, has quickly become a favorite among traders. The hopes were so high. Its decentralized governance model and strong community engagement have only added to its appeal. But WIF has been performing poorly recently not living up to investors' expectations. Bonk (BONK), another Solana-based meme coin, also experienced steady decline (-13%). Bonk has a vast audience of crypto believers thanks to its unique positioning within the Solana ecosystem. The coin's trading volume surged in the past few weeks, reflecting increased investor interest. That might be a good sign. Floki (FLOKI) enjoyed a moderate decline (-13%) rise, driven by a combination of market optimism and key developments within its ecosystem. Floki's diverse range of features, including a play-to-earn game and staking options, has helped it gain traction among crypto enthusiasts. Its market cap now stands at over $1.8 billion, making it a serious contender in the meme coin space. Many experts say Floki has not yet shown its true ability to withstand market fluctuations. Brett (Based) and Book of Meme (BOME) have been relatively quiet compared to the troublesome performances of their counterparts. However, both coins have seen modest decline as they continue to build their respective communities and develop use cases within the crypto space. DeXe (DEXE), a governance token for decentralized finance (DeFi) applications, is a very unusual type of a meme coin (not everyone agrees with such a definition) but has nonetheless been caught up in the broader market's positive sentiment. The token has seen a steady increase in value lately as investors seek exposure to DeFi-related assets. Last weeks decline was almost negligible for DEXE (-6%). At least in comparison to some other coins in our list. Finally, Popcat (SOL), the Solana-based token inspired by the popular internet meme, has crashed painfully (-32%). While not as explosive as some of the other coins, Popcat has a loyal following and continues to be a popular choice for meme coin enthusiasts on the Solana network. Will this sharp decline influence this sentiments remains to be seen.

What is a Web3 wallet and how to one that fits your needs? Crypto users can’t live without wallets. Those are the essence of the crypto. Yet, there are different kinds of crypto wallets. And if you are still using good old crypto wallets for crypto tokens from «first» layer only (i.e. BTC, ETH) only you are missing so much. The Web3 era has come. And it is here to stay for a while. To make sure you don’t deprive yourself of the best gimmicks of the modern crypto world, you need a Web3 wallet right now. Which one to choose in 2024? What is a Web3 wallet? A Web3 wallet is a digital tool that allows users to securely manage and interact with cryptocurrencies, tokens, and decentralized applications (dApps) on the blockchain. Unlike traditional wallets, Web3 wallets are non-custodial, meaning users have full control over their private keys and, consequently, their assets. Of course, there are traditional non-custodial wallets for BTC and other tokens. Advanced users refer those, but myriads of users never bother to think of the nature of the wallets they are using. Web wallets are secure. But that’s not the only point. These wallets enable seamless access to the decentralized web, including activities like trading tokens, interacting with DeFi platforms, and purchasing NFTs. Web3 wallets also often include features such as dApp browsers and support for multiple blockchain networks, making them essential tools for navigating the evolving digital landscape. Let’s take a look at 10 best Web3 wallets for 2024. 1. MetaMask We will open with MetaMask, and that will probably hardly surprise you. Metamask is arguably the most popular Web3 wallet in the crypto space. Especially among Ethereum users. No wonder, because Ethereum is the blockchain that gave birth to Web3, though someone might disagree, of course. MetaMask is to Ethereum what peanut butter is to jelly - they just go together. After all, Ethereum is the blockchain that birthed Web3 (though some crypto purists might fight you on that one). What's the big deal, you ask? Well, imagine a wallet that plays nice with pretty much every decentralized app (dApp) out there. That's MetaMask for you. It's like the cool kid at school that everyone wants to hang out with. You can slap it on your browser as an extension or carry it in your pocket as a mobile app. Either way, it's your golden ticket to the Ethereum wonderland. Want to swap tokens? Done. Impulse-buy an NFT at 3 AM? Go for it. All without leaving the comfort of your MetaMask home. But wait, there's more! For you security nerds out there (and let's face it, in crypto, we all should be), MetaMask buddies up with hardware wallets like Ledger and Trezor. It's like having a bouncer for your digital assets. The best part? MetaMask somehow manages to be the Jack of all trades and master of... well, most of them. It's got enough bells and whistles to keep the crypto veterans happy, but it's also newbie-friendly enough that your grandma could probably figure it out (no offense, Gran). So, whether you're a Web3 wizard or just dipping your toes in the crypto waters, MetaMask might just be the wallet you've been looking for. It's like the Swiss Army knife of the crypto world - handy, versatile, and always ready for action. 2. Coinbase Wallet Ever felt like you're not really in control of your crypto? Well, Coinbase Wallet might just be your new best friend. Unlike its big brother, the main Coinbase app (which is basically a digital Fort Knox for your coins), this wallet puts you in the driver's seat. We're talking full control over your private keys and digital goodies. It's like having your own personal crypto vault, but without the hassle of digging a hole in your backyard. This wallet isn't picky either. It'll happily store your run-of-the-mill tokens, those funky NFTs you impulse-bought at 2 AM, and even some Layer 2 solutions like Polygon. And if you're already part of the Coinbase fam? Transferring your assets between the exchange and the wallet is smoother than a buttered-up penguin on an ice slide. But wait, there's more! Coinbase Wallet comes with its own Web3 browser. Think of it as your passport to the wild world of dApps, DeFi platforms, and NFT marketplaces. All without leaving the comfort of the app. And for the paranoid among us (let's face it, that's all of us in crypto), they've packed in some nifty security features. We're talking biometric authentication and cloud backups for your private keys. Because let's be honest, remembering where you stashed your seed phrase is so 2017. So, if you're looking for a wallet that gives you control, flexibility, and doesn't require a PhD in cryptography to use, Coinbase Wallet might just be worth a spin. 3. Trust Wallet Ever feel like juggling your crypto assets is like herding cats? Enter Trust Wallet, the do-it-all sidekick that Binance scooped up back in 2018. This isn't just another run-of-the-mill wallet - it's like the Mary Poppins bag of the crypto world, seemingly bottomless and full of surprises. Yes, again we are looking at something that can be easily compared to a swiss army knife. But for crypto. All kinds of crypto. Picture this: over a million different assets spread across a smorgasbord of blockchains. Ethereum? Check. Binance Smart Chain? You bet. But wait, there's more! Trust Wallet comes with its own built-in dApp browser. Think of it as your own personal crypto concierge. It gives you VIP access to DeFi platforms, NFT marketplaces, and other Web3 wonders. All without having to leave the app. It's like having a mall, a bank, and an art gallery all in your pocket. Now, for you tinfoil hat types (and let's face it, in crypto, a little paranoia is healthy), Trust Wallet is as transparent as a freshly Windexed window. It's open-source and gets more health check-ups than a hypochondriac, with regular code audits to keep everything ship-shape. But here's the kicker - Trust Wallet lets you stake your crypto too. That's right, you can make your digital money work for you, earning passive income while you sleep. It's like having a money tree, but instead of leaves, it grows more crypto. With its multi-chain support, user-friendly interface, and Binance's seal of approval, Trust Wallet is like the Swiss Army knife of the Web3 world. Whether you're a crypto newbie or a blockchain veteran, this wallet's got your back. So why juggle multiple wallets when you can trust just one? 4. Ledger Live Ever feel like your digital coins need their own Fort Knox? Say hello to Ledger Live, the tough-as-nails sidekick to Ledger's hardcore hardware wallets. We're talking about the Ledger Nano S and X - those little USB stick-looking things that are basically kryptonite to hackers. Here's the deal: Ledger Live is like a super-secure treehouse for your crypto. It keeps your private keys locked up tighter than your grandma's cookie jar, way offline where cyber baddies can't get their grubby mitts on them. But don't worry, it's not all "keep out" signs and barbed wire. This app is your friendly neighborhood bridge between your ultra-secure hardware fortress and the wild west of the blockchain. Want to check how your crypto babies are doing? Ledger Live's got your back with a slick portfolio view. Feeling like your coins should be working harder? Stake 'em right from the app and watch your wealth grow while you sleep. But wait, there's more! Ledger Live isn't picky about which crypto it hangs out with. Bitcoin? Ethereum? That obscure altcoin your cousin swears will be the next big thing? They're all welcome at this party. It's like having a universal remote for your entire crypto stash. And for you DeFi daredevils and NFT collectors out there, Ledger Live is dipping its toes into the dApp pool. Now you can play in the decentralized playground without leaving the safety of your Ledger fortress. It's like having your cake and eating it too, but the cake is made of unbreakable encryption. So, if you're the type who sleeps better knowing your digital fortune is locked up tighter than Area 51, Ledger Live might just be your new best friend. It's like having a personal bodyguard for your crypto - tough, reliable, but still knows how to have a good time. 5. Argent Argent, the Web3 wallet, is basically the James Bond of the Ethereum world - smooth, sophisticated, and packing some serious security heat. Picture this: a wallet that's so user-friendly, it feels like it should come with a hug. Argent's got your back whether you're into plain old ETH, those funky ERC-20 tokens, or if you're riding the NFT wave. It's like an all-you-can-eat buffet, but for Ethereum stuff. Now, here's where it gets really cool. Remember that time you forgot your password and had to do that whole "forgot password" dance? Argent says "Nah, we're too cool for that." Instead of making you memorize a seed phrase longer than your last Netflix binge, they've cooked up this nifty thing called social recovery. It's like having a crypto A-Team. You pick your "Guardians" - maybe your bestie, your tech-savvy cousin, and that guy from the office who never forgets a birthday. If you ever lose access, these folks can help you get back in. It's like having a spare key, but way cooler. But wait, there's more! Argent's got DeFi built right in. Want to make your crypto work harder than a caffeinated squirrel? Lend it out, borrow against it, or earn interest, all without leaving the cozy confines of your wallet. It's like having a mini financial empire in your pocket. And for all you paranoid androids out there (hey, in crypto, paranoia is just good sense), Argent's got more security features than a spy movie. Daily spending limits? Check. Two-factor authentication? You bet. It's like having a bouncer for your digital assets. So, if you're cruising the Ethereum highway and want a wallet that's secure enough to impress a hacker, yet simple enough that your grandma could use it (no offense, Gran), Argent might just be your new best friend. It's the wallet that makes you go, "Damn, why wasn't this a thing sooner?" 6. Rainbow Wallet Imagine if your boring old leather wallet suddenly burst into a Skittles commercial - that's Rainbow for you. It's like the cool art kid of the Ethereum block(chain), sporting more colors than a paint store explosion and more style than a Milan fashion week. But don't let its pretty face fool you - this wallet's got brains to match its beauty. It juggles your ETH, ERC-20 tokens, and those funky NFTs you impulse-bought at 3 AM like a pro circus performer. And the best part? It's so intuitive, even your technophobe uncle could probably figure it out (no offense, Uncle Bob). Now, hold onto your socks, 'cause I'm about to knock 'em off. Rainbow comes with its very own dApp browser. It's like having a VIP pass to the hottest Web3 clubs - DeFi platforms, NFT marketplaces, you name it. All accessible without ever leaving the app. It's like Ethereum Disney World, but the rides are yield farms and the mascots are animated NFTs. But wait, there's more! Rainbow's got live token pricing that'll make you feel like a Wall Street hotshot. Watch those numbers dance in real-time, and track your portfolio faster than you can say "to the moon!" It's like having a crystal ball, but for your crypto. And for all you desktop divas out there, Rainbow plays nice with WalletConnect. That means you can take your Web3 adventures to the big screen without breaking a sweat. It's like having a universal remote for the entire Ethereum ecosystem. So, if you're tired of wallets that look like they were designed by the same folks who made Windows 95, and you want something that's equal parts form and function, Rainbow Wallet might just be your pot of gold. It's the wallet that makes you go, "Damn, Ethereum, you clean up nice!" 7. Gnosis Safe This isn't your average Joe wallet, folks. Oh no, Gnosis Safe is like the Ocean's Eleven of the crypto world - it takes a team to crack this baby open. We're talking multi-signature security that would make even the most paranoid crypto-enthusiast sleep like a baby. Picture this: you're part of a DAO, or maybe you're running a business that's more crypto-savvy than a Silicon Valley startup. You need a wallet that's tighter than Fort Knox, but also plays well with others. Enter Gnosis Safe, stage left. This bad boy doesn't just hold your run-of-the-mill ETH. Nope, it's got room for all your Ethereum goodies - ERC-20 tokens, those NFTs you swear will be worth millions someday, you name it. It's like a digital treasure chest, but cooler. But wait, there's more! Gnosis Safe isn't just sitting pretty. It's got its fingers in all the DeFi pies. Want to do some yield farming? Go for it. Liquidity pooling? Be my guest. All with the iron-clad security of multiple signatures. It's like having a team of bodyguards for your crypto adventures. And for you control freaks out there (no judgment, we're all a little paranoid in crypto-land), Gnosis Safe comes with more bells and whistles than a one-man band. We're talking role-based access control that would make an HR manager weep with joy. And transaction scheduling? It's like having a time machine for your crypto moves. So, if you're part of a crypto crew that needs industrial-strength security with a side of flexibility, Gnosis Safe might just be your new best friend. It's the wallet that makes you feel like you're in a high-tech heist movie, but you're the good guys. Ocean's Eleven, eat your heart out! 8. Phantom Wallet Phantom Wallet is about to take you on a joyride through the Solana blockchain faster than you can say "low transaction fees." Think of Phantom as the sleek sports car of the crypto wallet world, but instead of burning rubber, it's burning through transactions at light speed. This isn't just any wallet - it's the cool kid on the Solana block, tailor-made for those who like their crypto fast and their fees lower than a limbo champion. But Phantom isn't just about speed - it's got more tricks up its sleeve than a magician at a blockchain convention. SPL tokens? Check. NFTs? You bet. Staking? It's got you covered faster than you can say "passive income." Now, let's talk dApps. Phantom is like having an all-access pass to Solana's coolest clubs. DeFi platforms, NFT marketplaces, Web3 wonderlands - you name it, Phantom's got your VIP entry sorted. It's like having a secret handshake with the entire Solana ecosystem. For all you security buffs out there (and let's face it, in crypto, we're all a bit paranoid), Phantom plays nice with hardware wallets too. It's like having a bouncer for your digital assets - big, tough, and not letting anyone mess with your crypto. But here's the real kicker - Phantom's got a built-in crystal ball. Okay, not really, but its automatic transaction simulation is pretty darn close. It's like having a personal fortune teller warning you before you make a costly mistake. "I foresee... a potential oopsie. Better double-check that transaction, chief!" So, if you're ready to dive into the Solana pool and want a wallet that's faster than Usain Bolt on rocket skates, Phantom's got you covered. It's not just a wallet - it's your backstage pass to the hottest blockchain party in town. Solana speed freaks, your chariot awaits! 9. Exodus Ever feel like you need a wallet with more pockets than a magician's coat? Say hello to Exodus, the wallet that's got more tricks up its sleeve than Houdini at a blockchain convention! Jokes aside, this is a wallet so versatile, it makes your smartphone look like a one-trick pony. Exodus struts its stuff on both your mobile and desktop, because why choose when you can have it all? It's like having a crypto command center wherever you go. But here's where it gets wild - Exodus doesn't just play nice with Bitcoin and Ethereum. Oh no, this bad boy's got room for over 100 cryptocurrencies. It's like Noah's Ark for your digital assets, two of every coin... and then some! Now, let's talk looks. Exodus is the supermodel of the wallet world - sleek, stylish, and turning heads faster than a Ferrari in a school zone. But don't let its pretty face fool you - this wallet's got brains to match its beauty. It's so user-friendly, your grandma could probably figure it out (no offense, Gran). But wait, there's more! Exodus comes with its own built-in exchange. That's right, you can swap your coins faster than a chameleon changes colors, all without leaving the cozy confines of your wallet. It's like having a crypto stock exchange in your pocket. For all you paranoid androids out there (and let's face it, in crypto, a little paranoia is healthy), Exodus plays nice with Trezor hardware wallets too. It's like having a bodyguard for your digital bling. And if you're the type who likes to keep score, Exodus has got you covered with portfolio tracking that would make a Wall Street analyst weep with joy. Watch those numbers dance in real-time, and feel like a crypto Wolf of Wall Street. So, if you're looking for a wallet that's more versatile than a Swiss Army knife, more stylish than a Milan runway, and more user-friendly than your favorite barista, Exodus might just be your new best friend. It's not just a wallet - it's your backstage pass to the wild world of Web3! 10. MyEtherWallet (MEW) Let's talk about MyEtherWallet, or MEW as the cool guys call it. This isn't just any wallet - it's like the wise old sage of the Ethereum world. But with a fresh new haircut and some sick dance moves. Very rarely you can see such an old tech being constantly upgraded to stay relevant to the crazy ever changing world of crypto. This was a top notch app five years ago. And it stays above the waterline now. MEW's been around since Ethereum was just a twinkle in Vitalik's eye. It's like that friend who was into crypto before it was cool, but isn't all hipster about it. And guess what? It's still cooler than a polar bear's toenails. Now, let's get one thing straight - MEW is all about that "not your keys, not your coins" life. It's non-custodial, which is a fancy way of saying you're the boss, applesauce. Your keys, your crypto, your rules. It's like having a digital Fort Knox, but you're the only one who knows the secret handshake. MEW doesn't discriminate - it loves all your Ethereum babies equally. ERC-20 tokens? Bring 'em on! It's like Noah's Ark for your Ethereum assets, two of every token... or 200, we don't judge. But here's where it gets real fancy - MEW's got more connections than a socialite at a blockchain conference. It plays nice with hardware wallets like Ledger and Trezor. It's like having a bouncer for your digital disco, keeping all the bad guys out while you party with your crypto. And for all you web surfers and mobile mavens out there, MEW's got you covered. Whether you're on your laptop sipping a latte or on your phone pretending to work, your Ethereum is always just a click away. Oh, and let's not forget about ENS - Ethereum Name Service. MEW supports it like a good sports bra. No more copying and pasting addresses longer than your last relationship. Just use a simple name, and you're good to go. It's like having a vanity plate for your crypto car. So, if you're looking for an Ethereum wallet that's been around the block a few times but still knows how to party, MEW might just be your jam. It's not just a wallet - it's a piece of Ethereum history that's still writing the future. Now that's what I call staying power!

MetaMask, Mastercard, and Baanx have joined forces to launch a pilot program for the MetaMask Card. This debit card allows users to spend cryptocurrency directly from their self-custodial wallets for everyday purchases. Basically, it's what many common users were utterly expecting - an easy way to directly spend crypto in everyday life. The card, which works anywhere Mastercard is accepted, converts crypto to fiat currency on the spot. It's currently available to a select group of users in the EU and UK. Others will have to wait, sadly, but this is how FinTech usually works. The pilot involves a few thousand digital-only cards, with plans for broader rollout later this year. We will have to wait and see what the lucky pioneers have to tell us. But until then let's dissect everything we know about the stunning project yet. A New Era of Crypto Spending The MetaMask Card is shaking things up in the crypto space. Here's the lowdown: It's a Mastercard debit card linked directly to your MetaMask wallet. You can use it to spend USDC, USDT, and WETH from the Linea network. The card converts crypto to fiat instantly at the point of sale. It's currently available in digital form only. The pilot is limited to EU countries and the UK. Lorenzo Santos, senior product manager at Consensys, the company behind MetaMask, is pretty stoked about the launch. "This gives people more freedom to spend their assets; in this case, crypto," he says. "MetaMask Card represents a major step to removing the friction that has existed between the blockchain and traditional payments. This is a paradigm shift that offers the best of both worlds." 10 Things You Need to Know About the MetaMask Card Self-Custody: Users retain control of their funds until the moment of transaction. No need to transfer to an exchange first. Instant Conversion: Crypto is converted to fiat on the spot when you make a purchase. Wide Acceptance: The card works anywhere Mastercard is accepted, both online and in-store. Supported Cryptocurrencies: Initially, it supports USDC, USDT, and WETH on the Linea network. Spending Caps: Users can set spending limits directly through their MetaMask wallet. Key Storage: Users have the freedom to store their keys wherever they choose. Network: The card operates on the Linea network, which runs on top of Ethereum. Eligibility Check: MetaMask users can check if they're eligible by visiting MetaMask Portfolio in a web browser and looking for a "Card" tab. Digital-Only: The initial launch is for digital cards only, which can be added to mobile devices for payments. Future Expansion: More features and functionality are planned, with a broader rollout expected later this year. The Companies Behind the Innovation Let's take a look at who is doing all this blockchain miracles. MetaMask: Developed by Consensys, MetaMask is a leading self-custodial crypto wallet. It's been a game-changer in making blockchain interactions more accessible to the average user. Mastercard: A global payments technology company, Mastercard is leveraging its vast network to bridge the gap between traditional finance and crypto. Baanx: This crypto payments company is providing the technological backbone for the Web3 card initiative. Linea: An Ethereum Layer 2 scaling solution that provides the speed and cost-efficiency needed for the card transactions. Breaking Down Barriers The MetaMask Card is tackling a major pain point in the crypto world. Up until now, spending crypto in the real world has been a bit of a hassle. You'd have to transfer your crypto to an exchange, convert it to fiat, then move those funds to a regular bank account before you could spend it. Slow and extensive, this is how this process can be described in simple terms. But what if you could spend crypto for fiat purchases just as easily as when you pay in Europe with your Dollar card? Raj Dhamodharan, executive vice president of Blockchain & Digital Assets at Mastercard, puts it this way: "We saw a significant opportunity to make purchases for self-custody wallet users easier, more secure, and interoperable. Collaboration is the cornerstone of innovation, and we're thrilled to collaborate with MetaMask and Baanx to transform the self-custody wallet experience, bridging the gap between web2 and web3 domains more seamlessly." The Bigger Picture Here is the thing. This card isn't just about making life easier for crypto enthusiasts. A much more global problem can be solved. Simon Jones, chief commercial officer at Baanx, gives us a glimpse of this vision: "We're building toward this vision of enabling non-custodial neobanking. Anybody who has access to a mobile phone should be able to get access to a basic range of financial services by default. This would have huge implications in countries with large numbers of unbanked or underbanked individuals." What's Next? The initial pilot with those lucky few thousands users is just the beginning. The companies behind the MetaMask Card have big plans for the future: More features and functionality will be added to the card in the coming months. A full rollout in the EU and UK is expected later this year. Pilot launches in additional regions are planned over the coming quarters. While the initial launch supports USDC, USDT, and WETH, there's potential for adding support for more cryptocurrencies in the future. The Road Ahead Millions of crypto users still think of crypto as of some kind of a digital gold. With no real opportunity to spend these funds, say, to buy a cup of coffee or a new smartphone. The necessity to convert crypto into fiat money kind of neglects the whole idea, right? This is what MetaMask Card is supposed to change. At least, in theory. And because this is a pilot program, no one promises an easy ride. Caveats are expected. Regulatory hurdles, user adoption, all kinds of bugs and glitches can become potential roadblocks that can slow the development of the project. For now, crypto enthusiasts in the EU and UK can look forward to testing out this new technology. As for the rest of the world, well, we'll just have to wait and see. It doesn't look like one of those crypto products you always hear about but never get a chance to use. No, really. It's a glimpse into what the future of money might look like.

The concept of "Hodling" — holding onto Bitcoin for extended periods regardless of market volatility — has resurfaced with vigor in the 2024 crypto landscape. It's not only about Michael Saylor and MicroStrategy, and their copycats, of course. It's also about holding Bitcoin and not selling it every time the market is shaking. It's about the power of believing that Bitcoin is there to stay. It seems as, though this bull run is significantly different from previous one, HODLers are still the indicator of what we are expecting from Bitcoin. Why? Well, because HODLers are those guys, whose faith is the cornerstone of the market. They point to a bullish rise. Here are the top five reasons behind the resurgence of hodling. Institutional Confidence and Long-Term Investments Institutional investment in Bitcoin has hit unprecedented levels in 2024. Major financial institutions like Goldman Sachs have disclosed significant holdings in Bitcoin ETFs. Well, real Bitcoin fans probably don't care that much for financial sharks from Wall Street. But there is more to it. The sharks show confidence in Bitcoin’s long-term value. The put big buck in it. And that's a good sign. With over $418 million in Bitcoin ETFs, these institutions are not just participating in the market; they are setting a foundation for sustained value growth. The scale and duration of these investments demonstrate a shift from speculative trading to strategic accumulation. That's the HODLing as it is. No matter, how sharks call it. That's truly interesting. Institutional investors, by their nature, have a longer investment horizon and are less likely to engage in the rapid buying and selling that characterizes retail trading. This aligns perfectly with the hodling philosophy. So ETF buyers are the perfect HODLers. As institutions continue to pour capital into Bitcoin, their commitment to holding these positions for the long term helps stabilize the market, encouraging more investors to adopt a hodling strategy as a reliable path to wealth accumulation. The Halving Effect and Supply Constraints Satoshi was a genoius. Scarcity is the answer. The more people are eager for Bitcoin, the less Bitcoin is there on the market. Thus, Bitcoin’s unique economic model, particularly its halving events, plays a critical role in influencing market behavior. Just look at the most recent halving in 2024. It has further tightened Bitcoin’s supply, making each new coin more valuable. Historically, post-halving periods have been followed by substantial price increases, driven by the reduced rate of new Bitcoin entering the market. This supply constraint naturally encourages hodling. As the available supply decreases, the scarcity of Bitcoin increases, which in turn pushes up its value. Investors who understand this dynamic are more inclined to hold onto their Bitcoin, expecting higher returns as demand outstrips supply. The halving event is not just a technical milestone; it’s a psychological one that reinforces the hodling mentality across the market. Bullish Market Sentiment The resurgence of hodling is also a clear indicator of bullish sentiment in the market. HODLers are the fieriest bulls, there are no two ways about that. When investors collectively choose to hold rather than sell, Bitcoin rises imminently. This optimism is often self-reinforcing. And this is truly amazing. What happens when the reduced selling pressure surfaces? Well, it leads to higher prices. And as prices rise, more people decide to HODL. In 2024, Bitcoin’s price trajectory has been overwhelmingly positive, with the cryptocurrency recovering from past downturns and setting new highs. This upward momentum has emboldened hodlers. Many people start to see hodling as a strategy not just for weathering volatility but for maximizing returns in a bull market. Don't sell. It's just as see as it seems. The psychology of hodling is deeply intertwined with market sentiment. The more investors adopt this approach, the more they are able to amplify the bullish outlook. Security and Decentralization Concerns As the cryptocurrency market matures, so do concerns about security and centralization. High-profile hacks, regulatory crackdowns, and the centralization of exchanges have led many investors to reconsider where they store their wealth. Hodling, particularly in self-custody wallets, offers a way to maintain control over one’s assets, free from the risks associated with centralized platforms. In an environment where trust in third-party services is eroding, the appeal of hodling becomes even stronger. By holding Bitcoin in a secure, private wallet, investors can avoid the pitfalls of exchange hacks or sudden regulatory actions that might freeze assets. This control over one’s own financial destiny is a powerful motivator for hodling, especially among those who prioritize the core tenets of decentralization that Bitcoin was founded on. The Rise of Bitcoin as Digital Gold The narrative of Bitcoin as "digital gold" has gained substantial traction in 2024. More than ever, investors look at Bitcoin as a hedge against inflation and economic uncertainty. Unlike fiat currencies, which can be printed at will, Bitcoin’s supply is capped at 21 million coins, making it an attractive store of value in times of monetary expansion and economic instability. Scarcity is the key, remember? This perception of Bitcoin as a safe haven asset aligns perfectly with the hodling strategy. Just as gold investors typically hold their assets for long periods, often spanning decades, Bitcoin investors are increasingly adopting a similar approach. People tend to believe that Bitcoin will retain or increase its value over time. They see Bitcoin as a tool to resist the inflation. There is a rule of thumb - the less people believe in fiat currencies, the more they trust in Gold. And in Bitcoin, as of now. The digital gold narrative strengthens the case for hodling, as it frames Bitcoin not just as a speculative asset but as a cornerstone of long-term financial security. Conclusion Hodling is so much more than just a passive investment strategy. It’s a statement of belief in Bitcoin’s enduring value. As bold as it sounds, that statement it now as true as you can imagine. The factors driving its resurgence in 2024 — institutional confidence, the halving effect, bullish market sentiment, security concerns, and the rise of Bitcoin as digital gold — all point to a market that is maturing and stabilizing. While some people think Bitcoin should become an everyday payment tool, and are desperately looking for the means to make it real, the truth is so much simpler. As more investors embrace hodling, it reinforces the idea that Bitcoin is here to stay. it is not just as a speculative asset but as a foundational element of the global financial system. Key Takeaways: Institutional investments in Bitcoin are driving long-term holding strategies. The 2024 halving event has intensified supply constraints, encouraging hodling. Bullish market sentiment is reinforcing the hodling mentality. Security concerns are leading investors to prefer self-custody and long-term holding. The perception of Bitcoin as digital gold solidifies its role as a long-term store of value. The importance of HODLing can't be overstated. It's return to the forefront of the Bitcoin market is significant. It reflects a maturing market where long-term value takes precedence over short-term gains. Maybe that is the sign that Bitcoin’s evolution as a global financial asset is in fact continuing.

This past week has been a rollercoaster for the top 10 meme coins, with market volatility driving both significant gains and sharp declines. As the market reacted to broader crypto trends, these community-driven tokens showed their resilience—or lack thereof. Here’s a breakdown of how each of the top meme coins fared this week. Dogecoin (DOGE) led the meme coin pack this week, experiencing a 16% surge early on, fueled by renewed interest and strong community support. However, the coin faced resistance later in the week, testing its ability to sustain these gains. The overall growth for the week was levelled out, as a result we can record a symbolic rise of 0.86%. Shiba Inu (SHIB) followed in Dogecoin’s footsteps but struggled to maintain momentum. Despite an initial boost, SHIB ended the week with modest gain (1.8%), reflecting the challenges of staying competitive in a crowded market. Pepe (PEPE) had a volatile week, starting with a 22% price surge thanks to its integration into NFT projects. However, this was followed by a sharp downturn, with the coin losing 1% by the end of the week. Dogwifhat (WIF), though gaining initial traction, saw one of the steepest declines among meme coins, with a 24.5% drop. Despite a strong community and marketing efforts, it couldn’t escape the market-wide sell-off. But when is was over, WIF started to recover. The end of the week was pretty joyful as WIF gained solid 16%. Bonk (BONK), known for its decentralized and community-driven nature, also faced challenges, ending the week with a 3% loss. Its unique narrative and grassroots initiatives were not enough to counteract broader market pressures. Floki (FLOKI) is not doing good either. Named after Elon Musk’s dog, Floki experienced a mixed week. The coin dropped by 2.9% despite the launch of a new roadmap aimed at expanding its ecosystem with a gaming metaverse and NFT marketplace. Brett (BRETT) was a standout this week, soaring by 8.2%. This surge was driven by aggressive promotional efforts and a strong community, positioning Brett as a potential rising star among meme coins. Interestingly, Brett isn't widely discussed on multiple forums or in social networks, there is no substantial buzz around it, yet the coin is gaining solid respect on the market. Mog Coin (MOG) also had a strong week, with a 11.9% increase in value. Its growth was fueled by speculative trading and community-driven events, highlighting the coin’s appeal to investors looking for high-risk, high-reward opportunities. That's why we love meme coins, and that is exactly why we hate them, right? Book of Meme (BOME) had a relatively stable week, with a 16.8% decline in value and then a rather solid gain. The overall result is hardly satisfying (-2%). But that's not lethal, and the fans are eagerly waiting for what is about to come next week. Focused on storytelling and content creation, BOME continues to attract a niche audience within the meme coin community. Popcat (POP), a Solana-based meme coin, had a pleasant week compared to its peers, gaining a solid 25% in value. POP continues to maintain a solid community base, appealing to those who value steady, long-term growth.

The meme coin market has been quite a show this week, with several top tokens experiencing significant price movements and shifts in market dynamics. It is definitely too early to claim meme coins are loosing steam. Let's take a look at how the top ten meme coins behaved. Dogecoin experienced a turbulent week, marked by a notable 18% drop, driven by broader market conditions and profit-taking among mid-level holders. Despite the bearish trend, whale accumulation continued, indicating long-term confidence. Technical analysis suggests DOGE might be poised for a bullish reversal. Nobody can be sure, of course, besides Elon Musk whose tweet can help DOGE skyrocket at any given moment of time. Shiba Inu followed a similar downtrend (-17%), exacerbated by profit-taking and market corrections. Despite the dip, SHIB's community remains active, with developments in its ecosystem, such as the Shibarium layer-2 solution, expected to bolster its long-term prospects. However, short-term volatility is likely as investors navigate the current market landscape. Nothing points to a separate path for SHIB. Pepe saw significant volatility (-28%), with prices dipping amid general market weakness. Despite this, there is optimism within the community, driven by speculative trading and upcoming announcements related to project developments. The token's meme appeal continues to attract attention, though its price movements remain unpredictable. If meme coin market survives, PEPE survives too. This lesser-known meme coin dogwifhat has seen increased attention due to community-driven marketing campaigns. Its market cap remains small compared to heavyweights like DOGE and SHIB, and it has shown very negative results (-36%). Bonk, the Solana-based meme coin, experienced a relatively stable week with modest price fluctuations. And then it wend down as Titanic along with other meme coin leaders (-25%). Its integration within the Solana ecosystem theoretically provides a unique advantage, fostering utility beyond mere speculation. But we have yet to see the outcome of this. Floki saw a decline this week (-25%), mirroring broader market trends. However, the coin's developers announced new partnerships and upcoming NFT projects aimed at reviving interest. The community remains bullish, hoping these initiatives will drive adoption and price recovery in the coming weeks. At least, life is not boring on Floki planet. Brett, known for its vibrant community, experienced a price drop (-31%) amid the market's bearish sentiment. However, its strong online presence and community engagement efforts continue to sustain interest. Analysts suggest that any positive news could trigger a sharp rebound, given its volatile nature. Of course, we have yet to check if Brett is capable of going against the stream in a wild ocean of unpredictable and fickle meme coins. Book of Meme faced significant volatility, with prices dropping due to market corrections. Nonetheless, its unique narrative and gamified elements keep the community engaged and help prices from falling too sharp (-14%). If this token keeps the unique ability to ignore the meme coin flock, we might see a pretty interesting new pretender. Mog Coin saw a steady decline (-20%), reflecting the broader meme coin market trends. Despite this, its developers are working on enhancing the coin's utility through DeFi integrations and cross-chain compatibility. Some might say this could potentially stabilize prices and attract new investors. But let's get real here, hopefully MOG keeps its head above water while many other tokens plummet. That's not a bad outcome after all. Popcat, another Solana-based token, experienced a mixed week with both highs and lows. And the latter were painful. Popcat plummeted by 42%. The community remains mostly optimistic, though. The token's performance is closely tied to broader Solana ecosystem developments, and any positive news could spur a price rally.

The meme coin market has seen a flurry of activity this week, with several top tokens experiencing significant price movements and shifts in market dynamics. Let's take a look at how the top ten meme coins behaved. Dogecoin (DOGE): The original meme coin, Dogecoin, which some people call 'a Bitcoin of meme coins', witnessed a price increase of about 4.93% this week. This resurgence can be attributed to broader market optimism and renewed interest in the crypto sector. But at the end of the week, the luck turned away and the overall result for the week is a slight downturn (-1%). Shiba Inu (SHIB): Often seen as Dogecoin’s main competitor, Shiba Inu also enjoyed a positive week, with its price rising in tandem with DOGE. The token’s community continues to push for broader adoption and new use cases, keeping it in the spotlight. But the decline here was a bit more significant (-5%). Pepe (PEPE): Known for its distinctive frog meme, Pepe coin saw a notable price jump of 8.45%. The coin’s recent rally highlights its appeal among meme coin enthusiasts looking for the next big gain. The week ended with going downhill, though (-2,66%). But it is definitely not over for Pepe. Some say this meme coin still has potential to compete with the meme coin leaders. Dogwifhat (WIF): A standout performer this week, Dogwifhat surged by 20%, overtaking other meme coins like Bonk in market capitalization. This leap is part of a broader trend of meme coins based on the Solana network gaining traction. But the victory hasn't lasted long. The dog meme coin went down for a noticeable 4,3%. Bonk (BONK): Despite being overtaken by Dogwifhat in previous weeks, Bonk managed to recover some ground, highlighting the competitive and volatile nature of the meme coin market. The week ended with a significant decline (-7,6%). The token’s community remains active, with ongoing discussions about future developments. Floki (FLOKI): Inspired by Elon Musk’s pet, Floki saw a modest price increase. The token continues to capitalize on its community’s enthusiasm and ongoing marketing efforts, positioning itself as a mainstay in the meme coin world. But the overall decline (-11%) is among the biggest in the top 10 this week. Brett (BRETT): Brett has been relatively stable this week, with minor fluctuations, up until the weekend when things went south (-15%). The token’s performance indicates a period of consolidation, with investors waiting for the next catalyst to drive prices higher. Popcat (POPCAT): A cat-themed meme coin, Popcat, saw an 8% rise in the beginning of this week. This growth underscored the ongoing rivalry between dog and cat meme coins, each vying for dominance in a crowded market. But they all went down simultaneously closer to the weekend, with POPCAT seeing sharp decline (-10%). Mog Coin (MOG): Mog Coin has been on an upward trajectory, gaining 63% in the past month. The token’s rise reflected growing investor interest in meme coins with strong community backing. But things started to get weird this week as MOG suddenly appeared among the leaders in terms of decline (-20%). Cat in a Dogs World (MEW): This meme coin made headlines with an impressive 86% gain, highlighting the growing popularity of cat-themed tokens. The surge in MEW’s price has sparked discussions about whether we might be entering a new ‘season of the cat’ in the meme coin market. Anyways, MEW not only gained a place in top 10 meme coins by market cap, but it has also become the only one with positive results. MEW gained impressive 24% by Sunday.