# Expanding ecosystem and .86B futures open interest back Solana’s 0 target

# Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target

“# Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target ” Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source:…

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# KYVE raise .8M to advance Web 3.0 data storage

# KYVE raise $2.8M to advance Web 3.0 data storage

“# KYVE raise $2.8M to advance Web 3.0 data storage ” Data archiving protocol, KYVE, has announced a Series B funding raise of $2.875M instigated by institutional capital firms Permanent Ventures and Hypersphere Ventures, and participated by a vast collection of crypto projects and individual angel investors including, but not limited to, Coinbase Ventures, Volt…

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# Ampleforth integrates with Avalanche to introduce stablecoin alternative

# Ampleforth integrates with Avalanche to introduce stablecoin alternative

“# Ampleforth integrates with Avalanche to introduce stablecoin alternative ” Fragments Inc, the team responsible for the development of the Ampleforth Protocol, has announced that the protocol will be integrated into popular blockchain Avalanche to facilitate the introduction of unit-of-account denomination model AMPL. AMPL is an algorithmic computer programming language that holds promise as a…

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# Immunefi to bolster DeFi security service with new funds

# Immunefi to bolster DeFi security service with new funds

“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals.  Immunefi will utilize the funds to advance its services…

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# Valour Uniswap exchange-traded product to increase UNI exposure

# Valour Uniswap exchange-traded product to increase UNI exposure

“# Valour Uniswap exchange-traded product to increase UNI exposure ” Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment…

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# OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps

# OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps

“# OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps ” A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves. On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental project dubbed Range comprising decentralized stablecoin pools that do not use a…

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