Ethereum’s era of crypto dominance is over — LONGITUDE panel

Ethereum’s era of crypto dominance is over — LONGITUDE panel

Its now an “open race” for leadership among layer-1 blockchain networks, Nansen’s CEO said. Ethereum’s relative dominance among layer-1 (L1) blockchain networks has declined, resulting in an “open race” to become the leading Web3 platform, according to Alex Svanevik, CEO of data service Nansen. “If you’d asked me 3–4 years ago whether Ethereum would dominate…

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Ethereum bulls show interest as traders’ confidence in ETH’s .8K level improves

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

After a rough couple of months, data suggests that traders are finally becoming comfortable with ETH’s current valuation. Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open…

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DeFi Development seeks B to boost Solana investments, expand treasury

DeFi Development seeks $1B to boost Solana investments, expand treasury

DeFi Development Corp is seeking to raise more capital for its Solana treasury and operational expenses. DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and…

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