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3 Reasons to Buy Solana Instead of Ethereum and 1 Reason Not To
The Motley Fool· 2025-06-29 09:38
Core Insights - Solana is perceived as a faster and cheaper alternative to Ethereum for smart contract blockchains, prompting investors to consider swapping Ether for Solana [1] Group 1: Solana's Advantages - Solana's speed allows it to handle over 1,000 transactions per second (TPS) with transaction times around 0.4 seconds, significantly outperforming Ethereum's 15 to 30 TPS [3][4] - Solana's ability to manage high traffic is exemplified by the Roam project, which reached 2.5 million registered users, a level that would overwhelm Ethereum's infrastructure [6][7] - The rapid transaction confirmations on Solana simplify the development of applications, making it easier to create real-time AI data marketplaces and global mapping protocols [7] Group 2: Cost Efficiency - Transaction costs on Solana range from $0.0001 to $0.0025, while Ethereum's average gas fee for a token swap was approximately $5.55, often exceeding $15 during peak times [9][10] - The lower fees on Solana facilitate automated trading and DeFi strategies that may not be viable on Ethereum due to higher costs [10] Group 3: Reputation and Ecosystem - Solana has gained significant attention in 2024 and early 2025, while Ethereum's ecosystem has lagged, partly due to technical complexities and liquidity silos created by its numerous alternative layers [11][12] - Solana's monolithic design and clear development roadmap enhance its reputation, making it more intuitive for users and developers, which accelerates growth [12] Group 4: Market Position - Solana's market cap is approximately $77.5 billion compared to Ethereum's $290.4 billion, indicating that Solana is no longer a speculative investment but rather a blue-chip asset [13] - While Solana may have potential for growth, it is viewed as a calculated investment based on speed and cost efficiency rather than a path to extraordinary returns [14]
Digital Asset Technologies Appoints Marcus Ingram as Chief Executive Officer and Director
Globenewswire· 2025-06-27 11:30
Group 1 - Digital Asset Technologies Inc. has appointed Marcus Ingram as the new CEO and Director, who will also continue as CEO of its portfolio company LiquidLink [1][2] - The appointment follows the resignation of Young Bann, who will remain as an Advisor to ensure a smooth transition [2] - Ingram aims to leverage blockchain technology to enhance payment systems and explore opportunities in Web3, DeFi, and decentralized infrastructure [3][4][5] Group 2 - Ingram believes LiquidLink has the potential to become a unicorn in a significant market and is committed to strategic investments in emerging digital economies [6] - Digital Asset Technologies focuses on equity investments in companies developing technology, particularly in blockchain and real-world asset tokenization [7] - LiquidLink is dedicated to building secure infrastructure for the tokenized economy, with its flagship product Xrpfy supporting multiple blockchains [8]
X @Ansem 🧸💸
Ansem 🧸💸· 2025-06-27 03:09
RT davo | drift (@davijlu)Drift's immediate plan is to be the best decentralised derivatives platform. Built on @solana at the L1 level to harness the global atomic state machine. No rollups or isolated environments.The benefit is asset availability. Drift is the only cross-margin perps DEX and this is only possible because of the L1. Products built on the L1 are directly downstream of asset issuance. You can expect an L1 like Solana to dominate in this area in the coming years.To date, Drift has $1 billion ...
Earlyworks Co., Ltd. Granted Extension by Nasdaq Hearings Panel to Regain Compliance with Continued Listing Requirements
Globenewswire· 2025-06-26 20:10
Core Points - Earlyworks Co., Ltd. has received an exception from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market [1] - The company failed to meet the minimum market value requirement of $35 million for 30 consecutive trading days and did not regain compliance during the 180-day grace period [2] - Earlyworks is pursuing compliance through an alternative standard that requires a minimum stockholders' equity of $2.5 million [3] Compliance Extension - The Nasdaq Hearings Panel has granted Earlyworks an extension until September 19, 2025, to regain compliance with listing standards [4] - During this extension, the company's American Depositary Shares (ADSs) will remain listed and eligible for trading [4] Compliance Requirements - By September 19, 2025, the company must file a public disclosure detailing transactions undertaken to achieve compliance with the Equity Rule, including a balance sheet and an affirmative statement of compliance [7] - The company is also required to provide income projections for the next 12 months and evidence of compliance with all applicable criteria for continued listing [7] Company Overview - Earlyworks operates proprietary private blockchain technology known as the Grid Ledger System (GLS), which features high-speed processing, tamper-resistance, and versatile applications across various industries [5] - The company's mission is to enhance GLS and establish it as an infrastructure for the emerging Web3/metaverse data society [5]
Spirit Blockchain Completes Development of SpiritLinQ to Meet Growing Institutional Demand for Tokenized Assets
Globenewswire· 2025-06-26 12:00
Core Insights - Spirit Blockchain Capital Inc. has completed the programming and development phase of its digital wealth management platform, SpiritLinQ, which is set for pilot onboarding in Q3 and full commercial release in Q4 2025 [1][3] - SpiritLinQ aims to provide a secure and compliant gateway for institutional and accredited investors to access the growing digital asset and tokenization economy [2][4] Market Timing and Strategic Rationale - The completion of SpiritLinQ aligns with the global adoption of tokenized financial infrastructure, positioning the company to benefit from regulatory support and institutional demand [3] - The CEO of Spirit Blockchain Capital Inc. emphasized that the convergence of technology, regulation, and institutional interest presents a significant opportunity in tokenized finance, with Spirit being one of the few publicly traded platforms ready to scale [3] - The company is committed to being the preferred platform for asset managers and institutions seeking reliable infrastructure with public market governance [3] Industry Overview - The global tokenization market is projected to grow from approximately USD 3.4 billion in 2024 to over USD 4.1 billion in 2025, reflecting an estimated CAGR of over 22% [5] - The total value of tokenized real-world assets on-chain surpassed USD 24 billion as of Q2 2025, with projections indicating the broader tokenized asset market could exceed USD 10 trillion by 2030 [5] - Major financial institutions, including BlackRock and JPMorgan, have made strategic investments in tokenized asset markets, indicating strong institutional interest [5] Platform Features - SpiritLinQ enables the issuance and management of tokenized securities, real-world assets, digital funds, and structured yield products, featuring multi-chain wallet functionality and integrated compliance tools [5] - The platform is designed to bridge traditional financial instruments with emerging on-chain assets, with ongoing initiatives in exchange-traded products [5]
X @The Block
The Block· 2025-06-26 07:16
Hong Kong accelerates RWA tokenization, crypto licensing push in new policy statement https://t.co/593nTmxewu ...
Bitget与Saturnia将在布达佩斯举办Bitget精英日
Sou Hu Cai Jing· 2025-06-25 23:33
原标题:Bitget 与 Saturnia Design 将在布达佩斯举办 Bitget 精英日,探索区块链和以用户为本的创新的 未来。 布达佩斯,匈牙利, June 25, 2025 (GLOBE NEWSWIRE) -- 全球领先的数字货币交易所与 Web3 公司 Bitget 将与广受好评的产品设计工作室 Saturnia Design 合作举办 Bitget 精英日 (Bitget Elite Day) 活动 ——这将是一场汇聚欧洲区块链和数字货币领域重要声音的高影响力盛会。 本次活动将在布达佩斯最 具标志性的历史地标——渔人堡举办,活动时间为 2025 年 6 月 27 日。 Bitget 精英日强化了 Bitget 在欧洲拓展业务的广泛战略,这不仅通过其自身的增长实现,更通过投资于 对话、社区和产品质量来实现。 本次活动将成为行业内的一个里程碑,将产品思维、政策洞察力和用 户体验融为一体——在这里,区块链的未来将基于其自身属性进行探讨。 这将是一次难得的机会,您 若与会,将能在雅致天台环境下与欧洲领先的数字技术专家进行交流——在这里,敏锐的洞察力、精妙 的对话以及免费的饮品将一同塑造 Web3 的 ...
MEME COINS INC., a Controlled Subsidiary of DOGP, to Acquire 2 Billion DOG Tokens from Tipestry
Globenewswire· 2025-06-25 19:00
Core Business Overview - Dogecoin Cash Inc. (DOGP) is a publicly traded company that operates in the cannabis telemedicine sector and blockchain innovation, holding a patented cannabis strain and product for hypertension treatment [6][7] - The company focuses on developing and commercializing cannabis-based products, including CBD-infused wellness solutions and pharmaceutical-grade formulations, while seeking to expand its portfolio through strategic partnerships and acquisitions [7] Blockchain and Digital Asset Strategy - Dogecoin Cash Inc. is actively exploring blockchain technology and decentralized finance (DeFi) applications, aiming to enhance transparency, security, and efficiency in cannabis supply chains and financial transactions [8][11] - The company is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision [9] Recent Acquisition - MEME COINS INC., a subsidiary of Dogecoin Cash Inc., has entered into an agreement to acquire 2 billion Dogecoin Cash (DOG) tokens, which will double its total DOG holdings to approximately 4.02 billion tokens without any dilution [1][3] - In exchange for the DOG tokens, MEME COINS INC. will issue 250,000 shares of Preferred Stock to Tipestry, Inc., maintaining its status as a wholly controlled subsidiary of DOGP [2][3] Strategic Growth Initiatives - Dogecoin Cash Inc. is committed to pursuing strategic mergers, acquisitions, and joint ventures to enhance its influence in both the cannabis and blockchain sectors [10] - The company aims to broaden its investor base and diversify revenue streams while leveraging emerging technologies to drive growth [11]
KMT-Hansa Provides Update
Globenewswire· 2025-06-25 13:00
Core Viewpoint - KMT-Hansa Corp. is updating on its memoranda of understanding with Lixu Innovations Limited and Astra Algorithm Limited, focusing on establishing joint ventures to enhance their respective ecosystems [1][6]. Group 1: Lixu Memorandum of Understanding - KMT and Lixu entered into a memorandum of understanding on June 5, 2025, to collaborate on establishing a subsidiary or joint venture named KMT-Tera10 Sub [2]. - KMT has the right to acquire up to 49% of the issued shares of KMT-Tera10 Sub, with an initial acquisition of 10% anticipated [3][4]. - The final purchase price and valuation of KMT-Tera10 Sub will be determined after due diligence, with payment potentially involving cash or common shares [4][5]. Group 2: Astra Memorandum of Understanding - KMT and Astra entered into a memorandum of understanding on May 6, 2025, to collaborate on establishing a subsidiary or joint venture named KMT-inBlock Sub [6]. - KMT has the right to acquire up to 49% of the issued shares of KMT-inBlock Sub, with an initial acquisition of 10% anticipated [7][8]. - The final purchase price and valuation of KMT-inBlock Sub will be determined after due diligence, with payment potentially involving cash or common shares [8][9]. Group 3: Financing - KMT may complete a financing of securities to fund the acquisitions of KMT-Tera10 Sub and KMT-inBlock Sub shares, structured as a common share offering or subscription receipt offering [10]. - Proceeds from the financing will be used specifically for the acquisitions [10][11]. Group 4: Company Backgrounds - Tera10, associated with Lixu, specializes in integrated hardware and software design, focusing on AI solutions and Web 3.0 innovations [12]. - inBlock, associated with Astra, provides Blockchain-as-a-Service (BaaS) and integrates AI with blockchain technology to enhance security and efficiency [13][14][15].
Eyenovia Announces Co-Branded Validator with Kinetiq
Globenewswire· 2025-06-25 12:30
Core Insights - Eyenovia, Inc. has launched a co-branded Hyperliquid validator in collaboration with Kinetiq, marking a significant advancement in its onchain engagement strategy [1][2][3] - The validator initiative is part of Eyenovia's strategy to actively engage with ecosystem projects, potentially allowing investors to benefit from both asset performance and strategic participation [5] - Eyenovia has acquired 1,040,584.5 HYPE tokens to support network stability and security through validator operations [2][4] Company Overview - Eyenovia is a pioneering digital ophthalmic technology company and the first publicly listed U.S. company to build a strategic treasury of Hyperliquid's native token, HYPE [8] - The company is also developing the Optejet User Filled Device (UFD) for topical ophthalmic treatments, which aims to improve patient compliance and treatment outcomes [9] Hyperliquid Platform and HYPE Token - Hyperliquid is a layer one blockchain optimized for high-frequency trading, featuring onchain perpetual futures and spot order books with 70 millisecond block times [6] - HYPE, the native token of Hyperliquid, provides utility through reduced trading fees and has become the 12th-largest cryptocurrency by market capitalization, with over 25 million HYPE sequestered as of June 2025 [7]