Global

Polygon, the Ethereum scalability solution addressing the network's scalability challenges, has reached a significant milestone: 4 billion total transactions. This accomplishment stands out, especially considering that the network was launched merely four years ago in June 2020.

Tether, the largest issuer of stablecoins globally, has generated an extra 1 billion USDT tokens on the Ethereum blockchain, sparking discussions about a possible surge in the market. This development aligns with the crypto community's keen anticipation of the U.S. Securities and Exchange Commission's (SEC) impending decision regarding a spot Ethereum exchange-traded fund (ETF), slated for later this week.

The cryptocurrency community is eagerly awaiting news regarding the potential endorsement of a spot Ethereum ETF by the US Securities and Exchange Commission (SEC).

The emerging PoliFi crypto sector, where politics, finance, and cryptocurrency intersect, has generated a new wave of millionaires as a token associated with Donald Trump experienced a surge in value over recent weeks, as indicated by analysis from on-chain data provider Nansen.

Investment activity in crypto and blockchain start-ups is surging, with the first quarter of 2024 witnessing a total investment of $2.52 billion, a notable 25% increase from the previous quarter, as reported by PitchBook.

Despite the prolonged duration of this process, even the most vocal critics of the cryptocurrency market have begun to participate, especially during the 'crypto winter'. However, 2024 has emerged as the year of institutional adoption of cryptocurrencies.