The decline has come as ether, the token of the Ethereum blockchains, and other cryptocurrencies have plummeted from record highs little more than a year ago. ETH was recently trading at about $1,300, down 64% from the start of the year when the second largest crypto by market capitalization was still hovering near $4,000. The number of projects built on the Ethereum platform over this period has plummeted as some projects have failed and increasingly risk averse investors have deployed their money at a slower rate than during 2021’s bull market.
Polymarket Sees 79% Odds for US Solana ETF Amid 11% Weekly Gain
After a number of solana-based exchange-traded funds (ETFs) debuted on the Toronto Inventory Alternate (TSX), solana climbed greater than 11%...
