Cardano sets sights on a new era of scalability with Layer 2 advancements
Happy Wednesday!
Cardano is breaking new ground with ambitious Layer 2 advancements aimed at enhancing scalability, privacy, and interoperability across its network. Meanwhile, Federal Reserve Chair Jerome Powell reassures the market that banks engaging in crypto activities face no regulatory hurdles, signaling a more crypto-friendly financial landscape. In a surprising twist, $XRP holders have nearly doubled in the past six months, surpassing Solana and marking a significant milestone amid $XRP’s strongest price rally in seven years. Get the latest updates in today's crypto news.
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The global crypto market cap is $3.29 trillion, with a 24-hour volume of $110.41 billion. The price of Bitcoin is $107,361.71, and BTC market dominance is 64.9%. The price of Ethereum is $2,415.01, and $ETH market dominance is 8.9%. The best-performing sector is Social, which gained 15%. The Crypto Fear & Greed Index is currently Greed (66).
Cardano sets sights on a new era of scalability with Layer 2 advancements
Cardano pushes beyond singular frameworks, aiming for interoperable Layer 2 solutions to boost speed, privacy, and composability.
📰 Top News
Powell reaffirms Fed has no issues with banks conducting crypto activities
Powell's testimony indicates regulatory alignment across major financial oversight bodies, promoting crypto innovation.
Number of XRP holders almost doubled within six months, overtaking Solana
The amount of $XRP holdings reached 5% of the total in January, when the token reached its highest price in seven years.
Spot Ethereum ETFs record $1B inflows in 15 trading days, hitting $4B for the first time
BlackRock's iShares Ethereum Trust (ETHA) drove the expansion with $5.3 billion of gross inflows.
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