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Polygon (MATIC) Miden Alpha Testnet v4 introduces new features for developers, including Rust compiler support and a block explorer. (Read More)
With the World Chain developer preview, devs can deploy infrastructure on a gated mainnet, as World Chain is skipping a testnet.
GalaChain's TestNet is now live, offering developers a secure environment to deploy and test their chaincode, fostering innovation in blockchain technology. (Read More)
Daylights testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors.
The Sui Bridge incentivized testnet phase ends on July 8th, urging participants to complete required actions for rewards. (Read More)
Polygon (MATIC) Miden Alpha Testnet v3 introduces sub-second updates, transaction IDs, and a no-std client, aiming to revolutionize dApp development. (Read More)
After falling below the $121 price mark last week, the Solana has shown a strong rebound. The SOL price is up 19% from the local low. But the current setup of the Solana price suggests the potential for an even stronger upward breakout, similar to that of summer 2021, according to popular crypto analyst Daan de Rover, better known as Crypto Rover. From the end of July 2021 to the beginning of November 2021, SOL rallied by more than 1,100%. The chart shared by Rover displays Solanas price action on a weekly timeframe, showcasing the formation of a descending triangle pattern similar to 2021. A descending triangle in this setting can be considered a continuation pattern, often leading to a breakout to the upside, especially following a prior uptrend. Currently, SOL is trading around $141. The base of the triangle, acting as a support zone, is between approximately $120 and $130. Meanwhile, the descending upper trendline currently caps the price. Related Reading: Bonk Inu (BONK) Skyrockets 10%, Dethroning WIF As Solanas Largest Meme Coin If the Solana price breaks above this descending trendline, Rover predicts that Solana could repeat history and explode beyond $800. SOL will go parabolic soon, Rover asserted via X. However, investors need to monitor the $120 support level closely. A sustained move below this could invalidate the bullish scenario, whereas a strong upward push through the triangle’s upper boundary could set the stage for the anticipated rally. Potential Catalyst: Solana 2.0 Makes Major Progress A potential catalyst for the breakout comes from the Jump Crypto team. The Solana network is about to get a major infrastructure update with the new Firedancer client which is currently being developed. @CantelopePeel, an engineer at Jump Crypto, shared via X today, Full Firedancer client built its first accepted block on Solana testnet. Full Firedancer client built its first accepted block on Solana testnet. pic.twitter.com/T7FgkbHT8N CANTELOPEPEEL (@CantelopePeel) July 10, 2024 He added, “Of course what you are not seeing here is that Firedancer built another 3 blocks after this, got skipped, then detected that it had mismatched against the rest of the cluster, and then summarily shutdown (gracefully, of course).” Related Reading: Solana Mirroring 2021 Bullish Pattern, Crypto Analyst Reveals The transparency in detailing both successes and hurdles reflects the ongoing complexity to scale the technology. “Fixing that is a tomorrow problem! Still a ton more to do, but hey at least you can see it on the blockchain now!” he added. This introduction of the Firedancer client to the Solana ecosystem is probably the biggest technical update thus far. Helius Labs CEO Mert Mumtaz expressed his enthusiasm for the progress via X, noting, “Firedancer has been achieved internally. No one is ready for this. Accelerate.” His remarks underscore the disruptive potential of the new client. He further elaborated on the significance of this development: “Firedancer is the 2nd Solana client (the software that nodes run) and arguably one of the most performant pieces of open source software ever created. Solana 2.0 if you will.” On Monday, Jump Crypto announced a new bug bounty initiative targeting Firedancer v0.1, nicknamed Frankendancer. As reported by Bitcoinist, this security initiative invites developers and ethical hackers to probe the client for vulnerabilities. The initiative comes with a substantial $1 million prize pool, facilitated through the cybersecurity platform Immunefi. At press time, SOL traded at $142.82. Featured image from Shutterstock, chart from TradingView.com
Starknet plans to introduce staking through a new protocol launching on the testnet before a mainnet release in Q4.
Sui Testnet now offers secure native randomness, enhancing app development with new possibilities. (Read More)
Sui Bridge goes live on Testnet with incentives for testers. Secure and seamless asset transfers between Ethereum and Sui. (Read More)
Quantum computers will be able to crack todays main cryptographic algorithms employed by the whole internet, including banking applications, email providers and social media platforms.
SSV Network launches the SSV2.0 Testnet, promising a 90% reduction in security costs and enhanced validator rewards through innovative based applications. (Read More)
Cronos zkEVM Testnet has successfully upgraded to 'Tethys', marking a crucial milestone for the launch of Cronos zkEVM mainnet. (Read More)
Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance. Interestingly, OPs market gain has occurred following a recent disclosure of certain security flaws associated with the popular layer-2 platform. Related Reading: XRP Price Prediction: Analyst Says Prepare For 700% Jump To $4, Heres When OP Bounces Back Amidst Optimism Security Concerns On April 26, Offchain Labs, the initial developers of the prominent Ethereum L2 solution Arbitrum, highlighted certain security flaws found in the Optimism Stack fault-proof system. Via a blog post, the team at Offchain disclosed that they discovered two major systemic vulnerabilities in the newly released security program currently running on the Optimism testnet. In communication with OP Labs, they stated that these security flaws could enable a bad actor to bypass the existing security measures of the Optimism network by enforcing the acceptance of a malicious claim or the rejection of a right claim. By exploiting these flaws, OffChain Labs stated these hackers could initiate a network dispute that is irresolvable. The nature of these vulnerabilities is said to originate from the timers in the OP stack fault-proof system. If this program were introduced on the Optimism mainnet with such defects, users’ funds would be exposed to a very high level of risk. However, these vulnerabilities were revealed to OP Labs about a month ago, which has now updated the Optimism testnet to address these security flaws. Interestingly, following these revelations, OPs price took a nosedive, falling by almost 5% to trade at $2.274 on April 27. However, in the last day, Investors expressed solid confidence in Optimisms security and future sustainability. According to data from CoinMarketCap, OP has gained by 17.16% in the past 24 hours attaining a market price of $2.69. In tandem, the tokens daily trading volume is up by 110.64% and is valued at $402.77 million. Related Reading: Bitcoin Drops Below 4-Hour MA Bearish Trend Ahead? Hold Your Altcoins, Analyst Says Why In the week following the Bitcoin Halving event, popular crypto analyst Michaël van De Poppe has advised users to invest heavily in altcoins. Via an X post on April 27, van De Poppe stated that the catalyzing effect of the Halving and the introduction of spot ETFs on Bitcoin are likely over, with momentum now shifting to the altcoin market. In comparison to BTC, the crypto analyst notes that most altcoins are undervalued and set for massive gains in the current bull cycle. Furthermore, van de Poppe predicted that the upcoming crypto bull run could last longer than the previous cycle, based on the current extended bear market. Particularly, van de Poppe identified Optimism (OP) as a promising altcoin with the potential to achieve three times the market growth compared to Bitcoin in this bullish cycle. Additionally, the analyst highlighted other tokens, including Chainlink (LINK), Woo (WOO), Celestia (TIA), and Skale (SKL), as potentially profitable investments. OP trading at $2.693 on the daily chart | Source: OPUSDT chart on Tradingview.com Featured image from Moneycontrol, chart from Tradingview
Explore the MANTRA Chain's Hongbai testnet launch, a key step in DeFi and traditional finance integration, now open to 100,000 participants.
Developers can soon test their Solana Web3 apps for use in Cosmos ecosystem via Injective’s layer-2 testnet, which uses Solana’s Sea Level Virtual Machine. The new layer was created with Eclipse’s help. (Read More)
Super Testnet demonstrates how his new invention works.
The Qubetics Testnet launch strengthened its position as the best crypto investment, while Avalanche and Filecoin showed promising market momentum.
The post Qubetics TestNet Launch Positions It as a Top Crypto Investment While Avalanche and Filecoin Gain Market Power appeared first on Kanalcoin.
Discover how BlockDAG is shaking up the crypto space with a $60K rewards drop and a Testnet launch set for March 28bonuses are vanishing fast, and buyers are moving in.
The post Insight on BDAGs Latest 6th AMA $60K Rewards & Testnet Launch Details appeared first on Kanalcoin.
BitTorrent Inc. announces the launch of the BTFS Protocol v3.3.0 Testnet, introducing BTIP-85 for improved node reputation and system performance enhancements. (Read More)
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