Eazybits Buy and Sell Crypto

On February 14, 2024, the cryptocurrency market surged by over 2.8%, with the total market cap approaching $2 trillion. Amid this bullish momentum in the cryptocurrency industry, Sei (SEI), Stacks (STX), and Pyth Network (PYTH) led the market, experiencing significant gains in the last 24 hours.

SEI emerges as a top gainer 

According to CoinMarketCap data, SEI, STX, and PYTH recorded significant gains of over 19%, 14%, and 12% in just 24 hours. These tokens have consistently performed well over the last 30 days, and the primary reason behind their significant price surge is continuous collaboration and ongoing development in the industry.

Recently, on February 13, 2024, the high-throughput blockchain Sei upgraded its devnet, a developer-focused testnet, to v2. With the new version, apps developed on Ethereum can be deployed on Sei without any changes. Sei aims to attract developers with an execution environment that offers the “best of Ethereum and Solana.”

In a recent post on X (formerly Twitter), Stacks (STX) highlighted that the total cumulative STX wallet has increased by over 20% in the last 2 months, indicating a significant influx of new Stacks users in a short period.

Apart from SEI and STX, PYTH is also actively working on various developments. On February 14, 2024, PYTH announced on X that it is thrilled to launch the METIS/USD price feed. METIS serves as the currency for staking and payments on MetisL2, a permissionless Layer 2 network for advanced dapps. The post also emphasizes that its price feed is accessible on over 50 blockchains.

Performance of SEI, STX, and PYTH

Currently, SEI is trading near $0.87, and in the last 24 hours, it experienced a significant price surge of over 17%. Looking at SEI over a more extended period, in the last 7 days, SEI has experienced over a 47% upside momentum, while in the last 30 days, it has surged over 22%.

In addition to SEI, STX and PYTH also experienced significant price surges of over 16% and 12% in the last 24 hours, respectively. Examining STX and PYTH over a more extended period, in the last 7 days, both tokens have seen significant surges of over 57% and 42%, respectively. Over the last 30 days, STX and PYTH have experienced upside momentum of over 43% and 90%, respectively.

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StarkNet Foundation Announces STRK Airdrop, Over 1.3M Wallets Eligible

The Starknet Foundation has announced the airdrop of its STRK token to nearly 1.3 million wallets in the largest initial distribution by eligible addresses so far. This surpasses recent airdrops from projects like Dymension and Jupiter. Dymension distributed its DYM tokens to over 1 million eligible addresses, while Solana DEX aggregator Jupiter airdropped JUP to 955,000 eligible wallets.

Starting February 20th, eligible individuals can claim their share of over 700 million STRK tokens. This includes Starknet users, contributors, developers, Ethereum EIP authors and ETH stakers, further extending the reach beyond the core Web3 community.

"This airdrop rewards those who have built on Starknet and encouraged its growth," emphasizes Eli Ben-Sasson, a key figure behind the project. "It also welcomes non-Web3 open-source developers, recognizing their potential contribution to the future of this technology."

This airdrop represents the first phase in a series of planned distributions, solidifying Starknet's commitment to rewarding early adopters and fostering ecosystem engagement. The claiming of STRK tokens is open until June 20. Beyond claiming their tokens, participants gain the ability to provide liquidity and trade STRK, further increasing its utility and potentially driving network activity.