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NFT Angels
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As the cryptocurrency market faces uncertainty in 2024, BlockDAG Network stands out with its successful ongoing presale, raising over $7.4 million and offering early investors a chance at a 100% ROI. Meanwhile, Ethereum's future is debated amidst a recent 21% price dip and speculation about a potential ETF approval. EOS advances with its Transferable RAM feature and RAM Logging and Notifications, enhancing network performance and resource management. BlockDAG's presale momentum is significant, with 250 million coins sold out of 800 million available. The project also introduces a universal payment card for global crypto transactions and a $2 million giveaway for community members. Amidst Ethereum's challenges and EOS's tech evolution, BlockDAG emerges as a stable investment option with promising returns and innovative solutions.

As the cryptocurrency market faces uncertainty in 2024, BlockDAG Network stands out with its successful ongoing presale, raising over $7.4 million and offering early investors a chance at a 100% ROI. Meanwhile, Ethereum's future is debated amidst a recent 21% price dip and speculation about a potential ETF approval. EOS advances with its Transferable RAM feature and RAM Logging and Notifications, enhancing network performance and resource management.

BlockDAG's presale momentum is significant, with 250 million coins sold out of 800 million available. The project also introduces a universal payment card for global crypto transactions and a $2 million giveaway for community members. Amidst Ethereum's challenges and EOS's tech evolution, BlockDAG emerges as a stable investment option with promising returns and innovative solutions.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Solana-based decentralized exchanges (DEXs) experienced a record-breaking month in March, with trading volumes reaching $60 billion, largely driven by meme coins, according to DeFiLlama data. Orca and Raydium accounted for two-thirds of the total transaction value. Stablecoins like USDC and USDT were the most traded assets on Solana DEXs in the past 30 days, followed by meme coins such as Dogwifihat (WIF), Bul (BUL), Ansem’s Cat (HOBBES), Cat in a Dogs World (MEW), Book of Meme (BOME), and Slerf (SLERF). Meme coins continue to dominate Solana DEXs, with 16 out of the top 20 tokens by 24-hour trading volume being meme tokens. This surge in meme coin trading has allowed Solana to surpass Binance’s BNB Smart Chain in terms of DEX monthly volume for the second time, making it the second most active chain after Ethereum. However, the increased activity on Solana could attract bot spam. Dune data shows that a record 76% of all transactions on Solana failed as of April 5. Helius CEO Mert Mumtaz reassured users that the majority of failed non-vote transactions were merely "bot spam," and not a cause for concern.
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Sony Bank, part of the Sony Group conglomerate, has announced plans to launch a stablecoin on the Polygon network. The move is part of a wider push to reduce costs associated with payments and remittances within the group. The stablecoin, which will be pegged to fiat currency, is currently undergoing proof-of-concept testing. Sony plans to use the stablecoin as a payment method across its gaming and sports intellectual property. This announcement follows Sony's recent patent application for "super-fungible tokens", indicating a move towards implementing NFTs in its games. Earlier this year, Sony also announced the development of an in-camera digital signature technology, drawing comparisons to non-fungible tokens. The stablecoin project is being developed by Belgium-based blockchain firm SettleMint. Testing is expected to continue for several months as Sony navigates the legal implications of transferring Japanese yen-pegged stablecoins. The move comes amidst a surge in stablecoin-related news in the crypto space, with Ripple recently announcing plans to issue a US dollar-pegged stablecoin, and new venture Agora raising $12 million to issue its own stablecoin.
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Japanese automaker Mazda has launched its first-ever NFT collection in partnership with Astar Network as part of the blockchain company's "Yoki Origins" campaign. The collection includes 10 NFTs inspired by Mazda's iconic MX-5 MIATA, along with two additional "Secret NFTs". The NFTs feature a blend of Mazda's brand with Astar, a Japanese season, and the city of Hiroshima. This collaboration comes a month after the launch of "Yoki Origins", a gamified campaign designed to accelerate user onboarding on Astar zkEVM, Astar Network's Ethereum Layer-2 built powered by Polygon SDK. Mazda's debut NFTs mark "a new era of communication and storytelling for Mazda in the digital realm", potentially paving the way for a captivating series. The YoPort for the Mazda NFT collection, Astar's version of the popular Japanese Gacha Machines, launched on April 5. Each project participating in the "Yoki Origins" campaign has its own YoPort. Mazda joins other Japanese companies like Candy Girl, Casio, Japan Airlines, and Kyushu Railway Company in the campaign.
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Japanese automaker Mazda has launched its first NFT collection as part of the "Yoki Origins" campaign by Astar Network. The campaign is designed to accelerate user onboarding on Astar zkEVM, the company's Ethereum Layer-2 solution powered by Polygon SDK. The collection includes 10 NFTs inspired by Mazda's iconic MX-5 MIATA, two "Secret NFTs", and several others featuring a blend of Mazda, Astar, a Japanese Season, and the city of Hiroshima. This move represents Mazda's foray into the digital realm, potentially starting a captivating series. The Mazda NFT collection launched on April 5 via Astar's YoPort, a version of the popular Japanese Gacha Machines.
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Ripple is set to join the stablecoin market, citing the sector's growing popularity and projected worth of $2.8 trillion by 2028. The company's stablecoin will be deployed on Ripple’s institutional-grade XRP Ledger and Ethereum later this year. It will be 100% backed by the US dollar, US short-term treasuries, and cash equivalents. Ripple's entry into the stablecoin market comes as Delaware-based venture firm VanEck also launched Agora to disrupt the sector. Ripple CTO David Schwartz believes the company's focus on stability and long-term market presence will set it apart in the competitive stablecoin market.
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