MegaETH vs. Monad ($)
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- 🌊 BlackRock's dominating inflows. BlackRock's ETH ETF has surged past $1 billion in cumulative net inflows, outpacing Fidelity’s ETH ETF nearly threefold and firmly establishing itself as a top choice for investors.
- 💵 Funding Story. PIP Labs, the developers of Story Protocol, raised $80 million in a Series B led by a16z to further boost the group's work in converting intellectual property into onchain IP legos.
- 🍟 McDonald's takeover. The fast-food giant's Instagram account was compromised to promote a Solana memecoin called GRIMACE, leading to a brief surge in its market cap before the creators rug pulled.
📸 Daily Market Snapshot: Today the green candles were lit once more. Bitcoin breached through $60K and ETH followed the uptrend, as did most of the top 100 tokens, on the heels of sluggish U.S. jobs data, Kamala Harris reportedly planning crypto support, and possible Fed rate cuts next month.
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $2.14t | ↗ 2.0% | ↗ 2.4% |
|
BTC $60,424.55 | ↗ 3.3% | ↗ 4.1% |
|
ETH $2,632.83 | ↗ 1.7% | ↘ 0.6% |
|
UNI $6.89 | ↗ 11.3% | ↗ 8.5% |
Wasabi is an increasingly popular DeFi derivatives app, and part of the reason for that is because it’s among the most user-friendly leverage trading platforms in crypto.
Originally launched for trading memecoins with leverage, Wasabi has been steadily expanding its offerings. Its latest additions? BTC/ETH and SOL/ETH markets.
Wasabi calls these dominance trading markets, as they allow you to speculate on the dominance of the BTC/ETH and SOL/ETH ratios at any given time.
Let’s dive into how you can start trading these ratios and potentially capitalize on the shifting dynamics between the top crypto assets 👇
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Today, we're talking the Ethereum Virtual Machine, specifically how MegaETH and Monad are planning to optimize Ethereum's EVM infra for extreme speed.
We dig into:
- Which chain is faster, more decentralized, and more censorship-resistant?
- How did Monad and MegaETH build large communities before even launching a testnet, let alone a mainnet?
- What about the criticism that building with the EVM is like building on quicksand? Could this eat at Solana's value proposition?
Learn the answers to these questions and more! 👇