Solana's Builder Momentum ($)
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- 🇺🇸 EigenLayer Plans to Enable EIGEN Trading Next Week. After two phases of 'stakedrops,' it's finally almost time to see how EIGEN fares on the market.
- 🟣 Celestia Foundation Raises $100M. The raise led by Bain Capital Crypto comes amid a recent price run-up for TIA.
- 🤑 TrustToken and TrueCoin Settle with SEC. The entities behind TUSD are in hot water over alleged mischaracterizations of the stablecoin's backing.
📸 Daily Market Snapshot: Modest gains for top tokens like ETH this week paled in comparison to the gains seen by Bittensor's TAO token, which is up 75% in the past week. TAO ecosystem developments alongside broad excitement for the AI sector amid OpenAI's recent product launches are likely powering the upward swing, which is also lifting Render's RNDR token 31% week-over-week.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.26T | ↗ 1.6% | ↗ 8.7% |
|
BTC $63,346 | ↗ 1.7% | ↗ 6.8% |
|
ETH $2,654 | ↗ 0.2% | ↗ 13.4% |
|
TIA $6.62 | ↗ 0.8% | ↗ 26.7% |
Despite only running for a couple days, Solana’s Breakpoint brought the vibes.
The flagship conference hosted a storm of major Solana-related announcements that fueled a number of the chain’s top narratives, all while servicing the broader claim among Solana's community that the network remains the best chain for everyday use.
Let's dig into some of the top claims and see where Breakpoint's builders delivered on bolstering their narrative heft! 👇
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