Daily Brief

SOL Surging

gm Bankless Nation, with SOL pumping some big Solana alts are taking a breather
Dec 21, 20233 min read
SOL Surging
Published on Dec 21, 2023
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Finally Liquidated
  1. 💰 3AC creditors near closure. Three Arrows Capital's liquidators estimate that victims of the imploded crypto hedge fund will receive a 46% recovery rate on their lost funds, with repayments now set to begin in early 2024.
  2. 💅 Punks get a makeover. Yuga Labs just unveiled a revamped CryptoPunks wrapper contract, the first big step in the company's efforts to modernize, interconnect, and evolve its collections.
  3. 🔄 Solana's DEX boom. With memecoin mania now in full swing on Solana, the network's 7-day trading volume stats just crossed Ethereum's for the first time ever.
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Solana's Altcoin Saga

🌀 'Round and 'round. Solana has dominated the charts lately, continuing to be one of crypto’s strongest-performing assets with 24% gains on the week. Yet while the SOL token is pumping, more than a few of the ecosystem’s tokens have decided to take a break from the action. What happened to Solana alt szn?

Prices as of 4pm ET 24hr 7d
Crypto $1.65t ↗ 3.1% ↗ 1.9%
BTC $43,724.38 ↗ 0.6% ↗ 2.0%
ETH $2,231.18 ↗ 2.4% ↘ -2.3%
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Recapping the Rollups Roadmap
Guest Author: Arjun Chand

Ethereum scaling has been one of the most debated topics in crypto. After much conjecture, the community settled on a rollup-centric roadmap for Ethereum's development. But why did they choose this path?

Recap the journey–read the free article on our website 👇


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What We're Reading
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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