What Solana is Building ($)
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Sponsor: Mantle β Mass adoption of decentralized & token-governed technologies.
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- π Goldman Sachs Plans Tokenized Projects. The storied investment bank has plans for three different tokenized projects this year.
Read more on Bankless.com - 𧱠Block Inks BTC Mining Deal with Core Scientific. Jack Dorsey's Block is doubling down on mining hardware.
Read more on Bankless.com - πͺ Starknet Eyes STRK Staking in 2024. If approved by the community, staking could go live in Q4 on mainnet.
Read more on Bankless.com
πΈ Daily Market Snapshot: Crypto Twitter watched in vain as the S&P 500 and Nasdaq hit new all-time records Tuesday while BTC faced another day of slipping lower. BTC's correlation with public market gains is hitting multi-month lows as traders deal with long-feared Mt Gox supply overhang.
Prices as of 4pm ET | 24hr | 7d |
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Crypto $2.13T | β0.2% | β3.2% |
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BTC $57,465 | β0.5% | β3.8% |
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ETH $3,106 | β1.3% | β5.0% |
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MPL $11.64 | β1.2% | β0.8% |
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Solana has had a whirlwind year.
With most investor attention focused on the price action and memecoin markets catching fire on Solana, the most bullish development for the L1 has been just that β actual development.
In this article, weβll dive into a series of different technologies being employed and developed to advance the chain, from a burgeoning L2 ecosystem to ZK compression to new validator clients, all of which could spell a bright, lasting future for Solana.
Let's dig in π
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Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
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Is it a good idea to diversify your citizenship?
We brought on Andrew Henderson, a global citizen to nearly a dozen countries around the world and the founder of Nomad Capitalist β a company that helps people get multiple citizenships and passports.
Hear why considering a second or even a third citizenship might be beneficial, what the most crypto-friendly jurisdictions are, and what an exit tax entails. Andrew also shares why he renounced his U.S. citizenship and provides insights into the costs and process of obtaining a second passport.
Citizens get Ryan & David's exclusive Debrief on the interview π