Posts

Showing posts with the label scalability

Sui Price Prediction for Today, February 4 – SUI Technical Analysis

Image
Sui (SUI) continues to capture the crypto market’s attention with its remarkable scalability and focus on cost-efficient transactions. Currently ranked #14 on CoinMarketCap and priced at $3.44, SUI has experienced both challenges and resilience, as shown by its recent price trends. Will the technical and fundamental strengths of Sui be enough to reignite bullish momentum and push it beyond critical resistance levels? SUI Key Statistics Current Price: $3.44 Market Cap: $10.6 billion Trading Volume (24h): $2.7 billion Circulating Supply: 3.09 billion SUI Total Supply: 10 billion SUI CoinMarketCap Ranking: #14 Over the past 30 and 7 days, Sui (SUI) has decreased by -35.41% and -18.53%, respectively, from its highest prices during those periods. However, compared to the lowest prices recorded in the same timeframe, it has increased by 8.83%. SUI/USD Market Key Levels Resistance: $4.02, $5.06, $5.38 Support: $3.28, $2.97, $2.50 SUIUSD – Daily Chart S...

Solana Closes On All-Time High As First Layer-2 SOL Project Smashes $11M In Presale Funds

Image
Solaxy ($SOLX), the first Layer-2 built on Solana ($SOL), has raced past $11 million in presale funding after adding another $1 million in the past few days.  With an average daily run rate of approximately $343,750, the project is clearly attracting increasing attention from investors and gaining momentum as it approaches the second month of its fundraising campaign. Solaxy is looking to hop on the $SOL bull run, which just hit weekly highs, and cruise its way to $12 million within the next week. And early investors realizing the opportunity of holding the next Solana can get $SOLX at $0.001604 at the current stage of its presale, but that price is set to increase soon with the next funding stage starting in under two days. Solana’s $SOL used to trade 39,909.61% below its current value, but with high throughput, low latency, and low fees, it became a building ground for new dApps that sparked the demand for $SOL. Now, Solaxy is building on that succes...

After scalability, privacy is the next big thing in the blockchain space

Image
Ethereum has adopted PoS and rollups to become faster and more eco-friendly, but now it’s time to focus on enhancing privacy. Public blockchain s provide decentralization and transparency, but they lack on the Privacy side. The anonymity of transactions on blockchain s like Bitcoin (BTC) and Ethereum (ETH) is steadily losing ground, as transactions and addresses are easily tracked. With KYC imposed on most crypto exchanges, the majority of Blockchain transactions can be traced to their initiators, exposing user activity, holdings, and financial data. Even decentralized finance (DeFi) interactions can be easily monitored by advanced on-chain analysis systems. This is why privacy is just as important as speed and scalability for crypto to reach mainstream acceptance. Average consumers expect at least bank account level privacy to freely transact and RAILGUN is a ZK (Zero-Knowledge) based solution for existing blockchains that provides such wallet-level privacy. The utility of digital as...