Ethereum’s scalability and reduced fees have boosted Layer 2 networks but contributed to ETH’s underperformance.
The first Picasso painting to be tokenized by a regulated bank found a new owner for a profit of around 20% distributed to token holders.
The rise of so-called Bitcoin Ordinals have driven up the network’s transaction fees – a curse and a blessing in equal measure.
Following the success of the first two NFT stamp collections, Swiss Post is releasing Swiss Crypto Stamp 3.0.
So-called non-fungible tokens (NFTs) are steadily gaining momentum. Their applications are diverse, but they focus primarily on art.
NFT aggregator Blur has entered the NFT market as a new player with a successful airdrop campaign, taking over the top spot.
The TwelveFold NFT collection launched by Yuga Labs gives the Bitcoin blockchain its first renowned ordinal inscriptions.
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.
Chainlink’s “Golden Record” optimizes corporate data via AI and blockchain, used by the likes of Franklin Templeton, UBS and Vontobel.
DeFi
Despite significant scalability Ethereum faces competition from rivals like Solana and evolving Layer 2 networks within its own ecosystem.