Ethereum’s scalability and reduced fees have boosted Layer 2 networks but contributed to ETH’s underperformance.
The NFT collection Bored Ape Yacht Club (BAYC) has launched their own governance token ApeCoin (APE) with an airdrop to all NFT holders.
The acquisition of the CryptoPunks collection by Yuga Labs opens doors for the owners that remained closed by the creators.
As the first country with an official airdrop announcement, Ukraine doubled its collected crypto donations.
Swiss crypto bank Sygnum will tokenize a portfolio of football world championship-themed sculptures by renowned Swiss artist David Pflugi.
The italian car manufacturer Alfa Romeo announced the first car with integrated NFT functions to verify vehicle data.
Several crypto companies are preparing for this year’s Super Bowl with diverse commercials and NFT promotions.
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.
