Solana Ecosystem Turnaround
Published on Apr 10, 2024
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NEED TO KNOW
Uniswap Labs Next?
  1. πŸ“© SEC takes on Uniswap. The SEC has sent a Wells Notice to Uniswap Labs, notifying them that they intend to pursue enforcement action against them.
    ➑️ Read More on Bankless
  2. πŸš€ EigenLayer launches on mainnet. With a tweet, EigenLayer and EigenDA went live on mainnet, but there's still some stuff missing.
  3. πŸ€– NEAR hiring AI engineers. NEAR acolytes have been betting on the L1 chain as an AI play, and now the company is hiring AI engineers to build out a roadmap for that path, CoinDesk reports.
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TODAY IN MARKETS
Waiting for Rate Cuts

πŸ“Š Portfolio Purgatory. Risk assets tumbled this morning off a hotter-than-expected inflation data release for the month of March. When are rate cuts coming, and what impact will they have on your bags?

Prices as of 5pm ET 24hr 7d
Crypto $2.60T β†— 0.3% β†— 5.2%
BTC $69,809 β†— 1.1% β†— 6.3%
ETH $3,507 β†— 0.1% β†— 6.3%
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ANALYSIS
Will Solana’s Rough April Turn Around?
Bankless Author: David C.

Solana's April has certainly been... turbulent thus far.

But despite a SOL price plateau and some severe congestion issues that have caused widespread transaction failures, there are still reasons to be bullish, with a handful of positive catalysts standing ready to turn April around for Solana.

Today, let's take a look at just how much airdrop stimmy is landing in the Solana ecosystem and examine some hot protocol developments that may draw more attention to the network and greatly expand its reachπŸ‘‡


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LATEST POD
The ETH Monetary Policy Debate

The Ethereum community is currently deep in debate; are we going to change the monetary policy of ETH? Why should we? Who gets to decide? What should it be?

Today's episode of Bankless Takes is a masterclass on monetary policy for Ethereum and beyond with David and Ryan breaking down what's at stake.

Get the full rundown πŸ‘‡

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