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Solana Solana Takes Action
Published on July 4, 2024 🇺🇸

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NEED TO KNOW
Ether Sinks Deeper
  1. 😬 ETH nears $3,000. Ethereum Ethereum holders didn't have much to celebrate for the 4th of July as the asset took a 6% dive Thursday.
  2. 💰 EigenLayer EigenLayer competitor hits $1B in deposits. Lido-backed Symbiotic has reached $1B in deposits in less than a month as depositors back the protocol.
  3. 🔵 FRIEND is staying on Base. FriendTech may be planning a migration to its own chain, but its token is staying put after community backlash. The token has lost 50% in value just this week.
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MARKET VIBES
Doom and Gloom

📸 Daily Market Snapshot: Bear market sentiment went full throttle on Crypto Twitter Thursday as both ETH and BTC posted big one-day losses, with BTC briefly dipping below $57K and ETH fighting $3,100.

Prices as of 12pm ET 24hr 7d
Crypto $2.12T ↘4.7% ↘7.4%
BTC $58,165 ↘3.2% ↘5.4%
ETH $3,144 ↘4.6% ↘8.8%
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ANALYSIS
Solana Takes Action
Bankless Author: Arjun Chand

If bringing crypto to the users where they are was a competition, Solana might just have won it with the introduction of Actions and Blinks â€“ developer frameworks that bring crypto directly to any website on the internet.

Imagine scrolling Twitter, and spotting an NFT you've gotta have. Normally, that could set you off on a web3 odyssey where you have to step through the various unwieldy "standard" transaction steps to buy the NFT. But with Blinks, it's a single click. 

This might all seem like a small, inconsequential thing, but it's a friction-smashing superpower.

Let's take a look at how Blinks are a major step in the right direction towards making crypto more user-friendly and why Solana leading the way in UX is a big deal 👇


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What We're Doing

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No es asesoramiento financiero ni fiscal. El contenido de Bankless es estrictamente educativo y no constituye asesoramiento de inversión ni una solicitud para comprar o vender activos ni para tomar decisiones financieras. Este boletín no es asesoría fiscal. Consulta a tu contador. Investiga por tu cuenta.

Divulgación. De vez en cuando podemos incluir enlaces en este boletín a productos que usamos. Podemos recibir comisión si realizas una compra a través de uno de estos enlaces. Además, el equipo de Bankless posee criptoactivos. Consulta nuestras divulgaciones aquí.

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