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Solana Solana Gets Slammed
Published on Apr 5, 2024

Sponsor: Kraken — Sign up for an account and see what crypto can be.

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NEED TO KNOW
TradFi Firms Want BTC
  1. 📈 TradFi buys into BTC ETFs. A regulatory filing revealed that Citi, Citadel, Goldman Sachs, and UBS have all been "authorized participants" in BlackRock's spot BTC ETF.
  2. 🧑‍⚖️ Jury finds Do Kwon liable. The jury in the SEC case against Do Kwon has found the Terraform Labs founder liable for fraud and misleading investors, reports say.
  3. 🪐 Galaxy bought FTX SOL. Galaxy Trading purchased millions in locked SOL tokens from the FTX estate, buying $620 million worth of the tokens at $64 each. SOL is currently trading at $176.

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TODAY IN MARKETS
Solana Gets Slammed

📊 Transaction Turmoil. Solana’s staunchest defenders have long maintained failed transactions only afflict bots, but the chain has become practically unusable for regular users in recent days! Why can’t you land transactions on Solana, and how does the chain improve from here?

Prices as of 3pm ET 24hr 7d
Crypto $2.53T ↘ 1.4% ↘ 3.8%
BTC $67,861 ↘ 1.0% ↘ 2.4%
ETH $3,336 ↘ 1.0% ↘ 4.4%
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ANALYSIS
Are Layer 3s the Future?
Bankless Author: David C.

In the aftermath of Ethereum's Dencun upgrade, with fees down on most L2s, everyone is thinking about what comes next.

The scaling conversation has now rapidly shifted towards the potential next step — Layer 3s. L3s, which have also been called appchains, offer environments tailored to specific communities and use cases, such as enterprise blockchain applications or gaming.

What problems do L3s solve? Let's dig in 👇


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PREMIUM POD
Are Ethereum Ethereum L3s Real?

L3s have become a hot topic in the land of Ethereum following the Dencun upgrade. But are Layer 3s actually a thing?

Today on the show we have Degen creator Jacek and Will Papper of Syndicate, Degen’s main service provider, and they’re here to teach us all about Degen and L3s.

This episode is for paying subscribers only 👇

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INVEST
This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇

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GO BANKLESS
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Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop this week. Did you miss out again?

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Ni conseil financier ni fiscal. Le contenu Bankless est strictement éducatif et ne constitue pas un conseil en investissement ni une sollicitation à acheter ou vendre des actifs ou à prendre des décisions financières. Cette newsletter ne constitue pas un conseil fiscal. Parlez-en à votre comptable. Faites vos propres recherches.

Divulgation. Il peut nous arriver d’ajouter des liens vers des produits que nous utilisons dans cette newsletter. Nous pouvons recevoir une commission si vous effectuez un achat via l’un de ces liens. De plus, l’équipe Bankless détient des actifs crypto. Consultez nos divulgations d’investissement ici.

Ce site est protégé par reCAPTCHA.

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