# Solana Takes Action

*Author: Bankless*
*Published: Jul 4, 2024*
*Source: https://www.bankless.com/fr/solana-takes-action-2*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-647.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=solana-takes-action&email=true)

  

Solana Takes Action
    
  

  
  Published on July 4, 2024 🇺🇸

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Ether Sinks Deeper

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-15--65-.png)](https://www.bankless.com/dashboard)- 😬 **ETH nears $3,000.** Ethereum holders didn't have much to celebrate for the 4th of July as the asset took a 6% dive Thursday*.*
- 💰 **EigenLayer competitor hits $1B in deposits.** Lido-backed Symbiotic has [reached $1B in deposits](https://www.theblock.co/post/303500/eigenlayer-competitor-symbiotic-crosses-1-billion-in-deposits-in-under-a-month) in less than a month as depositors back the protocol.
- 🔵 **FRIEND is staying on Base.** FriendTech may be planning a migration to its own chain, but its token is staying put after [community backlash](https://x.com/friendtech/status/1808610229070016818). The token has lost 50% in value just this week.

.  .  .

 
  
    

    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

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.12T
       

  
    
    ↘4.7%
    
  

   
    
    ↘7.4%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $58,165
       

  
    
    ↘3.2%
    
  

   
    
    ↘5.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,144
       

  
    
    ↘4.6%
    
  

   
    
    ↘8.8%
    
  

.  .  .

 
  
    

ANALYSIS

  
  
    
   
Solana Takes Action
  
  
   
     
     Bankless Author: 
     
       [
       
       Arjun Chand](https://x.com/arjunnchand)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-04T113815.140.png)](https://www.bankless.com/solana-takes-action)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](https://x.com/solana/status/1805587979723063440) – 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 *👇

[Read the Free Analysis](https://www.bankless.com/solana-takes-action)
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