noten10 (tiennt83)

Solana's Price Impacted by Decline in On-Chain Activity and User Engagement Solana's on-chain activity has been declining, with daily active addresses reaching a three-month low of 3.5 million. This decrease in active users reflects reduced market interest and adoption, leading to lower on-chain activity and potential price depreciation. The decline is also evident in the reduced DEX trading volume, which has hit a four-month low of $1.5 billion, and a significant drop in stablecoin transfer volume to $7.1 billion from $394 billion a month ago.

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BTC is now at $95000 According to SoSoValue, BTC(Bitcoin) is now at $95000, down 0.91% in the past 1H, down 0.82% in the last 24H.

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YZi Labs invests in the crypto AI startup Vana, with CZ joining as an advisor. YZi Labs has invested an undisclosed amount in the crypto AI startup Vana. YZi Labs stated that as part of the investment, Binance founder CZ has joined Vana as an advisor. Vana co-founder Anna Kazlauskas said, "This is a strategic investment that will be completed in January 2025. YZi Labs is the sole investor. There are no other investors in this round of financing." (The Block)

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WarpGate has announced that it will allocate 1% of DEX profits to incentivize Movement builders and reward active community members. WarpGate announced that as the first DEX on Movement, it will allocate 1% of DEX profits to incentivize Movement builders and reward active community members based on their contributions. To maintain a long-term impact, the reserve allocation will be reviewed quarterly to ensure a dynamic approach to ecosystem growth.

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