Tag: market share

Ethereum Faces Market Share Squeeze Amid Layer-2 Boom

Ethereum Faces Market Share Squeeze Amid Layer-2 Boom

Ethereum is in the midst of an interesting period as its transaction volume continues rising during the price advance toward $5,000 Ethereum. The growth of active Ethereum addresses has been flat lining between 400,000 and 600,000 since 2018. This comes at a time that layer-2 networks are doing the heavy...

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Stripe and Paradigm Unveil Tempo, a New Blockchain for Payments

Stripe and Paradigm Unveil Tempo, a New Blockchain for Payments

Stripe has continued its push into blockchain tech with the announcement of Tempo, a layer-1 blockchain platform focused on high-performance payments. Designed in partnership with Paradigm, a venture capital firm, Tempo seeks to empower developers with powerful infrastructure for stablecoin transactions. The platform is designed with Ethereum’s Solidity language in...

Ethereum Attracts Investors Amidst Market Optimism

Ethereum Attracts Investors Amidst Market Optimism

This is making for quite the swell of investor interest into Ethereum, propelled by massive returns and increasing institutional acceptance. Since the beginning of July, the cryptocurrency has risen, achieving a stunning 49% increase. It has kept that trajectory through August, reporting another 20% jump. These gains, along with record...

Stripe Enters Blockchain Arena with Tempo, Partners with Paradigm

Stripe Enters Blockchain Arena with Tempo, Partners with Paradigm

Stripe, the $92 billion fintech giant known for its payment solutions, is venturing into the blockchain world with its own high-performance, payments-focused blockchain called Tempo. The company is working on the project with crypto venture capital firm Paradigm, and the initiative represents a big step for Stripe. This announcement continues...

Stripe Ventures into Blockchain with New Payments-Focused Network, Tempo

Stripe Ventures into Blockchain with New Payments-Focused Network, Tempo

Behind the scenes Stripe is working on their own blockchain, Tempo, marking a big move into the crypto and stablecoin ecosystem. Today, a five-person dedicated team — focused purely on the development of a high-performance, payments-focused blockchain — is developing the technology in conjunction with Paradigm. Right now, they’re incubating...

Stripe Ventures into Blockchain with 'Tempo' in Collaboration with Paradigm

Stripe Ventures into Blockchain with 'Tempo' in Collaboration with Paradigm

Stripe is rumored to be working on its own layer-1 blockchain, “Tempo,” in collaboration with the crypto venture capital firm Paradigm. Like Stripe’s other Fortune 500-focused initiatives, this one is a big leap forward in Stripe’s deepening commitment to digital-asset infrastructure. An equally stealthy project execution team of five has...

Ethereum Eyes New Highs as Bullish Momentum Builds

Ethereum Eyes New Highs as Bullish Momentum Builds

Ethereum is painting a robust bullish picture, sparking optimism in the altcoin space. At $4,180, $ETH is still off its 2021 ATH by just 14%.There are a number of reasons that this upbeat mood is being fueled. A recent breakout above a five-year resistance level and increasing institutional interest in...

Flare Unveils Luminite Wallet, Streamlining Access to DeFi

Flare Unveils Luminite Wallet, Streamlining Access to DeFi

Flare recently announced the release of their new wallet, Luminite, which is specifically designed to simplify decentralized finance (DeFi). This wallet is designed for both new and experienced users, evergreen and fiat-native. To achieve this, Luminite leverages Turnkey’s embedded wallet technology to deliver a seamlessly integrated experience. It’s the connective...

Crypto Market Climbs As Pi, Ethereum Classic, and Tezos Lead Gains

Crypto Market Climbs As Pi, Ethereum Classic, and Tezos Lead Gains

The overall cryptocurrency market saw a sea of green with most top-performing cryptos up by double digits in the past 24 hours. Recent altcoins Ethereum Classic, Tezos and Pi absolutely blasted off with massive price action to the upside paired with incredible trading volume.Of those, Pi Network was the biggest...