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Monad introduced its testnet as part of a phased release #Monad has rolled out its testnet as part of a phased release following the launch of its devnet in March. Monad claims to have optimized #Ethereum for higher throughput, offering up to 10,000 TPS with a one-second block time. The network's token will be used to cover the carriage cost of including transactions in blocks and for executing transactions. Monad is a high-performance Ethereum-compatible #Layer1 blockchain. Previously, it secured $244M from Paradigm, Electric Capital, Placeholder Capital and others. 👉 theblock.co/post/327005/monad-testnet
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IOTA unveiled the biggest upgrade IOTA Rebased The IOTA Foundation has proposed rebasing #IOTA ’s #Layer1 to introduce a fully decentralized protocol, offering Layer 1 programmability with support for #MoveVM and #EVM , scalability exceeding 50,000 TPS and $IOTA staking capabilities. A governance vote will determine whether to adopt the new protocol or maintain the current network. If approved, the new mainnet could launch following a testnet phase, security audits, and exchange integrations, unlocking advanced programmability to drive industry demand and ecosystem growth. 👉 blog.iota.org/iota-rebased-fast-forward/
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COIN OF THE DAY #CSPR #CasperNetwork #CRYPTO2024 #DYOR
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MicroStrategy acquired $4.6B worth of Bitcoin #MicroStrategy obtained 51,780 $BTC for $4.6B at approximately $88,627 per #Bitcoin over the past week. By continuing to grow its Bitcoin holdings, the company maintains its status as a major force in the cryptocurrency market, drawing interest from investors and industry analysts. MicroStrategy is a development company that provides business intelligence, mobile software and cloud-based services. 👉 microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc
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TOP GAINERS OF THE WEEK #SOLO $OM $CLV #ARC #CSPR #DORA $XLM #LMWR $HBAR $XRP $BONK $DEGEN $POND $DAO $PEPE
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