Over the past 24 hours, Solana's (CRYPTO: SOL) price has risen 4.24% to $53.7. This continues its positive trend over the past week where it has experienced a 1.0% gain, moving from $53.4 to its current price. As it stands right now, the coin's all-time high is $259.96. 
The chart below compares the price movement and volatility for Solana over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 34.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.25%. This brings the circulating supply to 339.27 million. According to our data, the current market cap ranking for SOL is #9 at $18.23 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Solana's Price Increased More Than 4% Within 24 hours

Solana has been down 3.51% in the last 24 hours. SOL may soar to a high of $78 if the

Solana (SOL) Price Rebounds Breaking the $50 Psychological Barrier

Quick Take

In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
L1 ecosystems that have built connections with Terra and its native assets are adjusting to a new reality as they contend with the fallout of UST’s collapse
This week, we take a look at Cosmos, Avalanche, and Solana



Layer by Layer Issue 31: Cosmos, Avalanche, and Solana

Bybit released a quarterly report about the Solana network. The report includes general updates on the Solana ecosystem, DeFi, and ...Read More...

Bybit Quarterly Report: Solana Network Performance 2022

DeFi Land will launch a new P2E game on May 17 at 8 PM UTC. The game promises to be ...Read More...

Solana Top Farming Game ‘DeFi Land’ to Launch Its First P2E Feature

Zurich, Switzerland, 19th May, 2022, Chainwire Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralised USDC note via […]

Babel Finance used collateralized eNote on FQX’s Solana dApp via Fireblocks

Zurich, Switzerland, 19th May, 2022, Chainwire Babel Finance, a leading global crypto financial services provider, announced today that it has ...Read More...

Tortola, BVI, 18th May, 2022, Chainwire DeFi Land, the third most prominent game on the Solana blockchain, will launch a

Top Solana P2E Contender DeFi Land Launches Its First Play-and-Earn Game

Solana's (CRYPTO: SOL) price has increased 8.07% over the past 24 hours to $57.7, which is in the opposite direction of its trend over the past week, where it has experienced a 21.0% loss, moving from $72.24 to its current price.  As it stands right now, the coin's all-time high is $259.96. 
The chart below compares the price movement and volatility for Solana over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 57.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.99%. This brings the circulating supply to 337.16 million. According to our data, the current market cap ranking for SOL is #8 at $19.57 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Cryptocurrency Solana Rises More Than 8% In 24 hours

ApeCoin may nurture a 42% breakout if the triangle’s X-axis resistance comes out of the way. SOL reactivates uptrend to $60 but a confluence barrier at $56.6 threatens reversal to $42. Buyers of ApeCoin and Solana seemed to be taking the bull by the horns on this week’s second trading day. The latter made a […]
The post ApeCoin, Solana Rebuild Bullish Hopes, But Is It Sustainable? appeared first on Vauld Insights.


ApeCoin, Solana Rebuild Bullish Hopes, But Is It Sustainable?

Bullish Solana price prediction ranges from $206.7 to $351.45. The Solana price might also reach $400 soon. Solana’s bearish market ...Read More...

Solana Price Prediction – Will SOL Price Hit $400 Soon?

Terra

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CoinJoy is collecting all the Solana news in one place making it easily accessible for those who want to stay tuned to the latest updates of Solana.

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/6acee805-064d-46db-3f45-a83c19be2f00/public" alt="GMT price change report." width="347" height="183" />
The price of GMT, the token of the STEPN project, which specializes in the gamification of non-fungible tokens, has increased by 23.43% in the last 24 hours. At the time of writing, the value of the asset is $3.30
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/97d3cb18-75ac-404e-beb9-579e3d220700/public" alt="GMT price chart" width="347" height="216" />
<a href="https://coinjoy.io/media/548/stepn-is-up-over-200-in-a-week" target="_self" rel="external">STEPN</a> is a <a href="https://coinjoy.io/media/401/zodtv-new-generation-video-transcoding-on-web3" target="_self" rel="external">Web3</a> mobile game where you can buy <a href="https://coinjoy.io/media/567/musk-wants-twitter-crypto-in-war-eth-2-0-shadow-fork-worst-nft-bid-be-in-crypto" target="_self" rel="external">NFT</a> sneakers and earn cryptocurrency by running and walking. To start playing, a user needs to download the application and register. Next, the player has to deposit Solana tokens into the STEPN wallet and purchase a pair of NFT sneakers. All running shoes vary in price and performance. The cheapest pair costs roughly 9 <a href="https://coinjoy.io/media/539/solana-sol-31-march-price-digest" target="_self" rel="external">SOL</a>. Sneakers can be "upgraded" to the next level of profitability or sold on the marketplace within the game. They also tend to &ldquo;tear&rdquo;, thus sometimes they need to be repaired.
The mechanics of earning is complex, as profits depend on many various factors. Besides, STEPN has a randomizer that makes profit per minute unstable. However, according to Reddit users, some manage to earn $40 within a day. More expensive NFTs allow users to earn $85 per run. The app creators take a small fee from such activities as NFT trading, minting, and shoe rentals.
<a href="https://coinjoy.io/media/530/axie-infinity-axs-rises-amid-major-announcement" target="_self" rel="external">Axie Infinity</a> is similar to STEPN: there you need to &ldquo;breed&rdquo; creatures, which you can then sell and earn money with. At STEPN, the mechanics are almost the same: you first need to buy sneakers. Over time, prices increase. For example, at the very beginning, sneakers were sold for about $600, now the simplest version costs almost $1000. Actively running, you can recoup your investment in 1-2 months.
The developer of STEPN, the Australian company <a href="https://devpost.com/FindSatoshilab" target="_blank" rel="nofollow noopener">Find Satoshi Lab</a>, invests in advertising, attracts large investments and enters into agreements with different companies. In January, STEPN received a $5 million seed funding round.
In April, Binance Venture Capital announced a strategic investment in STEPN. The Project Governance Token (GMT) reacted with massive growth.
<blockquote class="twitter-tweet">
What a big day... 😍 Celebrating the new joiner of Binance Labs Family <a href="https://twitter.com/Stepnofficial?ref_src=twsrc%5Etfw">@Stepnofficial</a> - THE BEST of its kind web3 move-and-earn app. Let's Step up N up!<a href="https://t.co/evNkFxrQgx">https://t.co/evNkFxrQgx</a>
&mdash; Binance Labs Fund (@BinanceLabs) <a href="https://twitter.com/BinanceLabs/status/1511661444512681984?ref_src=twsrc%5Etfw">April 6, 2022</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>

STEPN price digest for the 19th of April.

The price of GMT, the token of the STEPN project, which specializes in the gamification of non-fungible tokens, has increased by 23.43% in the last 24 hours.

GMT Leads Altcoin Growth

<h2><img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/657614a9-64e4-4f8b-b797-afb8be6a5e00/public" alt="LUNA, ZEC and APE price change report." width="347" height="183" /></h2>
<h2>LUNA</h2>
On Tuesday, the price of <a href="https://coinjoy.io/news/276031185/luna-price-analysis-after-the-15-spike-was-local-bottom-found" target="_self" rel="external">LUNA</a> surged from $76.44 to a daily high of $91.6, leading the rest of the crypto market. Despite a slight correction from the intraday high, the price is still up 12.35% in the last 24 hours. At the time of writing, the asset is trading at $89.76.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/e4de8bc2-00ed-4b6a-e431-e006ac42a400/public" alt="LUNA price chart" width="347" height="195" />
Thanks to the price increase, the token was ranked eighth again. Within the past 24 hours, daily trading volume has increased by 108% to over $3.1 billion.
In mid March, Do Kwon, the founder and CEO of Terraform Labs, announced that his team would provide BTC to back up its own stablecoin, UST. After that, the startup periodically reported on the acquisition of each new batch of cryptocurrency. Moreover, in addition to BTC, the developers of the LUNA altcoin included the Avalanche coin (<a href="https://coinjoy.io/media/379/elrond-egld-avalanche-avax-15-december-price-digest" target="_self" rel="external">AVAX</a>) in their reserves.
In total, <a href="https://coinjoy.io/media/431/terraform-labs-allocates-4-billion-to-develop-terra" target="_self" rel="external">Terraform Labs</a> plans to invest up to $10 billion in the largest digital currency, Do Kwan said. The other day it was revealed that Terra's reserves in BTC had increased again. The team bought a batch of coins worth up to $100 million. The startup made its first purchase of Bitcoin back in March.
The recent drop in <a href="https://coinjoy.io/media/547/german-police-has-confiscated-hydra-servers-seized-btc" target="_self" rel="external">BTC</a> value has proven to be beneficial for Terra developers. They were able to purchase cryptocurrency at comfortable prices. Now the startup controls 42,406.92 BTC for a total amount of more than $1.7 billion. Thus, Terra may soon become a worthy competitor to MicroStrategy, which also systematically enters the market to acquire BTC.
<h2>ZEC</h2>
At the time of writing, the cost of the <a href="https://coinjoy.io/media/519/mkr-aave-zec-17-march-price-digest" target="_self" rel="external">ZEC</a> token is $157.42. Over the past 24 hours, the price of the asset has increased by 14.18%.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/d1070310-024c-4189-e212-47d60e646f00/public" alt="ZEC price chart" width="347" height="197" />
The peer-to-peer payment system Zcash (ZEC) is being actively developed. Last year, the project published its &ldquo;aggressive&rdquo; roadmap, which details the company&rsquo;s plans up until 2025. 
<blockquote class="twitter-tweet">
It has become clear that the best way for ECC to contribute to the <a href="https://twitter.com/hashtag/Zcash?src=hash&amp;ref_src=twsrc%5Etfw">#Zcash</a> <a href="https://twitter.com/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZEC</a> community over the next three years is to release an official ECC wallet on top of a highly interoperable Zcash protocol that leverages proof-of-stake consensus.<a href="https://t.co/SxMF1pNCTB">https://t.co/SxMF1pNCTB</a>
&mdash; Electric Coin Co. (@ElectricCoinCo) <a href="https://twitter.com/ElectricCoinCo/status/1461720646958956548?ref_src=twsrc%5Etfw">November 19, 2021</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
The roadmap includes three key future achievements: transition to the Proof-of-Stake consensus algorithm, interoperability and the official ECC wallet. The latter will allow the project team to interact directly with Zcash users, quickly deploy and test new features. The launch of the wallet is scheduled for 2022.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/472e2d89-1cba-464a-496b-e7950fb6eb00/public" alt="Electric coin roadmap." width="347" height="626" />
<h2>APE</h2>
At the time of writing, the value of the ApeCoin asset is $12.20. Over the past 24 hours, the price of the coin has increased by 9.22%.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/655d29a7-a8ae-44fc-6c3c-237cd953ea00/public" alt="APE price chart." width="347" height="220" />
Recently, after an extremely successful <a href="https://coinjoy.io/media/520/apecoin-incredible-volatility-on-the-first-trading-day" target="_self" rel="external">launch</a>, the cryptocurrency has been under active development. Thus, the other day, Coinbase announced the casting of NFT characters from the <a href="https://coinjoy.io/media/532/bayc-parent-company-valued-at-4-5b-russia-and-india-prefer-cbdcs-be-in-crypto" target="_self" rel="external">BAYC</a> collection for the upcoming film The Degen Trilogy. 
<blockquote class="twitter-tweet">
⭐️DEFINITELY SOMETHING⭐️ We're creating an interactive three-part film featuring the <a href="https://twitter.com/BoredApeYC?ref_src=twsrc%5Etfw">@BoredApeYC</a> &amp; <a href="https://twitter.com/apecoin?ref_src=twsrc%5Etfw">@apecoin</a> communities. Come build with us! 👉 <a href="https://t.co/bmp2ZdT6SG">https://t.co/bmp2ZdT6SG</a> <a href="https://t.co/5vIRnbyupu">pic.twitter.com/5vIRnbyupu</a>
&mdash; Coinbase (@coinbase) <a href="https://twitter.com/coinbase/status/1513589848048689152?ref_src=twsrc%5Etfw">April 11, 2022</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
Owners of selected collectible assets will receive a $10,000 royalty in BTC or ApeCoin tokens.&nbsp;
Meanwhile, two members of the <a href="https://coinjoy.io/media/545/axie-infinity-hack-bayc-discord-mishap-144m-penalty-for-an-italian-bank-be-in-crypto" target="_self" rel="external">BAYC</a> community have recently opened a restaurant in California. 
<blockquote class="twitter-tweet">
👀 <a href="https://twitter.com/HYPEBEAST?ref_src=twsrc%5Etfw">@HYPEBEAST</a> - We appreciate the love! Thank you to the community for making this opening weekend a success! A lot more to come soon. 🦍🍔 <a href="https://twitter.com/hashtag/BAYC?src=hash&amp;ref_src=twsrc%5Etfw">#BAYC</a> <a href="https://twitter.com/hashtag/MAYC?src=hash&amp;ref_src=twsrc%5Etfw">#MAYC</a> <a href="https://twitter.com/BoredApeYC?ref_src=twsrc%5Etfw">@BoredApeYC</a> <a href="https://t.co/9smaMEc71Y">https://t.co/9smaMEc71Y</a>
&mdash; JustBoredAndHungry (@BoredNHngry) <a href="https://twitter.com/BoredNHngry/status/1513599188243652610?ref_src=twsrc%5Etfw">April 11, 2022</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
They used the &ldquo;bored monkey&rdquo; NFT as their establishment brand. Clients can pay with Ethereum or ApeCoin. BAYC holders include a number of celebrities, among them are Eminem, Madonna, and presumably Justin Bieber.

Terra, Zcash and ApeCoin price digest for the 19th of April.

LUNA (Terra) surges from $76.44 to a daily high of $91.6, ZEC price grows amid Zcash system development, APE’s positive price action sustains.

LUNA, ZEC & APE: 19 April Price Digest 

<img src="https://admin.coinjoy.io/files/33d50f84766fe1bc1de13ac4f36e7598df2361a8.webp" alt="AMC to accept SHIB and DOGE" width="347" height="200" />
AMC Theaters Entertainment, the largest movie theater chain in the US and the world, has begun accepting Dogecoin, Shiba Inu and other altcoins through its mobile app. The AMC has partnered with the BitPay service for accepting cryptocurrency payments. To access the new feature, users need to update the mobile app to the latest version.
<blockquote class="twitter-tweet">
Exactly as promised, the AMC mobile app for AMC&rsquo;s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies &mdash; thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. <a href="https://t.co/MMy7SIxYbl">pic.twitter.com/MMy7SIxYbl</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1515021890431164424?ref_src=twsrc%5Etfw">April 15, 2022</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
AMC's plans to accept payments in cryptocurrencies were first revealed in August last year, when the company's CEO, Adam Aron, promised that AMC would start selling movie tickets for Bitcoin at the end of 2021. Later, he also stated that <a href="https://coinjoy.io/media/437/ethereum-developers-abandon-the-terms-eth1-and-eth2" target="_self" rel="external">Ethereum</a>, <a href="https://coinjoy.io/media/291/minefield-litecoin-mining-fundamentals" target="_self" rel="external">Litecoin</a> and a fork of <a href="https://coinjoy.io/media/435/bitcoin-btc-24-january-price-digest" target="_self" rel="external">Bitcoin </a>&ndash; <a href="https://coinjoy.io/media/100/bitcoin-cash-july-news" target="_self" rel="external">Bitcoin Cash</a> would be among the means of payment accepted by AMC.
In September 2021, Aron conducted a Twitter poll on whether users would support the idea of adding Dogecoin.
<blockquote class="twitter-tweet">
I sincerely want to hear your opinion, via this Twitter Poll. By year-end 2021, AMC will take Bitcoin, Etherum, Litecoin and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1440350526768484361?ref_src=twsrc%5Etfw">September 21, 2021</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
 Users approved of the idea, and in October, the company began accepting Dogecoin &ndash; a meme-cryptocurrency popularized by businessman <a href="https://coinjoy.io/media/404/elon-musk-dogecoin-nft-metaverse-an-ultimate-2021-year-ender" target="_self" rel="external">Elon Musk</a> &ndash; as a means of payment. The company has also started selling digital gift cards for <a href="https://coinjoy.io/media/557/dogecoin-will-perform-offline-transactions-via-starlink" target="_self" rel="external">DOGE</a> and other cryptocurrencies. Currently, Dogecoin can be used to purchase digital gift cards up to $200 through the BitPay crypto wallet. Payments can be made on the company's website, via a mobile application and in the cinemas themselves.
Later, Aron asked users what other cryptocurrencies should be accepted by movie theater chains. More than 153K users took part in the survey, of which 81.4% voted for Shiba Inu.
<blockquote class="twitter-tweet">
TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1454023849528410115?ref_src=twsrc%5Etfw">October 29, 2021</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
Last November, AMC finally began accepting BTC, ETH, LTC and BCH.
<blockquote class="twitter-tweet">
Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please&hellip; Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. <a href="https://t.co/a7pqYBm7HB">pic.twitter.com/a7pqYBm7HB</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1458974884609019916?ref_src=twsrc%5Etfw">November 12, 2021</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>
AMC Entertainment <a href="https://investor.amctheatres.com/newsroom/news-details/2021/AMC-Entertainment-Confirms-October-Theatre-Admissions-Revenue-for-AMC-Both-in-the-United-States-and-Internationally-the-Highest-It-Has-Been-in-Any-Month-Since-Covid-Forced-the-Closure-of-Theatres-Early-In-2020/default.aspx" target="_blank" rel="nofollow noopener">owns</a> approximately 1,000 movie theaters in the US and Europe, but the company was forced to close them down due to the coronavirus pandemic. In 2020, the network's losses amounted to $4.6 billion, and in the second quarter of this year, they reached roughly $344 million.

AMC has begun accepting Dogecoin and Shiba Inu through its mobile app.

AMC Theaters, the largest movie theater chain in the US, has begun accepting Dogecoin and other altcoins on its platform through a mobile app.

AMC Cinema Chain Adds DOGE Support to Mobile App

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/130200d0-cf5a-46ec-3565-e9d9338a0200/public" alt="DCR price digest" width="347" height="183" />
The new week started with another rollback of BTC and other digital currencies.
Over the past 24 hours, the capitalization of the crypto market has decreased by another 4% to $1.801 trillion. <a href="https://coinjoy.io/media/547/german-police-has-confiscated-hydra-servers-seized-btc" target="_self" rel="external">BTC</a> fell to a monthly low. On Monday, April 15, the largest digital currency retreated to $38,580.
The rest of the cryptocurrency market &ldquo;goes hand in hand&rdquo; with the main US stock indices, while the correlation with them only intensifies amid the ongoing downward correction. Most altcoins also went into the red zone, the average losses of the leading L1 tokens ranged from 4% to 6%.
<a href="https://coinjoy.io/media/522/btc-eth-etc-21-march-price-digest" target="_self" rel="external">ETH</a> fell below $2,900 during the Asian session. At the time of the current review, BTC and ETH are trading at $38,878 and $2,898, respectively.
Cardano (<a href="https://coinjoy.io/media/129/cardano-ada-analysis-what-is-ada-where-to-buy" target="_self" rel="external">ADA</a>) and Solana (<a href="https://coinjoy.io/media/539/solana-sol-31-march-price-digest" target="_self" rel="external">SOL</a>) suffered the biggest losses from the top ten altcoins, these coins lost more than 7% in value and fell to $0.8805 and $95.53. <a href="https://coinjoy.io/media/563/xrp-15-april-price-digest" target="_self" rel="external">XRP</a>, Avalanche (<a href="https://coinjoy.io/media/379/elrond-egld-avalanche-avax-15-december-price-digest" target="_self" rel="external">AVAX</a>) and Dogecoin (DOGE) retreated about 6% to $0.736, $72.94 and $0.134.
However, there are pleasant exceptions.Thus, over the last 24 hours, the price of the <a href="https://coinjoy.io/media/557/dogecoin-will-perform-offline-transactions-via-starlink" target="_self" rel="external">DCR</a> (Decred) token has increased by 17.13%. At the time of writing, the value of the asset is $67.41.
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/2cd32e5c-bcbc-49d2-a19d-080ba4202400/public" alt="DCR price chart" width="347" height="223" />
DCR is a cryptocurrency that aims to solve the scalability problem faced by BTC. The activation of hard forks in the BTC and Bitcoin Cash blockchains was caused by a disagreement within the coin communities. <a href="https://decred.org/" target="_blank" rel="nofollow noopener">Decred</a> is decentralized and self-governing, therefore the network cannot be hard forked until the majority of stakeholders agree to it. This unique approach to dealing with hard forks issues could help Decred establish itself in an increasingly competitive cryptocurrency market.
The main advantages of Decred are decentralization, mining, which is available via conventional graphics cards, as well as the use of a hybrid PoW + PoS consensus model.
The project stakeholders are currently <a href="https://coinmarketcap.com/cryptown/articles/24481" target="_blank" rel="nofollow noopener">voting</a> on the four consensus agendas included in Decred v1.7. If consensus is reached, new rules will come into play. The rapid development of the project is the key to a permanent increase in the price of the asset.

Decred price digest for the 18th of April

Over the last 24 hours, the price of the DCR (Decred) token has increased by 17.13%. At the time of writing, the value of the asset is $67.41.

Decred (DCR): 18 April Price Digest

<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/e33db335-4c15-4e10-31be-1f1467044700/public" alt="Elon Musk Want to Buy twiter" width="347" height="195" />
<h2 id="h-elon-musk-and-twitter">Elon Musk and Twitter</h2>
On April 9th, Elon Musk was unveiled as Twitter&rsquo;s largest shareholder and was widely expected to take a place on the company&rsquo;s board. However, things took a U-turn when Twitter CEO Parag Agrawal,&nbsp;<a href="https://beincrypto.com/elon-musk-says-no-to-twitter-board-membership/" target="_blank" rel="noopener nofollow">announced</a>&nbsp;that Musk would no longer be joining Twitter&rsquo;s Board. &nbsp;
On Thursday, Musk revealed that he filed a tender offer with the SEC, offering to&nbsp;<a href="https://beincrypto.com/elon-musk-offers-to-buy-twitter-in-hostile-takeover/" target="_blank" rel="noopener nofollow">buy Twitter for $43 billion</a>. His hostile takeover strategy involved offering stakeholders $54.20 per share in cash, and was driven by his desire to unlock Twitter&rsquo;s extraordinary potential and lack of faith in the directors.
His quest to buy Twitter has hit several roadblocks, with some pundits alleging that $54.20 per share is a small amount compared to the $70 that it reached last year. Less than a day after announcing his desire to buy the company, he was&nbsp;<a href="https://beincrypto.com/musk-no-longer-largest-twitter-shareholder-but-there-is-backup-plan/" target="_blank" rel="noopener nofollow">toppled</a>&nbsp;as Twitter&rsquo;s largest shareholder by Vanguard Group.
&ldquo;My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,&rdquo; said Musk. His comments have been construed as a threat to dump his holdings, leading to a steep decline in Twitter&rsquo;s value.
<h2 id="h-the-twists-and-turns-of-russia-ukraine-war">The twists and turns of Russia-Ukraine war</h2>
From Musk and Twitter to the geopolitical crisis in Ukraine, Russia&rsquo;s continued invasion and presence in the country has triggered a spike for crypto assets, as citizens turned to them to hedge their wealth while entities used them to raise funds for charity.
Despite the initial surge, Bitfury&rsquo;s Crystal Blockchain argues that there have been&nbsp;<a href="https://beincrypto.com/ukraine-war-not-driving-crypto-market-activity-says-blockchain-firm/" target="_blank" rel="noopener nofollow">no large spikes of on-chain activity</a>&nbsp;since the first week of the conflict.
Following the slamming of sanctions on Russia and certain entities, there have been heightened levels of concern that oligarchs could turn to cryptocurrencies to bypass sanctions. A Chainalysis report debunked the claims by arguing that using the &ldquo;<a href="https://beincrypto.com/russian-oligarchs-unlikely-to-evade-sanctions-easily/" target="_blank" rel="noopener nofollow">free float</a>&rdquo; model, it would be difficult to move a large cache of funds without causing &ldquo;major price crashes.&rdquo;
On the other hand, the Russian Ministry of Finance is one step closer to providing a&nbsp;<a href="https://beincrypto.com/russia-working-to-legalize-crypto/" target="_blank" rel="noopener nofollow">comprehensive framework for cryptocurrencies</a>&nbsp;that provides clarity for investors.
The draft legislation is incredibly detailed and it is believed that the stiff sanctions imposed by Western powers may be responsible for the latest move.
<h2 id="h-women-are-flipping-the-script-in-crypto">Women are flipping the script in crypto</h2>
Men have always dominated cryptocurrency circles, but research carried out by Australian exchange, BTC Markets, has noted the&nbsp;<a href="https://beincrypto.com/more-women-investing-in-crypto-proving-superior-to-men-says-recent-study/" target="_blank" rel="noopener nofollow">turning of the tides</a>.
According to the report, female participation in the space has surged to over 172% in 12 months, while male participation hovers around 80 percent.
Even with new participants in the space, women are reportedly still making larger initial deposits than men. The report noted that women were more risk-averse than men, which impacts trading behavior, as women only traded twice daily compared to men that traded up to 5 times a day.
Their superior risk aversion has paid dividends for the women, as the data from Fidelity shows that women performed better than men by&nbsp;<a href="https://www.cnbc.com/2022/04/11/op-ed-heres-why-women-are-better-investors-than-men.html?&amp;qsearchterm=cryptocurrency" target="_blank" rel="noopener nofollow">up to 0.4%</a>&nbsp;on average. Fidelity&rsquo;s report seconded several points raised by BTC Markets and went on to note the growing amounts that women were putting into investment vehicles.
<h2 id="h-ethereum-2-0-is-upon-us">Ethereum 2.0 is Upon us</h2>
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/ca01c7eb-78b3-4f9c-5c0d-11aff38adc00/public" alt="Ethereum 2.0 is coming" width="347" height="195" />
During the week, Ethereum&rsquo;s&nbsp;<a href="https://beincrypto.com/first-shadow-fork-goes-live-on-ethereum-ahead-of-proof-of-stake-testing/" target="_blank" rel="noopener nofollow">first mainnet shadow fork went live</a>, bringing the network closer to the transition to&nbsp;<a href="https://beincrypto.com/learn/proof-of-work-explained/" target="_blank" rel="noopener nofollow">Proof-of-Stake</a>. To date, the shadow fork merge has processed over 1.5 million transactions and has an average block time of 13.8 seconds.
&ldquo;We&rsquo;re very close to a historical event. We&rsquo;re testing PoS on Ethereum. Today will be the first mainnet shadow fork ever. We&rsquo;re roughly 690 blocks (~2 h) away from TTD,&rdquo; Marius Van Der Wijden, a leading Ethereum developer shared to Twitter.
With the conclusion of the mainnet shadow fork, the devs have lined up another on the 22nd of April. The upcoming shadow fork will offer clarity regarding the timeline of the actual merge that would see the network leave the&nbsp;<a href="https://beincrypto.com/learn/proof-of-work-explained/" target="_blank" rel="noopener nofollow">Proof-of-Work</a>&nbsp;consensus mechanism behind.
<h2 id="h-jack-dorsey-s-nft-tweet">Jack Dorsey&rsquo;s NFT Tweet&nbsp;</h2>
<img src="https://coinjoy.io/cdn-cgi/imagedelivery/OtNMj63qzf5MwT9Ly9ZKHA/bb8cd50f-4d05-4a66-2279-64f9273dc100/public" alt="Dorsey's Tweet NFT" width="347" height="231" />
Jack Dorsey&rsquo;s NFT tweet that garnered $2.9 million last year, has&nbsp;<a href="https://beincrypto.com/jack-dorseys-2-9m-nft-tweet-auctioned-top-bid-reaches-280/" target="_blank" rel="noopener nofollow">failed to hit stellar numbers</a>&nbsp;after it was relisted for sale. The bids for the NFTs amounted to just 7 with the highest bid being for a paltry $280 despite having an opening bid fixed at $48 million.
The NFT was purchased in March 2021 by Sina Estavi, the founder of two cryptocurrency firms in Malaysia. Estavi stated that he would donate 50% of the proceeds from the resale to charity. Given the poor showing of the auction, Estavi noted that he &ldquo;might never sell it&rdquo;.
The poor showing of Dorsey&rsquo;s NFT tweet is a symptom of the broader decline across the NFT ecosystem, which is evident throughout Crypto Twitter. Transaction volumes in the space are down by over 80% from January while average daily prices had fallen from $6,200 to less than $2,000.

On April 9th, Elon Musk was unveiled as Twitter’s largest shareholder and was widely expected to take a place on the company’s board. However, things took a U-turn when Twitter CEO Parag Agrawal, announced that Musk would no longer be joining Twitter’s Board.  

Musk Wants Twitter, Crypto in War, ETH 2.0 Shadow Fork, Worst NFT Bid - Be[In]Crypto

Justin Sun

Happy to see #TRON is supported on @FireblocksHQ!🔥#TRX https://twitter.com/trondao/status/1528903669474725889
    

Happy to see #TRON is supported on @FireblocksHQ!🔥#TRX [twitter.com]

Watch my video collaborated with @Sothebys, talking about @apenftorg, NFT and my collections. https://twitter.com/sothebys/status/1528925810463485952
    

Watch my video collaborated with @Sothebys, talking about @apenftorg, NFT and my collections. [twitter.com]

Binance Twitter Official

Existing deposit addresses and memo on Cosmos Network $ATOM to be retired.
https://www.binance.com/en/support/announcement/9cb3bef772894710ab3f43c9d84ec01f?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
    

Existing deposit addresses and memo on Cosmos Network $ATOM to be retired.  [binance.com]

Pancake Swap

⏰ Last chance to trade DAR/BNB, CAKE/BNB, and CAKE/BUSD to increase rank and gain more prizes!
🎁 Remember: 100 Mines of Dalarnia NFTs will be rewarded to the Top 100 traders ranked by only $DAR trading volume.
👉 Go to event page and trade NOW: https://pancakeswap.finance/competition https://twitter.com/PancakeSwap/status/1528942112750059520/photo/1 https://pbs.twimg.com/media/FTfizJSaUAA9FXH.jpg:large

    

⏰ Last chance to trade DAR/BNB, CAKE/BNB, and CAKE/BUSD to increase rank and gain more prizes!   🎁 Remember: 100 Mines of Dalarnia NFTs will be rewarded to the Top 100 traders ranked by only $DAR trading volume.  👉 Go to event page and trade NOW: [pancakeswap.finance] [twitter.com] [pbs.twimg.com]

✊We must have a #stablecoin that’s not controlled by a third party outside #crypto.
🌐#USDD @usddio can be used on the #Ethereum and @BNBCHAIN blockchains through so-called bridging software.
https://www.bloomberg.com/news/articles/2022-05-22/defi-believers-never-say-die-even-after-they-see-terra-s-demise
    

✊We must have a #stablecoin that’s not controlled by a third party outside #crypto.  🌐#USDD @usddio can be used on the #Ethereum and @BNBCHAIN blockchains through so-called bridging software.  [bloomberg.com]

AxieInfinity

RT Psycheout86: Too many people compare @AxieInfinity to their favorite PC game which is ‘AAA’.
We are targetting the mobile games market which is 3X bigger.
Its all about accessability, not fidelity.
Axie games aim to be:
- fun
- easy to learn
- hard to master https://twitter.com/Psycheout86/status/1528940312738926592/photo/1 https://pbs.twimg.com/media/FTfjG2iUEAArbJX.jpg:large

    

RT Psycheout86: Too many people compare @AxieInfinity to their favorite PC game which is ‘AAA’.  We are targetting the mobile games market which is 3X bigger.  Its all about accessability, not fidelity.  Axie games aim to be: - fun - easy to learn - hard to master [twitter.com] [pbs.twimg.com]

#Binance has completed the @Ellipsisfi $EPS migration, redenomination and ticker change to $EPX.
https://www.binance.com/en/support/announcement/bab533fdba1e4b2ba21053a7668c2865?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
    

#Binance has completed the @Ellipsisfi $EPS migration, redenomination and ticker change to $EPX.   [binance.com]

The Sandbox Game

The Sandbox Monday Stream 5/23 - MECHANIQUARIUM, The Wacky Race and more! https://twitter.com/i/broadcasts/1lPKqmozWyEKb
    

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