CoinGecko: Solana became fastest blockchain amid meme coin craze

Solana proved to be the fastest among major blockchains, according to a report by CoinGecko. The report states that on April 6, the average daily number of transactions per second (TPS) reached a record high of 1,504 amid the boom of meme coins on Solana. “This makes Solana 46 times faster than Ethereum and more than five times faster than Polygon, which...

Why is crypto down today? A stablecoin shift appears on the horizon

The global cryptocurrency market is witnessing correction with some investors shifting focus to stablecoins. According to data provided by CoinGecko, the total crypto market cap slipped by 04% in the past 24 hours — falling from $2.38 trillion to $2.34. The global daily trading volume, however, increased by 27%, surpassing the $52 billion mark. Global crypto market cap –...

CoinGecko: Crypto market capitalization surged 64% in Q1

CoinGecko experts published a report on the crypto market for the first quarter, noting the growth in sector capitalization. In the first quarter, the crypto market showed growth, according to a CoinGecko report. The segment’s capitalization grew by 64.5%, reaching a peak of $2.9 trillion in March. In total, capitalization increased by $1.1 trillion. The report indicates that this...

Biden, Trump meme coins are on wildly different trajectories

A meme coin parodying President Joe Biden is up almost 271% over the last 30 days. Meanwhile, digital assets tied to former President Donald Trump — scheduled to appear in criminal court Monday, April 15 — are plummeting in value. Sales volumes for non-fungible tokens (NFTs) on Ethereum hit $536 million in the last 30 days, according to...