Erik Weijers, a year ago
Last week, on March 16, the altcoin market broke out of a a months-long downtrend. Since bottoming out on February 24, the altcoin market as a whole is up over 28%. We list a few alts.
As is often the case in the crypto markets, Bitcoin moved ahead of the rest. Also in recent weeks. The king among crypto dropped to its low earlier than most alts: on January 24. On February 4, Bitcoin broke its own downward trend.
In the graph is the total market cap of all crypto minus BTC, so the value of all alts added up.
Mar 09, 2023
The Shibarium launch has been postponed a few times and the community marveled about what would happen once the launch commenced. It looks like we all are going to find out soon. The Shiba Inu team announced that the beta version will start this week. Since it is already Thursday it looks like we don’t have to wait much longer.
Mar 06, 2023
Don’t sleep on Binance Chain: it is the largest chain in terms of daily active addresses. In the final week of February, Binance unveiled their technical roadmap for 2023. Some of the areas of focus are a separate chain for data storage, increased transaction throughput and network decentralization.
Mar 01, 2023
Solana had another outage last weekend and it took over 20 hours until transactions were transmitted again. This has been one of many incidents the high-speed blockchain suffered from in the past 12 months. Another outage just happened in January but was less severe than the last crash of the network. The worst part is that the cause of the last incident is yet unknown and developers are working tirelessly to resolve the issue.
Feb 27, 2023
Solana had a difficult time after the downfall of FTX. The blockchain project was closely affiliated with SBF who was a major backer of Solana’s ecosystem. Crucial infrastructure like Serum (SRM) was depending on him. With Solana’s DeFi sector slowly recovering from that blow many community members were enthusiastic at the beginning of 2023. The price action was also more favorable but recently Solana experienced yet another setback.
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