GM 👋
We have some exciting news to share today.
Smoothie is evolving into a dedicated web3 product review platform.
Starting this week, we will discontinue the Smoothie Awards - our weekly web3 product competition.
We take immense pride in having cultivated a community passionate about launching outstanding products.
Our goal is to contribute to a more transparent and trustworthy Web3 ecosystem.
We believe focusing solely on being a reliable review site is a significant and vital responsibility.
Is Solana the ETH killer?
recording a 24-hour DEX volume of $1.475 billion, compared to Ethereum's $1.164 billion.
Solana's DEX volume surged by 52.75% over the week, while Ethereum's decreased by 8.60%.
This trend wasn’t isolated to Solana, as most blockchain DEX volumes, like Avalanche, also saw substantial increases - Avalanche by 98.86%.
Solana's growth is primarily driven by its low transaction fees and a series of anticipated airdrops.
These factors have contributed to its increasing popularity among DEX users.
In November 2023 saw a 19% increase in active gaming wallets, reaching 1.3 million.
This growth highlights the expanding interest and engagement in blockchain-based gaming.
Solana: a Layer 1 chain with key features:
Solana synchronizes time on the blockchain, ensuring agreement among all computers in the network. Unlike Bitcoin and Ethereum.
Also referred to as Proof of History.
Banking should be global and available 24/7, multi-asset, and customisable, while remaining secure. We empower businesses with limitless banking
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This is a special newsletter. Every week, we deconstruct the best crypto trends and share those insights with you.