The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins
- Ethereum's Dencun upgrade is overshadowed by attention on Bitcoin's upcoming halving and meme coin frenzy on Solana. - Bitcoin's halving ETA is now around mid-April, accelerated by miners upgrading machines due to price surge. - Projects targeting the halving for launches and hype include Runes protocol and trading of specific Bitcoin serial numbers. - Aevo's trading volume spike partly due to users inflating volume for airdrop benefits. - Polygon Labs paid $4 million to Starbucks for its NFT-based loyalty program. - Solana's meme coin boom triggers increased activity but also transaction failures, highlighting network issues. - Ethereum's Dencun upgrade significantly reduces transaction fees on layer-2 networks. - Craig Wright ruled not to be Satoshi Nakamoto in the Crypto Open Patent Alliance trial. - Solana becomes a hub for meme coins, leading to increased usage but also network congestion and volatility.
