Solana is a high-speed, low transaction fee blockchain platform used for creating dApps (decentralized applications), NFTs, DeFi, and other Web3 projects.
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3. Advantages:
Very fast: Solana is capable of processing over 65,000 transactions per second (theoretically).
Cheap: The transaction fee is less than $0.0001.
Proof of History (PoH): A unique technology of Solana that facilitates synchronizing time within the blockchain and increases speed.
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4. The role of the SOL token:
Used as payment (gas fee) for transactions within the network.
Can be staked—meaning locking up SOL tokens to receive rewards.
Also used as a utility service token within some dApps.
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5. Disadvantages:
Occasional network outages have been observed.
Some consider it to be very centralized—since the number of validators is not particularly high.
#USStablecoinBill "US Stablecoin Bill" — This is a proposed or drafted piece of legislation in the United States aimed at regulating the stablecoin (stable cryptocurrencies) market.
A stablecoin is a cryptocurrency whose value is typically pegged to the US dollar (or another fiat currency) (e.g., USDT, USDC).
The US Stablecoin Bill generally includes the following:
1. Licensing requirements for stablecoin issuers — Not everyone can issue stablecoins; a permit will be required.
2. Transparency of reserve assets — It must be proven that there are real dollars (or assets) backing each issued stablecoin.
3. Oversight at the federal and state levels — The US government and/or the Central Bank will oversee stablecoins.
4. Consumer protection — Protecting users from fraud and risky tokens.
#MarketPullback "Market pullback" — this is a short-term retreat or decline in prices in the market (for example, stocks, crypto, currency market), but it does not yet indicate a change in the trend (direction).
In simple terms:
If prices are rising, they will slightly decline — this is a pullback;
This usually occurs as profit taking or a temporary correction;
The main trend continues, but the price takes a short-term "break".
Today I updated my crypto portfolio. Previously, I only had Bitcoin ($BTC), but now I've added Ethereum (ETH) and Arbitrum (ARB) as well. I want to hold ETH for the long term, as it is the foundation of many projects. ARB is on a new trend and is developing rapidly. Additionally, I've added a little USDT for security. I'm holding 40% BTC, 30% ETH, 20% ARB, and 10% USDT in my portfolio. I believe this balance will bring good profits in the coming weeks. The current market condition looks positive, so I will keep a close eye on the portfolio. #BTC
$BTC Bitcoin ($BTC ) is currently trading around $96,000 and continues to demonstrate stability in the market. Many investors believe that it could reach new highs in 2025. Interest in BTC is growing due to increased demand for digital assets and the approval of ETFs in the USA. I believe that $BTC will remain the leading cryptocurrency in the coming years.
Subscribe to see how I invest! I updated my crypto portfolio by adding Ethereum (ETH), Solana (SOL), and Polygon (MATIC). I believe these projects have great potential in the future. Ethereum remains a leader in DeFi and NFTs, while Solana shows high speed and low fees. I also hold some USDT for stability. In the coming months, I plan to watch the market and gradually increase my investments.
With the latest update of the Apple Wallet app, users can now store, send, and receive major cryptocurrencies through their iPhone. This change signifies Apple's official entry into the crypto space.
Before participating in an airdrop, verify the project's legitimacy. Review information about the official website, social media (Twitter, Telegram, Discord), and community members. If there is no clear information about the project or it seems suspicious, it is recommended not to participate.
2. Never share your private keys
Never give your private keys or seed phrase to anyone. Official airdrops only ask for your wallet address, which is considered safe.
3. Create a separate wallet
Create a new wallet that is separate from your main funds for participating in airdrops. This protects your main funds in case the airdrop is fraudulent.
4. Be cautious of phishing links
To avoid being deceived by fake websites and phishing links, verify official sources. Carefully examine URL addresses and do not open links sent from unknown sources.
5. Do not touch suspicious tokens
If unknown or suspicious tokens appear in your wallet, refrain from transferring, selling, or confirming them. These tokens can potentially harm your wallet.
6. Regularly check wallet permissions
After participating in airdrops, check the permissions granted to your wallet. Use tools like Revoke.cash to remove unnecessary permissions.
7. Avoid airdrops that require payment
If an airdrop requires an upfront payment to participate, it may be fraudulent. Official airdrops are usually free.
Before participating in an airdrop, verify the legitimacy of the project. Review information about the official website, social media (Twitter, Telegram, Discord), and community members. If there is no clear information about the project or it seems suspicious, it is recommended not to participate.
2. Never Share Your Private Keys
Never share your private keys or seed phrase with anyone. Official airdrops only ask for your wallet address, which is considered safe.
3. Create a Separate Wallet
Create a new wallet that is separate from your main funds to participate in airdrops. This protects your main funds in case the airdrop is fraudulent.
4. Be Cautious of Phishing Links
To avoid being tricked by fake websites and phishing links, verify official sources. Carefully check URL addresses and do not open links sent from unknown sources.
5. Avoid Suspicious Tokens
If unknown or suspicious tokens appear in your wallet, refrain from transferring, selling, or confirming them. These tokens could harm your wallet.
6. Check Wallet Permissions
After participating in airdrops, review the permissions granted to your wallet. Use tools like Revoke.cash to remove unnecessary permissions.
7. Avoid Airdrops That Require Payment
If an airdrop requires an upfront payment to participate, it may be fraudulent. Official airdrops are usually free.
An airdrop is a campaign to distribute new tokens of cryptocurrency projects for free, typically conducted to attract users' attention, expand the community, or promote the project. Participants usually take part in the following types of airdrops:
Standard airdrop: Tokens are received by completing simple tasks such as subscribing on social media or recommending the project to friends.#BTSUSDT