Phillip Chen appointed Proof of Workforce to drive Bitcoin initiatives in California. Proof of Workforce aims to enhance community engagement and education on Bitcoin. Continue Reading: California Councilman Appoints Proof of Workforce to Propel Bitcoin Initiatives The post California Councilman Appoints Proof of Workforce to Propel Bitcoin Initiatives appeared first on COINTURK NEWS .
The crypto market is buzzing with activity as Solana price surges past $200, signaling renewed investor confidence. Meanwhile, Arbitrum price shows modest gains, reflecting its steady role in Ethereum scaling. However, a lesser-known contender, Web3Bay (3BAY), is quietly stealing the spotlight with a practical approach that transcends speculation. While Solana benefits from ETF optimism and Arbitrum refines layer-2 scaling, Web3Bay focuses on reshaping e-commerce with blockchain-powered solutions. In a market crowded with speculative tokens, Web3Bay(3BAY) delivers a tangible use case: transforming global e-commerce. It’s not just another blockchain project; it’s a solution for businesses and consumers alike, bridging traditional finance and cryptocurrency. Investors searching for meaningful growth opportunities in 2025 might find Web3Bay more compelling than both Solana and Arbitrum. Web3Bay: Transforming E-Commerce with Blockchain Web3Bay is making headlines as the next big disruptor in the e-commerce industry. By integrating blockchain technology into its core operations, Web3Bay is eliminating the inefficiencies of traditional platforms, including high fees and lack of transparency. Instead, it offers users a decentralized, secure, and cost-effective way to engage in online shopping. Central to its ecosystem is the 3BAY token, which enables crypto payments and grants users perks like a 5% discount on purchases and community-driven governance. The presale for Web3Bay has already garnered immense attention, raising over $830,000 and selling more than 220 million tokens. Currently priced at just $0.0045626, the token’s affordability and projected launch price of $0.1959 make it a lucrative opportunity for early investors. With plans to expand into decentralized storage, multi-chain compatibility, and Layer-2 scaling for fast transactions, Web3Bay is well on its way to reshaping global commerce. As Web3Bay expands and adoption increases, the demand for 3BAY is set to skyrocket. By acting now, investors can lock in tokens at their lowest price, well ahead of the next price jump and the growing attention of the broader market. Solana Price Crosses $200 Mark Again As of January 17, 2025, Solana (SOL) is trading at $213.40, reflecting a 5.10% increase from the previous close. The intraday high reached $216.36, with a low of $198.74. The Solana price has been positively influenced by the anticipation of regulatory approval for Solana-based exchange-traded funds (ETFs). Industry experts suggest that the pro-crypto stance of the current U.S. administration may facilitate the approval of these ETFs, potentially attracting significant institutional investments. Analysts project that, upon approval, Solana ETFs could draw substantial investments, further boosting the Solana price.This development underscores the growing confidence in Solana’s ecosystem and its potential for mainstream adoption. Arbitrum Price Sees Modest Uptick Amid Market Fluctuations Arbitrum, an Ethereum layer-two scaling solution, utilizes optimistic rollups to enhance transaction speed and reduce costs. Arbitrum’s native token, ARB, is trading at approximately $0.7820, reflecting a 1.31% increase from the previous close. The token’s intraday performance has seen highs of $0.7871 and lows of $0.7499, indicating moderate volatility. Over the past week, ARB has experienced a 9.32% decline, aligning with broader market trends. Despite this downturn, the 24-hour trading volume has reached $235.32 million, suggesting sustained investor interest. The current market capitalization stands at approximately $3.11 billion, with a circulating supply of 4.21 billion ARB tokens. Takeaway While Solana price climbs on ETF optimism and Arbitrum price steadies amid market fluctuations, Web3Bay (3BAY) is building a foundation for lasting impact. Solana benefits from its thriving ecosystem, and Arbitrum enhances Ethereum’s scalability, but Web3Bay addresses everyday challenges in global commerce—fees, speed, and transparency. This focus on utility positions Web3Bay as more than just an investment; it’s a bridge between blockchain and real-world applications. The platform’s presale performance speaks volumes, with $830,000 raised , over 220 million tokens sold , and an attractive price of $0.004562625 . A projected launch price of $0.1959 signals significant upside for early investors. Features like NFT integration, decentralized governance, and seamless multi-chain functionality make Web3Bay a standout. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ The post Solana Price Hits $200, Arbitrum Gains Traction, but Web3Bay’s $0.00456 Token Could Be 2025’s Biggest Winner appeared first on TheCoinrise.com .
More stablecoins sent to exchanges means there is more buying power in the market - A bullish development.
Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight in the decentralized exchange (DEX) market. This impressive rally has positioned Raydium as a market leader, with strong momentum that shows no signs of slowing down. The cryptocurrency recently cleared last year’s high, a significant milestone that further bolsters its bullish outlook. Related Reading: Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target Top analyst BigCheds shared insights into Raydium’s performance, highlighting its relative strength in the market. According to BigCheds, the token’s ability to outperform in a volatile environment signals strong demand and solidifies its position as one of the top-performing DEX tokens. This bullish momentum is drawing increased attention from traders and investors who see the potential for even greater gains in the near term. Raydium’s breakout above last year’s high is a significant technical achievement, paving the way for further upward movement. With market sentiment turning increasingly positive and Raydium showcasing resilience and strength, the DEX is well-positioned to capitalize on its recent momentum. As it continues to outperform, many are watching closely to see just how high Raydium can go in this bullish phase. The coming days will be crucial for determining its next big move. Raydium Reaches Multi-Year Highs Raydium has made a significant move, breaking above the $6.5 mark just a few hours ago and continuing to push higher as the cryptocurrency market gains momentum. This breakout signals strong bullish sentiment for the token, as both technical and fundamental factors align to support further price appreciation. As the leading decentralized exchange (DEX) on Solana, Raydium’s growth and dominance within the ecosystem further bolster its long-term potential. Top analyst Cheds recently shared a technical analysis on X, emphasizing Raydium’s relative strength compared to other altcoins. According to Cheds, RAY’s ability to outperform in a volatile market environment highlights the strong demand driving its rally. The token’s decisive move above key supply levels is a bullish indicator that could pave the way for significant gains in the coming days. Beyond technicals, Raydium’s fundamentals remain robust, contributing to its strong performance. The DEX has cemented itself as a critical component of the Solana ecosystem, providing liquidity and facilitating seamless trading for a wide range of assets. Its expanding user base and consistent innovation reinforce investor confidence, making it a top choice for traders and liquidity providers alike. Related Reading: Dogecoin Leads The Pack As Dog-Themed Coins Rally – “Trump Effect” Sparks Excitement As Raydium builds on its momentum, clearing critical price levels and pushing higher, many investors are now targeting even loftier price points. If the market continues to heat up and RAY maintains its relative strength, the potential for a massive rally becomes increasingly likely. With its strong fundamentals and bullish technical outlook, Raydium is well-positioned to capture further gains, making it one of the most exciting altcoins to watch in this current market cycle. The coming days will be pivotal in determining how far RAY can go in this bullish phase. RAY Breaking Above Key Levels Raydium is currently testing levels not seen since 2022, signaling a remarkable resurgence in its price action. The token’s strong momentum suggests it is primed for further gains, with bullish sentiment dominating the market. However, a potential retest of the $6.5 level could be on the horizon, providing an opportunity for consolidation before the next leg up. As of now, RAY is holding above the critical $6.70 mark, a level that solidifies bullish control. Maintaining this support is crucial, as it underscores market confidence and sets the foundation for continued upward movement. If bulls can defend this level, the next logical target for RAY would be the $7 mark—a key psychological and technical resistance that, once cleared, could pave the way for even greater gains. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors – Sign Of Strength? Market sentiment around Raydium remains optimistic, with both technical indicators and fundamentals aligning to support its bullish trajectory. As the leading decentralized exchange (DEX) on Solana, RAY continues to benefit from strong utility and growing adoption, further reinforcing its appeal to investors. Featured image from Dall-E, chart from TradingView
What’s igniting excitement in the blockchain scene today? The recent Celestia upgrade has drastically reduced block times, effectively doubling the network’s efficiency and data handling capabilities. Concurrently, bullish trends in Render’s pricing emerge as its transition to Solana introduces enhanced functionalities. Amidst these developments, BlockDAG is making waves with a revolutionary approach. Through its collaboration with HackerEarth, BlockDAG (BDAG) is set to mobilize more than 10,000 developers and launch over 200 projects aimed at tackling blockchain scalability issues. This movement marks a shift towards practical, real-world applications and establishes BlockDAG as a formidable force in defining the future of blockchain technology. As new major players in the crypto market take the stage, don’t miss your chance to engage with innovations that could echo the early triumphs of Ethereum. BlockDAG’s Hackathons Pave the Way for Scalable Blockchain Solutions BlockDAG is stepping up like major crypto players such as Ethereum and Solana by partnering with HackerEarth. This collaboration is poised to revolutionize blockchain scalability by drawing over 10,000 developers into a series of global hackathons. The goal is to deploy over 200 projects within the BlockDAG network, offering viable solutions for decentralized finance, infrastructure, and governance challenges. The scope and concentration of these hackathons underline BlockDAG’s dedication to cultivating a robust crypto ecosystem. Central to these initiatives is the adoption of advanced technologies like the Phantom and GhostDAG protocols, which are set to enhance transaction speed and efficiency significantly. These hackathons will bring BlockDAG into collaboration with gifted developers worldwide, promoting breakthroughs that might parallel Ethereum’s formative growth. Smaller, specialized hackathons further showcase BlockDAG’s adaptability and commitment to meeting niche industry demands. BlockDAG’s presale figures underscore its burgeoning potential. Having raised over $182 million and sold 17.9 billion units, early participants have witnessed a staggering 2380% increase in value, with each unit currently priced at $0.0248. This offers a thrilling opportunity for newcomers to join a rapidly growing ecosystem that’s quickly gaining recognition as a major upcoming crypto force. This venture is not merely about expansion—it’s about making a significant impact. By fostering applications and decentralized projects that address real-world needs, BlockDAG is positioning itself as a leader in the blockchain arena. The forthcoming opportunities could profoundly influence the future of Web3 technologies. Celestia’s Speed Boost Unleashes New Capabilities The latest update to Celestia has dramatically reduced block times from 30 to 15 seconds, doubling the network’s capacity for handling data. This significant enhancement boosts transaction efficiency, making Celestia an even more attractive platform for developers in search of scalable solutions. Furthermore, this upgrade prepares the ground for future enhancements, such as expanding block sizes to 1 gigabyte, a move that could place it in competition with major transaction processors like Visa in terms of capacity. As of January 2025, Celestia’s native asset, TIA, is valued at $5.07, holding a market capitalization of $715.75 million. Despite a recent 7-day decrease of 6.69% in value, TIA’s trading volume of $149.39 million suggests sustained interest. With the upgrade unlocking numerous possibilities, Celestia is on a trajectory for significant growth, especially as the adoption of modular blockchain solutions continues to spread across various sectors. Render’s Price Outlook and Solana Switch Fuel Momentum Recent forecasts for Render indicate a promising growth outlook, propelled by its transition to the Solana network. This strategic shift drastically cuts transaction costs and boosts overall network performance, positioning Render as a scalable solution for intensive rendering demands. Integration with AI tools and services like Cinema 4D and Redshift expands its allure, particularly within the creative sectors. As of January 2025, Render’s currency, RNDR, is priced at $6.82, with analysts predicting potential peaks between $14.32 and $20.25 during this cycle. Longer-term forecasts suggest a price range of $50 to $80, buoyed by recent technological advancements and strategic alliances. With these predictions and increasing adoption, RNDR is poised to maintain its essential role in decentralized GPU computing, particularly as the fusion of AI and blockchain technologies gathers pace. The Bottom Line The recent Celestia update has halved block times and doubled the network’s data capacity, positioning TIA as a strong contender in the market, currently priced at $5.07 with a market cap of $715.75 million. Likewise, optimism surrounds Render, with RNDR trading at $6.82 and price targets ranging from $14.32 to $20.25 for this cycle. Yet, it’s BlockDAG that’s taking the most ambitious strides. Through its partnership with HackerEarth, BlockDAG is set to mobilize 10,000 developers to launch over 200 projects aimed at tackling blockchain scalability issues. With BDAG priced at just $0.0248 and early backers already seeing gains of 2380%, BlockDAG is rapidly emerging as a top crypto in the crypto market. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Over 200 Projects Set to Launch: BlockDAG & HackerEarth Alliance Soars with Updates on Celestia & Render appeared first on TheCoinrise.com .
An influential crypto analyst has made a bold prediction: RCO Finance (RCOF) , a Dogecoin killer, will achieve a 100x rally in the coming weeks. This ambitious prediction has caught the attention of savvy investors, especially those seeking quick gains. Priced at just $0.07 during its presale, RCO Finance’s innovative AI-driven ecosystem and real-world utility make it a prime candidate to surge to $3. Unlike meme-driven tokens like Dogecoin, RCOF offers tangible value and cutting-edge features, positioning it as a game-changer in the market. 100x Prediction: What’s Driving this Dogecoin Killer’s Growth? This top analyst’s prediction of a 100x rally for this Dogecoin killer is grounded in key factors that distinguish it from speculative assets like DOGE . There’s a notable shift in investor sentiment towards altcoins offering more tangible value. Newer altcoins are focusing on innovation and utility, integrating advanced technology and offering real-world applications. This Dogecoin killer, for instance, offers advanced AI trading tools and has integrated real-world assets to cater to changing investor demands. This focus on utility and tangible value positions this Dogecoin killer ahead of the pack, making it a more reliable asset than memecoins. The growing interest in AI technologies and their applications in finance is reshaping investor preferences. As more traders recognize the potential of AI-powered platforms to deliver superior investment strategies and insights, this Dogecoin killer is well-positioned to capture this demand and drive further adoption. Still in its presale stage, this Dogecoin killer offers a high ROI. Early adopter can capitalize on its low entry prices and maximize their returns as the altcoin gains traction. RCO Finance: The Dogecoin Killer Set to Rise From $0.07 to $3 RCO Finance’s potential for a 100x rally lies in its robust ecosystem, which combines AI technology with practical utility. This altcoin blends AI, DeFi and blockchain technology to transform the investing experience, making it more user-centric and efficient. This technology provides users with unparalleled insights, predictive modeling, automated trading, and personalized investment guidance, allowing you to make smarter decisions and improve your outcomes. These benefits are delivered through its suite of AI-powered trading tools, such as the robo-advisor. This tool provides personalized support to help you achieve your goals. It analyses market data to create personalized investment and trading plans based on your preferences. By factoring in your financial targets, investment timelines and risk appetite, it can help you create a portfolio you are comfortable with. If you want quick gains and are open to taking on more risk, it can curate a list of high-risk but high-reward assets and vice versa. This personalization is a game changer and ensures every user benefits. It offers access to educational resources, allowing beginners to increase their knowledge and skills. For seasoned users, it offers advanced insights and additional tools you can customize to fit your specific needs. This combination of comprehensive learning materials and sophisticated analytics empowers all users to make informed decisions and achieve their financial goals. The RCO Finance platform offers access to over 120,000 assets across various classes, including traditional stocks and tokenized real-world assets. This diverse asset range makes it easier for investors to upgrade and diversify their portfolios. It reduces the capital needed to buy these high-value assets because users can buy fractions of these tokenized assets. This versatility attracts investors seeking comprehensive investment opportunities beyond typical cryptocurrencies. RCO Finance has implemented a strategic tokenomics model that allocates a significant portion of its tokens for public sale. This approach ensures liquidity and aims to prevent volatility, fostering a stable environment conducive to long-term growth. Such measures enhance investor confidence and create a favorable landscape for price appreciation. RCO Finance’s ecosystem has undergone a comprehensive SolidProof audit , ensuring transparency and security. This instills confidence among investors, particularly those seeking trustworthy projects. Don’t Miss RCOF’s 100x Opportunity As highlighted by a top analyst, RCO Finance offers a rare opportunity to achieve 100x returns, rising from $0.07 to $3 in weeks. Unlike Dogecoin, whose value is based on hype, RCOF offers tangible value with its AI-driven features and real-world asset integration. If you want to capitalize on RCOF’s 100x growth opportunity, joining the presale allows you to buy tokens at their lowest price. At just $0.07, you can buy more tokens, maximize your gains and be part of the next crypto success story. Early birds also get a 25% bonus and access to RCOF’s features. Don’t wait. Seize this opportunity and invest in RCO Finance today. For more information about the RCO Finance (RCOF) Presale: Visit RCO Finance Presale Join The RCO Finance Community
Best New Meme Coins to Join for Long Term: BTFD Engages with Bulls Squad as MOG and APU Shape The Future of MemeVerse with Utility Let’s face it, crypto is no stranger to reinvention. One trend shaking things up lately is the rise of Bulls Squad—projects that rally communities and drive utility in ways that traditional coins simply can’t. These squads bring together loyal holders and inject new energy into the ecosystem, particularly with projects tied to gaming, rewards, and meme culture. If you’re after a coin with serious staying power, you’ve got to consider how its squad delivers on both innovation and engagement. Now, who doesn’t love a good underdog story? Meme coins have been the heart and soul of crypto’s most unexpected successes, with coins like Dogecoin and Shiba Inu making waves over the years. They’ve proven that a dash of humor, mixed with a strong community, can translate into big gains. But the meme game is changing. New players like BTFD Coin (BTFD), Mog Coin (MOG), and Apu Apustaja (APU) are rewriting the rulebook with bold utilities and killer presales. BTFD Coin, in particular, is catching everyone’s eye. Not just for its presale buzz (more on that later), but for its Bulls Squad—a unique initiative blending staking, P2E gaming, and community-driven rewards. If you think meme coins can’t innovate, BTFD is here to prove you wrong. Ready to dive in? Let’s break it all down. BTFD Coin: Bulls Squad, Presale Perks, and Beyond BTFD Coin has smashed onto the scene like a bull in a china shop—unstoppable and ready to charge. With over $5.1 million raised so far and more than 64 billion coins sold across 8,600 holders, its presale is dominating headlines. Starting at just $0.000004, the coin’s price has climbed to $0.000142 in Stage 13, with a post-presale listing set at $0.0006. This isn’t just a hype train—it’s a freight train of value. What sets BTFD apart? It’s all about the Bulls Squad , a community-first initiative combining staking rewards and P2E gaming. Picture this: you’re not just holding your coins—you’re putting them to work in a gamified ecosystem where strategy and loyalty pay off big time. Whether you’re a hardcore gamer or a casual crypto enthusiast, the Bulls Squad has something for you. And let’s not ignore the presale perks. Early buyers snag more BTFD for less, setting them up for significant profits when the coin hits exchanges. Let’s crunch the numbers: if you drop $35,000 on BTFD at $0.000142 in Stage 13, you’ll bag roughly 246 million coins. When the price hits $0.0006 post-presale, that’s a whopping $147,600. Talk about a glow-up. Mog Coin: The Feline Phenomenon If you thought cats only ruled the internet, think again. Mog Coin is staking its claim in the crypto world, and it’s doing so with a wink and a purr. This feline-inspired meme coin has built a loyal following, drawing in investors who appreciate its quirky branding and potential for long-term growth. Mog isn’t just a cute face, though. Behind the whiskers lies a robust roadmap that emphasizes community involvement and sustainability. Its developers are focusing on reducing environmental impact while delivering tangible value to holders. That’s a fancy way of saying Mog is here to stay—and it’s not just for cat lovers. What makes Mog particularly appealing is its simplicity. Unlike coins that try to do too much, Mog sticks to its core mission: rewarding its holders through consistent growth and strategic burns. Every transaction boosts the coin’s value, which means early adopters are likely to see juicy returns. And with its active social media presence, Mog has a knack for staying top of mind in a crowded market. For Aussies and Kiwis, Mog Coin feels like the laid-back mate who always has your back. It’s not trying to outshine everyone else—it’s just doing its thing, and it’s doing it well. If you’re keen on a meme coin that balances fun with fundamentals, Mog might just be the cat’s pajamas. Apu Apustaja: The Underdog With a Plan Let’s talk about Apu Apustaja, the cheeky meme coin named after the beloved “helper” meme that’s been making rounds for years. Apu may have started as a humble internet joke, but its crypto iteration is anything but small-time. APU is built around the idea of lending a hand—not just in its community but in the broader crypto landscape. It aims to be the coin of choice for newcomers, offering easy access, educational tools, and a welcoming vibe that’s often missing in the space. But don’t mistake its kindness for weakness. APU’s presale has been quietly building momentum, with developers touting plans for integration into P2E games and NFT marketplaces. Imagine owning a meme coin that’s fun, functional, and focused on the future. That’s Apu for you. What really makes Apu stand out, though, is its accessibility. It’s designed to be idiot-proof, so even your tech-averse mate could jump in. And with its modest starting price, APU is perfect for those who want to dip their toes into crypto without breaking the bank. If you’re after a coin that’s all about the good vibes, APU is calling your name. How to Join the BTFD Coin Presale Joining the BTFD Coin presale is as easy as pie. Head to the presale page , connect your wallet (MetaMask, Trust Wallet—whatever tickles your fancy), and enter the amount of $BTFD you want. Review, confirm, and boom—you’re in the game. Don’t sleep on this one. With only three stages left and a final listing price of $0.0006, the window to maximize your investment is closing fast. Conclusion: The Next Wave of Meme Coin Greatness Based on our research and market trends, it’s clear that BTFD Coin, Mog Coin, and Apu Apustaja are leading the charge in the next generation of meme coins. From BTFD’s Bulls Squad to Mog’s steady-as-she-goes approach and Apu’s community-first ethos, there’s something here for every kind of investor. Whether you’re looking to stack gains, join a thriving community, or just have a bit of fun, these coins are worth a closer look. Don’t let the opportunity slip through your fingers—join the BTFD Coin presale now and secure your spot in what could be one of the biggest success stories of the year. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Crypto traders have quickly capitalized on the launch of Official Trump (TRUMP), a Solana-based memecoin introduced by U.S. President-elect Donald Trump. Unveiled on Jan. 17, just before Trump’s inauguration as the 47th president, TRUMP reached a market cap of nearly $9 billion within hours, surpassing popular memecoins like Pepe and Bonk. “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR TRUMP NOW,” Trump announced on Truth Social and X. While some in the crypto community questioned the authenticity of the project, a source close to Trump’s family confirmed to Cointelegraph that the initiative is legitimate and ties into his existing NFT ventures. A surge of trades underscored the token’s rapid rise. Blockchain analytics firm Lookonchain reported that a wallet named “LeBron” turned a $1 million investment into over $2 million by acquiring 4.52 million TRUMP tokens shortly after launch. Another trader made $70 million in under four hours, converting an initial $1.1 million investment into significant profits by selling 1.35 million TRUMP for 3.65 million USDC while keeping additional tokens valued at $67.5 million. Pseudonymous trader 0xsun also saw substantial gains, purchasing nearly 1 million TRUMP tokens with 3,000 Solana (worth $653,000) and later selling part of their holdings for $812,000, netting over $3.7 million in profit. Whales joined the frenzy as well, with one withdrawing 61,205 SOL, valued at $14.3 million, to purchase 1.27 million TRUMP tokens. Another whale spent 8.5 million USDC to acquire 1.03 million tokens at an average price of $8.28. At the time of writing, TRUMP traded at $18.82 with a market cap of $4.28 billion, a 10,222% increase since launch. The project’s website details a total supply of 1 billion tokens, with 200 million unlocked at launch and the remainder distributed over three years.
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.
The Solana blockchain is facing an important decision. Recently, the community started discussing a new plan to reduce inflation, aiming at the network’s long-term stability. The proposal suggests lowering the annual inflation rate from 5.7% to 1.5%. While this plan seeks to reduce inflation and enhance stability, it has led to mixed reactions, especially from stakers who worry about how it will affect their rewards. Solana Community Proposal Sparks Mixed Reactions From Stakers The Solana blockchain is known for processing many transactions quickly and at low costs. It uses an inflationary model, creating new tokens yearly to reward stakers who help secure the network. This encourages more people to stake their tokens, which improves the network’s decentralization and security. However, as the network grows, the increasing number of tokens raises concerns about inflation. This could reduce the value of Solana (SOL) tokens over time. Meanwhile, the proposal has received mixed reactions from the Solana staking community. Some stakers believe that reducing inflation is necessary to protect the value of their assets. Many stakers are worried that the proposed reduction could lower staking rewards. As the community discusses and improves the proposal, it’s clear that Solana is trying to find a balance between controlling inflation and keeping strong incentives for its growing network of participants. The final decision will likely affect the blockchain’s economic model for many years. IMF Predicts Global Inflation Drop to 3.5% As reported by TheCoinRise, the International Monetary Fund projects that inflation will fall to 3.5% by the end of 2025 , down from a peak of 9.4% in 2022. “The battle against inflation is almost won,” Pierre-Olivier Gourinchas, IMF’s Chief Economist, stated last year. “The global economy has shown resilience, and we expect growth to hold steady at 3.2% for the next two years.” This stabilization in inflation would bring potential benefits such as reduced living costs and lower interest rates. Notably, the benefits could positively impact cryptocurrencies and tech stocks. Despite the encouraging inflation outlook, Gourinchas warned that geopolitical tensions and other global uncertainties could pose economic risks . However, the IMF called for a policy triple pivot to stabilize interest rates, reduce government spending, and implement reforms to boost productivity. Solana Becomes a Leading Blockchain for New Developers Due to its excellent performance, Solana has recently become the talk of the DeFi market . Since 2016, Ethereum has been the best DeFi development network for new developers, but Solana’s recent network reports have hijacked the mantle. While Solana now holds over 7,625 new developers, surpassing Ethereum, analysts are positive that this could further brighten its price sentiment. The post Solana Community Mulling Ways to Lower Inflation Rate appeared first on TheCoinrise.com .