The world of crypto staking is evolving at a rapid pace, and the collaboration between Binance and Solayer has helped to bring a new innovation to the forefront—BNSOL. Officially launched as a Liquid Staking Token (LST) on the Solana blockchain, BNSOL allows to combine the strengths of Binance’s vast user base and Solayer’s advanced restaking…
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite ethereum (ETH)…
August 24, 2024 at 02:34 PM GST 2 mins read News Algorand processes 10,000 transactions per second with instant finality, offering high security and efficiency.  Charles Hoskinson sees merging Algorand with AI inference as enhancing the platform’s capabilities and positioning it in decentralized AI. Algorand’s partnerships include tokenizing real estate, dynamic inventory management for airlines,…