Since September 5, trading volumes on DEX (decentralized exchanges) of the Solana network have increased by 7%, demonstrating that interest in using the blockchain remains strong.
Furthermore, the total value locked (TVL) in SOL has grown by 11% in the last month, now reaching 36 million SOL.
This increase in activity not only highlights the importance of Solana as a smart contract and DEX platform, but also suggests that developers and investors continue to see the network as a promising environment for innovation and value creation.
The rapid growth of decentralized applications (dApp) on Solana is another indicator of this bull trend.
This technological solution is designed to improve the efficiency of transactions, reducing costs and increasing speed compared to the main Ethereum blockchain.
Thanks to Base, Coinbase Wallet users can benefit from a smoother and more convenient experience, further encouraging the adoption of USDC.
The choice to use this infrastructure to distribute rewards demonstrates Coinbase’s commitment to integrating cutting-edge technology to improve its services.
The integration with external wallets offers several benefits:
- – Instant payments: transactions occur without having to manually move funds.
- – Reduction of errors: by eliminating manual transfers, the risk of sending cryptocurrencies to incorrect addresses is lowered.
- – Facilitated access: users can manage their assets directly from their preferred wallet, without having to resort to intermediaries.
This solution is particularly useful for those who make frequent payments in cryptocurrencies, making the use of Oobit more fluid and immediate.
The 1.3% of the portfolio in Bitcoin suggests that, while recognizing the role of BTC as a store of value, Zhao has chosen to allocate only a small part of his capital to it.
BTC is often considered the safe haven of the crypto sector, with a market capitalization higher than any other cryptocurrency.
This choice could be interpreted as a minimal diversification strategy, maintaining an exposure to Bitcoin without however diverting most of its resources from BNB.
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