🔵The price of Bitcoin (BTC) decreased by 2.53%, settling at $102,355, while Ethereum (ETH) dropped by 2%, and Dogecoin (DOGE) fell by 3.2%. The biggest loser of the day was the AI16Z token, which plummeted by 22.25%.
🔵Meanwhile, Solana is strengthening its position, processing 5.05 billion transactions over the past three months compared to Ethereum’s 1.14 billion. Solana’s success is supported by growing demand for USDC, whose volume on the platform surged by 81.89% in a week.
🔵The burning of 1.63 million BNB tokens, valued at $1.12 billion, has reduced the supply to 142.47 million. Additionally, Taiwan announced plans to regulate crypto assets, including the introduction of bank-issued stablecoins by 2025.