This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more.
The Solana blockchain has been, so far, one of the strongest performers of this bull cycle, with network activity and integrations surging despite past outages and technical challenges.
According to data from Hello Moon, the network saw a record 55 million new addresses created between March and April, thanks to the memecoin frenzy and growing activity from decentralized applications such as DePINs.integrated its stablecoinSimilarly, the interoperability protocol LayerZero included Solana on its network of more than 70 chains on the same day.
Solana’s growth is not without challenges. Concerns over the network’s resilience after a series of outages still persist around the ecosystem. According to its foundation, a full version of the Firedancer upgradeAlong with Solana’s comeback, this week’s Crypto Biz also explores BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more.
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