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BTC $70,220.42 -0.75%
ETH $2,152.69 -0.25%
BNB $633.47 -0.71%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $475.07 -0.58%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9443 -1.57%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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Kyle predicts that Solana's progress will surpass any period in history, becoming the on-chain cornerstone for complex financial applications

Former Multicoin co-founder Kyle Samani predicts that in the next 18 months, advancements in the microstructure of the Solana on-chain market will surpass any other period in cryptocurrency history. Notable expectations include:Alpenglow: A major upcoming consensus mechanism upgrade for Solana, representing one of the largest protocol-level changes in Solana's history.ACE (Application Controlled Execution): Application controlled execution is a key innovation in Solana's core roadmap.MCL (Multi-Concurrent Block Production): Future upgrades for Solana will allow multiple leaders to propose blocks simultaneously, significantly increasing throughput and reducing latency, while improving transaction inclusion times and censorship resistance.PropAMMs (Proprietary Automated Market Makers): Deployed privately by professional market makers/institutions, using real-time price oracles to update quotes and actively manage liquidity, typically not accepting permissionless deposits.Aggregators: Aggregators like Jupiter and Dflow aggregate liquidity from multiple DEXs, AMMs, PropAMMs, etc., to find the optimal execution path for users, providing the lowest slippage and best prices.Conditional liquidity: Prevents market makers from being front-run, allowing them to offer tighter spreads, ultimately resulting in better trade prices and deeper liquidity.Overall improvements to SVM and the scheduler: Including optimizations for compute units, asynchronous program execution (APE), scheduling algorithm upgrades, etc., making programs run faster, more resource-efficient, and supporting higher concurrency.

Viewpoint: Cryptocurrencies demonstrate structural resilience, with long-term holders becoming the cornerstone of market stability

ChainCatcher news, according to Cointelegraph, CEX.io CEO Oleksandr Lutskevych pointed out that the optimism in the cryptocurrency market has structural support. Data shows that under the dual impact of the Federal Reserve's interest rate hike in May 2022 and the LUNA collapse, the traditional stock market's fear and greed index plummeted by 82% to 4 points, while the cryptocurrency market index only fell by 62% to 8 points. During the global tariff policy adjustment in April 2025, the stock market sentiment index dropped sharply by 80%, hitting a three-year low, while the cryptocurrency market's decline was 59%.The market resilience stems from differences in investor structure: long-term holders (LTH) of Bitcoin control over 65% of the circulating supply, accumulating more than 300,000 BTC during the macro fluctuations from March to April 2024. This group views short-term volatility as noise and focuses more on Bitcoin's fixed supply and anti-inflation properties. Although the smaller proportion of short-term holders (STH) is easily influenced by sentiment, their selling pressure is offset by the accumulation trend of LTH.On-chain indicators support market health: Bitcoin's 1% order depth reached $500 million at the end of the first quarter, and cyclical indicators like the Pi Cycle Top have not yet reached top signals. Analysts believe that the unique volatility of the cryptocurrency market has reshaped investor expectations— a 20% pullback in the traditional market indicates a bear market, while in the crypto space, it may represent a healthy correction.
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