In the ever-evolving world of cryptocurrencies, two names have recently been making waves: Solana and Rebel Satoshi. While Solana witnesses an unprecedented surge in inscriptions, Rebel Satoshi is gearing up to redefine the meme coin landscape. Let’s delve into these intriguing developments.
Solana’s Inscription Explosion
Solana, a leading smart contracts platform, has recently been the talk of the crypto town. As of December 17th, the platform recorded a whopping total of over one million inscriptions. To put this in perspective, a staggering 287,000 inscriptions were minted on December 16th alone, overshadowing previous records.
These inscriptions, akin to Bitcoin Ordinals, embed data directly onto the blockchain. They serve as a foundation for crafting unique digital assets such as non-fungible tokens (NFTs) and decentralized applications (dApps). With Solana’s introduction of the SPL-20 token standard, inspired by Bitcoin’s BRC-20s, the network has seen over 66,000 SPL-20 i
ARAX Holdings acquires 20% stake in the Nemesis’ blockchain-based metaverse
ARAX Holdings Corp, a prominent name in the digital asset management world, announced on Dec. 5 that it…