🏴 Solana's Builder Momentum

gm Bankless Nation, Solana's builders were riding high at Breakpoint. Today, we dig into the narrative developments on Solana seeing the most action.

Solana's Builder Momentum Published on Sep 24, 2024 View in Browser gm Bankless Nation, Solana's builders were riding high at Breakpoint. Today, we dig into the narrative developments on Solana seeing the most action. Today's Issue ⬇️ ☀️ Need to Know: EIGEN Going Live EigenLayer's token is almost tradeable. 📊 Market Vibes: Crypto AI Bounce TAO dominates / TIA rating. 🧪 Analysis: Breakpoint's Builders Announcements pushing SOL forward. 📚 Learn: What We're Reading Our favorite reads of the week. Sponsor: Uniswap Extension — Say goodbye to pop-ups. Download today. Download it now on Chrome .  .  . NEED TO KNOW EIGEN Going Live 🇺🇸 EigenLayer Plans to Enable EIGEN Trading Next Week. After two phases of 'stakedrops,' it's finally almost time to see how EIGEN fares on the market. 🟣 Celestia Foundation Raises $100M. The raise led by Bain Capital Crypto comes amid a recent price run-up for TIA. 🤑 TrustToken and TrueCoin Settle with SEC. The entities behind TUSD are in hot water over alleged mischaracterizations of the stablecoin's backing. .  .  . GO BANKLESS Upgrade Your Experience Get the full Bankless premium experience – featuring exclusive content, ad-free podcasts, access to Token Hub, and more! Become a Citizen .  .  . MARKET VIBES Crypto AI Bounces Back 📸 Daily Market Snapshot: Modest gains for top tokens like ETH this week paled in comparison to the gains seen by Bittensor's TAO token, which is up 75% in the past week. TAO ecosystem developments alongside broad excitement for the AI sector amid OpenAI's recent product launches are likely powering the upward swing, which is also lifting Render's RNDR token 31% week-over-week. Prices as of 6pm ET 24hr 7d Crypto $2.26T ↗ 1.6% ↗ 8.7% BTC $63,346 ↗ 1.7% ↗ 6.8% ETH $2,654 ↗ 0.2% ↗ 13.4% TIA $6.62 ↗ 0.8% ↗ 26.7% 🟣 New Token Rating: TIA pumped 20% on yesterday’s news that the Celestia Foundation had raised $100M. Why are some fading this rally? Unlock TIA on Token Hub .  .  . ANALYSIS Building Solana's Path to Ubiquity Bankless Author: David C. Despite only running for a couple days, Solana’s Breakpoint brought the vibes. The flagship conference hosted a storm of major Solana-related announcements that fueled a number of the chain’s top narratives, all while servicing the broader claim among Solana's community that the network remains the best chain for everyday use. Let's dig into some of the top claims and see where Breakpoint's builders delivered on bolstering their narrative heft! 👇 Read More on Bankless.com FRIEND & SPONSOR: UNISWAP Say hello to the Uniswap Extension, the first wallet to live in your browser’s sidebar. Swap, sign, send, and receive crypto anywhere on the web without dealing with pop-ups. Designed for a multi-chain world, with support for 11+ networks. Download it now on Chrome .  .  . LEARN What We're Reading 🆓 Free to Use L2s - Chris Carella 🌐 Toward a More Connected Internet - Alana Levin 💸 2024 State of Web3 Grants Report - Metagov ⚖️ From Binary to Analog Prediction Markets - YB 🫡 United States of Ethereum: E Pluribus Unum - Mac Budkowski 📱 What Does Sufficient Decentralization Mean? - Dan Romero 👥 Behind the Scenes of Ethereum’s Open Coordination - Jason Chaskin Manage your account Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe