Crypto Market Highlights: Cardano, Solana, and Arkham Exchange Updates
Cardano Price Dips Amid Network Bug Concerns
Cardano’s price saw a 3% decline on Saturday, driven by market concerns following the discovery of a network partition bug. The exploit triggered negative sentiment among investors, adding downward pressure on the asset.
CryptoQuant CEO Notes Shift to Value Investing
According to CryptoQuant CEO Ki Young Ju, the blockchain industry is witnessing a significant shift as investors move from speculative trading to a value-investing mindset. This change suggests a maturing market where fundamentals are gaining importance over short-term gains.
Solana Proposes Inflation Reduction
The Solana Foundation has put forward a proposal to double the network’s disinflation rate from -15% to -30%. The move is designed to slow the rate of new token issuance, a strategy intended to enhance long-term value accrual for the SOL token.
Arkham Exchange Integrates MoonPay for Easier Access
Arkham Exchange has partnered with MoonPay to streamline access to crypto trading. Through this integration, users who have completed Know Your Customer (KYC) verification can now deposit funds directly using credit cards, bank transfers, and various digital wallets.