The second-largest stablecoin in crypto has restored its dollar peg after a tumultuous weekend, but it shows how important the token is in the ecosystem.
The recent addition of Bitcoin NFTs has added a new player in the non-fungible token space, but Bitcoin Ordinals have a long way to go before they reach the heights of NFTs on Ethereum or other top blockchains like Solana and Polygon.
It’s important to understand how new crypto tokens are initially distributed and who gets access to the first offering of a new coin, whether you’re an investor or thinking of launching a token of your own.
The network upgrade, set for March, will address staked ether withdrawals and reductions in gas fees for developers. The milestone will start a new era for the Ethereum ecosystem, following last year's much-hyped transition to a more energy-efficient "proof-of-stake" blockchain.