MilkyWay (MILK) offers liquid staking and restaking for modular chains, letting users earn triple yields while supporting AVS services like oracles and bridges.

Modular blockchain architectures are growing more popular in the industry as an alternative to monolithic designs. For instance, chains like 

 (TIA) eloquently separate their consensus layers from other infrastructural components for more flexible and accessible validation services. At the same time, validator ecosystems on Celestia and similar modular networks can benefit immensely from attracting additional staking funds to provide more reliable services.

MilkyWay (MILK) is a decentralized protocol that aims to do just that — provide 

 services in order to support modular blockchains, as well as various Actively Validated Services (AVS). Having started as one of the first liquid staking providers for the Celestia blockchain back in December 2023, MilkyWay added the restaking functionality to its service line in late 2024. As of May 2025, it’s emerged as one of the few 

 (DeFi) protocols to support both liquid staking and restaking, allowing you to earn yields on the same funds from up to three sources — native staking on the original chain, liquid staking, and restaking that supports a variety of bridges, oracles, rollups and other AVS-based platforms.

MilkyWay currently provides liquid staking services for three blockchains — Celestia, Initia (INIT) and Babylon (BABY). The platform’s restaking service is also flexible, allowing you to choose between three different modes — platform-managed, operator-specific or AVS-specific.

 (MILK) is a decentralized platform that offers liquid staking and restaking services, focusing on three Cosmos-based blockchains: Celestia, Initia and Babylon. 

It’s one of the rare platforms that supports both liquid staking and restaking, allowing you to utilize your crypto funds to derive income simultaneously from up to three sources — native staking, liquid staking and restaking to support AVS.

Similar to the networks it supports, MilkyWay was built using the Cosmos SDK and is part of the wider 

 ecosystem. It positions itself as a Layer 1 chain, though some critical functions on the protocol — for example, Celestia liquid staking — are carried out by leveraging 

MilkyWay’s inception dates back to December 2023, when it was launched to support liquid staking on the Celestia chain. In late 2024, the platform added support for restaking, emerging as probably the leading solution within the Cosmos ecosystem supporting both of these yield-generating activities.

MilkyWay aims to provide support to modular blockchains, and all three chains it focuses on are based on architectural modularity. Celestia’s network offers outsourced data availability (DA) and 

 (INIT) specializes in the integration between 

 technologies to help address the problem of multi-chain fragmentation. These two networks operate essentially as infrastructure providers. In turn, 

 focuses on DeFi — specifically, supporting 

 (BTC) staking. It operates as a modular plug-in solution to enable Bitcoin funds to secure various 

In order to support cross-chain communications and the transfer of liquid staking and restaking assets across different native environments, MilkyWay has implemented support for two bridging solutions: Hyperlane and IBC Eureka.

The MilkyWay liquid staking protocol allows stakers of Celestia’s TIA, Initia’s INIT and Babylon’s BABY tokens to reuse their funds for additional yield throughout the DeFi ecosystem. For Celestia liquid staking, when you deposit your TIA funds on MilkyWay, you’re issued a liquid representation of your staked position in the form of the milkTIA 

, which can then be used on DeFi protocols for lending, borrowing, collateral and more.

When you stake TIA via MilkyWay, your funds are delegated to established validators on the Celestia network. In the future, this delegation process will be governed by the MilkyWay 

 (DAO). Your staked TIA is first transferred from Celestia to the Osmosis chain, where MilkyWay maintains smart contracts governing the process. The smart contracts are used to calculate the proper amount of milkTIA, which is then minted and sent to your Osmosis wallet.

The original TIA funds are then sent from Osmosis to the Celestia chain. These transfers are executed using the IBC bridge, a major bridging protocol within the Cosmos ecosystem. A MilkyWay coordinator node is then responsible for allocating the TIA to validators used by the platform. As your staked tokens accumulate rewards on Celestia, you’re free to use your milkTIA on other platforms for additional yield.

Similar processes, though with some technical differences, are used for INIT and BABY liquid staking. For INIT, when you deposit your funds on MilkyWay, they’re sent from the Initia Layer 1 chain to an Initia-linked Layer 2, where the protocol maintains another set of smart contracts. These smart contracts calculate the requisite amount of milkINIT (the liquid staking representation of the original INIT) and send it to your wallet, at which point you’re free to use your milkINIT LST in DeFi protocols. The original INIT is transferred back to the Initia mainnet and allocated to select validators to earn staking rewards.

BABY liquid staking works quite similarly — your BABY staked assets will be allocated to MilkyWay’s validators on the Babylon chain to earn native staking rewards, and you’ll also be issued 

 as an LST to use for additional yield on DeFi solutions.

MilkyWay’s restaking service allows you to further reuse your staked funds to secure a variety of decentralized platforms and services. Major blockchain networks typically have no shortage of validators to secure their consensus layers. However, there are additional services and applications that service the blockchain networks, but experience a lack of necessary validator ecosystems of their own. These may include blockchain price 

 or rollup sequencers — services collectively known as AVS.

To help provide network security and support the operations of these AVS-based solutions, MilkyWay offers you the ability to use your original staked funds for restaking. The key difference between liquid staking and restaking is that the former only lets you reuse your staked funds on DeFi protocols, while the latter is designed for supporting validation mechanisms of various AVS solutions.

In essence, restaking provides a third way to utilize your original crypto funds by securing AVS via liquid restaking tokens (LRTs).

To get issued a liquid restaking token on MilkyWay, you can deposit Layer 1 native tokens — TIA, INIT and BABY — or LSTs — milkTIA, milkINIT and milkBABY. Additionally, MilkyWay also accepts the 

After depositing an accepted crypto token, you’ll be issued your LRT and can choose from various AVS services on which to restake. MilkyWay offers three options for restakers: 

The operator and service restaking modes are optimal for experienced stakers and restakers, who can objectively evaluate the reward potential of each validator or AVS they pick.

Developers, validators and AVS operators also benefit from MilkyWay's services. An infrastructure provider — such as an institutional validator node or AVS operator — may partner with the platform to have MilkyWay user funds directed to them for staking or restaking. This can serve as a significant income stream for these individuals or entities.

As of May 2025, the MilkyWay network uses the services of 11 validator nodes. MilkyWay validators enjoy numerous benefits, the most obvious one being the ability to attract staking funds from users. They may also participate in restaking by reusing their stakes to secure the various AVS available through the platform.

MilkyWay's cross-chain communications are supported by two key bridging solutions: IBC Eureka and Hyperlane. These platforms allow users to transfer tokens across different blockchain environments in order to access a variety of DeFi protocols, networks and AVS.

MilkyWay’s programmable rules are logic conditions that control how, where and under what conditions restaked assets are used (e.g., only restake to certain services or limit the slashing risk). There are two types of rules: 

A key difference between MilkyWay and other restaking providers is its hybrid opt-in model that allows you to choose exactly how your restaked funds are used — through a pooled allocation by the platform itself, or by your delegation to a specific operator or service. In contrast, many other restaking platforms simply handle your funds on your behalf, giving you only limited control over the selection of the restaking target.

MilkyWay also protects your overall funds by allowing you to apportion your restaked funds over multiple operators or AVS. In this way, if one operator or AVS fails or gets slashed, your total investment isn’t entirely impacted.

What is the MilkyWay crypto token (MILK)?

MilkyWay’s native token, MILK, is used for governance, gas fee payments, transaction processing and the provision of on-chain liquidity. Although MilkyWay was launched in 2023, MILK wasn’t launched until late April 2025. With a total supply of 1 billion, the MILK token’s supply allocation shares are per the chart below:

The MilkyWay project has announced an airdrop campaign, the Massdrop, the first phase of which began along with MILK's token generation event (TGE) on Apr 29, 2025. During phase 1 of the airdrop, you can 

 until May 29, 2025, or through participating crypto exchanges.

Where to buy the MilkyWay crypto token (MILK)

You can buy the MILK token on Bybit's Spot market as a swap pair with USDT (

MilkyWay has challenged traditional staking models by offering an extremely versatile set of liquid staking and restaking services. With MilkyWay, savvy DeFi users can simultaneously earn yield on the same funds from up to three sources. In addition to featuring an unparalleled variety of avenues for yield, MilkyWay lets you do the noble thing — provide support to various modular blockchains and AVS operations with your crypto staking and restaking.

Intermediate

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MilkyWay (MILK): Liquid staking and restaking for the modular era

The US is shifting toward lighter, innovation-friendly crypto regulation, with moves like the FIT21 Act, a repeal of SAB 121 and a more lenient SEC approach.

, but the rules governing it remain a tangled web of state laws, federal agency guidelines and developing court rulings. With the US moving toward clearer policies, crypto investors and innovators are left navigating a fragmented regulatory space. This article discusses current US crypto regulations, explores major regulatory challenges and the country’s stance on crypto, and examines the relevance of current US rules to traders and the larger industry.

Crypto regulations are legal frameworks set by governments to manage the creation, trading, taxation and use of digital assets. These regulations aim to protect consumers, prevent illegal activities and maintain market integrity.

The US regulatory stance on cryptocurrency in 2025 is moving toward greater clarity and support for innovation, though a unified federal framework is still in the works. 

, passed by the House of Representatives in 2024, aims to establish comprehensive rules for digital assets but has yet to be fully implemented. Signaling a more crypto-friendly direction, the Trump administration issued an 

 in January 2025 to create the President’s Working Group on Digital Asset Markets, with the goal of “providing regulatory clarity and certainty.” Chaired by David Sacks, the group is tasked with reviewing current laws and recommending reforms to encourage responsible innovation.

Federal agencies are gradually shifting their approach. The Securities and Exchange Commission (SEC), traditionally strict with crypto enforcement, has formed a dedicated 

. This group is working to simplify registration processes, outline disclosure expectations and provide clarity as to which tokens qualify as securities. Notably, the SEC has softened its stance on certain categories of cryptocurrencies, such as 

, indicating they may no longer be treated as securities.

Banking regulators have also relaxed their oversight. The Federal Reserve 

 prior guidance requiring banks to notify regulators before engaging in crypto-related activities, opting instead for standard supervisory oversight. Likewise, the Federal Deposit Insurance Corporation (FDIC) has 

 that banks can participate in permissible crypto activities without prior approval as long as they manage risks appropriately.

State-level regulations, however, remain highly fragmented. 

 with crypto-friendly policies, offering clear licensing and legal protections that attract 

 businesses. In contrast, some states still maintain stricter or underdeveloped frameworks, resulting in a regulatory patchwork that complicates compliance for companies operating across state lines.

In other developments, the federal government has launched the 

, an unprecedented move that integrates digital assets into national infrastructure planning. While this initiative signals strong institutional interest, it also introduces new compliance challenges for both government agencies and market participants.

What regulatory issues exist for cryptocurrency?

Cryptocurrency regulation in the US in 2025 continues to grapple with several persistent challenges, despite efforts to establish clearer frameworks. 

Why this matters for crypto traders and the industry

As crypto matures from the fringes of finance into the mainstream, clear rules and oversight are needed to protect individuals and to nurture a stable, trustworthy ecosystem that benefits everyone involved.

The US is transitioning toward a pro-innovation crypto regime, with emphasis on deregulation, legislative clarity and strategic asset management. Its nascent administration has signaled a significant departure from the previous enforcement-heavy approach, prioritizing regulatory clarity and industry growth. Key actions include the January 2025 executive order establishing an interagency task force to review and potentially rescind restrictive regulations, alongside the SEC’s dismissal of high-profile cases against Coinbase, Robinhood Crypto and OpenSea. 

Meanwhile, the SEC’s Crypto Task Force, led by Hester M. Peirce, aims to streamline registration paths for tokens and clarify jurisdictional boundaries, particularly for meme coins, which the SEC no longer classifies as securities. In addition, the 

 removes barriers for banks offering crypto custody services, thus encouraging institutional participation.

Bipartisan efforts are gaining momentum in the push to formalize crypto oversight, with stablecoin regulation leading the charge. Key proposals like the 

 are pushing for requirements such as 1:1 reserves, regular audits and greater transparency from issuers, bringing stablecoins more in line with traditional financial standards. 

 and SEC are working out jurisdictional boundaries, and Congress is expected to pass market structure legislation that will determine whether crypto assets are classified as securities or commodities. These moves are designed to reduce the regulatory landscape’s current fragmentation, as stablecoins now face a patchwork of state-level regulations that drive up compliance costs.

The US federal government is moving toward a clearer and more innovative crypto regulatory regime, making efforts to streamline oversight, push institutional adoption and integrate digital assets into economic strategy. However, until federal policies fully align and state differences are reconciled, the regulatory environment for crypto in the US remains complex and dynamic. Traders and industry players need to understand this complex but maturing environment in order to navigate risks and grab emerging opportunities.

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Crypto regulations in the US: Navigating a complex landscape

Reports following Ether's landmark surge on May 7, 2025 largely attribute this rally to the completion of the Pectra upgrade.

Ether has recently regained its status as the crypto golden boy, leading a rally since May 7, 2025 that’s outpaced both Bitcoin and most altcoins. This unusual performance has prompted market observers to speculate on the reasons behind it, and whether this impressive trend will continue.

The ETH/BTC ratio has been declining since January 2024, when the SEC 

In Q1 2025, disappointment in Ether's performance reached its peak, driven by market drawdowns and concerns about Ethereum Foundation leadership, leading to a significant exit of investors from the world’s second-largest cryptocurrency. However, on May 7, 2025, the market narrative changed abruptly as Ether surged over 20% in just one day.

Reports following Ether's landmark surge on May 7, 2025 largely attribute this rally to the completion of the 

 upgrade. While the timing of the upgrade coincides perfectly with Ether's rebound, however, this view doesn't capture the full story.

Historically, the ETH/BTC ratio began to rebound two months before the official completion of 

. Similarly, the Pectra upgrade had been anticipated for some time. Despite its smooth execution, the market had low expectations regarding challenges in Q1 2025.

Moreover, Ether's resurgence coincided with BTC surpassing $100,000, as broader risk assets rallied due to positive developments in US tariff negotiations with the UK and China.

In summary, the overall asset rally triggered Ether's rise, while the Pectra upgrade enhanced its performance against Bitcoin. Additionally, Ether's strong outperformance over other altcoins likely resulted from significant short liquidations.

In the days following Ether's record rally, ETH experienced over $500 million in short liquidations. This phenomenon significantly contributed to the unusual surge of more than 20% in a single day for a leading token such as Ether.

The most common criticism of Ethereum is that it loses revenue to 

 (DEXs) for Ether has consistently declined, partly due to competition from other 

 blockchains such as Solana, as well as Ethereum's own L2 networks. Since most L2 solutions have their own utility tokens, the activities conducted on these platforms don’t directly generate fees for L1, since they bundle transactions and post them to the Ethereum Mainnet.

This dilemma doesn’t appear to have a quick fix. In the medium term, Ethereum’s key value proposition may need to shift from that of a profit-generating blockchain with a 

 asset to one that functions as a financial instrument that’s akin to a bond.

Ethereum’s staking feature has yet to face direct competition, and the amount staked within the ecosystem continues to grow. As of Q1 2025, approximately 34 million ETH are staked, yielding an annual return of 2.9%.

Ongoing developments in Hong Kong and Canada may allow ETH Spot ETFs to incorporate staking features. Notably, the Pectra upgrade increases the staking limit for each node from 32 ETH to 2048 ETH, which could incentivize ETF issuers to operate their own nodes in the future. Adding staking rewards to ETH Spot ETFs could enhance their attractiveness, especially as the Fed eventually returns interest rates to more typical levels.

With a 2.9% return on Ether staking, Ether is increasingly positioned as a bond-like investment.

Ethereum’s leadership change and future outlook

Vitalik Buterin’s recent proposals for Ethereum

Ethereum co-founder Vitalik Buterin recently 

 his vision for simplifying Ethereum's Layer 1 in a post titled 

, emphasizing that scalability alone is insufficient: Ethereum must also be understandable, maintainable and secure in order to reliably serve as a platform for civilization’s assets. Buterin proposes a significant reduction in complexity, aiming for an Ethereum that will be as simple (within five years) as Bitcoin is now. He believes that a simpler protocol will enhance security, attract more developers and facilitate easier upgrades.

To achieve this, Buterin introduces a beam chain proposal that aims to streamline consensus by reducing technical complexity, eliminating epochs and sync committees, simplifying fork choice rules and enhancing the validator lifecycle for easier onboarding and recovery. He advocates replacing the current Ethereum virtual machine (EVM) with RISC-V, a more efficient, general-purpose virtual machine. This transition promises a clearer specification that will reduce bugs and maintenance challenges; more flexibility for developers to use various programming languages; and the potential to increase throughput by 100 times.

To address existing applications, Buterin suggests a phased transition that introduces RISC-V precompiles and allows dual deployment options during the shift, gradually moving legacy features out of the core protocol to keep it lean. He also calls for standardizing tools within the network to reduce redundancy and complexity, proposing a unified encoding system, shared data splitting methods and a simpler state structure. Ultimately, Buterin believes that regaining simplicity is essential in order for Ethereum to maintain its flexibility and durability as it scales.

With a new road map for Ethereum and proposed leadership 

 to the Ethereum Foundation to make the Ethereum guardian more accessible, we believe Ethereum has more upside coming.

Advanced

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Bybit Crypto Insights Report: Is Ether regaining favor? How far will it go?

Unichain, Uniswap’s L2 network, now handles over 76% of Uniswap v4 volume, driven by UNI incentives and its new Rollup-Boost feature. 

The S&P 500 jumped 3.26% as US-China tariff easing lifted market sentiment. Investors now await CPI and retail data for signs of inflation trends under the new trade regime. Gold fell near $3,208 as easing US-China trade tensions reduced safe-haven demand. With CPI data ahead, further downside is likely. Technicals suggest bearish momentum, with key support at $3,202. The Coindesk Indices, which tracks the broader crypto market, fell 1.97%, with Bitcoin and Ether down 2.53% and 0.95%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is RUNE, which surged by 4.4% following the completion of Halborn's security audit for Rujira Network's omnichain DeFi layer on THORChain.

THORChain (RUNE), created in 2018, is a decentralized protocol enabling native asset swaps across blockchains without wrapping. Built on Cosmos SDK and Tendermint, it uses Proof-of-Stake and Byzantine Fault Tolerance for secure cross-chain transactions. Halborn has 

 a smart contract security audit for Rujira Network, which is building an omnichain DeFi app layer on THORChain. Rujira enables seamless access to DeFi apps using native assets across connected chains.

Check out the latest prices, charts, and data of 

Unichain, Uniswap’s L2 network, now handles over 76% of Uniswap v4 volume, driven by UNI incentives and its new Rollup-Boost feature. This upgrade enhances MEV handling, cuts failed transaction gas costs, and sets the stage for Flashblocks—an upcoming 200ms block time system. Despite v4’s growth, Uniswap v3 still leads in total volume. The aim of Unichain is to solve Ethereum mainnet and L2 liquidity fragmentation while improving speed and decentralization.

Yesterday, BTC spot ETFs saw total outflows of $64.2 million, with $32.9 million from GBTC and $31.3 million from all other ETFs combined.

Multipli’s Season 1 has ended with 359.2M ORBs distributed (50% of supply). 

, allocating 30% of ORBs. Users can continue earning by keeping funds on mainnet or testnet—no action required. New users can join via testnet (free) or deposit stablecoins on BSC/Ethereum.

Beginner

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Unichain leads Uniswap v4 activity with rollup-boost upgrade and upcoming flashblocks feature

Crypto

Find out which cryptocurrency is best to invest for an ideal profit in 2024. Learn about its prospects, price history, future projects, and more.

The world of cryptocurrencies continues to evolve, presenting investors with new opportunities to grow their wealth and diversify their portfolios. From well-established players like Bitcoin and Ethereum to emerging stars like Solana and Cronos, the crypto landscape is filled with investment options. As decentralized finance (DeFi) and non-fungible tokens (NFTs) reshape the financial and digital asset landscapes, now is an exciting time to join the crypto revolution. In this blog post, we’ll explore the best cryptocurrency to invest in and the emerging trends that are shaping the future of the industry.

The cryptocurrency market offers numerous possibilities, requiring careful selection of the best crypto to buy, guided by market trends and expert analysis. In this context, it’s essential to identify the best crypto to buy among the sea of options. Six cryptocurrencies stand out as promising investment choices in 2023:

Each of these cryptocurrencies offers unique features and advantages that make them worth considering for crypto users in their investment portfolio.

While considering these top crypto assets, remember the dynamic nature of the cryptocurrency markets. Emerging trends, such as decentralized finance (DeFi) and non-fungible tokens (NFTs), are transforming the way people interact with digital assets and blockchain technology. Keeping abreast of these trends and doing your own research on crypto projects will enable you to make sensible decisions about which cryptocurrencies align with your investment goals.

Bitcoin remains the undisputed king of the cryptocurrency market, boasting the largest market capitalization and widespread adoption as a digital store of value. Its key features include:

While Bitcoin may not have the revolutionary features of some newer blockchain projects, its stability and security make it a popular choice for investors.

Bitcoin’s security is upheld by a decentralized network of miners who use their computing power to confirm transactions and uphold the blockchain’s integrity. This proof-of-work mechanism ensures that Bitcoin transactions are secure and resistant to manipulation, providing a strong foundation for the cryptocurrency. Furthermore, Bitcoin allows users to maintain full control over their assets by holding their own private keys, eliminating the need for intermediaries like banks and ensuring that their funds are always within their control.

Despite its numerous benefits, Bitcoin also faces challenges. The cryptocurrency has been criticized for its relatively slow transaction speeds and lack of innovative features compared to newer projects. Nonetheless, its enduring potential as a value store and its commanding market position make it a compelling consideration for investors in search of a dependable and tested cryptocurrency for their portfolio.

Ethereum, the second-largest crypto asset by market capitalization, has gained popularity for its smart contract capabilities and support for 

 on the ethereum network. As the backbone of many innovative projects in the blockchain space, Ethereum has become a go-to choice for developers looking to create powerful and versatile applications on the blockchain. Its upcoming Ethereum 2.0 upgrade promises to bring even greater scalability, security, and sustainability to the platform, making it an attractive investment option.

Ethereum’s main function is to act as a network for developing and interacting with dApps. Some examples of dApps include:

The forthcoming Ethereum 2.0 upgrade plans to shift from its existing proof-of-work consensus mechanism to a greener proof-of-stake model, which could boost its growth and innovation potential.

Smart contracts, which are self-executing contracts with the terms of the agreement encoded directly into code, are a key feature of the Ethereum platform. These contracts enable a wide range of applications and use cases, including:

With its robust developer community and expanding dApps ecosystem, Ethereum is well-positioned to retain its leadership role among blockchain platforms as a cryptocurrency and on the Ethereum blockchain platform.

Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest and most popular crypto exchanges. BNB offers utility within the Binance ecosystem, including discounted trading fees and access to exclusive features, making it an attractive investment option for users of the platform. In addition, the Binance Coin burn program aims to decrease the circulating supply of BNB over time, which may lead to an increase in its value.

While Binance Coin provides multiple benefits, prospective investors must be cognizant of the risks tied to investing in a cryptocurrency linked to a centralized platform. Regulatory scrutiny and the potential for security breaches are factors that may influence the value of BNB. However, for those who actively trade on the Binance platform, the benefits of holding BNB may outweigh these risks.

, BNB has witnessed considerable growth, with a remarkable value increase of over 247,000% by late November 2023. As the Binance ecosystem continues to expand and offer new services, the demand for BNB may continue to grow, making it a compelling option for investors looking for exposure to the thriving world of cryptocurrency exchanges.

Cardano is a promising blockchain platform that aims to address the scalability, interoperability, and sustainability issues that have plagued other blockchain networks. Developed with a rigorous research-driven approach, Cardano seeks to build a robust and future-proof platform capable of supporting a wide range of applications, from decentralized finance to smart contracts and beyond.

Cardano’s design centers around its distinctive consensus mechanism, Ouroboros. This proof-of-stake protocol provides a safe and energy-efficient alternative to conventional 

 mechanisms, enabling the Cardano network to scale efficiently while preserving robust security. In addition, Cardano’s focus on interoperability aims to create a seamless and inclusive ecosystem where multiple blockchain networks can coexist and interact.

Despite its slower development speed relative to some competitors, Cardano’s systematic and research-driven approach has attracted a substantial following in the crypto community. As the platform continues to evolve and deliver on its ambitious roadmap, Cardano’s potential for growth and widespread adoption makes it a cryptocurrency worth considering for investors seeking exposure to a cutting-edge blockchain project.

Solana has emerged as a rising star in the world of cryptocurrencies, thanks to its high-speed blockchain and growing ecosystem of decentralized applications. Designed to support decentralized finance (DeFi) applications, dApps, and smart contracts, Solana has captured the attention of both developers and investors alike, who are drawn to its impressive performance and potential for innovation.

A distinguishing feature of Solana is its high transaction throughput, capable of processing tens of thousands of transactions per second. This level of performance is achieved through a unique consensus mechanism known as Proof of History, which allows the Solana blockchain to process transactions more efficiently than many other networks. As a result, Solana users can enjoy faster transaction speeds and lower fees, making it an attractive platform for a wide range of applications.

Investing in Solana may present higher risks and rewards than more established cryptocurrencies, but its capacity to transform the DeFi and dApps landscape makes it an attractive proposition for those interested in groundbreaking blockchain projects. As the Solana ecosystem continues to grow and mature, the value of its native token, SOL, may rise along with it, offering investors a chance to share in its success.

Cronos is an up-and-coming cryptocurrency that offers potential for growth and innovation. Backed by the Crypto.com platform, Cronos is designed to support a wide range of applications, from DeFi to dApps and beyond. Its interoperability with the Cosmos ecosystem further enhances its appeal, allowing for seamless integration with other blockchain networks and projects.

Investors staking their tokens in the staking pool stand a chance to earn remarkable returns, with inflationary rewards offered for the subsequent 15 years. While the future of Cronos is still uncertain, its connection to the Crypto.com ecosystem and its potential for growth make it an intriguing option for investors looking to explore new opportunities in the world of cryptocurrencies.

Alongside the top cryptocurrencies, it’s worth monitoring developing trends that are transforming the crypto landscape. Decentralized finance (DeFi) and non-fungible tokens (NFTs) are two such trends that have gained significant traction in recent years. These innovations are transforming the way people interact with digital assets and opening up new possibilities for blockchain technology.

DeFi projects aim to bring traditional financial services to the blockchain, offering increased transparency and accessibility for users. NFTs, on the other hand, represent unique digital assets that can be used in various industries, such as art, gaming, and collectibles. As these trends evolve and gain traction, they will probably assume a growing role in the overall cryptocurrency market, opening up new opportunities for both investors and developers.

Decentralized finance, or DeFi, has surfaced as a significant player in the cryptocurrency arena, with projects providing a variety of financial services on the blockchain. From lending and borrowing platforms to decentralized exchanges and insurance products, DeFi aims to replicate the traditional financial system on a decentralized network, offering users greater control, transparency, and flexibility.

The growth of DeFi has been fueled in part by the rise of smart contracts, which enable the creation of self-executing agreements directly on the blockchain. This technology has made it possible to build complex financial applications that can operate without the need for intermediaries, resulting in lower fees and increased accessibility for users around the world.

As the DeFi ecosystem grows and matures, it has the potential to redefine finance, granting banking access to millions of people who have been left out of the traditional financial system. For investors, this provides a unique opportunity to engage in the expansion of a completely new industry, with the potential for substantial returns.

Non-fungible tokens, or NFTs, have gained significant attention in recent years as a new way to represent unique digital assets on the blockchain. Unlike traditional cryptocurrencies, which are fungible and interchangeable, NFTs represent one-of-a-kind assets that cannot be replaced or exchanged on a one-to-one basis. This feature makes NFTs particularly well-suited for representing digital art, collectibles, and other unique items.

The NFT market has seen swift growth, with a diverse array of industries embracing the technology for different purposes. Artists, musicians, and other creative professionals have embraced NFTs as a way to monetize their work and connect with fans, while gaming companies and other businesses have started using NFTs to create digital assets and virtual experiences for their customers.

As the NFT market continues to evolve and gain mainstream acceptance, it has the potential to reshape the way we think about digital assets and ownership. For investors, this offers a thrilling opportunity to partake in the expansion of a burgeoning industry and potentially profit from the growing demand for unique digital assets.

How to Evaluate Cryptocurrency Investments

Evaluating cryptocurrency investments is a vital step towards making mindful decisions and mitigating risk. By conducting a thorough analysis of potential investments, you can better understand the fundamentals, technical aspects, and potential risks associated with each cryptocurrency.

In this part, we will examine three pivotal areas of evaluation: fundamental analysis, technical analysis, and risk management.

Fundamental analysis is a critical aspect of assessing cryptocurrency investments, focusing on comprehending the inherent value of a digital asset. This involves examining factors such as:

By analyzing these factors, investors can gain a deeper understanding of the potential value and long-term sustainability of a cryptocurrency.

, is an important metric to consider when evaluating a cryptocurrency, as it provides a snapshot of the asset’s popularity and value in comparison to other cryptocurrencies. Utility, on the other hand, refers to the practical uses and functions that a cryptocurrency provides beyond speculative investment. Understanding the utility of a cryptocurrency can help investors determine its potential value and long-term viability.

Finally, when evaluating a cryptocurrency, it’s necessary to consider the development team and community support. A strong and capable development team can instill confidence in a project and attract more investors and users, while an engaged community can contribute to the growth and adoption of a cryptocurrency. By examining these factors, investors can make more informed decisions about which cryptocurrencies are best suited for their investment goals.

Technical analysis, another critical part of assessing cryptocurrency investments, involves studying past price and trading volume data to predict potential future price movements. This is achieved by studying charts, patterns, and indicators to recognize trends and patterns that can help traders make informed decisions about when to buy or sell cryptocurrencies.

Price charts, such as line charts, candlestick charts, and bar charts, are commonly used in cryptocurrency technical analysis to visualize historical price data. Patterns and indicators, such as support and resistance levels, trend lines, moving averages, and relative strength index (RSI), can help traders identify potential entry and exit points for their trades and optimize their profits.

By analyzing the charts, patterns, and indicators, traders can make educated decisions about when to buy or sell cryptocurrencies, helping them minimize risk and maximize returns. Technical analysis is a valuable tool for both experienced traders and newcomers to the cryptocurrency market, as it can provide insights into market trends and potential future price movements.

Risk management is a cornerstone of cryptocurrency investing, involving an assessment of the potential risks associated with investing in digital assets and implementing measures to mitigate those risks. Diversification, for example, is an important risk management strategy, as it involves spreading investments across multiple coins, tokens, or projects to reduce the impact of any single asset’s volatility.

Another risk management strategy involves setting stop-loss orders, which can help investors limit their losses if the market moves against their positions. By setting a predetermined price at which to sell a cryptocurrency, investors can minimize their downside risk and protect their investments from significant losses.

Finally, investing only what you can afford to lose is a fundamental principle of risk management in cryptocurrency investing. By limiting your investment to an amount you can comfortably afford to lose, you can avoid putting your financial well-being at risk and maintain a balanced and diversified portfolio. By implementing these risk management strategies, investors can make more informed decisions and better protect their investments in the volatile world of cryptocurrencies.

Best Platforms to Buy and Trade Cryptocurrencies

Selecting the right platform is essential for a seamless and secure experience when buying and trading cryptocurrencies. There are various options available, including centralized exchanges, 

 (DEXs), and crypto wallets for securely storing your digital assets.

In this part, we will examine the pros and cons of each option, assisting you in making a well-informed decision about the optimal platform for your needs.

Centralized exchanges are online platforms that facilitate the buying and selling of cryptocurrencies. They serve as intermediaries between buyers and sellers, matching buyers with sellers and facilitating the transaction process. Centralized exchanges offer a user-friendly interface, liquidity, and customer support, making them a popular choice for many cryptocurrency traders.

However, centralized exchanges also come with certain drawbacks. As they are subject to regulatory scrutiny and operate on a centralized infrastructure, they may be more vulnerable to hacks and security breaches. Additionally, the centralized nature of these exchanges may raise concerns about privacy and control over user data.

Despite these concerns, centralized exchanges remain a popular option for buying and trading cryptocurrencies. By providing a convenient and accessible platform for buying, selling, and trading digital assets, centralized exchanges can help investors and traders navigate the complex world of cryptocurrency markets.

Decentralized exchanges, or DEXs, offer an alternative to centralized exchanges by allowing users to trade cryptocurrencies directly with one another, without the need for an intermediary. This decentralized approach provides increased security and privacy, as users maintain control over their own funds and data. As a decentralized cryptocurrency exchange, DEXs have become increasingly popular in the crypto community.

However, there are also some potential drawbacks to using DEXs. These include:

Overall, decentralized exchanges can be a good option for those who prioritize security and privacy in their cryptocurrency trading. By eliminating the need for intermediaries and offering a more transparent trading environment, DEXs can provide a safer and more secure platform for buying and selling cryptocurrencies.

Crypto wallets are essential for securely storing your digital assets, as they provide a means of managing your cryptocurrencies and facilitating transactions. There are various types of crypto wallets available, including hardware, software, and paper wallets, each offering different levels of security and convenience.

Hardware wallets are physical devices that store your private keys offline, providing a high level of security against hacks and other digital threats. Software wallets, on the other hand, are digital applications that can be installed on your computer or mobile device, offering a more convenient way to manage your cryptocurrencies. Paper wallets, while less common, are a simple and cost-effective option that involves storing your private keys in plain text on a piece of paper.

, it’s important to consider factors such as security, convenience, and compatibility with your preferred cryptocurrencies. By selecting the right wallet for your needs, you can ensure that your digital assets are stored securely and accessible when you need them.

Cryptocurrency investments carry unique tax considerations that every investor should understand. Taxable events, record-keeping, and tax planning strategies are all essential aspects of managing your cryptocurrency investments and ensuring compliance with tax regulations.

In this part, we will delve into these topics in greater detail, assisting you in navigating the intricate realm of cryptocurrency taxation.

In the cryptocurrency world, taxable events encompass trading, selling, and using cryptocurrencies for goods and services. These transactions may trigger capital gains or losses, which must be reported to tax authorities. In the United States, for example, trading one cryptocurrency for another, selling cryptocurrency for cash, or using cryptocurrency to buy goods or services can all result in taxable events.

When calculating your tax liabilities, it’s important to consider the 

 in your jurisdiction. Different countries may have different rules regarding the taxation of cryptocurrency transactions, and understanding these rules can help you ensure compliance and avoid potential penalties.

By keeping track of your cryptocurrency transactions and reporting your gains and losses accurately, you can minimize your tax liabilities and ensure that you are abiding by the tax laws in your jurisdiction.

Maintaining records is a critical part of managing your cryptocurrency investments, as it enables you to monitor your transactions, calculate your gains and losses, and compile precise tax returns. Proper record-keeping can help you stay organized and make the tax filing process more efficient, reducing the likelihood of errors or audits.

When recording your cryptocurrency transactions, it’s important to include the following information:

You should also keep records of any other income you receive from cryptocurrency activities, such as mining or staking rewards.

In addition to maintaining accurate records of your cryptocurrency transactions, it’s a good idea to periodically review your records and ensure that they are up to date. This can help you stay on top of your tax obligations and avoid any potential issues with tax authorities.

Tax planning strategies can assist you in reducing your tax liabilities and maximizing your cryptocurrency investments. Some common tax planning strategies include harvesting losses, holding assets for long-term gains, and utilizing tax-advantaged accounts.

Harvesting losses involves selling crypto assets at a loss in order to offset capital gains and reduce your overall tax liability. This strategy can be particularly useful during market downturns or at the end of a tax year when you may be looking to lower your tax bill.

Holding your cryptocurrency investments for more than one year can also result in tax advantages, as long-term capital gains are generally taxed at a lower rate than short-term gains. By holding your assets for the long term, you can potentially reduce your tax bill and benefit from the potential appreciation of your investments.

Finally, utilizing tax-advantaged accounts, such as self-directed Individual Retirement Accounts (IRAs) or traditional or Roth IRAs, can help you defer or eliminate taxes on your cryptocurrency gains. By investing in cryptocurrency through these accounts, you can take advantage of tax benefits while still participating in the growth of the crypto market. Be sure to consult with a tax professional to ensure proper implementation of these strategies and compliance with applicable tax laws.

The Best Cryptocurrency to Invest in 2024: Expert Analysis and Insights

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