🚨 Inside Web3: What’s Actually Going On in Crypto?

News

🌐 Can Solana’s Alpenglow Protocol Outshine Ethereum’s Pectra Upgrade?

Earlier today, Solana announced Alpenglow, a major protocol upgrade designed to improve transaction speed and network efficiency. Unveiled by infrastructure firm Anza, a Solana Labs spinout, the new protocol aims to replace Solana’s current consensus mechanisms with a redesigned system. But the crypto community is curious: will it be as successful as the ETH Pectra upgrade?

📊 Canary Capital Amends Solana ETF Filing To Include SOL Staking

Canary Capital has filed an amended version of its Solana ETF with the US Securities and Exchange Commission (SEC) to improve the fund’s offerings. As part of the amendment, the asset manager has updated the ETF’s name to reflect its new partnership with Marinade Finance for SOL staking.

Markets

📈 XRP Price Repeats 500% Rally Pattern as Whales Buy 110M Token – Is Another Surge Likely?

XRP price faces choppy moves today, May 21, with a slight 0.5% dip in 24 hours to trade at $2.33 at press time. Despite the decline, XRP whales are rapidly accumulating the token after purchasing 110M coins in the last five days. Moreover, past trends suggest XRP is on the verge of repeating the 2024 trend that sparked a 500% rally.

🚀 BTC Price is Less Than 2% Away for ATH, Is a $110K Possible Today?

Bitcoin (BTC) set up a daily high of $107,950 on Binance, shy of 1.86% from its ATH of $110,000. Although the Asian session saw a slight uptick, the London session knocked BTC price lower by 1.78% and set up a local bottom of $106,035. Despite this short-term downtrend, can BTC reclaim this historic level of $110,000 today?