Bankless ROLLUP: Special Guest! | Airdrop Week | Base Szn | The DeFi Wars
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Apr 5, 2024 Dive into the lively debates about Ethereum's issuance curve and the excitement of 'Base season.' Explore how market dynamics are shifting with Bitcoin halvening and ETF approvals. Discover innovative projects like Athena and the Wormhole protocol, bridging Ethereum and Solana. Learn about blobs in Ethereum, optimizing network capacity, and the implications for layer two solutions. Enjoy a peek at the playful side of crypto with an April Fool's joke that sparked diverse reactions across the community.
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Bitcoin Price Consolidation
- Bitcoin's price tends to consolidate after reaching a previous all-time high.
- This sideways movement can last for a month or more before further upward trends.
Blobs and Ethereum Scalability
- Blobs' implementation significantly reduced Ethereum's fees, proving its scalability potential. This shift changed the narrative around Ethereum's capabilities and spurred increased activity.
Athena (ENA) Airdrop
- ENA, Athena's synthetic dollar, launched with a $17B market cap and a 5% airdrop (750M tokens).
- Its price quickly appreciated, following the trend of airdropped tokens.