- GateChain adds EVM support, enabling Ethereum smart contracts with 4s block times & 2,745 TPS at ultra-low fees.
- Jupiter boosts DeFi on Solana with TWAP, DCA, and a SOL debit card, backed by a $1.35B JUP market cap.
- VIRTUAL merges AI with the Metaverse, powering gaming, generative content, and digital commerce backend systems.
Solana’s blockchain is fast and low-cost and powering a whole new wave of Web3 innovation. JUP is used to power DeFi trades on Jupiter, and VIRTUAL, which enables AI-driven metaverse apps, are leading the charge. These tokens are at the heart of Solana’s growing influence in DeFi, gaming, and digital assets as demand for speed and scalability grows.
GateChain(GT) Enhances On-Chain Security with EVM Compatibility
Source: Coinmarkercap
GateChain is developing its public blockchain infrastructure based on digital asset security. GateToken (GT) is the network’s native token, used to pay transaction fees and as staking for network validation. This feature allows users to deploy Ethereum-based smart contracts to GateChain by virtue of its Ethereum Virtual Machine (EVM) compatibility.
The key performance metrics include a block time of 4 seconds and a maximum throughput of up to 2,745 transactions per second. Furthermore, the network charges minimal transaction fees starting from $0.0001. With GateChain’s integrated wallet solution, user assets can be handled natively without the need for third-party wallets. This included an account system, and a recent upgrade added support for ‘EVM account’ and extended the account system to allow cross-network address usage without requiring separate accounts.
Jupiter(JUP) Expands DeFi Capabilities on Solana
Source: Coinmarkertcap
Jupiter is a swap aggregation engine (DAO) and decentralized exchange (DEX) running on Solana. Its native token, JUP, supports its expanding role in the decentralized finance (DeFi) ecosystem. Jupiter provides Limit Orders, Dollar Cost Averaging (DCA), Time Weighted Average Price (TWAP), and a Bridge Comparator as trading tools.
Additionally, the platform has a decentralized aggregator that optimizes liquidity between Solana exchanges, and users can execute trades. Jupiter’s recent forays into perpetual trading and partnership with Sanctum to launch a SOL-based debit card reveal its aim to unite Blockchain and traditional finance. JUP has a huge number of markings in terms of circulating supply, as shown below; its market cap is 1.35 billion.
Decentraland(MANA) Strengthens Governance and Virtual Asset Ownership
Source: Coinmarketcap
The decentralized virtual world built on the Ethereum blockchain is Decentraland (MANA). Users can theoretically interact by buying virtual pieces of land or LAND tokens which are non fungible tokens (NFTs). These assets can be purchased by utilizing the platform’s ERC-20 token, MANA, which also grants governance rights within Decentraland’s decentralized autonomous organization (DAO).
The virtual environment supports user-generated content, peer-to-peer communication, and a functional marketplace of digital goods and services. LAND and wrapped MANA (wMANA) drive the DAO’s governance mechanisms through the voting process. To enhance the scalability of digital ownership and social engagement, the platform is structured across three layers: consensus, content, and real-time interaction.
Virtuals Protocol(VIRTUAL) Integrates AI for Advanced Metaverse Infrastructure
Source: Coinmarketcap
VIRTUAL focuses on bringing AI into the virtual environments and provides infrastructural foundations of AI driven applications for the Metaverse. The protocol is designed for co-owned and plug and play gaming AIs and human-curated interactions to facilitate a dynamic user experience.
The platforms where you can currently BUY VIRTUAL are Bitget, BitMart, BingX, BiKing, Hibt. However, the use cases not only stop at gaming, but are also applicable for computing with AI data and for generative content creation. Big data analytics-based decision-making is supported, and the protocol is presented as the backend layer of the leading interactive virtual systems and digital commerce.
