Decentralized finance continues to grow as the energy-efficient, high-speed blockchain Solana is gaining new users. The Solana DLT network has seen rapid growth, mostly due to its high level of security and fast transaction speed at a negligible cost.

The above headline of Forbes is definitely timely and captures the mushrooming interest in NFTs these days. Research conducted by Delphi with Colin Goltra from Entwine was cited in the article, saying that the possibility of going from a Web 2.0 to a Web 3.0 world is supported by NFT technology. Think back to the time when a 4.5 cm² plot of land in Decentraland was put up for auction in February of this year, making the seller a cool $1.26 million, and now imagine the potential a candy bar would have to earn the new owner his half a million.

The cryptocurrency market nowadays is like an incredibly volatile volcano that emits tons of opportunities. For example, if we assume, and I do not use the word “if” lightly here, that the person is buying the Tesla in question through a digital currency transaction, then we have a case of what is known as an “adaptive selection” of goods. However, this good story, when it comes, comes only in proportion to the risk assumed. What would the world of cryptocurrencies be without the eternal battle for dominance between PoS and PoW mechanisms?

The evolution of the regulatory situation, as well as the establishment of crypto in the mainstream financial industry, led traditional financial institutions to adapt their strategies. Out of the world’s best wealth-getting managers, UBS, for example, has been conducting Layer-2 technology experiments and testing ZKSync, which signals the deeper interest of traditional finance (TradFi) in the crypto infrastructure. The research and development of Blockchain inclusion as one of the mainstay products and services introduces the phase of artistic improvements that can be anticipated in the forthcoming period.