Global

Polygon Labs, the entity behind the Ethereum-linked blockchain network Polygon, is intensifying its focus on zero-knowledge (ZK) solutions through a significant organizational change.

LayerZero, a cross-chain interoperability protocol, is preparing for its first token airdrop, sparking debate over its strategy to combat token farmers. The central issue is LayerZero's "anti-Sybil strategy." Sybil attacks involve creating multiple wallets to exploit airdrops, inflating the protocol's apparent popularity without adding long-term value.

The price of Ripple (XRP) may face a delay before experiencing a breakout and a significant increase. This is due to investors' hesitation to hold onto their investments for potential gains, opting instead to sell.

In the final days of May, Bitcoin (BTC) has kept investors and traders on edge. After reaching a new all-time high of nearly $73,000 in March, it subsequently fell sharply, dipping below $57,000 at one point. Recently, Bitcoin seemed ready to aim for new records again.

K9 Finance DAO (KNINE), introduced as a win-win token on March 7, 2024, serves as the official liquid staking solution on the Shiba Inu and Shibarium blockchain.

Santiment, a market intelligence platform that provides on-chain and social metrics, has identified a growing bullish sentiment among most major cryptocurrencies. Bitcoin and Ethereum are showing signs of approaching their all-time highs (ATH), and large-volume investors, known as whales, are exhibiting market behaviors that align with this positive outlook.