Bitcoin, Ethereum, and Solana were all flat on Friday morning after a rough start to the week.
At the time of writing,was trading at $40,444. It’s up 1% from this point yesterday and down 2.2% since last Friday. Trading volume has declined since the beginning of the week, with $18 billion worth of BTC moving in the past day, up from $31.2 billion on Tuesday, according to data from CoinGecko.
meanwhile,According to CoinGecko, at the time of writing, it was trading at $2,221.47, almost unchanged from the same price yesterday. While BTC has recovered somewhat from its decline earlier this week, Ethereum has fallen more than 10% in the past seven days.
The Ethereum community is currently preparing for the next big network update. The upgrade promises to make transactions on the network faster and cheaper, and will next be rolled out in two more testnets in early February. The goal is to bring Dencun to the Ethereum mainnet by March, the developers confirmed on Wednesday.
One of the highlights of Friday isMeme coin BONK. The dog-themed token is up 6.9% since this time yesterday and is currently trading at $0.00001133. This week, it has barely maintained its place among the top 100 crypto assets by market capitalization. According to CoinGecko, its market capitalization is $688 million, making it the 98th largest asset.
Earlier this week, the BONK community announced: become one of our sponsors For the Solana Hacker House event in New York in March.
Meanwhile, Solana recorded a modest 1.7% rise from yesterday and is currently trading at $88.90. Solana Foundation announced earlier this week that tokens minted on the network will have new features, including issuer-determined transfer fees, confidential transfers, and metadata requirements. All of this is aimed at making blockchain a more attractive destination for stablecoins and real-world assets, the foundation said.