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Cryptocurrency News Articles

Solayer Labs Launches LAYER Token to Boost SOL Ecosystem, Tron's (TRX) Network Achieves $2.1B Revenue, BlockDAG (BDAG) Captures Attention with Referral Program

Jan 08, 2025 at 01:00 am

Solayer Labs is driving growth within the Solana ecosystem with the launch of its governance token, LAYER, designed to enhance decentralized decision-making and advance the Solana Virtual Machine.

Solayer Labs Launches LAYER Token to Boost SOL Ecosystem, Tron's (TRX) Network Achieves $2.1B Revenue, BlockDAG (BDAG) Captures Attention with Referral Program

Solayer Labs is driving growth within the Solana ecosystem with the launch of its governance token, LAYER, designed to enhance decentralized decision-making and advance the Solana Virtual Machine.

The Tron (TRX) network has also made major moves this week, achieving $2.12 billion in revenue in 2024, showcasing the strength of its ecosystem despite slight price declines.

Meanwhile, BlockDAG (BDAG) continues to capture attention with its unique Refer & Earn system.

Solayer launches LAYER token to boost SOL ecosystem

As part of the newly established Solayer Foundation, the goal is to advance the Solana Virtual Machine (SVM) and support the growth of distributed systems.

The foundation’s governance will be driven by LAYER token holders, ensuring a decentralized approach to decision-making.

LAYER will initially function as a governance tool for the re-staking platform, driving engagement and growth within Solana’s ecosystem.

Solayer's advanced solutions, including the launch of sUSD and a yield-bearing stablecoin, have already made a notable impact, positioning Solayer as a leading protocol in the Solana ecosystem.

Tron’s (TRX) network achieves $2.1 billion revenue

Tron (TRX) network has achieved remarkable success in 2024, earning $2.12 billion in revenue, marking a 115.73% growth from the previous year.

Despite this impressive financial achievement, the TRX price has experienced a slight decline of nearly 1% within 24 hours.

The Tron network's continued success can be attributed to its unique ecosystem, high transaction speeds, low fees, and efficient consensus mechanisms, making it an attractive option for decentralized applications (dApps) and developers.

While the TRX price faces short-term bearish pressure, with the price currently below key moving averages, the Tron network's long-term growth and expansion into DeFi, gaming, and partnerships suggest potential for future gains in the TRX network.

BlockDAG (BDAG) buyers get cashback with its referral program

BlockDAG’s Refer & Earn system is providing traders with a golden opportunity to maximize USDT rewards.

Initially, referrers receive 6% cashback on the first purchase, 7% on the second, and up to 10% on the fifth purchase and beyond.

This tiered cashback structure incentivizes continued engagement and strategic planning for maximum rewards.

Referrers can plan their campaigns by encouraging multiple purchases from their referrals within the same 24-hour cycle, ensuring they reach the highest cashback rate of 10%.

The 24-hour reset mechanism operates based on UTC, meaning all purchases made after the reset start at the initial 6% cashback rate, providing an ongoing opportunity for earning.

This makes it essential for users to carefully time their referrals to capitalize on the rising rewards.

Purchasers, too, continue to receive 6% cashback on every transaction, further fueling the system’s appeal.

BlockDAG’s presale is priced at $0.0248 in batch 27.

As the next batch approaches, this is a prime opportunity to capitalize on the rewarding system and join BlockDAG’s rapidly expanding ecosystem.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

News source:u.today

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Other articles published on Jan 09, 2025