TLDR:
- Flare has collaborated with Hypernative to secure its ecosystem from attacks.
- Solana comes under criticism for a large number of failed transactions.
- NuggetRush has been tipped to be the next blue-chip crypto of 2024.
Flare, in alliance with Hypernative, is enhancing security within Flare. Nevertheless, Solana has come under fire over 72 million transactions that have failed, leading to reliability questions. At the same time, NuggetRush is attracting attention, as analysts see it as the next blue-chip cryptocurrency of 2024. This makes it one of the most promising altcoins to watch.
NuggetRush (NUGX) To Become the Next Blue Chip Project
Among the various projects in the crypto space, NuggetRush (NUGX) has stood out with its unique approach to gaming. The project offers players access to an immersive environment where they can play games and grab rewards.
These rewards – popular NFTs, free tokens, gaming assets, and collectibles – add a new dimension to its gaming project. Moreover, the project includes different ways in which players can interact with other miners. It also generates contests and mining missions that can be participated in by players.
NuggetRush allows players in its contests to form partnerships to create a community-oriented atmosphere. Unique features gave NuggetRush an opportunity to be one of the top 10 cryptocurrencies of 2024. Manifested in its presale, it is an evidence of what it can do. NUGX tokens, which were sold during its cryptocurrency ICO, exceeded 270 million.
In addition, it raised $3.75 million from a mix of small and large shareholders. This shows that they believe in the NuggetRush dream and are willing to sacrifice for it. With NuggetRush’s NUGX now valued at $0.020, investors who want to increase their holdings can look forward to its listing after the upcoming airdrop.
Flare (FLR) Partners With Hypernative To Expand Its Security
Flare (FLR) has partnered with Hypernative to enhance the security of its ecosystem. This partnership will give Flare full protection against zero-day cyber-attacks. It would notify the work of incoming threats and vulnerabilities. Notably, Hypernative uses an “always-on” monitoring approach. Its technology will scan the platform 24/7 for potential flaws in assets, protocols, and applications.
Interestingly, this news has pushed Flare’s FLR token to a new high. FLR is one of the bullish altcoins in the market despite the bear movement. Its price has increased by 13.9% on the 7-day price chart. The altcoin soared from a weekly low of $0.03374 to a high of $0.04533.
Solana (SOL) Suffered 72M Failed Transactions
Solana (SOL) has reached new heights as it gained popularity in the past year. Its price skyrocketed above the $200 mark. Also, the network welcomed a surge in new projects, such as Solana memecoins with several airdrops.
However, Solana came under the heat in April amidst the growing interest in meme coins. On April 4th, data from Dune Analytics showed the network recorded 72 million failed transactions. Only 20 million transactions were successful.
No concrete cause is known for this increase in failed transactions, but it has instilled fear in investors. In the same way, Solana’s native token, SOL, is at the bottom of the price ladder. The altcoin price has decreased by 7.6% in the last seven days. From $203.10, the low of SOL was $172.79.
Conclusion
While Solana’s price has dropped in the past week, Flare and NuggetRush are leading altcoins in a bull run. Analysts have tagged NuggetRush as a project that investors must not overlook. They believe among all 100x tokens, NuggetRush has the greatest potential to be the next blue-chip project. Therefore, investors should not overlook the new DeFi project.
Visit the NuggetRush Presale Website
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