7 days ago

Lens Protocol Floats New Network For Decentralized Social Media Apps

Lens Protocol has officially launched its blockchain network, Lens Chain. This new network supports social media apps where users own their data and control their online experience. It was revealed that about 125 gigabytes of data logs were moved to the new network. This marks one of the biggest data transfers ever in blockchain history. This data includes all the social activities, posts, and records from the old version of Lens on the Polygon network. Why Did Lens Protocol Create Its Blockchain? Lens Protocol is a well-known Web3 social platform. The platform lets people create social media apps that do not rely on big tech companies. Instead, users have full control of their profiles, posts, followers, and how they profit from their content. Lens originally ran on Polygon, a Layer 2 solution built on the Ethereum network . However, as more users and apps joined, the data became too big to handle easily. The Web3 project wanted a network built specifically for social media on the blockchain, also known as social finance (SocialFi). This led to the creation of Lens Chain, which helps improve speed, reduce costs, and handle larger amounts of information. What Is Special About Lens Chain? Lens Chain is designed to support many different types of Web3 social apps. This initiative makes it easy for developers to create and launch apps without much blockchain knowledge. The new network is fast and cheap because it uses a special Validium blockchain. This model helps Lens Chain keep the main data off the Ethereum network. It stores data using Avail, keeping costs low and performance high. Avail’s Data Availability Sampling (DAS) ensures data stays secure and accessible without overloading nodes. Lens Chain also uses zkSync ’s roll-up technology. This technology helps keep user data private by verifying information without showing the details. Additionally, Lens Chain uses GHO, a stablecoin created by Aave, for network transactions instead of Ethereum (ETH) for transaction fees. Notably, GHO is pegged to the US dollar, which makes gas fees predictable and stable. Lens Chain Sees Massive Adoption And Financial Support Several well-known Web3 social apps, including Bonsai, Fountain, and Orb, have already moved to Lens Chain. These apps are early adopters of Lens Chain and part of the growing SocialFi movement. Lens has also gained strong support from the Web3 community. Last December, Lens Protocol raised $31 million in a funding round led by Lightspeed Faction. Other investors included Avail, Circle , Consensys, Wintermute Ventures , and several individual investors. The Web3 project has raised about $46 million and has over 650,000 users, showing that many people are interested in owning their social media data. The post Lens Protocol Floats New Network For Decentralized Social Media Apps appeared first on TheCoinrise.com .

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Spotlight Turns to XRP and Ethereum—Will BTC Hit $250K?

As the cryptocurrency market navigates through 2025, XRP , Ethereum (ETH) , and Bitcoin (BTC) are capturing significant attention from investors and analysts alike. With evolving market dynamics and expert predictions, these digital assets are poised for potential substantial movements. Current Market Performance XRP : Trading at $2.01 , with an intraday high of $2.02 and a low of $1.93. Ethereum (ETH) : Priced at $1,557.14 , experiencing an intraday high of $1,604.46 and a low of $1,486.37. Bitcoin (BTC) : Valued at $82,326.00 , reaching an intraday high of $82,344.00 and a low of $78,626.00. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: An Emerging Opportunity While established cryptocurrencies continue to dominate, emerging projects like MAGACOINFINANCE are capturing investor interest. MAGACOINFINANCE is on fire in 2025, surging with unmatched momentum and market strength. At just $0.0002804 , it’s the ultimate entry for those chasing serious upside. The future listing at $0.007 gives early buyers a massive edge. Over 10,000 investors are already in—don’t get left behind. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Additional Considerations: TON, AVAX, and SUI Tokamak Network (TON) : Trading at $1.079 , with an intraday high of $1.12 and a low of $1.036. Avalanche (AVAX) : Priced at $18.59 , experiencing an intraday high of $18.68 and a low of $17.65. Sui (SUI) : Valued at $2.19 , reaching an intraday high of $2.20 and a low of $2.06. Conclusion XRP, Ethereum, and Bitcoin continue to demonstrate significant potential in 2025, with expert predictions suggesting substantial growth. Emerging projects like MAGACOINFINANCE offer additional avenues for diversification. Investors should conduct thorough research and consider market dynamics when making decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Spotlight Turns to XRP and Ethereum—Will BTC Hit $250K? The Coin Rise

XRP, Solana, and BTC May Lead the Upcoming 100x Wave

As the cryptocurrency market continues to evolve, XRP , Solana (SOL) , and Bitcoin (BTC) are capturing the attention of investors and analysts alike. These digital assets are showing strong potential for substantial growth in 2025. Current Market Performance As of April 11, 2025 , the market reflects the following prices: XRP: Trading at $2.01 , with an intraday high of $2.02 and a low of $1.93. Solana (SOL): Priced at $118.04 , experiencing an intraday high of $119.13 and a low of $108.46. Bitcoin (BTC): Valued at $80,835 , maintaining a strong position amid market fluctuations. These figures highlight the resilience and potential of these leading cryptocurrencies in the face of recent economic challenges. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: An Emerging Opportunity While established cryptocurrencies continue to dominate, emerging projects like MAGACOINFINANCE are capturing investor interest. MAGACOINFINANCE is rewriting the 2025 crypto narrative with serious energy. Now at $0.0002804 , and heading for a bold $0.007 listing.It’s already attracted more than 10,000 confident backers . There’s no slowing down—MAGACOINFINANCE is your winning edge. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Additional Considerations: ETH, HBAR, and XLM Other cryptocurrencies also present noteworthy opportunities: Ethereum (ETH): Trading at $1,561.52 , with an intraday high of $1,604.46 and a low of $1,486.37. Hedera (HBAR): Priced at $0.172036 , experiencing an intraday high of $0.176524 and a low of $0.166136. Stellar (XLM): Valued at $0.235009 , reaching an intraday high of $0.237453 and a low of $0.225282. While these assets show potential, they currently lack the momentum observed in XRP, Solana, and Bitcoin. Conclusion XRP, Solana, and Bitcoin continue to demonstrate significant potential in 2025, making them top cryptocurrencies to watch. Emerging projects like MAGACOINFINANCE offer additional avenues for diversification. Investors should conduct thorough research and consider market dynamics when making decisions. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: XRP, Solana, and BTC May Lead the Upcoming 100x Wave The Coin Rise