What Happened in the Web3 World This Week?
Solana is strengthening its growth in the cryptocurrency ecosystem. Published reports highlight Solana's growth rates.
Web3 Platform Travala Integrates Crypto Payments on Trivago
Web3 travel platform Travala has partnered with Trivago. Users will be able to pay with Bitcoin (BTC), Ethereum (ETH), and over 100 tokens at 2.2 million hotels.
Read more here.
Czechia Approves New Regulation for Crypto Assets
Czech President Petr Pavel has approved a new crypto law aligned with the European Union’s MiCA regulations.
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USDT Enters the UAE Real Estate Market
Tether has partnered with Reelly Tech to enable real estate purchases in the United Arab Emirates using USDT.
Read more here.
Stablecoin Transaction Volume Surpasses Visa
According to ARK Invest's "Big Ideas 2025" report, while Bitcoin's annual volatility hit a record low in 2024, stablecoin transaction volume has surpassed Visa and Mastercard.
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Telegram Mandates TON Connect for Crypto Wallets
Telegram has made it mandatory for crypto wallets to connect exclusively through TON Connect. With this decision, mini-apps are now restricted to the TON blockchain.
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Solana’s Application Revenue Surges 213% in Q4 2024
According to Messari's report, application revenue on the Solana network increased by 213% in Q4 2024, reaching $840 million. This growth, which peaked at $367 million in November, was largely driven by memecoin speculation.
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MicroStrategy Rebrands as ‘Strategy’
MicroStrategy has changed its name to "Strategy" to strengthen its Bitcoin-focused identity. The new logo of the brand also features the Bitcoin symbol.
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Jupiter and Former Malaysian Prime Minister’s X Accounts Hacked
The X accounts of Solana-based DEX Jupiter and former Malaysian Prime Minister Mahathir Mohamad were hacked to promote fake memecoins. The MEOW Token shared from Jupiter's account quickly reached a market value of $30 million, while the MALAYSIA Token shared from the former Prime Minister's account reached $3.4 million before experiencing a significant drop in value.
Read more here.
