Solana surge continues

Check the best trends & indicators [View in Browser]( 🎄 👀 Christmas is just around the corner! Our Holiday Ruby Red Ledger Nano X & Ledger Nano S Plus are already out of stock, but if you’d still like to give the gift of self-custody, check [ledger.com]( and make your best choice. [Gift Self-Custody For Xmas →](   [Solana (SOL), Stacks (STX), Avalanche (AVAX), and Helium (HNT) are 2023’s best-performing digital assets.]( Solana leads the way with a 683% yearly increase, followed by Stacks (+503%), Avalanche (+298.67%), and Helium (+ 224%). As outlined by Coinmarketcap, each of these protocols showcased a distinct narrative: Solana’s robust fundamentals, Helium’s mobile venture, Avalanche synergies with Amazon Web Services and J.P. Morgan, and Stacks’ shift towards a multifaceted and programmable Bitcoin Layer-2 platform. Needless to say, a question on everyone’s lips is: which crypto protocol will perform best next year? [Bitcoin ETF’s much-awaited regulatory acceptance nears a critical deadline.]( On January 10th, U.S. regulators will finally decide whether to greenlight the first batch of much-awaited Bitcoin ETFs, namely Cathie Wood’s ARK Investment and 21Shares. The regulatory entity could also rule on other filings, including BlackRock’s. Per Bloomberg Intelligence’s estimates, the spot-Bitcoin ETF market could “grow into a $100 billion juggernaut in time,” enabling money managers to buy Bitcoin with unprecedented ease, and crypto to become a much more significant and legitimate part of traditional finance. [Renowned Shiba Inu (SHIB) Developer wants to move beyond the Meme frenzy.]( Shytoshi Kusama, a popular SHIB developer, recently argued on X the need for Shiba Inu to shift away from speculative memes and contribute to real-world utility, including the building of a decentralized internet. As he puts it, he wishes to develop a standard “that can easily support the technology all of us are building for the betterment of the world.” The protocol recently struck a partnership with decentralized identification experts D3 Global that aims to create Shib name tokens for the Shib Name Service. “The next partnership & the purpose therein gives us a finish line to this ground-breaking experiment known as Shiba Inu,” Kusama added. [Manage Your Assets →](     → [$9.03 billion]( The value of [Solana-based DEX volume]( over the last seven days, per [Defi Llama]( outpacing DEX volume on Ethereum for the first time ever. This trend, which might be short-lived, can be attributed to the network’s lower gas fees, as well as Solana’s meme coins BONK and Dogwifhat skyrocketing prices. → [$37.58]( The average transaction fee on the Bitcoin blockchain reached this week, a surge attributed to more Ordinals being minted and taking up blockspace. The highest fees level was reached in April 2021, when the average transaction price was $62.77. → [+53%]( The Near (NEAR) protocol price increase over the past week, reaching a 440-day high yesterday. The crypto also enjoyed a 90% rally over the last 30 days. Per Artemis, on-chain transactions on the network have climbed by 975% since the month began.  → [+55%]( The increase in on-chain private loans since early 2023, a fraction of the booming $1.6 trillion private credit market. While traditional private credit has been labeled too opaque, “Increased transparency (...) on-chain reduces the risk of lending,” said Makszin, co-founder of Lendary Capital. → [+55%]( The increase in on-chain private loans since early 2023, a fraction of the booming $1.6 trillion private credit market. While traditional private credit has been labeled too opaque, “Increased transparency (...) on-chain reduces the risk of lending,” said Makszin, co-founder of Lendary Capital.  [Buy Crypto Now →](    [YouHodler]( new MultiHODL feature is now on your Ledger Live app, allowing you to choose a convenient investment strategy [based on personal needs!](  Seth Hertlein joined policy leads from Block, Metamask, and Blockchain Association for [On The Ledger]( podcast to discuss the newly proposed U.S. Treasury rules.  Ton blockchain is building a crypto ecosystem in Telegram, and its native coin TON [now has a Nano app.]( [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=92b5bc6b3a4b4f988c798ebe755a56ae&elqaid=812&elqat=1&elqCampaignId=369).