Cryptomus

Solana is underperforming compared to other major altcoins due to its incompatibility with Ethereum and the upcoming launch of Monad and Sei V2, which support Parallel EVM. This may lead to liquidity fragmentation across ecosystems and leave Solana behind in the stablecoin mainstream. Solana's transaction speed, once a competitive edge, is no longer a unique advantage.

High inflation in Latin America and Africa has accelerated the adoption of stablecoins over Bitcoin, with dollar-pegged tokens accounting for 40% of purchases in LATAM and Bitcoin's retail share dropping to 18%. Factors like quantum computing threats and U.S. stablecoin legalization are expected to solidify this shift.

TRADOOR's token plummeted 90% in 30 minutes, with analysts suspecting a deliberate rug pull after a pump-and-dump scheme. The project's team held 86% of tokens, enabling artificial price manipulation before dumping, similar to recent cases like MemeCore and RaveDAO. The project's low security score and centralized token control raised red flags.

Bitcoin reached new highs while Ethereum failed to break its local high after a correction on 17 April. A 8% divergence between BTC and ETH in late April signals a potential altcoin sell-off in May, with the 'Sell in May and go away' stock market trend possibly impacting cryptocurrencies. ETH outflows from exchanges and ETF inflows highlight mixed investor behavior.

The article discusses a business owner's consideration of accepting USDT payments due to its stability compared to other cryptocurrencies. The user seeks insights on whether customers naturally prefer USDT or if guidance is needed, and explores backend payment solutions like NOWPayments, Finassets, BitPay, and Cryptomus.

DeFi platform Aave lost 20% of its token market cap after a $200 million hack on KelpDAO exploited an undercollateralized rsETH token. The vulnerability stemmed from a single-validator confirmation system, raising concerns about decentralization and security across Aave's partner platforms. Investor panic led to $7 billion in withdrawals, with increased inflows to Binance.

The article highlights Bitcoin's resilience, noting that despite repeated claims of its decline, Bitcoin's price continues to rise, with a recent increase of $4,000. The post was submitted by the user /u/Cryptomuscom.