tl;dr
Circle has expanded its Web3 services by onboarding the Solana network, aiming to help developers create enterprise-grade wallets and boost security. The Web3 service will offer Programmable Wallets and Gas Solutions on Solana, supporting Ethereum, Polygon PoS, Avalanche, and Solana. In the future, ...
Circle's Web3 Service has expanded to the Solana network, offering Programmable Wallets and Gas Solutions for developers. This empowers business and blockchain developers to create multi-chain wallets and applications. The service will also support Gas Stations, Programmable Wallets, and APIs for fungible tokens, with plans for NFT support in the future. This expansion aligns with Solana's growth in DeFi numbers, NFT volumes, and total value locked, which currently stands at $4.48 billion. Circle aims to onboard more users through the frictionless exchange of value. The Web3 service on Solana will support Ethereum, Polygon PoS, Avalanche, and Solana, with future plans to support NFTs and other programs. This move reflects the growing demand for seamless services and interoperability in the crypto market. Circle's Web3 Service launch on Solana empowers developers to create enterprise-grade wallets and boost security. Circle continues to roll out products to the Solana blockchain, including stablecoins and integration of CCTP, further demonstrating the company's commitment to the platform's thriving network. Solana's decentralized ecosystem has seen significant growth in DeFi numbers, as well as an increase in NFT volumes and total value locked, attracting users and aligning with Circle's goal of onboarding more users through the seamless exchange of value.
More about C3 Ai Inc
Stock Market Analysis: C3 Ai Inc (C3)
C3 Ai Inc (C3) operates in the Technology, Services-Prepackaged Software sector with a market cap of 3.87 billion. The stock has shown a -2.34% change in price, closing at 29.35.
The Relative Strength Index (RSI) stands at 2.602, indicating a neutral position. The stock is currently below the 200-day moving average of -0.901.
The trading volume for C3 was 310,582,000, with a beta of 0.196.
Overall, C3 Ai Inc's stock is showing signs of potential stability with neutral RSI and a position below the 200-day moving average. However, the negative price change should be considered in the context of the overall market trend.
More about Core Scientific Inc. Common Stock
Stock: Core Scientific Inc. Common Stock
Description: Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.
Sector: Technology
Industry: Services-Computer Processing & Data Preparation
Market Cap: 542,047,000
Dividend Yield: None
EPS: 1.323
P/E Ratio: -0.491
Volume: 502,400,000
Current Price: 6.75
52-week High: 0
52-week Low: 0.171
More about Hut 8 Corp. Common Stock
Stock Analysis: Hut 8 Corp. Common Stock Summary of Technical Analysis
Hut 8 Corp. Common Stock
Sector: FINANCE
Industry: FINANCE SERVICES
Volume: 157,304,000
Current Price: $15.11
52-Week Range: $5.56 - $15.11
Support Level: $2.307
Resistance Level: $2.499
Change: -0.79
More about Iris Energy Ltd
Stock Market Analysis: Iris Energy Ltd Stock Market Analysis: Iris Energy Ltd
Sector: TECHNOLOGY, SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Revenue: 1810312000
Profit Margin: -0.06
Earnings per Share (EPS): 2.179
Return on Equity (ROE): -0.0532
Volume: 165535000
Dividend Yield: 12
P/E Ratio: 0
Market Cap: 3.798
More about Li Auto Inc
Li Auto Inc. Stock Analysis Summary
Li Auto Inc. designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. The company is headquartered in Beijing, China.
Industry: Manufacturing, Motor Vehicles & Passenger Car Bodies
Market Cap: 207.91B
Current Price: $12.64
Dividend Yield: None
P/E Ratio: 1.51
52-Week Range: $87.00 - $132.36
RSI (14): 0.087
Volume: 130,697,937
EPS: $37.91
Change from 50-Day Moving Average: -0.378
Change from 200-Day Moving Average: 0.364
More about Emeren Group Ltd
Stock Analysis Summary
Company: Emeren Group Ltd, ReneSola Ltd
Industry: Manufacturing, Semiconductors & Related Devices
Market Cap: 102,534,000
Dividend Yield: None
EPS: -0.16
Revenue: 1,918
Operating Margin: -0.127
Volume: 106,582,000
50-Day Moving Average: 4.88
200-Day Moving Average: 3.42
Relative Strength Index (RSI): 0.148