The Daily Leo #593

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	Forwarded this email? Subscribe here for more Is Ethereum Getting Outphased? The Daily Leo #593 idiosyncratic and Akin Nov 18   READ IN APP   Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO Is Ethereum Getting Outpaced? Ethereum, despite its innovations, struggles with high fees and slow speeds, raising concerns about its decline as competitors like Solana, Chainlink, XRP, and Cardano (ADA) gain traction. Chainlink focuses on interconnectivity, XRP may benefit from legal clarity, and Cardano aims to integrate Bitcoin into DeFi, positioning them as potential challengers to Ethereum's dominance. XRP Futures Open Interes hits a new record high as its price hits a tree-year high XRP has surged in price, reaching $1.14 with an 80% increase over five days and record futures open interest of $2 billion, fueled by bullish sentiment and favorable political developments, including Donald Trump's pro-crypto stance. Ripple’s legal battles with the SEC, where a judge ruled retail XRP sales did not violate securities laws, remain a factor, with the appeal deadline set for January 2025. Speculation that Ripple CEO Brad Garlinghouse may influence crypto policies under Trump and potential approval of an XRP ETF by Bitwise further drive market optimism, despite the inherent volatility of leveraged trading. Polish Presidential Candidate Pledges Support for Strategic Bitcoin Reserve Polish presidential candidate Sławomir Mentzen plans to create a strategic Bitcoin reserve if elected in 2025, following global trends like El Salvador's Bitcoin adoption. His proposal mirrors initiatives by U.S. leaders and aims to position Poland as a crypto-friendly nation, sparking both support and criticism over cryptocurrency volatility. The Future Of DePIN & Staking Your PEAQ Tokens The Peaq Network, a Polkadot parachain focused on the DePIN sector, offers innovative passive income opportunities through projects like Salala and Nodle, allowing users to run multiple nodes and devices for earnings. With 38 DePINs and many yet-to-launch tokens, Peaq's ecosystem is poised for significant growth, boosting its long-term value. Staking PEAQ tokens is a recommended strategy for maximizing returns, though users must weigh risks like validator requirements. The expanding DePIN sector and upcoming projects make Peaq a promising investment for crypto enthusiasts seeking exposure to this niche and passive income opportunities. InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. Thanks for reading The Daily LEO! Subscribe for free to receive new posts and support my work. Pledge your support A guest post by Akin I write about the future of financial technology Subscribe to Akin The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. Pledge your support   Like Comment Restack   © 2024 LeoFinance 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe