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XRP hovers on key support as Bloomberg’s McGlone warns of a breakdown while CryptoBull bets on a long consolidation before a major upside breakout. Bloomberg Senior

The post Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards appeared on BitcoinEthereumNews.com. Through the partnership with MEV Zone, Chorus One users will earn extra yield automatically. The Chorus One Avalanche node has a total stake of over 1.7 million, valued at around $55 million. This collaboration will introduce MEV Zone to both public nodes and Validator-as-a-Service. The Avalanche network stands to benefit from fairer and more efficient markets due to enhanced transparency. Chorus One, a highly decorated institutional-grade staking provider, has inked a strategic partnership with MEV Zone to enhance yield generation on the Avalanche (AVAX) network. The Chorus One partnered with MEV Zone to increase the AVAX staking yields, while simultaneously contributing to the general growth of the Avalanche network. “At Chorus One, we see this as an important step in our ongoing journey to provide robust infrastructure and innovative yield strategies for our partners and clients,” the announcement noted.  Why Did Chorus One Partner With MEV Zone? The Chorus One platform has grown to a top-tier institutional-grade staking ecosystem, with more than 40 blockchains, since 2018. In a bid to evolve with the needs of crypto investors and the supported blockchains, Chorus One has inked several strategic partnerships in the recent past, including MEV Zone. In the recent past, MEV Zone has specialized in addressing the Maximal Extractable Value (MEV) challenges on the Avalanche network. The MEV Zone will help Chorus One’s AVAX node validator to use Proposer-Builder Separation (PBS). As such, Chorus One’s AVAX node will seamlessly select certain transactions that are more profitable when making blocks. For instance, MEV Zone will help Chorus One’s AVAX node validator to capture arbitrage and liquidation transactions more often since they are more profitable.  How will Chorus One’s AVAX Stakers Benefit Via This Partnership? The Chorus One AVAX node has grown over the years to more than 1.77 million coins staked, valued…

Solana's price surged to an impressive $246 recently, driven by a spike in decentralized exchange activity outperforming Ethereum. Could $250 be the next milestone for SOL? This article delves into the factors propelling Solana's rise and explores which other cryptocurrencies might be poised for significant growth. Solana Price Soars: Will It Continue Its Upward Momentum? Source: tradingview  Solana's price is currently sitting in a range between the low $200s and mid-$200s. It's been climbing rapidly, showing about a 93% rise in six months. The nearest hurdle for further growth lies at $275, which could soon be within reach if the upward trend continues. Beyond that, the next potential target is $319. If Solana breaks through these levels, it could potentially see gains of around 20% to 50% from its current range. The coin's momentum is evident in its recent weekly jump of over 10% and a month-long leap of over 35%. With strong support around $187, Solana seems poised for more action. Conclusion SOL has demonstrated impressive growth by hitting $246 and surpassing Ethereum in DEX volume. This significant milestone signals robust interest and potential for further gains. Given the current momentum, reaching $250 could be just the start of a larger upward trend. Additionally, strong DEX activity indicates sustained user engagement and confidence. The market will be closely watching SOL's performance as it continues to evolve. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.