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Why Phantom Wallet Is Taking Over: Solana, Ethereum, Bitcoin & More
What Is Phantom Wallet?
Phantom Wallet is a non-custodial, multichain crypto wallet that started as a Solana-only tool but quickly grew to support Ethereum, Polygon, Bitcoin, Base, and more. Built for speed and simplicity, it lets users easily manage their digital assets across multiple blockchains from one place. Whether you're trading meme coins, collecting NFTs, or staking tokens, Phantom provides a seamless experience tailored for both beginners and experienced users.
Why Phantom Wallet Matters Globally
For crypto users in places like the US, UK, UAE, or even India, managing multiple wallets across different blockchains can be overwhelming. Phantom solves this by offering a single platform that brings all your assets together. Thanks to integrations with services like MoonPay and Coinbase Pay, users can also buy crypto directly in the wallet using USD, EUR, or other fiat currencies. It’s accessibility made simple.
Security That Gives You Full Control
Phantom is a non-custodial wallet, which means you hold the private keys—not a company. This is a critical feature for users who prioritize control and privacy. To enhance safety, the wallet also supports biometric login (like Face ID), hardware wallet integration with Ledger, and advanced transaction previews that help detect scams before they happen. In fact, Phantom's system helped block over 18,000 malicious attacks in 2023 alone.
Explore DeFi and NFTs Easily
Inside the Phantom app, users can instantly connect to top Solana dApps like Jupiter Exchange, Magic Eden, and Raydium. You can swap tokens, buy or sell NFTs, and explore DeFi protocols—all without leaving the wallet. Phantom focuses on direct dApp interaction, giving users full freedom to explore Web3.
Passive Income Through Staking
Phantom makes it easy to stake SOL directly from your wallet, letting you earn passive income (sometimes up to 7% APY). This feature is perfect for users looking to grow their holdings without actively trading. Just be sure to research validators before staking to avoid unreliable operators—a common risk in the staking world.
Designed for Everyone
Phantom is designed with simplicity in mind. From its smooth interface to quick setup process, it’s easy for beginners yet packed with tools for power users. It’s available as a browser extension (on Chrome, Firefox, Brave, and Edge) and as a mobile app on both iOS and Android.
Phantom vs Fantom: Don’t Get Confused
Some users accidentally search for Fantom Wallet when they mean Phantom. It’s important to know the difference: Fantom is a separate blockchain network, and if you’re dealing with FTM tokens, you’ll need a wallet like MetaMask. Phantom, however, is focused on Solana and multichain features—not Fantom.
Who Built Phantom?
Phantom was founded in 2021 by Brandon Millman, Chris Kalani, and Francesco Agosti. With experience from tech companies like Twitter and blockchain projects like 0x, the team launched Phantom to simplify how users interact with crypto. Their success was massive—by 2022, they raised $109 million and reached a $1.2 billion valuation.
Getting Started with Phantom
Setting up Phantom is quick. Download the extension or app from the official website (phantom.app), create a new wallet, and safely store your 12-word recovery phrase offline. You can then deposit crypto or buy it through MoonPay or Coinbase Pay. Within minutes, you'll be ready to swap tokens, stake SOL, or explore NFTs.
How Phantom Compares to Other Wallets
Phantom and MetaMask serve different needs. MetaMask is great for Ethereum and EVM-compatible networks, but it doesn’t support Solana. Phantom shines in the Solana ecosystem while also supporting Ethereum and Bitcoin. Compared to platforms like BYDFi, Phantom offers full self-custody and better NFT/DeFi integration, while BYDFi is ideal for fiat-to-crypto trading and centralized exchange tools. Many users find value in using both: Phantom for Web3, and BYDFi for centralized crypto services.
Why Millions Are Choosing Phantom
With over 15 million active users and more than $20 billion in annual swap volume, Phantom has become one of the most trusted wallets in the crypto world. Its clean design, tight security, and deep integration with dApps make it a natural choice for anyone serious about digital assets.
Final Thought: One Wallet for All
Phantom Wallet is more than just an app—it’s your all-in-one gateway to crypto freedom. Whether you're staking SOL, collecting NFTs, or managing ETH and BTC in one place, Phantom gives you the power to do it safely and efficiently. If you're using centralized platforms like BYDFi to buy or trade crypto, Phantom makes the perfect companion wallet to hold and grow your assets securely.
2025-08-14 · 5 months ago0 0482Best Cryptos to Invest in Today: Bitcoin, Ethereum, Solana & Beyond
The Best Crypto to Buy Right Now in 2025: A Complete Guide
The cryptocurrency market in 2025 is louder, faster, and more exciting than ever before. Every day, new headlines emerge about tokens making record-breaking gains, blockchain projects partnering with global corporations, and governments shifting their stance on digital assets. With thousands of cryptocurrencies in circulation, the big question remains: which crypto should you buy right now?
For many, this isn’t just curiosity—it’s about financial opportunity. Whether you are a beginner cautiously stepping into digital assets or a seasoned trader searching for the next big altcoin, choosing the right cryptocurrency at the right moment can transform your portfolio. But here’s the challenge: the crypto space is filled with both gems and scams. Volatility can turn fortunes overnight, regulations can shift markets in minutes, and new technologies can either skyrocket or collapse projects. That’s why knowing what to buy, why to buy it, and how to hold it is critical.
This guide walks you through the current state of the market, the most promising cryptocurrencies in 2025, and the key factors you should consider before making a decision. By the end, you’ll be equipped with a clear picture of where to put your money—and how to protect it.
The Crypto Market in 2025: What’s Really Driving the Buzz
One of the biggest drivers is institutional adoption. More and more, large corporations, investment funds, and even banks are embracing blockchain. When companies like BlackRock or JPMorgan begin offering crypto-based products, it sends a powerful signal: this isn’t just speculation anymore, it’s part of the global financial system.
Another major factor is regulatory clarity. In places like the United States, the United Kingdom, Singapore, and even the United Arab Emirates, governments are rolling out clearer rules for how crypto can be traded, taxed, and integrated into the economy. This doesn’t eliminate risk, but it makes the environment safer for investors who were once hesitant.
On the technological side, blockchain scalability has become a hot topic. Older blockchains often struggled with slow transactions and high fees, but new layer-2 solutions and innovative blockchains are solving these issues, making crypto faster, cheaper, and more accessible.
And finally, we can’t ignore the rise of retail investors. From students in India investing with rupees to professionals in Europe buying with euros, the global accessibility of crypto has never been higher. With apps that accept local currencies and simple interfaces, millions of new users are entering the market.
The Leading Cryptos to Watch in 2025
When people ask, What is the best crypto to buy now? , the truth is that the answer depends on what you are looking for—stability, innovation, or explosive growth. Let’s look at the coins that are currently shaping the market.
Bitcoin (BTC) remains the foundation of the crypto world. It’s often referred to as digital gold, and for good reason. In 2025, Bitcoin’s momentum is being fueled by ETF approvals and the effects of the most recent halving event. While its price range—hovering between $60,000 and $80,000—may feel intimidating for beginners, the beauty of Bitcoin is that you don’t have to buy a whole coin. Fractional ownership allows anyone to invest, no matter their budget. Long-term investors view Bitcoin as a relatively safe bet in an otherwise volatile industry, and strategies like dollar-cost averaging help smooth out the ups and downs.
Ethereum (ETH) is the heartbeat of decentralized finance and smart contracts. With upgrades like sharding making it faster and more energy-efficient, Ethereum continues to power Web3, decentralized apps, and NFTs. While its price—between $2,500 and $4,000—puts it in the mid-range, its ecosystem is unmatched. Gas fees, once a constant complaint, are now mitigated by layer-2 solutions such as Arbitrum and Optimism, making Ethereum more accessible than ever. Investors who believe in the future of decentralized applications see Ethereum as essential to their portfolio.
Solana (SOL) has earned the nickname “the speed king.” Known for processing transactions in fractions of a second at extremely low cost, Solana is becoming the go-to blockchain for decentralized gaming and applications that require scale. In the past, it suffered from outages, but 2025 has brought major stability improvements. Priced between $150 and $300, Solana offers growth potential for those willing to embrace a bit more risk than with Bitcoin or Ethereum. For adventurous investors, Solana-based NFT marketplaces and DeFi projects offer unique earning opportunities.
Cardano (ADA) takes a slower but highly sustainable approach. Designed with academic rigor and a focus on environmental responsibility, Cardano appeals to investors who care about scalability, sustainability, and adoption in developing nations. While priced modestly at $1–$2, its true strength lies in long-term potential. Recent partnerships, particularly across Africa, show that Cardano’s mission of real-world use is steadily moving forward. For patient investors, staking ADA for steady returns provides a way to earn while holding.
Polkadot (DOT) brings something entirely different: interoperability. Its goal is to connect different blockchains, creating a more unified ecosystem. This ability to enable cross-chain communication positions Polkadot as a backbone for the next generation of decentralized finance. With prices ranging from $10 to $20, it’s more affordable than many of its peers but requires investors to understand its complex technology. For those who take the time, early involvement in Polkadot parachain projects can open doors to unique opportunities.
How to Decide Which Crypto Is Right for You
Choosing the best crypto isn’t just about looking at charts—it’s about aligning your choice with your goals. If you’re a beginner, Bitcoin and Ethereum are generally considered safer and more stable. If you’re an experienced trader with a higher tolerance for risk, altcoins like Solana and Polkadot may offer more exciting growth.
Budget also plays a role. Not everyone can afford thousands of dollars per coin, but options like Cardano provide a low-cost entry point without sacrificing potential. And of course, where you live matters too. Exchange availability, local regulations, and even currency strength can shape your strategy.
A practical approach is to diversify—holding a mix of established coins for security and a few high-potential altcoins for growth. Tools like CoinGecko or portfolio trackers make it easier to monitor your assets and react to market shifts.
The Challenges and Risks You Should Expect
Crypto investing isn’t a smooth ride. Volatility is the biggest challenge—prices can swing by double digits in a single day. The best way to manage this is by not putting all your money into a single coin and by only investing what you can afford to lose.
Another concern is security. With scams, phishing attacks, and exchange hacks still common, keeping your assets safe is critical. Hardware wallets like Ledger or Trezor remain the gold standard for storage.
Regulations also vary by country. While places like Singapore and the UAE welcome crypto, others enforce strict rules. Always check what’s legal in your region before investing.
And finally, don’t underestimate trading fees. The difference between using a high-fee exchange and a low-fee one can eat into your profits, especially if you’re an active trader. Comparing platforms like BYDFi, Binance, or Kraken can save you a lot of money in the long run.
How to Get Started with Crypto Investing Today
If you’re ready to take the leap, the process is straightforward. The first step is choosing a reputable exchange. Coinbase is popular for beginners, BYDFi is great for global users, and platforms like Kraken cater to advanced traders. After creating your account, most exchanges will require identity verification (known as KYC).
Next, deposit funds using your preferred method—whether that’s USD, GBP, EUR, or even stablecoins. From there, you can purchase your chosen cryptocurrency. Many investors start small, testing the waters before making larger commitments. Once you’ve made your purchase, transfer your crypto to a personal wallet for safekeeping and always enable two-factor authentication on your accounts.
Why 2025 Could Be the Breakout Year
Many analysts believe that 2025 represents a turning point. After the turbulence of 2024, the market appears to be entering a recovery and potentially the beginning of a new bull run. Adoption is spreading across both developed and emerging markets, and technological innovation is creating use cases that go far beyond speculation. The integration of blockchain with artificial intelligence, gaming, supply chain management, and even national payment systems is reshaping how people view crypto.
For investors, this means that the window of opportunity is wide open—but also competitive. Acting early, with knowledge and caution, is the key to benefiting from what could be one of the most profitable eras in digital finance.
Final Thoughts
So, what is the best crypto to buy right now? The answer depends on you. If you value security and stability, Bitcoin and Ethereum are unmatched. If you’re chasing innovation, Solana and Polkadot are making waves. And if you want a balance of affordability and sustainability, Cardano deserves a spot on your radar.
The most important thing is not just choosing the right coin, but also approaching crypto with the right mindset: diversify, stay informed, protect your assets, and never invest more than you can afford to lose.
2025-09-19 · 4 months ago0 0595Is Phantom Wallet Safe? A Security Review for Solana Users
When you're ready to explore the Solana ecosystem, the Phantom wallet is your key. But with stories of hacks and scams being all too common in crypto, it's natural to ask the most important question of all: "Is the Phantom wallet safe?"
The short answer is yes, Phantom is widely considered to be a secure wallet for the Solana, Ethereum, and Polygon ecosystems. However, the long answer is more important, as it involves understanding how the wallet's security works and what your role is in protecting your funds.
The Security of the Phantom App
Phantom's security is built on a strong, industry standard foundation. First, it is a non custodial wallet. This is the most critical feature, as it means you, and only you, hold the private keys to your assets. Phantom as a company never has access to your funds or your secret recovery phrase. Second, the wallet's code has been independently audited by top security firms to check for vulnerabilities. Finally, for users seeking maximum protection, Phantom allows for seamless integration with hardware wallets like Ledger, which keeps your keys in a secure offline environment.
The Human Factor: Your Responsibility
No matter how secure the software is, the most common point of failure is always the user. The safety of your funds ultimately rests in your hands. Your primary responsibility is the protection of your Secret Recovery Phrase, the twelve word phrase that acts as the master key to your wallet. If someone else gets this phrase, they have total control of your funds. It is essential to never share it with anyone and to store it offline in a safe, private place. Never store it as a screenshot on your computer or in a cloud drive.
Common Threats to Be Aware Of
The vast majority of funds lost by wallet users are not due to the wallet itself being hacked, but due to scams that trick the user into giving up control. You must be vigilant against phishing scams, where fake websites or emails try to trick you into entering your secret recovery phrase. You should also be cautious about interacting with unknown or untrusted decentralized applications. Approving a malicious smart contract can give it permission to drain your wallet, so always double check the websites you are connecting to.
[For a refresher on wallet security, read our main guide: What Is the Phantom App?]
Conclusion
The Phantom app itself is a secure piece of software built with a strong emphasis on user control and safety. However, the ultimate security of your crypto assets depends on your own practices. By safeguarding your secret recovery phrase and being constantly aware of potential scams, you can use Phantom as a safe and reliable gateway to the world of Web3.
Your security journey starts with using a trusted platform for your initial crypto purchases. Acquire your assets on the BYDfi spot market before moving them to your self-custody wallet.
2025-09-23 · 4 months ago0 0592Navigating the Crypto Universe: A Guide to the 7 Essential Digital Asset Types
Navigating the Crypto Universe: A Real-World Guide to the 7 Core Types of Digital Assets in 2025
If you're new to the world of digital currencies, it all looks like a chaotic mess of strange names and dizzying price charts. You might have found yourself wondering, Aren't they all just… Bitcoin? I remember feeling the same way. The truth is, the cryptocurrency landscape has evolved into a rich and complex ecosystem, much like the traditional financial world. Understanding the distinct roles these different assets play isn't just academic—it's the fundamental key to making informed decisions and building a strategy that aligns with your goals.
Whether you're a cautious saver in the U.S., an ambitious trader in India, or someone in Nigeria looking for a more stable store of value, this guide is designed to cut through the hype. We'll walk through the seven fundamental categories of cryptocurrency, explaining what they are, why they matter, and who they might be for, all with a focus on real-world application as we move through 2025.
1. Bitcoin (BTC): The Digital Bedrock
Think of Bitcoin not just as a coin, but as a paradigm shift. Launched in 2009 by the anonymous Satoshi Nakamoto, its primary purpose was to create digital gold —a decentralized, secure, and scarce asset that couldn't be manipulated by any central authority. Its core value proposition is its simplicity and resilience.
1- What It Is: A peer-to-peer electronic cash system and a store of value. Its supply is capped at 21 million coins, making it inherently resistant to inflation.
2- Real-World Use Case: For many, it's a long-term savings account. Investors are increasingly using it as a hedge against economic uncertainty and currency devaluation. While its use for daily purchases is growing, its primary role in 2025 remains as a foundational, value-holding asset.
3- A Note for Beginners: You no longer need to navigate complex wallets to get exposure. In the U.S., for example, SEC-approved Bitcoin ETFs (like those from BlackRock and Fidelity) allow you to buy and sell Bitcoin as easily as a stock through your brokerage account.
4- Outlook for 2025: Bitcoin continues to mature as a mainstream asset class. While it still experiences volatility, its position as the foundational pillar of the entire crypto market is more cemented than ever.
2. Altcoins: The Innovators and Challengers
Altcoin is simply a catch-all term for any cryptocurrency that is not Bitcoin. This is where the vast majority of innovation happens. These projects attempt to improve upon Bitcoin's model or serve entirely different purposes, from powering global computational networks to revolutionizing supply chain management.
1- Ethereum (ETH): The most significant altcoin. It introduced "smart contracts"—self-executing code that powers decentralized applications (dApps). Think of it as the foundation for a new, decentralized internet (Web3). It's the bedrock upon which DeFi (Decentralized Finance) and the NFT ecosystem are built.
2- Solana (SOL): Known for its blistering speed and low transaction costs, Solana positions itself as a high-performance competitor to Ethereum, ideal for applications that require high throughput, like gaming and high-frequency trading.
3- Cardano (ADA): Takes a more methodical, research-driven approach to development. It has a strong focus on sustainability and creating real-world impact, with significant initiatives rolling out in developing nations, particularly in Africa.
3. Stablecoins: The Anchor in the Storm
If the volatility of Bitcoin and altcoins makes you nervous, stablecoins are your safe harbor. Their value is pegged, or stable, to a reserve asset, most often the U.S. dollar. For every unit of a stablecoin like USDC in circulation, there should be a corresponding U.S. dollar held in a bank account.
1- Why They're Essential: They are the lifeblood of the crypto economy. Traders use them to park funds without cashing out to fiat. They are the primary medium for lending and borrowing in DeFi. For people in countries with hyperinflation or strict capital controls, stablecoins like USDT can be a lifeline, offering a way to hold dollar-equivalent value and transfer it globally with relative ease.
2- A Word of Caution: Not all stablecoins are created equal. The collapse of TerraUSD (UST) in 2022 was a stark reminder that algorithmic stablecoins without proper collateral can be extremely risky. For most users, fully-backed and regularly audited stablecoins like USDC and USDT are the preferred choice.
4. Meme Coins: The Speculative Gamble
This is the wild, unpredictable frontier of crypto. Meme coins often start as internet jokes, with no fundamental utility, and derive their value purely from community hype and viral social media trends.
1- The Phenomenon: Coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have generated life-changing returns for some early investors, creating an allure that is hard to ignore. Their movements are often directly tied to the tweets of influential figures like Elon Musk.
2- The Stark Reality: For every Dogecoin success story, there are thousands of meme coins that have plummeted to zero. Investing in them is not investing in technology or utility; it is speculating on crowd psychology. It's crucial to approach this sector with extreme caution and never commit more than an amount you are fully prepared to lose—think of it as entertainment spending, not a retirement strategy.
5. Utility Tokens: The Fuel for Digital Ecosystems
These tokens are not primarily meant to be held as investments; they are designed to provide access to a specific product or service within a blockchain network. They are the fuel or the key that makes a platform run.
1- Examples in Action:BNB: Originally created to pay for trading fees on the BYDFi exchange, its utility has expanded to power the entire BYDFi Smart Chain, used for transaction fees, staking, and participating in token sales.Chainlink (LINK): This token powers a network of "oracles" that securely bring real-world data (like stock prices or weather data) onto the blockchain, a critical service for advanced smart contracts.Uniswap (UNI): This is a governance token, giving holders the right to vote on proposals that shape the future of the Uniswap decentralized exchange.
6. Privacy Coins: Guarding Your Financial Identity
While Bitcoin transactions are pseudonymous, they are recorded on a public ledger for anyone to analyze. Privacy coins like Monero (XMR) and Zcash (ZEC) use advanced cryptographic techniques to obscure transaction details, offering a level of financial privacy similar to physical cash.
1-Legitimate Uses: These coins are vital for journalists and activists operating under oppressive regimes, for businesses wanting to protect sensitive financial data from competitors, and for any individual who values financial privacy as a fundamental right.
2- The Regulatory Challenge: This very feature has placed privacy coins in the crosshairs of global regulators. Many centralized exchanges have chosen to delist them, making them harder to acquire but also underscoring their core value proposition.
7. Layer-2 & Infrastructure Coins: The Scalability Engineers
As blockchains like Ethereum became popular, they encountered a problem: network congestion and high fees. Layer-2 solutions are protocols built on top of a base blockchain (Layer-1) to improve its speed and efficiency.
1- What They Do: They handle transactions off the main chain and then batch them back onto it, relieving the congestion. This makes using the blockchain faster and drastically cheaper.
2- Leading Projects: Polygon (POL) and Arbitrum (ARB) are two major players in the Ethereum Layer-2 space, enabling faster and cheaper DeFi and NFT transactions. Celestia (TIA) is a more experimental modular blockchain that aims to make launching new blockchains incredibly easy.
A Special Focus: Navigating the Markets with BYDFi
In a crowded field of crypto exchanges, BYDFi has carved out a distinct niche, particularly appealing to a global audience. Originally known as BitYard, it has rebranded and evolved into a comprehensive platform that emphasizes user experience and accessibility.
1- Global Accessibility: BYDFi serves users in over 150 countries, offering a wide range of services including spot trading, futures, and copy trading features. Its interface is designed to be intuitive for newcomers while still offering the advanced tools that experienced traders look for.
2- Educational Focus: Understanding that knowledge is power in this space, BYDFi places a strong emphasis on education through its BYDFi Learn center, providing guides and market analysis to help users make more informed decisions.
3- Regulatory Standing: It's important for any user to conduct their own due diligence. BYDFi operates under regulations in the United States and Canada, but it's always crucial to check the latest regulatory status and available services for your specific region before engaging with any platform.
Crafting Your Personal Crypto Strategy
There is no one-size-fits-all approach. Your strategy should be a reflection of your own financial goals, risk tolerance, and interests.
1- If your goal is long-term, generational wealth building with a focus on relative safety, your portfolio should be heavily weighted toward Bitcoin.
2- If you're interested in the technology and future of the decentralized web, a core position in Ethereum, complemented by a few other promising altcoins or Layer-2 tokens, makes sense.
3- If you need a stable medium of exchange for trading or to protect against local currency instability, stablecoins are your primary tool.
4- And if you have a speculative streak and understand the risks, allocating a very small, discretionary portion of your portfolio to meme coins can be approached as a high-stakes gamble.
The most important rule, one that cannot be overstated, is to never invest more than you are absolutely willing to lose entirely. The crypto market is in its adolescence—it is innovative, exciting, and holds immense potential, but it is also volatile and unpredictable. Do your own research, start small, and focus on understanding the technology and the why behind each asset. That knowledge will be your most valuable asset of all.
2025-11-13 · 2 months ago0 0311Jito (JTO) Price Prediction: Factors to Watch for Investors
Following its massive airdrop and rapid rise to prominence, Jito (JTO) has become a key token within the Solana ecosystem. Naturally, investors and traders are all asking the same question: "What is a realistic Jito price prediction?"
While anyone promising you a specific price target is selling a fantasy, what we can do is analyse the fundamental factors that will likely drive the JTO token's value over the long term.
I won't provide you with a definitive answer. Instead, I'll provide you with a balanced framework of the bullish and bearish cases for Jito so you can make your own informed decisions.
Disclaimer: This article is for informational purposes only and is not financial advice. The crypto market is extremely volatile. Always do your own research (DYOR).
The Bullish Case for Jito (Factors That Could Drive the Price Up)
1. The Success of the Solana Ecosystem: This is the single most important factor. JTO's fate is directly tied to the health and growth of Solana. As Solana attracts more users, developers, and capital, demand for core DeFi services like Jito's liquid staking naturally increases. A rising tide for Solana lifts the Jito boat.
2. Dominance in Liquid Staking: Jito is in a fierce competition with other protocols (like Marinade Finance) to be the #1 liquid staking solution on Solana. If Jito can continue to grow its market share and attract more Total Value Locked (TVL), the value and influence of its governance token (JTO) will likely increase.
3. Growth in MEV Rewards: Jito's unique selling point is its ability to capture and distribute MEV rewards to its users. If the MEV opportunities on Solana grow and Jito's software becomes even more efficient at capturing them, the yield on JitoSOL will become more attractive, drawing more users to the platform.
4. The Power of the Jito DAO: The JTO token gives holders governance rights over the Jito DAO, which controls a significant treasury and the future of the protocol. As the DAO becomes more active and influential, the JTO token becomes more valuable as a governance asset.
The Bearish Case for Jito (Factors That Could Drive the Price Down)
1. Intense Competition: Jito is not the only player. The liquid staking space on Solana is highly competitive. If another protocol offers a better yield, a superior user experience, or more utility, Jito could lose market share.
2. Solana Network Instability: While the network has improved, Solana has a history of performance issues and outages. Any future instability could shake confidence in the entire ecosystem and negatively impact the price of all related tokens, including JTO.
3. Broader Crypto Market Downturns: JTO is not an island. If the entire crypto market enters a bear market, driven by a fall in Bitcoin and Ethereum, JTO's price will almost certainly decline along with it, regardless of its own fundamental progress.
4. Airdrop Selling Pressure: A significant portion of the JTO supply was given away in an airdrop. There is always a risk that large airdrop recipients may decide to sell their holdings, creating downward pressure on the price.
Conclusion: So, What's the Prediction?
The Jito price prediction is not a single number. It is a dynamic outcome based on the battle between these bullish and bearish forces.
The most logical prediction is that the price of JTO will be highly correlated with the growth and adoption of the Solana network itself. Your conviction in Jito should be a reflection of your conviction in Solana.
[To learn more about the core technology, read our full guide: What Is Jito (JTO)?]
Ready to act on your own analysis? BYDFi offers a secure and liquid market for trading JTO, allowing you to execute your strategy with precision.
2025-09-19 · 4 months ago0 0416Solana Sees $900M Stablecoin Market Cap Increase in 24 Hours
Solana’s Stablecoin Market Surges by $900M in 24 Hours, Signaling a New Phase of Onchain Finance
Solana has recorded one of its most significant liquidity events of the year after its stablecoin market capitalization expanded by nearly $900 million within a single 24-hour period. The sudden increase highlights a broader shift in how capital is moving onchain, with stablecoins increasingly acting as the foundation of digital financial infrastructure.
According to data from DeFiLlama, the total value of stablecoins circulating on the Solana blockchain rose to approximately $15.3 billion. This sharp rise reflects accelerating adoption across decentralized finance, payments, and real-world asset tokenization, positioning Solana as a serious contender in the race to host global onchain capital markets.
What Triggered the Sudden Stablecoin Influx on Solana?
The primary driver behind the surge was the launch of JupUSD, a new stablecoin introduced by decentralized finance platform Jupiter. Developed in partnership with Ethena, a prominent issuer of synthetic dollar assets, JupUSD brought a wave of fresh liquidity into the Solana ecosystem almost immediately after launch.
The release of JupUSD underscores a growing trend: stablecoins are no longer just passive tools for trading. They are becoming active financial instruments designed to power lending, derivatives, payments, and capital-efficient DeFi strategies. Solana’s high throughput and low transaction costs make it an attractive environment for launching such products at scale.
USDC’s Dominance Remains Unchallenged on Solana
Despite the entry of new stablecoins, Circle’s USDC continues to dominate Solana’s stablecoin economy. The dollar-pegged asset accounts for more than 67% of the network’s total stablecoin market capitalization, reinforcing its role as the primary settlement asset across Solana-based applications.
USDC’s dominance reflects institutional trust, regulatory clarity, and deep liquidity, all of which are critical factors as Solana attracts more professional traders, funds, and real-world asset issuers. The continued reliance on USDC also suggests that Solana’s growth is increasingly driven by structured capital rather than purely speculative flows.
Solana’s Shift Toward Internet Capital Markets
The rapid expansion of stablecoin liquidity points to a deeper transformation underway within the Solana ecosystem. Rather than serving only as a hub for NFTs or retail trading, Solana is evolving into a platform where value, risk, and settlement are handled entirely onchain.
In these emerging Internet capital markets, stablecoins act as the base layer for financial activity. They enable instant settlement, programmable payments, and seamless interaction between decentralized protocols and centralized platforms. This convergence is attracting traders who operate across both DeFi and CeFi environments, including users of global exchanges such as BYDFi, where stablecoins play a key role in spot trading, derivatives, and cross-market liquidity management.
Stablecoins Become the Core Infrastructure of Tokenized Assets
The importance of stablecoins extends far beyond blockchain-native use cases. According to Moody’s Investors Service, stablecoin settlement volumes increased by 87% in 2025, driven largely by the rise of tokenized real-world assets.
Tokenized RWAs represent traditional assets such as real estate, commodities, government bonds, and collectibles on blockchain networks. These assets require stablecoins for pricing, liquidity, collateralization, and settlement. Without reliable stablecoins, large-scale tokenization would struggle to function efficiently.
As more capital flows into tokenized markets, traders and investors increasingly rely on stablecoins as a bridge between traditional finance and digital asset platforms. Exchanges like BYDFi benefit from this trend by offering stablecoin-based trading pairs that allow users to move capital quickly between onchain ecosystems and centralized liquidity venues.
A $30 Trillion Opportunity Taking Shape
Several major financial institutions project that the tokenized real-world asset market could reach $30 trillion by 2030. Stablecoins are expected to be among the biggest beneficiaries of this growth, serving as the settlement layer for trillions of dollars in onchain value.
Already, the total market capitalization of overcollateralized stablecoins backed one-to-one by cash and government debt is approaching $300 billion. This growth reflects rising demand for transparent, regulated digital dollars that can operate seamlessly across blockchains and trading platforms.
For traders, this expansion opens new opportunities to access tokenized assets, hedge risk, and deploy capital efficiently using stablecoin pairs available on platforms like BYDFi, which cater to both retail and professional users.
Regulation Reshapes the Stablecoin Landscape
Regulatory clarity is playing a major role in shaping the future of stablecoins. In July 2025, the United States enacted the GENIUS Act, which requires regulated payment stablecoins to be fully backed by high-quality liquid assets. This move effectively excludes algorithmic and under-collateralized stablecoins from being recognized as payment instruments under U.S. law.
The legislation also prevents stablecoin issuers from sharing yield directly with users, a rule that has sparked debate about how digital dollars may compete with traditional banks. While controversial, the framework provides long-term certainty for compliant stablecoins, which could accelerate institutional adoption across networks like Solana.
Solana’s Stablecoin Boom Signals What Comes Next
The $900 million surge in Solana’s stablecoin market cap is more than a short-term spike. It signals growing confidence in onchain finance, deeper liquidity across decentralized protocols, and increasing integration between blockchain networks and centralized trading platforms.
As stablecoins continue to power payments, trading, and tokenized assets, Solana’s role in the global crypto economy is likely to expand further. With platforms such as BYDFi supporting stablecoin-based trading and capital deployment, the line between traditional finance and onchain markets continues to blur, bringing the vision of a fully digital financial system closer to reality.
2026-01-09 · 2 days ago0 012How to Use Raydium: Your First Steps in Solana DeFi
You've learned about Raydium's unique technology and its role as a liquidity hub on the Solana blockchain. Now it's time to move from theory to practice. Interacting with a Decentralized Exchange (DEX) for the first time can seem intimidating, but it's a straightforward process once you know the steps.
This guide will be your walkthrough. I'll show you exactly how to use Raydium, from setting up your wallet to making your first token swap.
Before You Begin: What You'll Need
To interact with any application on Solana, you need two things first:
- A Solana-Compatible Wallet: This is a non-custodial wallet that allows you to interact with the Solana blockchain. The most popular choice by far is the Phantom wallet, which works as a simple browser extension.
- SOL Tokens: You will need SOL, the native cryptocurrency of the Solana blockchain, in your wallet. SOL is used to pay for network transaction fees (often called "gas"). The good news is that Solana's fees are incredibly low, so you only need a small amount (e.g., 0.1 SOL) to get started.
Step 1: Acquire Your Assets on a Secure Exchange
Your journey into DeFi begins with a secure foundation. The first step is to acquire the necessary tokens—SOL for gas fees, and any other asset you wish to trade, like USDC or RAY—on a trusted centralized exchange.
Step 2: Set Up Your Phantom Wallet
If you don't have one already, go to the official Phantom wallet website (phantom.app) and add the extension to your browser. Follow the setup instructions carefully. Crucially, write down your 12-word secret recovery phrase and store it in a secure, offline location. Never share this phrase with anyone.
Step 3: Transfer Funds from Exchange to Phantom
Once your Phantom wallet is ready, you'll see your unique Solana address at the top.
- Go to your wallet on an exchange platform of your choice.
- Select the asset you want to withdraw (e.g., SOL).
- Copy your Phantom wallet address and paste it into the "withdrawal address" field.
- Confirm the transaction and wait for the funds to arrive in your Phantom wallet.
Step 4: Connect Your Wallet to the Raydium Exchange
With your wallet funded, it's time to connect to the DEX.
- Navigate to the official Raydium website (raydium.io).
- In the top-right corner, you will see a "Connect Wallet" button. Click it.
- A pop-up will ask you to choose your wallet. Select Phantom.
- Your Phantom wallet will then ask for your permission to connect to the site. Approve it.
Your wallet is now connected, and you are ready to trade.
Step 5: How to Swap Tokens on Raydium
The "Swap" interface is the core feature of the Raydium DEX.
- Select the Token You Have: In the top field, choose the asset you want to trade from your wallet (e.g., SOL or USDC).
- Select the Token You Want: In the bottom field, choose the asset you want to trade to (e.g., RAY).
- Enter the Amount: Type in the amount you wish to trade. Raydium will automatically calculate the amount you will receive based on the current market price.
- Review and Swap: Click the "Swap" button. Your Phantom wallet will pop up one last time to ask you to approve the transaction. Once you approve, the trade will be executed in seconds.
Congratulations! You've just successfully used one of the most powerful DEXs in DeFi.
[For a deeper dive into Raydium's technology, read our full guide: What Is Raydium? Solana DEX]
Ready to begin your Solana DeFi adventure? The first step is to fund your wallet. Acquire SOL, RAY, and other Solana-based assets on the BYDFi spot market today.
2025-09-16 · 4 months ago0 0576Solana Crypto: What You Need to Know About This Blockchain Powerhouse
Solana crypto is one of the fastest-growing blockchain platforms today, known for its speed, scalability, and low transaction fees. If you’re curious about what is Solana crypto?, how to buy Solana crypto?, or want to keep up with crypto news Solana, this article breaks down everything you need to know.
What Is Solana (SOL)?
Solana (SOL) is a high-performance blockchain platform designed to support decentralized applications (dApps), decentralized finance (DeFi), NFTs, gaming, and more. Founded by Anatoly Yakovenko in 2017 and launched in 2020, Solana aims to solve the scalability problems faced by older blockchains like Ethereum.
At its core, Solana uses a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS) and Tower Byzantine Fault Tolerance (Tower BFT). PoH timestamps transactions cryptographically before consensus, enabling the network to process thousands of transactions per second with finality in under 400 milliseconds. This makes Solana one of the fastest and most scalable blockchains available.
How Solana Works?
Solana’s hybrid consensus combines PoH and Tower BFT to drastically reduce the communication overhead between validators. This allows the network to achieve high throughput and low latency, processing over 1,000 transactions per second in real-world use and theoretically up to 65,000 tps.
Transaction fees on Solana average less than $0.01, making it affordable for users and developers building dApps, DeFi protocols, and NFT platforms.
The Solana Program Library (SPL)
The Solana Program Library (SPL) is a collection of on-chain programs that simplify development on Solana. Similar to Ethereum’s ERC standards, SPL includes reusable components for:
- Token creation and management (SPL Token)
- Governance through decentralized autonomous organizations (SPL Governance)
- On-chain data recording and staking
These modular programs enable developers to build scalable and efficient applications that benefit from Solana’s speed and low fees.
Solana’s Ecosystem: DeFi, NFTs, Gaming, and Meme Coins
Solana hosts a vibrant ecosystem:
- DeFi: Protocols like Raydium and Marinade Finance power liquidity and staking, with over $9 billion total value locked.
- Stablecoins: USDC and USDT are widely used on Solana, supporting over $2.9 billion in stablecoin value.
- NFTs: Marketplaces like Magic Eden and Tensor offer fast, low-cost NFT trading.
- Gaming: Mobile-first games like SonicX attract millions with easy onboarding and social features.
- Meme Coins: Tokens like BONK and dogwifhat (WIF) have gained viral popularity, especially on social media platforms like TikTok.
Who Owns Solana Crypto?
Solana is an open-source, decentralized network maintained by the Solana Foundation and a global community of over 1,400 validators across 30+ countries. Validators stake SOL tokens to secure the network and participate in governance, making Solana a community-driven platform without a single owner.
How to Buy Solana Crypto?
If you’re wondering where to buy Solana crypto or how to buy Solana crypto, here’s a simple guide:
- Choose a trusted exchange like Binance, BYDFi, OKX, or Crypto.com.
- Create and verify your account.
- Deposit fiat currency or crypto.
- Search for SOL and place your buy order.
- Transfer your SOL to a secure wallet for long-term holding.
Avoid unverified bots or shady platforms promising quick profits. Stick to reputable exchanges to keep your investment safe.
Solana Crypto Price and Predictions
Solana’s price reached an all-time high near $260 in late 2021. While Solana crypto price prediction varies, many experts remain optimistic due to ongoing upgrades like the Firedancer validator client and the Solana Mobile Seeker smartphone, which brings blockchain to mobile users.
Stay updated with crypto news Solana to track market trends and new developments. Remember, crypto markets are volatile, so always do your own research.
Solana Product Innovations
- Solana Mobile: The Saga and Seeker smartphones integrate blockchain natively, featuring secure private key storage and dApp stores.
- Solana Pay: Enables merchants to accept crypto payments with low fees and near-instant settlement.
- Blinks: Blockchain links that allow on-chain actions through simple URLs, enhancing social media and user engagement.
Pros and Cons of Solana
Conclusion
Solana stands out as a leading blockchain platform with its innovative Proof of History, high throughput, and growing ecosystem. While challenges remain, its rapid development and mobile-first approach position it as a major player in the future of decentralized applications.
Ready to start with Solana? Check out BYDFi's beginner tutorials to buy, trade, and securely hold SOL today!
2025-07-07 · 6 months ago0 0395Missed the Crypto Wave in 2021? Here’s Your Second Chance in 2025
If you're feeling like you "missed" Bitcoin or Shiba Inu in their early days, don’t worry — 2025 is already shaping up to be another massive year in the world of digital assets.
Here’s why:
- Bitcoin Halving Effect: The halving in 2024 historically triggers bull runs about 6–12 months later. That’s now.
- Institutional FOMO: Major funds are moving back into crypto, with ETFs and global regulation becoming clearer.
- Retail Momentum: More average users are entering crypto again, especially from countries like Indonesia, the UAE, and Latin America.
Top 5 Best Coins to Buy Right Now
1. Pepe 2.0 (PEPE2) — Best Meme Coin to Buy Now
- Why: Meme coins are no longer just jokes — they’re marketing machines. PEPE2 is building on the hype of the original with actual utility, staking rewards, and NFT integration.
- Market Cap: Still under $200M = Huge upside potential
- Risk Level: High, but with moonshot potential
If you're searching for the best meme coin to buy right now, this could be your golden ticket , just remember, meme coins are extremely volatile.
2. Fetch.AI (FET) — Best AI-Powered Coin to Watch
- Why: AI is trending across every industry. Fetch.AI focuses on decentralized machine learning and autonomous economic agents.
- Recent Surge: Up 140% YTD, but still undervalued according to experts.
- BYDFi Availability: Yes
3. Chainlink (LINK) — Underrated Blue Chip
- Why: Real-world data is essential for smart contracts. Chainlink dominates this space.
- Perfect for: Traders looking for stability + long-term growth
- Price Prediction 2025: Analysts expect $50–$75 range if bull trend continues
4. Kaspa (KAS) Fastest Growing L1 Coin
- Why: Uses GhostDAG protocol , faster than traditional blockchains, with low fees and energy efficiency.
- Trending: Strong community support, growing developer interest
- Ideal For: Traders looking for a next-gen infrastructure coin
5. Arbitrum (ARB) — Layer 2 King
- Why: Ethereum’s gas fees are still high. Arbitrum offers a scalable, cheaper solution.
- Commercial Use: Many dApps and DeFi platforms are migrating to it
- Long-Term Potential: High adoption = strong hold potential
What Is the Best Coin to Buy for You?
Everyone’s situation is different. Before you decide what is the best coin to buy right now, ask yourself:
- Are you a beginner? Stick with established coins like LINK or ARB.
- Do you like high risk, high reward? Try meme coins like PEPE2.
- Want to build long-term wealth? Look at infrastructure and AI-based coins like FET and Kaspa.
Questions People Are Asking:
- Which crypto coin is best to buy now for beginners? → Try LINK or ARB
- What is the best coin to buy right now under $1? → PEPE2 or KAS
- Which coin will explode in 2025? → FET and KAS are top contenders
Let is choose for you the best exchange platform
BYDFi - Safe and reliable , high liquidity , simple and intuitive
How to Buy These Coins on BYDFi (Step-by-Step)
- Create a BYDFi account , Use your email or phone number
- Verify your identity (KYC) , Takes 5–10 minutes
- Deposit funds , You can use USD, EUR, AED, INR, or even crypto
- Search for the coin Example: Type in “LINK” or “FET” in the search bar
- Buy using spot or convert , Choose limit or market order
Final Thoughts: What Is the Best Crypto Coin to Buy Right Now?
The truth is , there's no single “best” crypto coin for everyone. The best coin for you depends on your risk tolerance, investment goals, and how much time you're willing to spend researching and tracking the market.
Here’s a quick summary to guide your decision:
Ready to learn more about trading strategies and crypto safety? Check out BYDFi for beginner tutorials, expert insights .
2025-07-07 · 6 months ago0 0815
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