Wearable developer Cudis has launched a Solana and BNB Chain-based token to reward users for developing healthy habits through its AI Smart Ring and Longevity app. Users earn Cudis points by using the app to track sleep, steps and other vital signs, which qualifies them for Cudis token airdrops based on usage and total points.
On May 23rd, BKCM CEO Brian Kelly said on CNBC that after Bitcoin and Ethereum, he speculated that Solana (SOL) could be the next cryptocurrency spot ETF.
Decentralized Physical Infrastructure (DePIN) is leveraging blockchain technology to enable users to take ownership of their data. Tokens incentivize users to use physical infrastructure and systems to provide services in the real world. A popular example of a DePIN project today is Helium, a wireless Internet of Things (IoT) network. Helium currently runs on the Solana blockchain, and Sigel noted that the decision was made due to the high-performance nature of the network, which can handle high...