Posts

The Open Network (TON): Starting Coverage

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 The Open Network (TON) has been receiving a lot of attention in 2024.   As of May 2, 2024, it is currently a top 10 crypto-currency on CoinMarket Cap. What is the TON? "The Open Network (TON) is a decentralized and open internet platform focused on achieving widespread cross-chain interoperability, while operating in a highly scalable secure framework. TON is designed to process millions of transactions per second (TPS), with the goal of eventually reaching hundreds of millions of users moving forward." - tonscan.com TON Price Charts

Solana's Rise Driven by Institutional Investors...

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  From cointribune: " Solana (SOL) has witnessed a spectacular increase in demand among institutional investors, according to a recent survey by CoinShares. The study revealed that nearly 15% of the surveyed fund managers, who collectively manage 600 billion dollars of assets, have incorporated Solana into their portfolios, marking a clear increase from previous years where Solana was not as present. This growing popularity is attributed to Solana’s technological advances and increasing market visibility, making it an increasingly viable alternative to Bitcoin and Ethereum. The rising interest in Solana is part of a broader context where altcoins are gaining ground as valid investment options. Fund managers see Solana as having high growth potential, with a record of 3% of average assets allocated to digital assets, up from only 12% previously. This increased adoption comes as investors increasingly look to diversify their portfolios with innovative technologies, although future p...

Solana's comeback ???

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  Solana- which once was falling because of problems- had a comeback at the end of 2023.  How long the comeback will last is unknown? Solana's Outages "A chronicle of downtimes, forks, and challenges on the Solana blockchain September 14, 2021: a DDoS attack caused the network 17 hours and 12 minutes of downtime. January 6 - 8, 2022: What was presumed to be a DDoS attack lasted multiple days. January 10, 2022: What was assumed to be the same DDoS attack. January 22, 2022: The network suffered 29 hours of downtime with lots of duplicate transactions causing congestion and outages. March 28, 2022: RPC nodes forked off during the upgrade to v1.9. April 30, 2022: Network suffered a 7-hour outage due to millions of NFTs being minted. May 27, 2022: Block times delayed up to 30 minutes. June 1, 2022: A 5-hour outage due to a runtime bug triggered by the durable nonce transactions feature allowed, under a specific set of circumstances, for a failed durable nonce transaction to be proc...

Back after sometime: Ripple (XRP) Update 2023

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  I have been very busy the last few months so I haven't been able to do any updates. Now that it is the start of 2024, I am going to do several updates. I'm starting 2024 with Ripple (XRP) as the organization won its court case with the SEC. Ripple (XRP) and SEC From Reuters (July 13, 2023) "Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. XRP was up 75% by late afternoon on Thursday, according to Refinitiv Eikon data. The ruling by U.S. District Judge Analisa Torres was the first win for a cryptocurrency company in a case brought by the U.S. Securities and Exchange Commission -- though it did also give the SEC a partial victory." - Reuters Ripple (XRP) Performance

Data Update

  Just a quick note: I am not having any problems downloading daily data on 1000 cryptos from coingecko.com. So far in July 2023, I only had problems downloading data for 1 day.  I will be updating my analysis (charts, etc) in August 2023.

Data Update

  I haven't posted in a while because I am trying to understand CoinGecko's download policy.  After much trial and error, I seem to be able to download data daily for 1,000 cryptos.  So far in July, I have been able to download data every day.  I will do an update at the end of July. Once I have figured out CoinGecko's data download policy.

Data Update

  As mentioned in previous posts, I have been experimenting with how not to exceed CoinGecko's rate limits.  In earlier years, I have been able to download a large number of cryptocurrencies but recently I have run into download errors.  In order to not violate CoinGecko's policy, I reduced the number of cryptocurrencies I download daily.  I have also decided not to download data on Sundays so that I am able to ensure that there is a 24 + hour delay between daily downloads. These new download strategies appear to be working well.  I have not run into any problems or warnings from CoinGecko over the last few days.  I will continue this strategy for the next few days.  Once everything appears to be working well. I will start making new charts.