Axie Infinity Launches Immersive Homeland Mode for All Players

04.08.2024 78 times read 0 Comments Read out

Axie Infinity Introduces New Homeland Mode

Crypto News Flash reports that Axie Infinity has launched the highly anticipated Homeland Avatar Mode. This new feature offers an immersive experience, allowing players to explore Lunacia with their NFT-Axies in a unique way. The developers have included a guide to help players get acquainted with this function and introduced Noctiden, Lunacia's intriguing wildlife.

The Avatar mode is accessible to all Axie owners, regardless of land ownership, making it open for the entire community. Additionally, exclusive bounties developed for the Avatar mode will be available on the Premier Bounty Board next week. Following a successful open beta test from July 17-24, where all account data was reset post-test, players must register new accounts to enjoy these features.

TRON DAO Dominates USDT Transactions in 2024

According to Crypto News Flash, TRON DAO has seen significant growth in 2024 by handling 78% of USDT transactions and averaging nearly seven million daily transfers. IntoTheBlock tweeted about USDT breaking records throughout the year with over 18 million weekly transactions on EVM chains; surprisingly, most occur on TRON DAO.

This network expansion includes an $11 billion increase in TRON-based USDT supply and surpassing $13 trillion total transfer volume as of July 2024. Furthermore, CNF revealed that TRON partnered with Mobilum to introduce a crypto payment card compatible with Google Pay and Apple Pay while accepting all cryptocurrencies supported by the TRON network.

Analyst Predicts Solana’s Price Target Supported by Strong Market Factors

An analysis published by Pratty Crypto via Crypto News Flash indicates strong market factors supporting Solana (SOL) reaching into high $140 territory. Variables such as previous quarter mid-range discount and quarterly opening contribute significantly alongside other technical indicators like a three-day order block and retracement levels.

Although SOL trades at around $143 after dropping more than five percent within twenty-four hours amidst broader declines exceeding twenty percent across recent days despite notable achievements, including surpassing Ethereum in DEX volumes during July, per earlier reports from CNF, highlighting substantial asset inflows onto its blockchain ecosystem.

Nervous Traders Amidst Dogwifhat Open Interest Drop

A report from Crypto News Flash highlights concerns among traders following Dogwifhat (WIF)'s Open Interest falling by twenty-eight percent since late July, down towards approximately 252.5 million dollars. This decline coincided with a price drop nearing one dollar and sixty-seven cents, prompting anticipation of retesting the critical support level near the one-dollar-fifty mark soon. This could potentially exacerbate bearish sentiment further as ongoing corrections persistently challenge futures market participants. The coin currently trades lower at 4.34 percentage points over the past day, reducing overall capitalization beneath the 1.6 billion threshold. Market participants are closely observing this situation, impacting strategic decisions significantly.

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Article Summary

Axie Infinity has launched the Homeland Avatar Mode, allowing players to explore Lunacia with their NFT-Axies and access exclusive bounties. TRON DAO dominates USDT transactions in 2024, handling 78% of them and partnering with Mobilum for a crypto payment card; meanwhile, Solana's price target is supported by strong market factors despite recent declines, and traders are concerned about Dogwifhat’s Open Interest drop impacting its market performance.