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Nexera Exchange, a decentralized exchange (DEX) by AllianceBlock, has unveiled its first trading feature, an on-chain limit order book, according to a press release shared exclusively with crypto.news on Sep. 19. Nexera’s on-chain limit order book The Nexera Exchange, designed as an intermediary layer, is focused on enhancing user interactions with any decentralized exchanges it is integrated with. To achieve this, the DEX integrates trading features and tools that can only be found in centralized exchanges (CEX). You might also like: AllianceBlock’s Fundrs P2P Funding Platform Lists dua.com One such tool is the on-chain limit order book protocol. Limit orders are on-chain or off-chain instructions to buy or sell an asset at a specific price. On-chain limit order books are stored and processed on the blockchain, which makes them more transparent and secure than off-chain limit order books. Nexera’s on -chain limit order book protocol combines the benefits o...

On -chain activity on the Solana (SOL) blockchain dropped in May, despite a significant increase in new addresses joining the blockchain’s network. New SOL users joining Solana in May have already surpassed the new participants it recorded in each of the past months in 2023. Solana is one of the prominent blockchains for building smart contracts. It is so popular among blockchain users that it is considered one of the Ethereum competitors. Data from The Block, a blockchain analytic tool, shows that Solana added more than five million new addresses in May 2023, the highest number since October 2022. Source: The Block Cryptocurrency analysts use the number of new addresses to measure the adoption rate of any blockchain product. In most cases, as the number of new addresses increases, the value of a cryptocurrency and other growth indicators follow suit. Solana’s situation is unique this time around. While the number of addresses climbed on Solana, the altcoin’s price...