Daily Bits
Today’s outperformer is FLR, which jumped 24.4% after Sepolia Testnet launch accelerates Ethereum smart contract development.
On November 11, Solana's daily active users surpassed those on Ethereum's mainnet, reaching 356,300 users compared to Ethereum's nearly 330,000. Read more here.

The recent halving of Bitcoin introduced a new protocol called Runes, developed by Ordinals creator Casey Rodarmor, which has sharply increased transaction fees.
DeFi whales have triggered a liquidation cascade amongst a few well-known decentralized reserve protocols like OlympusDAO (OHM).
It is a rough time for BTC as its price is almost 40% down since hitting an all-time high of $65k back in April.
CLabs, the developer of the Celo blockchain, has successfully proposed a transition of Celo from an independent layer-1 blockchain to an Ethereum layer-2 solution. Read more here.
Amidst the current bearish conditions, Square Enix remains focused on the development of blockchain games. Read more here.
Social media platform Instagram is developing an NFT minting and sale feature through its app. Find out more here!
Bitcoin Ordinals has launched the BRC-721E standard in collaboration with the Ordinals market and the Bitcoin Miladys NFT collection.
Can Metaverse tokens withstand the ominous Omicron Covid variant? SAND, the utility token of Sandbox, has surged more than 75% in the past week.