Today's market session is seemingly off to a slow start, with the global market cap decreasing by roughly 1.2% compared to the current 24-hour period. Bitcoin, the top leading cryptocurrency, is showing little change with a decrease of 1%, despite the fact that it has gained 5% within the week. Ethereum has experienced similar circumstances, recording a 2% decrease within this timeframe and 2% decrease when observing the weekly progression. Ripple and Cardano have been caught in the deep summer with decreases of 3% and 2%.

Seeing as the majority are experiencing a quiet day in the crypto space, Solana is putting up a shining example. Solana has surpassed expectations to earn itself a 3% increase in value within the day and an even more impressive 7% increase within the last week. This spike in activity is connected to the new alliance the platform has just announced.

Bonfida, the makers of Solana Name Service (SNS), have partnered with Solana to introduce native resolution of SNS into the Brave browser and wallet, allowing users to map a public Solana address to a user-readable name. This makes it easier for the public to use cryptocurrencies and also provides them with more secure websites as the name resolution is censorship-resistant. To obtain SNS names, users can buy them from Bonfida or secondary marketplaces like Magic Eden.

Ultimately, the integration of SNS into the Brave browser is another step in the direction of cryptocurrency use. The simplified, user-friendly features provide a convenient solution for casual users, as the Brave browser allows simple and easy transactions with the use of SNS name. In the future, we can look forward to more consortia that encourages the adoption of cryptocurrency.



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