Daily Crypto News 13 September

Cardano launches smart contracts after a successful hard fork, Cointelegraph reported. Cardano notes that it is still "the first days of the project", claiming that it is now "the mission really begins". Cardano also announced the completion of its Alonzo hard fork, introducing the long-awaited functionality of the smart contract. The Alonzo fork allows you to write smart contracts for Cardano using Plutus scripts.

 

Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects launched multimillion-dollar funds to entice builders and investors to cross-migrate in the Layer-2 ecosystem, Cointelegraph reported. The latest project to take advantage of this trend is Harmony (ONE), a blockchain protocol that boasts a 2-second transaction finality and offers cross-bridges to a handful of first-layer protocols, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT) and Binance Smart Chain (BSC).
 

The Degenerate Ape Academy irreplaceable token (NFT) on the Solana blockchain was sold on Saturday for 5,980 SOL, or about $ 1.11 million, in Ethereum's largest NFT sale to date, Coindesk reported. While the NFT craze initially focused on the Ethereum blockchain, this great popularity caused traffic and Ethereum fees to skyrocket. As a result, rivals like Solana with much lower fees and traffic took off.