AI-summarised news on banking, stocks, economy, crypto, budget, and RBI
Bitcoin crossed the ₹1 crore mark in Indian exchanges, fuelled by global institutional adoption and the upcoming Bitcoin halving event. Trading volumes on Indian crypto exchanges surged 340% month-on-month. Crypto analysts warn of volatility while noting the growing mainstream acceptance of digital assets in India. Source: CoinDesk.
India has emerged as the fastest-growing market for Ethereum Layer 2 solutions, with adoption surging 300% in the first quarter of 2026. Average gas fees on L2 networks dropped below $0.01, making DeFi and NFT transactions affordable. Polygon and Arbitrum reported the highest user growth from Indian addresses. Source: CoinTelegraph.
Solana has become the preferred blockchain for Indian crypto traders, processing over 50 million transactions daily with 99.9% uptime. Average transaction fees remain below ₹0.50, compared to Ethereum's ₹150+. The network's速度和可靠性 have attracted major Indian exchanges to list Solana-based tokens. Source: CryptoSlate.
