Activity on major altcoin networks, Solana and Ethereum, hit milestones in January. Solana saw over 5 million daily active addresses, increasing by 115%. Ethereum marked a 25% rise in daily active addresses. Seven US Bitcoin miners may scale back due to a winter storm, affecting power grids and prices.

Four in 10 US merchants now accept crypto payments, according to PayPal. This trend is driven by faster transaction speeds and increased privacy. PayPal predicts that crypto payments will become mainstream within the next five years. Bitcoin’s price fluctuated amid global tensions over Greenland, dropping nearly 10%.

The winter storm in the US has impacted Bitcoin mining operations, with seven miners facing potential curtailment. The storm has caused power outages and dangerous conditions in several states, affecting grid stability. Some miners have setups to stabilize grid prices by adjusting power consumption during stress periods.

Read more at Cointelegraph: Active Solana Addresses Spike, More Merchants Take Bitcoin