In an impressive 24-hour performance, Solv Protocol achieved $1.48 million in protocol fees, securing the 6th position in DeFiLlama’s rankings. This achievement places Solv ahead of notable competitors such as Solana, which garnered $1.24 million, and Uniswap, with fees of around $1.15 million. With a total value locked (TVL) now […]
Author: Will Izuchukwu
DOGE Whales Signal Potential Upsurge As Institutional Interest Grows
Activity among large Dogecoin ($DOGE) holders is ramping up, suggesting that institutional investors and major DOGE whales are positioning themselves for a potential price surge. The volume of high-value transactions on the Dogecoin network has been steadily increasing, a clear sign that big players are making moves. The number of […]
AerodromeFi Takes The Lead In Base Ecosystem DEX Activity
As the Base ecosystem continues to expand, certain applications are making their mark, with AerodromeFi emerging as a clear leader. Currently, it commands 60% of all decentralized exchange (DEX) activity on the network, surpassing Uniswap, which holds 30%. AerodromeFi’s trading volume hit $3 billion weekly, significantly higher than Uniswap’s $1.1 […]
Bitcoin Fees Drop 86% While Market Confidence Soars As Dominance Reaches New Highs
Despite an 86% plunge in Bitcoin transaction fees this quarter, market confidence remains resilient, with Bitcoin’s dominance hitting its highest level since April 2021. BTC's market share reached its highest since April 2021 this quarter Bitcoin's price traded mostly sideways throughout the quarter, while ETH and smaller tokens set new […]
Market Rebound: Whale Activity And Cosmos ICO Developments
After a slight market rebound, a prominent whale who previously incurred an $8.22 million loss from long-leveraged Ethereum positions is ramping up their investments again. Just 10 hours ago, this whale withdrew 1,401 ETH, worth approximately $3.39 million, from Binance. They subsequently deposited these funds into Compound and borrowed 2.3 […]
Wrapped Bitcoin Staking Gains Traction: New Players Emerge In The Market
Currently, 6% of all wrapped Bitcoin is being staked through various yield protocols, highlighting a growing trend in the market. The wrapped Bitcoin sector is primarily dominated by $WBTC and $BTCB, which together account for over 81% of the total supply. However, the landscape is evolving, with liquid staking and […]
Dogecoin Must Reclaim Key $0.11 Level To Avoid Sell-Off
Dogecoin is facing a crucial moment as 60,210 addresses that collectively purchased 36.4 billion DOGE at an average price of $0.11 may be looking to avoid losses. If Dogecoin, currently trading at $0.10, fails to reclaim this critical level, a sell-off could ensue as investors look to minimize their downside. […]
Base Ecosystem Sees Triple-Digit Gains, But Challenges Remain
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited […]
Toncoin Sees Surge In User Engagement, Market Stability Amid Ecosystem Challenges
Toncoin has experienced a significant boost in daily active addresses, jumping from 2.2 million in August to 3.8 million by late September. This surge reflects growing user engagement and adoption, underscoring Toncoin’s increasing influence in the blockchain space. Despite fluctuations in the broader market, Toncoin’s market cap has remained stable […]
Top Trending Tokens: XRP, Aptos, And Chainlink Lead The Altcoin Rebound
As altcoins make a strong rebound, familiar names are topping the list of trending tokens with exciting new developments driving market interest. XRP ($XRP) takes the top spot, with traders buzzing over Bitwise’s ETP filing and renewed discussions surrounding the SEC’s appeal of a ruling that classified XRP as a […]
Axelar’s Mobius Development Stack Revolutionizes Interoperability, Bridging Web2 And Web3
Axelar has made headlines with the recent launch of its Mobius Development Stack (MDS), positioning itself as a key player in the interoperability space. Unlike traditional interoperability platforms, which focus solely on cross-chain interactions, Axelar’s MDS introduces a more comprehensive solution that extends beyond blockchain, offering true off-chain to on-chain […]
Bitcoin Faces Mixed Signals As Futures Liquidations Drop And Spot ETF Demand Rises
Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which […]
Ethereum Whale Continues To Sell Amid Market Movements, While Layer-2 Solutions Gain Momentum
In the past 24 hours, 108,000 ETH, worth approximately $259.2 million, was transferred to cryptocurrency exchanges, signaling increased selling pressure. A prominent Ethereum ICO participant has been at the center of this activity, offloading another 6,000 ETH, valued at $14.11 million, just 45 minutes ago. 108,000 $ETH were sent to […]
Token Unlock Trends: Analyzing Sector Performance Amid Value Unlocks
In the cryptocurrency landscape, token performance varies widely, particularly when assessing unlocked value and price movements. Recent trends reveal stark contrasts among different sectors. The DeFi and decentralized exchange (DEX) sectors have collectively unlocked over $1.6 billion in value. However, their price performances tell a different story, with DeFi tokens […]
TRON Outpaces Competitors With $567M In Fees: Are Layer 2 Scaling Solutions On The Horizon?
Over the past 90 days, TRON has generated a remarkable $567 million in fees, surpassing major blockchain competitors. TRON’s fee revenue is more than double that of Ethereum ($253 million), five times higher than Solana ($105 million), and nine times greater than Bitcoin ($57 million). This significant lead underscores TRON’s […]
Aave V3 Surpasses $10B In Total Value Locked On Ethereum
Aave V3, the latest version of the decentralized lending protocol, has reached a significant milestone, crossing $10 billion in total value locked (TVL) on the Ethereum network. This impressive growth represents a 197% increase from its starting point of $3.36 billion at the beginning of 2024, underscoring Aave’s position as […]
$HIPPO On Sui Network Makes Waves With Rapid Growth And Massive Gains
Recently launched $HIPPO, developed by @hippo_cto, is already gaining significant traction within the crypto community. Often referred to as the SU-DENG (MOODENG) of Sui Network, $HIPPO is quickly becoming a favorite among traders. It has emerged as a top hot pair on DEXscreener and boasts impressive stats: a market cap […]
Will $EIGEN See A Significant Rise After CEX Listing?
Following its listing on centralized exchanges (CEXs) yesterday, $EIGEN has garnered considerable attention, now appearing on leaderboards for Tokens Accumulated by Smart Money and Gems of Smart Dex Traders with Good Entry. The question remains: will $EIGEN see a significant rise in value? 🤔Will $EIGEN rise significantly after its listing […]