Author: Will Izuchukwu

Crypto, News

Solv Protocol Sets New Records With $1.48 Million In Fees, Surpassing Solana And Uniswap

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 […]

Crypto, News

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 […]

Crypto, News

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 […]

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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 […]

Crypto, News

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 […]

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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 […]

Crypto, News

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 […]

Crypto, News

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 […]