According to the Q1 2024 financial report released by Avalanche, the blockchain platform has demonstrated significant growth across various metrics, indicating a robust performance in the first quarter of the year. In terms of revenue, Avalanche generated a total of $7.5 million in fees and revenue, marking a remarkable fourfold […]
Tag: TVL
Arbitrum Token Experiences Price Correction Amidst Concerns About Token Unlock And Massive Sell-offs
The native token of Arbitrum, a blockchain network designed to enhance scalability for Ethereum, has recently encountered a significant price correction. With the token’s value dipping to $1.84 in the past 24 hours, marking a 9% decline, investors have been closely monitoring its performance. At the time of writing, there […]
$SUI Emerges As Top Gainer With TVL Surging To $263M On CMC
In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility. Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. […]
MetisDAO’s Ecosystem Sees Strong Momentum and TVL Surge In 2023, Price Reacts
MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal […]
Blast L2 Achieves Significant Milestone With $1.1 Billion TVL
Blast, an upcoming Ethereum layer 2 platform, is generating buzz following its exclusive early access event, anticipating a public launch of the completed platform in February 2024. Recent data from Spotonchain indicates a major milestone for Blast_L2, reaching a total value locked (TVL) of $1.1 billion. A substantial amount, equivalent […]