Cryptocurrency News
According to data from L2Beat, the Base network has seen a significant rise in its total value locked (TVL), increasing by 5.16% over the past week to exceed $10 billion. This achievement makes Base the second Ethereum Layer 2 network to surpass the $10 billion TVL mark, following Arbitrum. Additionally, […]
According to data from L2Beat, Scroll’s Total Value Locked (TVL) has declined by 15.4% over the past week, now standing at $1.16 billion. This drop accompanies a steep price decrease for $SCR, Scroll’s native token, which has fallen below $0.80 since its Binance listing, down over 30% from its pre-market […]
While Bitcoin dominance remains a key metric in the crypto space, Total Value Locked (TVL) has emerged as a crucial indicator, reflecting the strength and influence of various decentralized finance (DeFi) protocols. In the realm of decentralized exchanges (DEXs), Uniswap leads the pack with over 25% of the total TVL. […]
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 […]
August 2024 has been a dynamic month for Layer 2 platforms, with notable shifts in total addresses, transactions, and total value locked (TVL). Leading the charge in unique addresses are Optimism, Base, and Arbitrum, while Base and opBNB excel in transaction volume. Unique Addresses and Growth Optimism (162.5M), Base (113.3M), […]
As of July 2024, the Total Locked Value (TVL) for Real World Assets (RWA) in DeFi protocols has reached an impressive $3.76 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, bridging the gap between traditional finance and decentralized finance. The market capitalization of all […]
Ethena Labs has emerged as one of the standout projects in the crypto space this year, showcasing remarkable growth in Total Value Locked (TVL). The project has achieved significant milestones, reflecting a staggering +875% increase ($2.11 billion) in TVL over just 57 days, followed by an additional +57% ($1.3 billion) […]
Over the past week, the Base blockchain has experienced a significant surge in activity. Yesterday, Base recorded an impressive 1,220,883 daily active addresses, more than doubling the activity of other Layer 2 platforms like Arbitrum, which had 494,214 active addresses, and Optimism, which had 445,222. Base Surges in Daily Activity […]
The Total Value Locked (TVL) in Real World Assets (RWA) has seen remarkable growth, with Maker RWA dominating the market, reaching a peak of $3.37 billion in 2023. Ondo Finance holds a strong second place in TVL, maintaining a range between $154 million and $203 million. MatrixDock and Solv Funds […]
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 […]
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 […]
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 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, 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 […]