According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on Thursday, the total value…
Este artículo también está disponible en español. In October, the Solana blockchain registered 123 million active addresses. It has grown 42% since September and has risen dramatically from 12.7 million addresses at the start of the year. Latest data shows Solana’s steady rise in the crypto sector. The latest growth is due, in part, to…
Este artículo también está disponible en español. Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked…
Aptos is poised to secure its lead as the blockchain network with the highest year-over-year growth in DEX trading volume in 2024. This is despite a little over 8 weeks left to conclude the year. Aptos has achieved over 3420% growth in DEX trading volume within its ecosystem in the last 12 months. This placed…
October 6, 2024 at 01:45 AM GST updated: October 5, 2024 at 11:59 PM 2 mins read News NAVI is being adopted in the SUI ecosystem where leveraged techniques are interesting to investors and easier for users to obtain. The introduction of leveraged techniques in NAVI is considered to be the key effort to enter…
October 5, 2024 at 06:32 PM GST updated: October 5, 2024 at 06:34 PM 2 mins read News Solv Protocol earned $1.48 million of fees within 24 hours which surpassed established platforms such as Solana and Uniswap. The platform has raised $1.4 billion in Total Value Locked, becoming the largest in the BTCFI ecosystem. This…
SUI’s price has climbed over 50% in a week, showcasing strong market interest. SUI chain’s total value locked reaches a record high of $921.37 million. The altcoin’s open interest has reached new highs since its launch, indicating strong market participation. The native cryptocurrency of the SUI layer one blockchain is gaining momentum, approaching its previous…
The world of crypto staking is evolving at a rapid pace, and the collaboration between Binance and Solayer has helped to bring a new innovation to the forefront—BNSOL. Officially launched as a Liquid Staking Token (LST) on the Solana blockchain, BNSOL allows to combine the strengths of Binance’s vast user base and Solayer’s advanced restaking…
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite ethereum (ETH)…
August 24, 2024 at 02:34 PM GST 2 mins read News Algorand processes 10,000 transactions per second with instant finality, offering high security and efficiency. Charles Hoskinson sees merging Algorand with AI inference as enhancing the platform’s capabilities and positioning it in decentralized AI. Algorand’s partnerships include tokenizing real estate, dynamic inventory management for airlines,…