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Ethena’s Season 2 Boosts $ENA Price, Whales Flock To Stake

Since the introduction of Season 2 by Ethena Labs, the price of $ENA has surged, doubling in value since its launch. This significant uptrend has been attributed to the increased utility and rewards offered by Ethena’s latest season. $ENA has doubled in price since its launch after @ethena_labs introduced Season 2! After the introduction, 3 […]

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TRON’s Q1 2024 Report Shows Robust Growth Across Multiple Metrics

TRON’s latest financial report for the first quarter of 2024 highlights impressive growth across various key indicators, signaling a promising start to the year for the blockchain platform. According to the report, TRON experienced a remarkable increase of over 21% in fees and revenue compared to the previous quarter, more than doubling year-over-year. This surge […]

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Non-Fungible Tokens Drive Decentralized Applications Industry Growth

The decentralized applications (DApps) industry is witnessing a remarkable expansion, with an average of 7 million unique wallets active on a daily basis. This surge in activity is largely attributed to a resurgence of interest in non-fungible tokens (NFTs), according to CoinTelegraph. After experiencing a decline in usage in 2022, the NFT industry staged an […]

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Large Wallets Accumulate Stablecoins Amid Rising Market Caps

Over the past three weeks, there has been a noticeable trend of large wallets rapidly accumulating stablecoins. Wallets holding at least $5 million in cryptocurrency have collectively increased their holdings by 5.09% of the combined supplies of major stablecoins such as USDT, USDC, BUSD, DAI, TUSD, and USDP. According to data from Santiment, the total […]

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Binance Labs’ Strategic Investments In Cryptocurrency Startups

Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, Binance, has been actively investing in various cryptocurrency startups, contributing to the growth and development of the digital asset ecosystem.  Among its portfolio companies is $GMT, the native token of the FSL ecosystem. Recent on-chain reports from Spotonchain shed light on Binance Labs’ […]

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Dogecoin Faces Decline Amid Dormant Whales And FOMO Absence

Dogecoin, the leading memecoin by market capitalization and ranked #8 among all crypto assets, experienced a 5% decline in value today following a notable 29% surge last week. Despite its prominent position in the market, Dogecoin’s recent performance has been influenced by several factors. One significant factor contributing to Dogecoin’s recent movements is the activity […]

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Ethena’s ENA Token Gains Momentum Ahead Of Launch With Binance Alliance

Ethena’s ENA token is making significant strides as it prepares for its upcoming launch, fueled by a strategic alliance with Binance and growing anticipation among stablecoin investors for its airdrop. With the launch of Ethena’s forthcoming Launchpool farming set to commence on March 30, users will have a three-day opportunity to earn ENA tokens, contributing […]

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Horizen Makes Strides with Successful Testnet Deployment

Horizen has achieved a significant milestone in the blockchain space with the successful testnet deployment of its Modular Proof Verification Chain.  Exciting news! Horizen’s proof verification chain is live on testnet! This milestone marks a significant milestone for web3 as the first instance of a modular proof verification network ✨ 🧵https://t.co/xwVmfUgM5b — Horizen (@horizenglobal) March […]

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Whales Drive Surge In GMT Price Amidst Heavy Trading Activity

Following a flurry of reports detailing significant purchases by whales, the trading volume of $GMT has skyrocketed by over 500%, propelling its price upwards by more than 24% in the past week.  On-chain reports have now shed light on a specific address, 0xc7e…01c77, which recently transferred a substantial 47.16 million $GMT to Binance, valued at […]

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Chainlink’s Cross-Chain Interoperability Protocol Sees Record Growth And Integrations

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has experienced substantial growth in recent months, with key metrics reaching record highs in March.  The protocol has captured over $207,000 in fees and accepted 48,000 requests this month alone, marking significant milestones in its development.  Chainlink CCIP (Cross-Chain Interoperability Protocol) core data has grown significantly since March, with $207k […]