Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]
Category: News
The latest cryptocurrency industry news
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 […]
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 […]
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 […]
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 […]
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’ […]
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 […]
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 […]
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 […]
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 […]