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Base Emerges As Leader In Daily Activity, Transaction Volume Soars

In the realm of blockchain networks, Base has taken the lead with an impressive 890,000 daily active addresses. Notably, Base’s transaction volume has surged to over $1.6 billion, marking a significant milestone that surpasses Optimism’s volume by nearly threefold. The network showcased its robust capabilities by processing a staggering 2.63 million transactions on April second […]

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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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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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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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Bitcoin Surges To $70K Amidst Major Accumulation, Mixed Signals Ahead

Bitcoin surprised traders yesterday with a sudden surge to $70,000, catching many off guard. This ascent coincided with one of the largest accumulation days for Bitcoin stakeholders in recent memory. On Sunday alone, wallets holding between 10 and 10,000 BTC accumulated a total of 51,959 Bitcoin. This significant accumulation represents 0.263% of the entire available […]

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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 […]

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DAO Maker Surges As PUNDU Launches: A Look At Recent Developments

The cryptocurrency market is abuzz with activity, particularly for DAO Maker, a pioneering decentralized autonomous organization (DAO) platform.  As of the latest update, DAO’s token is trading at $2.5, marking a significant 14% surge amidst what appears to be a bearish trend in the wider crypto market. This surge is accompanied by a robust 24-hour […]

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Crypto Market Sees Modest Recovery Amidst Bearish Trends

After a sluggish start to the trading week, the cryptocurrency market has shown signs of a slight rebound today across various assets, providing a glimmer of optimism for traders and investors alike. Recent on-chain reports have shed light on the movements of smart money players within the market, particularly in response to the recent pullback. […]

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Base Surpasses 1 Million Active Addresses, Leads Ethereum Layer 2s

March 16th marked a significant milestone for Base as it reached over 1 million active addresses, securing its position as the top Ethereum Layer 2 solution. This achievement underscores the platform’s growing prominence within the Ethereum ecosystem. On March 16th, @base achieved a milestone by surpassing 1 million active addresses, claiming the top spot among […]