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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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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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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 […]

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Cryptocurrency Activity Surges Across Various Metrics; AI Tokens Gain Traction

As the cryptocurrency market experiences heightened volatility at the end of the week, several assets are exhibiting significantly increased network activity compared to their usual levels over the past three months. 🧑‍💻 Here are #crypto's top #AI and #BigData related coins, sorted by notable daily development activity rates over the past 30 days: 1 @NEARProtocol […]

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Algorand Network Sees Surge in Active Users With Over 175K Active Users Amidst Node Reward Criteria Update

The Algorand network experienced a remarkable surge in active users, reaching over 175,000 individuals on a single day. This surge represents a significant increase compared to the year-to-date average of approximately 40,000 users. Notably, the last time Algorand witnessed such high user activity was back in December 2023. Is Algorand waking up? The @Algorand network […]

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Arbitrum Gas Fee Reductions Set To Lower Transaction Costs Amid Dencun Upgrade

In an exciting development for the Ethereum ecosystem, gas fee reductions are scheduled to take effect on March 18, offering significant relief to developers utilizing the Arbitrum Layer 2 (L2) solution. This initiative, implemented in conjunction with the Dencun upgrade, promises to slash layer-2 transaction costs by a factor of ten, marking a notable advancement […]