The recent launch of Egypt Cat ($SPHYNX) has been marred by accusations of unfair practices. An insider reportedly manipulated the market by using 10 newly created wallets to purchase 496.2 million $SPHYNX, which accounts for 49.62% of the total supply. These 10 wallets were set up just one hour before the token’s launch and funded […]
Tag: Solana
The June 8th livestream by @TheRoaringKitty has set off a dramatic rally in the stocks $GME, $KITTY, and $AMC. Leading the pack, $GME skyrocketed over 70% today, reaching an all-time high of $0.032. This surge was accompanied by a 531% increase in its 24-hour trading volume. A notable transaction occurred just hours ago, where a […]
In a remarkable surge, King $PEW has skyrocketed 144 times since its opening. One savvy investor, identified by the address 0xFC0…b8B85, has notably capitalized on this meteoric rise. This trader initially invested 3 ETH, which is now floating a profit of $780,000, translating to an astounding return rate of 6755%. Within just ten minutes of […]
Venture capital interest in GameFi is on the rise in 2024, with investments increasing steadily. In the first four months of the year, both the number of funded projects and total raised funds have shown significant growth. The GameFi sector now boasts 3,763 protocols, with BNBChain, Ethereum, and Polygon leading in the number of active […]
Solana has regained its footing, trading above the $180 mark today, driven by a 6% value gain. Over the past seven days, Solana has seen a remarkable 22% increase, accompanied by a 51% rise in its 24-hour trading volume. This performance highlights Solana’s resilience and growing dominance in the blockchain ecosystem. A recent report on […]
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 […]
Solana’s decentralized exchange (DEX) trading volume reached a remarkable $1.14 billion within a 24-hour period, outpacing Ethereum’s $1.13 billion. This surge in trading activity was driven by the anticipation surrounding the $JUP airdrop. 📊 @solana's DEX trading volume hits $1.14B in 24 hours, eclipsing @ethereum's $1.13B, fueled by the $JUP airdrop excitement. Ethereum still leads […]
In a week of impressive market recovery, altcoins have taken center stage with Bittensor, Helium, and Solana emerging as top performers. While Bitcoin’s social volume continues to decline, traders are increasingly drawn to speculative altcoins showing promising trends. Bittensor has experienced a remarkable 70% surge in the past seven days, reflecting a 54% increase on […]
In a recent analysis by DevRel at Duneanalytics, the utilization of the Pyth oracle has been steadily increasing since January 2022, signaling a robust adoption of its services. Solana emerges as the primary platform for Pyth transactions, particularly during bullish market conditions. While transaction volumes peaked in December of the previous year and have since […]
In the dynamic realm of cryptocurrencies, Total Value Locked (TVL) has emerged as a crucial metric, representing the cumulative dollar value of digital assets staked or locked within a specific blockchain network. This figure is influenced by the utilization of decentralized finance (DeFi) platforms and decentralized applications (dApps), serving as an indicator of a project’s […]