🚀 Cronos launched the Cronos zkEVM Pioneer Program; Solana's liquid staking ecosystem saw notable growth
🚀 Cronos launched the Cronos zkEVM Pioneer Program; Solana's liquid staking ecosystem saw notable growthCronos launches the Cronos zkEVM Pioneer Program. Solana's liquid staking ecosystem sees notable growth. Circle becomes the first stablecoin issuer to comply with EU's MiCA rules.
Weekly DeFi IndexAll indices fell this week. The market capitalisation, volume, and volatility indices were negative at –1.79%, -11.40%, and -44.68% respectively.
Chart of the WeekSolana's liquid staking ecosystem has seen notable growth, with the liquid staking ratio increasing from 4.89% to 6.76% quarter-over-quarter. The number of Liquid Staking Tokens (LSTs) on Solana has doubled, indicating a more diversified market landscape. The dominance of the top three liquid staking providers has fallen from 93% to 68%. Data shows that over 23 million SOL, worth over US$3.9 billion, are staked on liquid staking platforms. Solana has a higher overall staking ratio (~65%) compared to Ethereum (~27%), but the liquid staking ratio is still relatively low at 6.76%. Notably, Jupiter Exchange’s jupSOL has seen a 21% growth in market share monthly. Additionally, jupSOL was the most supplied LST with $212 million in Kamino Finance, a lending, liquidity, and leverage protocol on Solana. News Highlights
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📉 Bitcoin monthly active addresses dropped to lowest point since 2019; VanEck and 21Shares filed for Solana ETFs …
Tuesday, July 2, 2024
Bitcoin monthly active addresses dropped to lowest point since 2019; US SEC requested S-1 resubmissions of US Spot Ethereum ETFs by 8 July; VanEck and 21Shares filed for Solana ETFs with the US ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📉 NFT Market dips 45% in Q2; Bitcoin-Based NFTs Hit New Milestones
Friday, June 28, 2024
NFT market dips 45%; Solana and Bitcoin-based NFTs hit new milestones. Notcoin burns US$3M of NOT tokens and distributes US$5M of NOT. Animoca Brands is considering an IPO. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Wednesday, June 26, 2024
Stablecoin issuers are the 18th largest holders of US debt. AAVE is considering to join Lido Alliance. Blast will launch an airdrop on 26 June ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📉 Bitcoin miner reserves drop to three-year low; Standard Chartered is establishing a spot trading desk for BTC a…
Monday, June 24, 2024
Bitcoin miner reserves drop to three-year low; Standard Chartered is establishing a spot trading desk for BTC and ETH; Asset managers revised S-1 filings on US Spot Ether ETF applications. ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📈 📈 Bitcoin surpassed Ronin in all-time NFT sales; Loaded Lions: Mane City Mayh…
Friday, June 21, 2024
Bitcoin-based NFTs surpassed the gaming blockchain Ronin in all-time NFT sales. Ronin to integrate zkEVM for scalability. Doodles migrates Stoodio avatar customisation platform to Base. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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