DeFi & L1L2 Weekly - 📈 Solana’s TVL and DEX volume hit milestones; StarkWare is planning to integrate Cosmos’s IBC
DeFi & L1L2 Weekly - 📈 Solana’s TVL and DEX volume hit milestones; StarkWare is planning to integrate Cosmos’s IBCSolana’s TVL and DEX volume hit milestones. StarkWare is planning to integrate Cosmos’s IBC. Ethena plans to allocate funds to RWA for yield and BlackRock’s BUIDL applied.Weekly DeFi IndexThe market capitalisation and volume indices were negative at -1.89% and -9.80% respectively, while the volatility index was positive at +34.00%.
Chart of the WeekSolana has reached several milestones, marking a remarkable period of growth in the cryptocurrency space. Solana’s total value locked (TVL) has climbed to $5.6 billion, the highest level since January 2022. Additionally, its decentralised exchange (DEX) volume (30-day moving average) surpassed that of Ethereum’s and showed strong momentum in the past weeks. News HighlightsChains
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AuthorResearch and Insights Team DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report, nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.We’re all ears.Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thank you! Thank you for reading! We hope you find our Weekly DeFi and Layer 1 & Layer 2 News Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! Thanks for reading Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming! Subscribe for free to receive new posts and support my work. Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming is free today. But if you enjoyed this post, you can tell Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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💸 US spot Ethereum ETFs saw US$342 million net outflow last week; Crypto.com featured Bitcoin on the Sphere in La…
Monday, July 29, 2024
US spot Ethereum ETFs saw US$342 million net outflow last week; Crypto.com featured Bitcoin on the Sphere in Las Vegas; Franklin Templeton and SBI are establishing a crypto ETF management firm. ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🚀 Solana Monkey Business & Other Collections Propel Solana NFT Sales to Second P…
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