DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches Mekong testnet to preview Pectra upgradeSolana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade.Weekly DeFi IndexThis week’s DeFi indices all show positive movements, with the market capitalisation, volume, and volatility indices increasing by +28.75%, +132.77%, and +96.73%, respectively.
Chart of the WeekIn October, Solana achieved 123 million monthly active addresses, marking the highest number of addresses recorded on the network. Notably, Solana’s monthly active addresses surpassed that of Ethereum for four consecutive months since July 2024. According to The Block, the number of signed transactions from unique Solana addresses increased by 42% since September, indicating a significant acceleration on network activity. This is mainly due to the growing popularity of meme coins on the network, thanks to its ease of minting on Pump.fun, and the increased volume of meme coin trading on Raydium, a Solana-based decentralised exchange. News Highlights
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DeFi & L1L2 Weekly — 📈 Polymarket hits US$2.5 billion in volume amidst the US presidential election; TON Foundati…
Wednesday, November 6, 2024
Polymarket hits a record of $2.5 billion in volume amidst the US presidential elections. TON Foundation launches Society DAO to enhance decentralised governance. Swell launches optimistic rollup in Op
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DeFi & L1L2 Weekly — 📈 Solana’s weekly fees outpaces Ethereum's; Lido approves permissionless ETH staking with mi…
Wednesday, October 30, 2024
Solana hits a new high in weekly fees, outpacing Ethereum's. Lido DAO approves vote for permissionless ETH staking with minimum collateral of 2.4ETH. Uniswap collabs with Across for cross-chain
DeFi & L1L2 Weekly — 📈 DEX vs CEX spot trading volume ratio reaches its second highest level; Bittensor upgrade e…
Wednesday, October 23, 2024
DEX vs CEX volume ratio reaches its second-highest level. Bittensor upgrade enables Ethereum compatibility. World Network launches Layer-2 blockchain, World Chain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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