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Solana Sees Surge In Daily Active Wallets And Dominates DEX Volume

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Solana’s ecosystem is experiencing significant growth, with daily active wallets skyrocketing to 1.2 million. This surge includes the addition of 215,000 new wallets in just two days, reflecting the increasing interest and adoption of the platform. 🚨 BREAKING: @solana sees Daily Active Wallets surge to 1.2 million, following the addition of 215K new wallets in … Read more

$GAL Rebrands To $G: A 50% Surge Amidst Strategic Moves

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In a significant move, $GAL has announced its rebranding to $G, causing a 50% surge in its value over the past 24 hours. This development has attracted the attention of smart traders, with one notable wallet, 0xf26ce, purchasing $264.82K worth of $GAL two days before the rebranding announcement. This wallet had been inactive for two … Read more

SEC Approves Mini Ethereum ETFs As Institutional Trading Dominates

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The U.S. SEC has given the green light to Grayscale’s mini Ethereum ETF, which will be backed by assets from their larger Ethereum ETF. In addition, ProShares’ Ethereum ETF has also received approval. These funds are expected to start trading next week, alongside other spot ETH ETF products. Grayscale has also introduced a mini Bitcoin … Read more

Smart Traders Pile Into $MOG As Token Continues To Break All-Time Highs

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In the ever-dynamic world of cryptocurrency, $MOG has been a standout performer, breaking its previous all-time high (ATH) two days ago and continuing its upward trajectory with new ATHs. Despite its high price, $MOG remains a hot commodity among smart traders, who are actively accumulating the token. According to data from icrypto.ai, several smart wallets … Read more

Real World Assets In DeFi Reach $3.89 Billion TVL, Marking Major Milestone

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As of July 2024, the Total Value Locked (TVL) for Real World Assets (RWA) in DeFi protocols has surged to an impressive $3.89 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, effectively bridging the gap between traditional finance and decentralized finance. The market capitalization of all Real World Asset … Read more

DeFi Blue Chips Poised For Breakout Despite Record Low Valuations

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Despite lagging in 2023, DeFi 1.0 assets are now positioned for a significant breakout. DeFi blue chips like AAVE, Maker (MKR), and Lido (LDO) are hitting all-time high revenues even as their valuations remain low. This trend is driven by several factors, including a pro-crypto U.S. landscape, ETH institutional adoption via ETFs, a stronger focus … Read more

Api3DAO’s OEV Network Launch And Market Impact

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Last week, Api3DAO launched its OEV network, an innovative on-chain solution designed to recover oracle extractable value (OEV) for decentralized applications (dApps) and DeFi protocols. This initiative aims to save millions of dollars for DeFi protocols by enhancing their efficiency and reducing operational costs. #API3 keeps delivering They launched OEV network, an on-chain solution aimed … Read more

$FIGHT Soars 7500% In Two Days: Early Investors Reap Huge Rewards

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In a remarkable turn of events, the meme cryptocurrency $FIGHT has skyrocketed by 7500% over the past two days, offering substantial gains for early investors. Those who bought in within the first two hours are seeing significant returns as interest in the token surges. According to on-chain data, 10 Smart Money wallets and 56 Smart … Read more

Scroll TVL Reaches $1 Billion As Market Sentiment Turns Bullish

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Scroll, a prominent Ethereum Layer 2 network, has achieved a significant milestone by reaching $1 billion in total value locked (TVL). According to L2Beat, Scroll’s TVL surged by 21.9% over the past week, bringing it to $1.01 billion. This impressive growth makes Scroll the eighth Ethereum Layer 2 network to surpass the $1 billion TVL … Read more