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The sector of decentralized finance (DeFi) has had an impressive boost, with cumulative DeFi revenue projected to reach $2.7 billion in 2025. This represents a stunning 2600% increase over the revenue figure of under $100 million in April 2021. The nearly vertical growth curve seen in DeFi remains unparalleled in the history of finance, and … Read more
FLUID has achieved something never before seen in the world of decentralized finance (DeFi). In its first 100 days, the project amassed $10 billion in trading volume on Ethereum—a number that has since gone up—and done so at a pace that probably no one anticipated when FLUID first launched in May 2023. Not only is … Read more
In a stunning introduction to the blockchain world, Berachain has attracted the attention of DeFi aficionados, gaining a total value locked (TVL) of $1.817 billion on its first day of operating. This swift rise has not only established Berachain as a meaningful DeFi player but has also vaulted it into the top 10 blockchains by … Read more
Uniswap, the decentralized finance (DeFi) behemoth, is confronting an intricate market conundrum in which its record-smashing wins coexist with worrying, bearish-tinged signs. On Tuesday, a jaw-dropping $25 million worth of $UNI tokens were withdrawn from exchanges, representing the largest outflow since 2021. And while this alarming move across a key governance token wasn’t mentioned by … Read more
In an astonishing turn of events, the newly launched $TST token has seen an unprecedented 4700% price surge within just 30 minutes of trading. Created by members of the BNB Chain team, the token quickly became the talk of the crypto world after its meteoric rise. $TST’s market cap in half an hour blew up … Read more
For quite some time, Ethereum (ETH) has held the position of being the second-largest cryptocurrency by market capitalization. It frequently plays the role of being in second place, following Bitcoin. In the last several years, Bitcoin has clearly been the leader, outperforming Ethereum. This has caused many in the crypto community to ponder: Is this … Read more
The recent volatility in the cryptocurrency market has had Bitcoin (BTC) at the heart of it all. In a saga that seemingly never gets old, Bitcoin whales — large holders of BTC — have taken advantage of the recent price drops to accumulate even more coins. This time, however, it seems that the retail traders … Read more
Within a mere 24 hours, Sonic has witnessed the explosive, near-10% growth of its ecosystem revenue—a continued streak of impressive growth across its decentralized ecosystem. This dramatic uptick in revenue highlights not only the outstanding performance of Sonic’s native token, $S, but also a notable increase in the adoption and success of projects within the … Read more
The largest automated market maker (AMM) decentralized exchange (DEX) on Ethereum Virtual Machine (EVM) chains, Uniswap, has officially launched Uniswap V4, its latest upgrade, which now operates across more than 10 chains. Yet, Uniswap V4 might not be operating just on EVM chains. Indeed, a new report indicates that the Uniswap Foundation is exploring the … Read more
In a strategic move that has captured the attention of both traditional finance and the cryptocurrency world, MicroStrategy, led by Michael Saylor, has moved to rebrand itself to “Strategy.” This change marks a significant move from the company and looks to distance itself from the “Micro” part of the name, essentially allowing it to appear … Read more