The DeFi sector keeps changing at a rapid rate, and Solana now has that decentralized applications (dApps) that surpass almost any other blockchain’s dApps in terms of the number of monthly active users. Among Solana’s dApps, the Raydium Protocol stands out, boasting an amount of active users that is 5.5 times greater than that of Uniswap—Solana’s largest decentralized exchange (DEX). In parallel, the adoption of Solana has been so rapid that it has directed a lot of institutional interest toward it. The Cboe has taken the remarkable step of re-filing several 19b-4 applications with the SEC that are now four

The post Solana dApps Lead DeFi Surge as Raydium Outperforms Uniswap appeared first on The Merkle News.

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Solana’s lead over competitors and strong inflows support further bullish momentum even if the network saw a 10% drop in DApp activity.

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ETH price quickly rebounded from its $3,500 low. What role are DApps’ activity and investor price estimates playing in the recovery?

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Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term. 

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A new and improved version of Frames will allow users to run full-screen applications inside the social media platform Warpcast. 

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The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers. 

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The decentralized application (DApp) space continued to show impressive revenue growth in Q3 2024, with a range of platforms across various blockchain ecosystems generating millions. Here’s a closer look at some of the highest-earning DApps this quarter. Leading the charge is Pump.fun, a Solana-based platform for minting memecoins, which saw record-breaking growth, generating $262 million. In just one quarter, it became the fastest-growing crypto app in history, driven by a surge of over $100 million in early gains. Closely following is Sky, the rebranded MakerDAO, with $261 million in revenue. Known for its DAI stablecoin, Sky’s core revenue stream comes

The post Top Revenue-Generating DApps Of Q3 2024: From Memecoins To DeFi Giants appeared first on The Merkle News.

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Rooch Network, an application layer for Bitcoin featuring MoveVM and Bitcoin staking, has become the latest participant of Cointelegraph Accelerator.

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Biconomy’s acquisition of Klaster paves the way for a modular blockchain framework to simplify developer tasks and bolster user experiences.

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If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.

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