TON Network TVL surpasses $760M — Is this bullish for TON price?
Investors’ excitement over airdrops and other incentives fueled TON Network’s TVL, but how sustainable is this strategy? Go to Source
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Solana traders chase $180 target after SOL gains 13% in 2-days
A surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180. Go to Source
SOL struggles to reclaim $145, but Solana network fundamentals remain solid
Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160. Go to Source
macOS of blockchains? Solana captures 60% of new DEX volume in May
Solana’s market share on decentralized exchanges rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach to Apple’s macOS, said Pantera Capital. Go to Source
dYdX gets isolated margin, isolated markets, and Raydium support in latest upgrade
The protocol also announced an Android app allowing users to trade on the mobile phone platform, among other upgrade features. Go to Source
SushiSwap replaces DAO with ‘Labs,’ introduces multitoken ecosystem
SushiSwap is now managed by Sushi Labs, an autonomous company that will operate under a council structure similar to Synthetix. Go to Source
Solana (SOL) price encounters resistance near $190 — Here is why
SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190. Go to Source
Ethereum’s lackluster performance has little to do with spot ETH ETF approval
Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. Go to Source
Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains
On May 15, the development team for the meme token project SHIB announced that the decentralized exchange (dex) Shibaswap has been ported to the Shibarium blockchain. SHIB’s lead developer detailed that Shibaswap’s trading platform is now accessible to users of both the Ethereum and Shibarium networks. Shiba Inu Devs Port Shibaswap Over to Shibarium According … Read more
Suspicious Activity Surrounds BitForex Cryptocurrency Exchange
A recent report by on-chain detective ZachXBT has shed light on concerning activity within the BitForex cryptocurrency exchange. Investors are growing increasingly apprehensive as questions arise regarding the exchange’s recent transactions and actions. According to ZachXBT’s findings, BitForex witnessed a significant $56.5 million withdrawal from its hot wallet on February 23. Surprisingly, withdrawal processing was … Read more