Exploring The Liquid Restaking (LRT) Protocol: A Game-Changer In The ETH Restaking Space

In a recent analysis conducted by DWF Ventures, a comprehensive overview of the Liquid Restaking (LRT) protocol sheds light on its significant impact within the Ethereum restaking ecosystem. The surge in the Ethereum restaking landscape has fueled the growth of Liquid Restaking (LRTs), enabling users to earn yield while optimizing capital efficiency. This innovative approach has garnered substantial attention, leading to a rapid expansion of the vertical. In just the past month, the Total Value Locked (TVL) in LRT protocols has surged by over 8 times, reaching an impressive $3.3 billion. 2/ As ETH restaking space grew, it prompted the

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Sui Token Surges In TVL, Surpassing $418 Million And User Engagement Spike

Token Terminal’s latest report highlights Sui’s remarkable performance as its Total Value Locked (TVL) surpasses $418 million, securing its position among the top 10 cryptocurrencies.  Within just 30 days, Sui has witnessed an impressive 86% surge in TVL, reflecting growing investor confidence and participation. The platform boasted an average of over 20,000 active users daily over the past month, peaking at approximately 80,000, with more than 8 million active accounts overall. In terms of gas usage, SUI recorded over $1.5 million in gas fees in the last 30 days, with gas prices stabilizing at 4.8k per day. Reports indicate an

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Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High

Despite Transfers Lingering in the Mempool, Bitcoin's Daily Transaction Rate Taps All-Time HighBitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion. But that’s not the only thing that’s […]

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Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts NetworkOn Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on […]

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