Ethereum DEXs Reclaim Volume Crown: Solana’s Memecoin Mania Fades Ethereum-based decentralized exchanges are back on top, snatching the volume crown from Solana for the first time since April. The catalyst? A rapid cool-down in the Solana memecoin frenzy, coupled with surging institutional interest in Ethereum as ether adoption grows. Ethereum DEXs Dominate: $24.5 Billion Traded in 48 Hours, Leaving Solana …
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Stablecoin monthly on-chain volume reaches highest level in July with over $15 trillion
Stablecoins are surging back into the DeFi spotlight! July witnessed a record-breaking month for on-chain stablecoin volume, hinting at a powerful revival in decentralized finance. Sentora, the on-chain data gurus formerly known as IntoTheBlock, dropped the mic with this revelation on X. July saw stablecoins shatter records, blasting past $1.5 trillion in volume, according to Sentora. The digital dollar’s dominance …
Read More »DeFi Sector TVL Hits 3-Year High of $153B as Investors Rush to Farm Yields
DeFi’s back, baby! Fueled by Ethereum’s charge toward $4,000 and a tidal wave of investment in restaking, the decentralized finance market exploded to a $153 billion peak on Monday â a level unseen in three years. DeFi is back, baby! Forget the crypto winter chills â a surge of fresh capital and climbing asset prices have catapulted the decentralized finance …
Read More »Top 3 reasons Amp crypto price will rebound after crashing 40%
Amp price plummeted. Since its highs in May, it’s down some 40-plus percent. But the stunning thing is that it has crashed by 80% from the 2024 top. Is this a buyable dip or a warning signal ahead? Amp is teetering on the edge. Prices this week plunged to a chilling $0.00293, never being sniffed since the licking winds of …
Read More »Berachain Faces $12 Billion Net Outflow and Steep TVL Drop Amid Community Doubt
It’s been a well-advertised fall from grace for Berachain. Formerly darling of crypto, thanks to an exciting testnet, now the chain data says it all. The wrong reasons are still in the spotlight: confidence is fizzling away faster than a spilled meme coin, which has everyone-the users and analysts alike-thinking about what went wrong. Such was Berachain’s meteoric rise into …
Read More »Jasmy price forms a risky pattern as whales offload
Japan’s Bitcoin, JasmyCoin, is standing on the edge. A threatening formation has surfaced which could induce the price to crash as whale wallets bleed out tokens. So, is that the end of the line for Jasmy’s bullish fantasies? It appears the Jai coins have put on an astonishing comeback! After the dips in April, JASMY has flown 130% higher than …
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