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A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This…

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Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin…

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Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise

Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana…

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Bitcoin Leads $305M Digital Asset Outflows, CoinShares Blames US Economic Data

Digital asset investment products witnessed $305 million in outflows last week, with negative sentiment widespread among various providers and regions. CoinShares attributes this to stronger-than-expected economic data from the United…

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NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge

Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales…

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ChatGPT Analyzes Which Altcoin Will Perform the Best by 2024’s End (Hint: it’s Not Ripple (XRP))

TL;DR ChatGPT highlighted Ethereum (ETH) as the leading contender for a strong rally in the following months (among the altcoins). Somewhat surprisingly, the chatbot did not include Ripple (XRP) as…

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$2 Billion Milestone Reached in Tokenized Treasury Bonds

The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s…

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Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%,…

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