NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit,…
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FTX Unstakes $23M Worth of SOL, Is a Potential Solana Dump Imminent?
A wallet associated with the defunct crypto exchange FTX and its sister company Alameda Research has redeemed 177,693 Solana (SOL) tokens, valued at approximately $23.75 million, from the Solana Proof-of-Stake…
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access…
NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The…
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible…
Top 10 Solana (SOL) Ecosystem Projects by Development Activity
TL;DR Due to recent growth, Solana and its projects have gained popularity. Ecosystem meme coins like Dogewifhat (WIF) and Bonk Inu (BONK) have seen significant declines after a substantial surge…
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…
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…
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…
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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