The native cryptocurrency of the SUI layer one blockchain is gaining momentum, approaching its previous all-time high of $2.18—recorded during the March bull run. Over the last 24 hours, SUI displayed a significant uptick of over 13%, climbing from a low of $1.43 to a high of $1.64 before stabilizing
The world of crypto staking is evolving at a rapid pace, and the collaboration between Binance and Solayer has helped to bring a new innovation to the forefront—BNSOL. Officially launched as a Liquid Staking Token (LST) on the Solana blockchain, BNSOL allows to combine the strengths of Binance’s vast user
In a recent development, the engineering team behind zkSync Era, the groundbreaking Ethereum scaling solution, has acknowledged a temporary withdrawal delay experienced by a small subset of users on their network. The delay, which lasted for up to six hours, has since been rectified. Then, all pending withdrawals have either
One of the most renowned blockchain networks, Cardano, has witnessed an increase in its Total Value Locked (TVL) metrics. The network’s TVL increased by 30% over the previous month, underscoring the rising popularity of the network’s DeFi ecosystem. On April 18th, Cardano’s TVL crossed $168 million. More developers and consumers
Arbitrum token whale transactions are picking up notable momentum this week. One of the largest Arbitrum airdrop recipients initiated a sell-off of 933,375 ARB, now worth $1,290,951, to acquire 708 ETH. This was registered as the larger one in the 24-hour time frame. Popular on-chain crypto tracker Lookonchain detected prominent
Bulls at the current frontier are leading major price rallies in the global crypto market. Significantly, the price of Cardano (ADA) jumped 12% in the last 24 hours to the range of $0.38. At press time, the price of Cardano hovered above the 50-moving average (50MA), pointing out the bullish
The FlokiFi Locker has now surpassed $31.5 million in Total Value Locked (TVL), showing the continued growth in popularity of Floki’s digital asset locker. FlokiFi Locker is a multi-chain protocol that supports 12 EVM-compatible blockchains, including BNB Chain. The protocol secures digital assets with an ERC-1155 multi-token standard solution. This
Baby Doge is growing to be the underdog for leading memecoin, with its new updates and utilities. The seemingly second favorite Dogecoin for the Twitter CEO is breaking up all its own records. On February 5th, the coin was listed among the top 100 cryptocurrencies on the CoinGecko site. The
Despite the current crypto market conditions, Decentralized finance (DeFi) still proved its higher scaling potential than the traditional financial industry. Some segments of the DeFi industry continue to “display a positive trend,” while the overall value locked fell from its peak of $180 billion in December 2021 to around $50
The official Twitter account of Crypto Dep has shared the top projects by TVL in Optimism Ecosystem. In simple terms, the total value locked (TVL) indicates the number of assets presently staked in a protocol. Moreover, this value does not indicate the number of outstanding loans; rather, it represents the
