Decentralized lending protocol ZeroLend has announced it will shut down operations after facing prolonged sustainability issues across the blockchains it supports. Founder “Ryker” confirmed the decision in a post shared on X, stating that after three years of development and operations, the protocol can no longer sustain itself in its
Ethereum dominance is gradually decreasing among blockchains that enable dApp development and DeFi. With the emergence of blockchain networks such as Solana, Tron, Sui, Base, Hyperliquid, Ethereum is losing its share of TVL in the blockchain ecosystem. Even the short bull run we witnessed in December 2024 couldn’t favor the
Even though the broader crypto market is not performing up to the expectations of traders, several altcoins are recording significant price surges. The DeXe protocol falls into this category with its recent month-long price surge. Adding to that, the native DEXE token also surged by over 10% today, with a
The SUI network has crossed $2 billion in total value locked (TVL), reaching $2.27 billion after a 16% surge over the past 30 days. This milestone reflects the network’s growing adoption and robust market performance. Currently, SUI trades at $4.51, showing a daily gain of 4.18%. Its market capitalization stands
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
