Solana (SOL) has achieved unprecedented on-chain activity with a record high in non-voted transactions, even as its token faces significant price pressure due to whale sell-offs and competitive pressures. The network averaged 1,318 true transactions per second (TPS) in July,… Read More »Solana Sets Transaction Record Amid Whale Sell-offs and Underwhelming Price Performance
Fluid recorded 29% of Ethereum’s stablecoin trading volume in July 2024, securing its position as the second-largest platform in the ecosystem. Market leader Uniswap maintained a 35% share during the same period, confirming Fluid’s rapid ascent as a major participant… Read More »Fluid Captures 29% of Ethereum Stablecoin Volume, Ranks Second to Uniswap
JPMorgan Chase has entered the crypto-backed lending space, intensifying competition with decentralized finance (DeFi) platforms that offer distinct advantages like diverse collateral options and dynamic fee structures. This institutional move signals maturation in the digital asset ecosystem while positioning TradFi… Read More »JPMorgan’s Crypto Lending Entry Sparks Competition with DeFi Markets
Rumors of Pump.fun launching its native PUMP token on Solana have driven significant market enthusiasm. The decentralized platform reportedly plans a public sale of 150 billion PUMP tokens, equating to 15% of its total supply. Each token would be priced… Read More »Pump.fun Rumored to Launch PUMP Token with $600 Million Sale Amid Solana Market Excitement