On April 3, 2022, decentralized finance (defi) protocols held approximately $ 163 billion total value locked (TVL). By the start of January 2023, this amount declined to $ 38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $ 135 billion, but by Jan. 1, 2023, …
On Saturday, the smart contract platform Solana’s token, solana (SOL), eclipsed the $ 100 threshold, achieving a weekly growth exceeding 36% against the U.S. dollar. Throughout the year, investor sentiment toward solana (SOL) has remained overwhelmingly positive, intensifying following the conviction of ex-FTX chief Sam Bankman-Fried on multiple charges on Nov. 2, 2023. Solana’s …
This year, the cryptocurrency market has seen a dramatic surge, ballooning from a modest $ 827 billion at December’s close in 2022, to a robust $ 1.736 trillion presently. In this period, numerous cryptocurrencies have experienced significant growth. The following analysis delves into the crypto economy’s top performers and underperformers over the last …
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $ 503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $ 276.79 million in sales, surpassing Ethereum’s $ 99.67 million, which previously held the top spot. Bitcoin Once Again Outperforms …
In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins Thrive as Market Value Hits $ 1.7 Trillion Currently, the …