TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $ 6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report …
‘Next Stop, $1 Trillion’: Uniswap Celebrates $500B in L2 Volume
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $ 500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly …
Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion
Bitcoin has reached a historic $ 100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $ 131 trillion in transaction volume, a $ 2 trillion market cap, and increasing institutional adoption. Bitcoin’s $ 131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a …
New Record for Solana Decentralized Exchanges With Monthly Volume Surpassing $100 Billion
Over $ 116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana’s monthly trade volume on decentralized exchanges (dexs) surpassed $ 100 billion for the first time. The network’s dex trade volume so far in November …
From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $ 172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer …