Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $ 488 million and $ 1.55 billion, respectively. Despite its rapid growth, Pumpswap still trails Raydium in market dominance, signaling an ongoing battle for supremacy in Solana’s DEX ecosystem. PumpSwap’s Explosive Growth Looks to …
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over […]
A market intelligence platform has attributed the drop in crypto-wide trading volume since Feb. 27 to “exhaustion, hopelessness, and capitulation.” ‘Diminishing Trader Enthusiasm’ According to Santiment, a market intelligence platform, the drop in crypto-wide trading volume since Feb. 27 can be attributed to a combination of “exhaustion, hopelessness and capitulation.” Santiment adds the consistent decline […]
A South African study reveals growing DeFi adoption, projecting $ 2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance (DeFi) activities are gaining traction, with projected volume expected …
This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain’s mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows. Though many proponents cheer this shift as a sign of operational efficiency, dissenters argue it signals troubling stagnation for the protocol’s […]