Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $ 756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace by trading volume, dethroning Blur for the first …
Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $ 2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $ …
FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD Claims Fourth Spot Among Stablecoin Titans In the realm of U.S. dollar-pegged cryptocurrencies, […]
Bitcoin ETFs Break Trading Volume Record — Blackrock’s IBIT Now Holds Over 170K BTC
Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $ 10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $ 11 billion in assets under management (AUM) and accumulating over 170,000 bitcoins. Record Volume Day for Spot Bitcoin ETFs Ten spot bitcoin exchange-traded funds …
10 Bitcoin ETFs Smash Inflow and Trading Volume Records
Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $ 673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting for $ 612.1 million of the total inflow. The 10 bitcoin ETFs also set a new record for total trading volume. Spot …