#DEFILLAMA News

Rises 23%, Offsets Crypto Market Fear And Doubt

newsbtc.com Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market’s fear, uncertainty, and doubt.…

Can Memecoin Mania Help Revive Ethereum’s Deflationary Dreams?

unchainedcrypto.com As concerns grow over Ethereum’s declining network activity and its weakening deflationary dynamics, a new player has emerged with the potential to reignite Ethereum’s…

Kamino seeing benefits from liquidity incentives on PYUSD

blockworks.co Howdy! Death, taxes, and the Kansas City Chiefs getting extremely lucky at the end of football games. When will it end? It’s day two of the NFL season and I’m already…

Ethereum’s Rising Inflation ‘Not Necessarily a Bad Thing,’ Analysts Say

cryptonews.com Key takeaways: Analysts argue that the rising Ethereum inflation rate is not a bad thing really and can actually boost network utility. They say the immediate impact of…

Crypto VC Funding Jumps 15%, Surges to $633M in August 2024

coinspeaker.com Coinspeaker Crypto VC Funding Jumps 15%, Surges to $633M in August 2024 Despite a sluggish summer in the cryptocurrency market, venture capital (VC) investments are…

Polygon-based QuickSwap’s QUICK up by 41% in 24 hours

ambcrypto.com QUICK token saw demand resurgence after bottoming out in August, confirming the return of the bulls • Latest rally confirmed the bulls’ return to the altcoin’s market QUICK,…

$1 Dream Run Fades With 60% Drop? Time To Buy Or Sell?

coinpedia.org Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a…

THORChain Hard Forks: Why Is RUNE Down 70% And Still Dumping?

newsbtc.com THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly…

COTI Partners with PriveX to Revolutionize DeFi with Privacy-Centric Perpetuals Trading

coinspeaker.com Coinspeaker COTI Partners with PriveX to Revolutionize DeFi with Privacy-Centric Perpetuals Trading COTI, known for its rapid and lightweight confidentiality layer on…

Why Is Solana Price Down Today?

coingape.com Since yesterday, the crypto market has officially entered the fear zone, hinting at the investor’s hesitation in placing trade. The result of these hesitations is the…

Bitcoin Liquid Staking Comes to Zest Protocol on Stacks With BTCz

decrypt.co With staking becoming a reality for Bitcoin's own layer-1, you’ll just as soon be able to trade liquid staking tokens on Bitcoin layer-2 networks. Zest Protocol, a Bitcoin…

Bybit reveals SOL-based liquid staking token bbSOL, partners with Solana dApps

cryptobriefing.com Bybit has launched bbSOL, a Liquid Staking Token (LST) on the Solana blockchain. According to the announcement, this initiative, developed in collaboration with Sanctum,…

From Low Fees to ETF Struggles, Ethereum (ETH) Faces Mounting Pressure

beincrypto.com The performance of the market’s favorite altcoin, Ethereum (ETH), has been hampered by problems with its network in the past few months. As these problems persist, ETH’s…

XRP Price Holds at $0.56 Amid Ripple vs. SEC Appeal Speculation: What’s Next?

coingape.com XRP price remains consolidated even after the entire market slumped on September 3 and 4. This is a great show of resilience on the part of XRP. Investors and traders…

Is ‘pervasive quiet quitting’ crypto’s latest trend?

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Vibe check The vibes…

Solana outpaces Ethereum with booming NFT trades: What about SOL?

ambcrypto.com None DApp volumes on Solana have jumped by 87% in the last 24 hours per DappRadar. • None The growth comes amid an influx in NFT trading volumes on the platform. The Solana…

DEXScreener is Earning Over $1 Million in Weekly Fees

thedefiant.io DEXScreener, a popular chart and data aggregator for onchain tokens, is one of the top earners in all of DeFi, according to DeFiLlama. The platform earned $5.4 million over…

Most TON Holders In the Red as Price Keeps Falling After Telegram CEO Arrest

decrypt.co Toncoin’s price slipped below $5 on Tuesday, hitting a four-month low following the arrest of Telegram founder and CEO Paul Durov in France late last month. The…

Pendle Pauses Contracts After Yield Protocol Penpie Suffers $27 Million Exploit

thedefiant.io Penpie, a yield generation protocol built atop Pendle Finance, has suffered a smart contract exploit that has drained $27 million – and counting – from its users. According…

Solana protocol Mango Markets wants to dodge SEC scrutiny by dissolving its DAO

dlnews.com Members of Mango DAO are supporting a proposal that would destroy the MNGO governance token and pay a hefty fine in a proposed settlement with the US Securities and Exchange…

Tether Decides Against Creating Its Own Blockchain Amid Market Saturation

thecurrencyanalytics.com Tether, the company behind the leading stablecoin USDT, has chosen a different path. Rather than building a new blockchain, Tether has decided to focus on existing…

Ethereum DeFi ecosystem suffers contraction, TVL down to $47 billion in 2024

cryptoslate.com Quick Take The total value locked (TVL) in Ethereum’s DeFi ecosystem stands at $47 billion in 2024, a decrease from its peak of $66 billion earlier this year, according to…

Leading DeFi giants Sky and Aave launch Sky Aave Force to boost sector growth

cryptoslate.com Leading DeFi protocols Aave and Sky (formerly MakerDAO) have partnered to launch Sky Aave Force, aiming to bridge the gap between decentralized finance and traditional…

Pump.fun Versus SunPump: Which Platform Comes Out on Top

beincrypto.com Meme coin enthusiasts are caught in a battle between two leading platforms: SunPump and Pump.fun. SunPump operates on the Tron blockchain, while Pump.fun runs on Solana,…

Polygon’s POL migration: Can it reverse MATIC’s downtrend?

ambcrypto.com None Polygon’s POL migration on September 4th could be the catalyst MATIC needs to break free from its current downtrend. • None With MATIC trading near its multi-year low,…

TON’s New $2.5 Million Incubation Program Aims to Supercharge Growth on Its Blockchain

beincrypto.com TON Accelerator has unveiled TON:Acc, an incubation program to catalyze the growth of early-stage startups developing on its blockchain. The initiative, driven by TON…

VC funding for crypto startups soars to $634M in August

cryptoslate.com funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460…

Solana Meme Coin Factory Pump.fun Is the Fastest Growing Crypto App in History

decrypt.co Pump.fun has notched $100 million in revenue in just over seven months, making it the fastest-growing protocol by revenue growth in the cryptocurrency ecosystem—even as…

DEX trading volume falls 9% to $179 billion month over month

cryptoslate.com Decentralized exchanges (DEX) registered $179 billion in spot trading volume last month, falling 9% on a monthly basis, while their centralized peers rose roughly 8% during…

Top Crypto News This Week: MATIC Migrates to POL, Sonic Testnet Goes Live, and More

beincrypto.com This week is filled with key developments across various crypto ecosystems, including Polygon and Binance, which are expected to impact the market in different ways.…

Competitors eye a slice of Solana’s pie

blockworks.co Howdy! Happy Labor Day to all our US-based readers. To everyone else, happy Monday. I will personally be celebrating my own position as a laborer by eating several hotdogs.…

Top Crypto Performers September 2

cryptonews.com As major cryptos recover on Monday following a dip over the weekend to fresh multi-week lows, traders are hunting for top crypto performers today in the alt-coin market that…

Solana tops DEX transactions in August

ambcrypto.com None Solana’s daily active addresses increased sharply over the last 30 days. Solana [SOL] has been in the limelight for quite some time now, primarily because of its meme…

Will Its $110 Support Hold? Analyzing the 20% Price Drop

watcher.guru Solana’s price has dropped 20%, testing its $110 support level. This sharp decline worries investors about market volatility and possible further drops. Also Read: Global…

Solana’s 20% Tumble Raises Red Flags: Will Support at $110 Hold?

thecryptobasic.com Amid the broader market correction and declining volumes, will Solana crash under $110? In a broader market correction, as Bitcoin price falls under the $58,000 support…

Solana buyers lose interest: How long will SOL’s $138 support hold?

ambcrypto.com None Solana was testing a multi-month support level at press time, after persistent selling pressure and a lack of buyer interest. • None Despite weakening price, on-chain…

Will Bitcoin break $67K for a rally or stay below $60K?

ambcrypto.com None Bitcoin faced a critical support test at $59K, with potential for a significant move in either direction. • None On-chain data showed that 81% of BTC holders were in…

Bitcoin DeFi protocol Threshold proposes merger ‘before Justin Sun takes control of WBTC’

ambcrypto.com None “Concerns” linked to Justin Sun’s involvement remain at large amongst DeFi players. BitGo’s WBTC custody concerns seem far from over, despite recent adjustments to…

6 Stablecoins That Are Driving the Sector’s Two-Year High in Market Capitalization

unchainedcrypto.com The market cap of all stablecoins has grown 30% this year from $130 billion to nearly $170 million, a more than two-year high that reflects the public’s growing enthusiasm…

Blast Struggles After its Highly Anticipated Airdrop

thedefiant.io Blast critics are running victory laps as the heavily hyped Layer 2 (L2) experiences an onchain exodus. The chain’s daily active user (DAU) count is at a new low of roughly…

Solana Drives Circle’s USDC Stablecoin Past $16T in Volume

watcher.guru The Solana network’s importance has only been reinforced as it has helped drive Circle’s USDC stablecoin past the $16 trillion mark in total volume. Indeed, the…

Binance, Bybit Eye Growing Solana Liquid Staking Market

beincrypto.com Binance, the world’s largest crypto exchange by trading volume, is planning to launch a liquid staking token (LST) on the Solana blockchain, alongside other exchanges. This…

Why TRX Has Grown 44% In The Last 90 Days

forbes.com has surged 44.4% over the past 90 days, significantly outperforming other major cryptocurrencies. Data from CoinMarketCap shows that during the same period, bitcoin fell…

Circle and Paypal’s stablecoins keep notching gains

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Happy Friday! This is our…

USDC crosses $16 trillion in volume, driven by Solana’s market share

cryptoslate.com Circle’s USD Coin (USDC) stablecoin has crossed the $16 trillion mark in total cumulative volume. While this number falls short of traditional financial powerhouses like…

Despite Solana staking developments, SOL is unaffected

ambcrypto.com None SOL is on its way to its sixth consecutive day of decline. The Solana staking landscape has experienced some notable developments in the past 24 hours, with various…

Gnosis Chain Community Reconsiders Gas Token Amid MakerDAO’s Rebranding

coinspeaker.com Coinspeaker Gnosis Chain Community Reconsiders Gas Token Amid MakerDAO’s Rebranding Popular Ethereum sidechain Gnosis Chain’s community is grappling with a crucial decision:…

Ethereum forms first bullish divergence in 2 years: Major rally ahead?

ambcrypto.com None Ethereum shows potential for a bullish reversal, with a rare daily bullish divergence and narrowing Bollinger Bands. • None Macroeconomic shifts and on-chain data could…

Aerodrome Tops 2024 DEX Revenue Rankings

thedefiant.io Fueled by token incentives, the decentralized exchange on Base has raked in more than double Uniswap’s revenue this year. Aerodrome, a decentralized exchange (DEX) on Base,…

Telegram Under Ban Threat In Indonesia For Alleged Pornography & Gambling, TON Price Dive Deepens

newsbtc.com Following the recent arrest of Telegram CEO Pavel Durov in France, the messaging platform is facing escalating legal challenges across multiple countries. Local media…

Why Binance, Bybit and Bitget Want a Piece of the Solana Staking Market

unchainedcrypto.com Solana’s liquid staking ecosystem is expanding, with new big players entering the scene. On Thursday, three centralized exchanges—Binance, Bybit, and Bitget—each teased new…

Beating the Bots: In Defense of Human Traders

coindesk.com On March 18, some $9.5 billion was traded on decentralized exchanges, or DEXs, across all chains tracked by DeFi data site DefiLlama. March was a month of heavy trading, to…

PayPal’s PYUSD Becomes Sixth Largest Stablecoin After Solana Surge

thedefiant.io PYUSD’s market cap is up 97% in the last 30 days. PayPal’s USD stablecoin is enjoying a surge in growth after launching on Solana. The market cap of PYUSD, PayPal’s…

Binance and Bybit tease possible Solana liquid staking products

cryptoslate.com Crypto exchanges Binance and Bybit have hinted at launching a new Solana-related product, sparking speculation that they may enter the Solana liquid staking market. On Aug.…

Crypto leaders decry ‘absurd’ SEC probe of OpenSea as a war on ‘web3 artists’

dlnews.com Gary Gensler sure knows how to rile people up. Crypto luminaries reacted to the news OpenSea had become the latest target of the US Securities and Exchange Commission and…

Venture Capitalists Stay Bullish on Crypto, Inject $190 Million Despite Market Uncertainties

beincrypto.com Amidst turbulent market conditions, venture capitalists (VC) remain bullish on the crypto sector’s potential. Despite fluctuating markets, VC firms like ParaFi Capital and…

Bitcoin Layer-2 Stacks Initiates Nakamoto Upgrade, STX Drops 8%

beincrypto.com protocol has initiated the Nakamoto Upgrade, which introduces Bitcoin (BTC) finality to its network. Over the next 21 days, the ecosystem is set to experience a range of…