Optimism transactions hit their peak recently, eclipsing the largest L2 solution, Arbitrum, for the first time in 2023.
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Polkadot’s latest report on the ecosystem’s performance in Q2 provided key insights on sectors like staking, development activity, and DeFi.
An investigation by CoinShares touched upon a few crypto-specific and macroeconomic triggers that contributed to Bitcoin’s ongoing decline.
The sharp drop in Worldcoin’s fully-diluted market valuation summed up the difficulties the Sam Altman-backed project has endured lately.
Solana flipped Polygon to become the second-largest blockchain for NFTs, as competition in the creative Web3 vertical heats up.
Bitcoin witnessed one of its sharpest price drops of 2023, falling to as low as $25,000 on 17 August and ending the period of low volatility.
The 90-day annualized volatility for Bitcoin and Ethereum plummeted to multi-year lows, making them less volatile than crude oil.
The stablecoin market cap recorded the 17th straight month of decline as of 14 August, falling to $124 billion.
In a major achievement, the minting volume of Polygon-based Reddit Collectible Avatars crossed the $20-million mark.
Bitcoin whale investors have been strategically adding to their portfolios in recent weeks, even as price remains muted.
Altcoin dominance by trading volume ripped to 78%, the highest in the last two years. In contrast, Bitcoin’s volume plummeted to new depths.
Ethereum’s burn mechanism and The Merge played a vital role in the transition towards a deflationary token.