Polygon zkEVM’s daily gas use reached a new all-time high on 4 June. MATIC’s price action was, however, negative.
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UNI’s fees and daily active addresses declined over the last 30 days. Its price also decreased by over 2% in the last 24 hours.
Solana NFTs’ total number of transactions declined sharply last month. However, its price action was bullish as it registered gains of late.
As per Artemis’ data, BNB’s daily active addresses and DEX volume gained declining momentum. MVRV Ratio also dipped, which is bearish.
OKX’s latest proposal introduces a staking mechanism within the Bitcoin network specifically tailored for BRC-20 tokens or Bitcoin. However, BTC refrains from making it to the spotlight.
The number of Ethereum wallets with more than 100 coins reached a one-month low. However, exchange netflow was decreasing, suggesting it was not under selling pressure.
BNB’s supply on exchanges and supply outside of exchanges remained stagnant over the last seven days.
Bitcoin witnessed this year’s 5th largest sell off recently, with the majority of the contribution coming from Coinbase. Market indicators looked bearish as well.
Litecoin’s hashrate increased by more than 60% compared to a year ago which was a bullish sign for investors. However, LTC didn’t have only this to offer as its price too put forth a bullish narrative for the days to come.
Solana’s NFT trade count and trade volume in USD both spiked in the last seven days.
Avalanche NFT space registered growth last week, but TVL declined. However, AVAX’s funding rate was green, reflecting its demand in the derivatives market.
Tron witnessed a decline in its daily active users and daily transactions. TRX’s price also declined by over 1.5% in the last 24 hours.