After the latest token unlock, APT fell victim to a price correction. Despite the growth in the NFT space, APT investors could expect the bears to control the token’s price in the near term.

The relative spot demand for ETH has increased recently due to a decrease in BTC spot trading volume. But will that be enough for ETH to outperform the king of all cryptos?

Investors continue to sell their LINK holdings. This can push the token’s price down. The sell off might prevail for sometime since LINK’s exchange reserve and exchange inflow metrics have been on an incline.

BNB Chain has finally launched its Greenfield testnet. The launch gives rise to the possibility of BNB attracting new users onto the network and becoming the top blockchain in terms of daily active addresses.

Michiel Mulders of Swirlds Labs spoke about HIP-412 and what it aims to achieve. Hedera’s NFT space also registered substantial growth lately, but HBAR’s performance was sluggish.  Hedera’s [HBAR] recent podcast features Michiel Mulders, developer advocate at Swirlds Labs, wherein he discussed HIP-412.  Special thanks to @michiel_mulders for joining us on the podcast to discussContinue reading “Why HBAR could sit in a tight spot despite much to celebrate on Hedera’s part”

Solana’s price increased by over 10%, and the volume went up by more than 200%. Market indicators and on-chain performance suggested a continued surge.  Solana [SOL] has been surprising investors with its massive gains over the last few hours. Solana’s price increased by more than 10% in the last 24 hours, making it the highestContinue reading “Can Solana investors expect a further price pump? Refer to these metrics”

The number of Polkadot stakers gained an upward momentum. DOT’s price also turned bullish, which could increase the network’s TVL. As per Polkadot Insider’s 10 April tweet, the Polkadot’s [DOT] network revenue spiked quite a few times last week. Moreover, DOT registered the highest revenue of $1,473 on 6 April 2023.  👀 Let's get toContinue reading “Polkadot [DOT]: Can these factors boost network TVL? Decoding…”

Arbitrum’s daily users spiked on 23 March when the ARB token was launched. TVL has been rising, as has ARB’s price and number of holders.  As per Token Terminal’s findings on 10 April, Arbitrum’s [ARB] daily active addresses increased by more than 140% over the last 30 days. The considerable surge suggested a massive influxContinue reading “Arbitrum’s [ARB] daily users skyrocket, but the reason is not what you might think “

Cardano’s weekly development report discussed the efforts made by its multiple teams, over the past seven days, to improve the network.  On-chain performance was decent, but ADA’s price disappointed investors.  Cardano [ADA] has been pushing its efforts in terms of scalability, which is the primary focus of its fourth-era BASHO. A few weeks ago, itContinue reading “Decoding Cardano’s weekly development report for your next trade”

GMX’s fees and revenue declined sharply, but price action remained bullish. Active users also went down, and on-chain performance was concerning.  The latest data from Dune revealed that since 10 November, GMX’s volume plummeted from a 90% market dominance to 40%.  1/2 Is the perp market zero sum?♻️ Since Nov 10th, GMX volume has goneContinue reading “Though GMX’s market dominance declines, what’s behind its price pump”

To date, over 115,850 LANDs have been minted by more than 23,500 LAND owners. However, SAND’s volume and whale transaction count declined, and metrics looked bearish.  The Sandbox [SAND] recently published a blog highlighting its achievements pertaining to LAND Owner in Q1 2023 and what its plans are for the remaining quarters of 2023. 📢Continue reading “Sandbox Land’s plan for 2023 looks promising, but here’s a caveat”

SushiSwap was successfully able to recover a portion of the stolen funds. In the wake of the exploit, SUSHI’s price was not affected much, and its on-chain performance remained decent. SushiSwap [SUSHI] recently fell victim to a white hat exploit, which resulted in a loss of millions of dollars worth of Ethereum [ETH]. For context,Continue reading “SushiSwap: Impact of white-hat exploit and SUSHI’s swift recovery”