Whales and retail investors have sold a substantial amount of the PEPE holdings. Metrics revealed that the memecoin was under immense selling pressure.

Solana’s TVL helped the overall DeFi market’s TVL to somewhat hold its ground. SOL, however, was down by more than 5% in the last 24 hours. 

Shibarium Block Explorer sheds light on the network’s performance and growth. SHIB’s price remained bearish, but BONE registered massive gains. 

THORChain’s lending protocol went live on 21 August while RUNE’s price continued its bull rally. RUNE’s RSI was in an overbought zone, which was bearish.

PolkaWorld submitted a new proposal seeking to cover the operation costs for the next three months. At the same time, Polkadot remained heavily under bears’ influence.

As a part of Starknet Quantum Leap, the rollup launched v0.12.1 on Mainnet, adding new features to improve efficiency 

Ripple has partnered with the Bank for International Settlements (BIS) following a tie-up with MasterCard. The sentiment around XRP turned bullish following the announcement. 

Ethereum’s active addresses dropped at a time when L2s’ were gaining popularity and setting new records. ETH’s price continued to remain bearish. 

Several metrics pointed out that Bitcoin was at a market bottom which suggested a possible price uptick in the coming days.

BNB’s daily active addresses have been declining, as have its daily transactions. The blockchain onboarded multiple news Dapps, which can help change the scenario. 

Monero’s performance on the social front was commendable, while its price rallied by 2%, suggesting a continued bull run.

As per Shiba Inu’s latest blog, the developers have made several efforts to increase scalability by a huge margin.