Optimism gets overtaken by the zkSync protocol in terms of gas usage. Interest in NFTs declines as daily active users start to fall.

Ethereum’s new upgrade has a positive impact on Liquid Staking Protocols. Activity on Rocket Pool and Lido increases as prices start to surge.

As Bitcoin Stamps surpasses Ordinals in terms of growth rate, the NFT market was positively impacted. However, miners continue to face difficulties as selling pressure rises.

Avalanche observes institutional interest in its protocol as new partnerships emerge, but will that be enough to improve its declining TVL?

SushiSwap faces the problem head-on as it begins the procedure to reimburse users affected by recent exploits. The protocol asked the Lido governance for help to recover some of the funds that were lost.

When the price of BTC was at $28,000, FOMO (Fear of Missing Out) was exhibited by addresses, thanks to the bullish sentiment increase. However, as prices reached $30,000, the uncertainty around the king coin started becoming visible.

USDC generates large amounts of revenue through its treasury bills. Despite the declining market cap, USDC dominates the market in terms of transfer volume. The stablecoin sector was impacted severely after the Silicon Valley Bank (SVB) Saga. Circle, the issuer of the USDC stablecoin was impacted the most as some of their holdings were withContinue reading “USDC could be on the road to recovery but not without these obstacles”

Near’s Q1 performance indicated that the protocol has seen a surge in activity. The protocol was still lagging behind in the DeFi sector as DEX volumes fell. The optimistic run of the crypto market in Q1 has resulted in positive developments for the Near Protocol [NEAR]. According to Messari’s 10 April tweet, the protocol has beenContinue reading “Will NEAR’s Q1 performance bring its holders closer to profits? Analyzing…”

Bitcoin holders stay put despite high market volatility. Bitcoin inscriptions contribute massively to the fees generated by miners, offsetting some selling pressure. The surge in the value of Bitcoin has led to a significant increase in the profits of numerous Bitcoin holders. However, despite the profit-taking opportunity, a considerable number of these holders have chosenContinue reading “Bitcoin holders, do you wonder what’s up with BTC network? Read this”

Social interest in Tron increased as it outperformed Ethereum in some areas. TVL declined as dApps started to underperform. According to Google Trends’ data, the Tron [TRX] protocol had out-competed Ethereum [ETH] in terms of social interest. While comparing the keywords TRC20 to ERC20, it was seen that there was a large interest in Tron’sContinue reading “Tron outperforms Ethereum in this category, how will it affect TRX’s growth”

Coinbase CEO stated that Coinbase might integrate Bitcoin Lightning Network. Bitcoin’s sentiment remained positive; however, traders turn skeptical. Over the past few months, Bitcoin [BTC] has witnessed a substantial rally with a surge in its price. While some traders have been anticipating an imminent price correction due to BTC’s significant rise, comments made by BrianContinue reading “All eyes on Bitcoin [BTC] as Coinbase CEO reveals…”

Polygon outperformed Ethereum in terms of activity over the last 24 hours. However, TVL growth for Polygon remains low as DEX volume declined. Polygon [MATIC] has emerged as a prominent L2 solution in recent years, with several partnerships and an influx of NFT migrations contributing to its ability to remain competitive with other layer 2Continue reading “As Polygon surpasses Ethereum in this metric, where does MATIC stand”