The case of Solana has increasingly become interesting in the past few days. According to data from DefiLlama, the total value locked in Solana’s DeFi has dropped by around $600 million since 31 July. Solana’s DeFi TVL started the month at $2.15 billion but was down to $1.56 billion at press time. This has goneContinue reading “Over $600m flushed out: Is Solana DeFi headed out of the window”

Meme crypto currency Shiba Inu has no end in sight as it continues the recent upturn in price fortunes. SHIB went as high as $0.00001642 as the bulls took charge of the dog-themed token on 16 August. A brief dip subsided the daily gains to just 1.3% and SHIB, at press time, was trading atContinue reading “Shiba Inu [SHIB] and its untold tale of price discovery”

Polygon has had quite an impressive week this time around as it chased down a milestone in DeFi. It has now become the fifth largest blockchain in terms of its DeFi total value locked (TVL) after overtaking Solana in the rankings. According to DefiLlama, Polygon’s latest TVL is calculated at $2.07 billion after an influxContinue reading “Polygon loses $1 mark but manages community support- here’s how”

Uniswap is approaching a crucial junction as the leading DEX is faced with a gripping situation. After usurping Curve as the most used decentralized exchange, the platform has been going through a barren run. Especially in July, Uniswap recorded a new low as trading volume stumbled to just $37.8 billion which is the lowest inContinue reading “Uniswap takes a big hit but here’s why HODLing could be a way to go”

American watchdog SEC took a recent hit as the battle against Ripple moved into an interesting phase this week. There is good reason for the SEC to worry right now with a string of defeats in a row. In their latest acrimony, Judge Netburn approved Ripple’s motion to authenticate SEC officials’ public remarks. This motionContinue reading “Ripple lawsuit: SEC receives another shock after latest court ruling”

It is not usual for the crypto markets to be dominated by an altcoin. But this seems to be the crypto climate at the moment with Ethereum tearing it apart on the price charts. The number one altcoin has racked up a slow day in the office but still managed over 12% of profits overContinue reading “Ethereum’s metrics that could determine your portfolio value this week”

Polkadot has been on the up this week on the back of the crypto-market’s changing bullish tides. In fact, the same was underlined by the double-digit gains recorded by DOT. Many considered this market sentiment a result of “biting the Merge news,” but Polkadot has its own reasons. Developments in the ecosystem seem to haveContinue reading “The real reasons behind Polkadot’s [DOT] 11% week are…”

Bitcoin [BTC] is feeling the heat of the rebound again after narrowly breaching its $25k resistance level over the last 24 hours. At the time of writing, the crypto was trading at $24,750 on the back of a 0.75% daily hike. In fact, it also looked set to end the week on a positive noteContinue reading “Bitcoin [BTC]: Watch out for these bull run signs the next time you check the charts”

The latest recovery signals in the crypto-market may be seen as evidence of an upcoming bull run. Needless to say, sceptics continue to stay confused about where certain crypto-assets will be 2, 3, and even 5 years from now. Popular memecoin Shiba Inu or SHIB is one such asset that continues to engage the communityContinue reading “Shiba Inu’s [SHIB] new $7.5B milestone – Identifying if whales played a part here”

As the market’s crypto-assets get on board with Ethereum’s pump, Tron’s TRX continues to falter. In fact, according to CoinMarketCap, TRX is among the leading tokens to register losses over the week. While the altcoin has dropped by a mere 0.25% over the past week, other assets have surged to prominence. This consolidation further highlightsContinue reading “How long until TRX investors notice what the altcoin is missing out on”

SOL has been progressing well on the charts over the last few days. In fact, Solana’s governance token has hiked by 9.40% in the past 24 hours, according to CoinMarketCap. A lot of individual appreciation, in tandem with the general recovery of crypto-assets since mid-July, has contributed to the same. However, another reason behind theContinue reading “The SOL goes on – All the reasons behind Solana’s latest uptick”

Solana is gearing up for what appears to be a rare bearish day in the crypto market. The recovery of asset prices has been a common theme since mid-July. But traders’ confidence has been flickering following the U.S. inflation news. Solana appears to have taken the brunt more than others. The SOL token is theContinue reading “Will Solana [SOL] holders see gloomy days ahead despite…”