DeFi

Fantom’s story is just like that of Solana, a lesser known token. Its recent rally brought it to everyone’s attention. Beyond that, the coin has also made a mark in the DeFi space. However, looking at its recent development, it is worth pondering over whether Fantom is losing steam or about to head in anotherContinue reading “Fantom’s sprint to higher prices has mellowed, but what does it mean in the long run”

When Arbitrum first launched, it took the DeFi market by storm. Following its expansion within a very short span of time. However, the Layer 2 solution seems to be losing heat, of late. In fact, its dependence on Ethereum has further limited its capabilities. Ethereum fuelled Arbitrum today As an L2 solution, Arbitrum has doneContinue reading “How is Arbitrum’s dependence on Ethereum affecting its performance”

Crypto exchanges are vital parts of the crypto ecosystem. And, to that end, both centralized and decentralized exchanges offer attractions of their own. Chainalysis’ November research report on the crypto exchange showed what trends are taking shape, and where the industry is headed as a whole. Exchanging blows Comparing institutions such as centralized exchanges, DEXes,Continue reading “Chainalysis report reveals this about centralized vs decentralized exchanges”

Amid a raging cryptocurrency market with many prominent tokens achieving new highs, Terra’s LUNA token also reached an all-time high (ATH) earlier this week. That said, this recent price discovery was not on the back of larger market movements, but the platform’s own recently proposed ecosystem-centric updates. Earlier today, TerraForm Labs proposed to increase itsContinue reading “Terra ecosystem update proposals fueling LUNA’s rise to new all-time highs”

Over the last few years, there’s been a steady rise of lending protocols which has not only pushed the narrative for such protocols but also the market size of the sector. In fact, lending and borrowing protocols such as Aave, Compound and BondAppetit, have seen a rise in users and now have tens of billionsContinue reading “Will support from Binance Smart Chain, Fantom do the magic for Abracadabra’s SPELL”

The last seven days saw large-cap coins like Bitcoin and Ethereum rally to record their new ATHs. However, not all of the market’s coins were able to climb onto the uptrend bandwagon. SUSHI, one of the most market’s most-prominent DeFi tokens, is one such alt. After shedding more than 5% of its value in theContinue reading “Expecting SUSHI to breach $15 anytime soon is as realistic as…”

AAVE V2 was an important moment in DeFi history. It brought various new features to the protocol, pushed AAVE forward and as a result, catalyzed the TVL to where it is today. However, the way it affected the price of AAVE is what has brought us here today. Because, looking at AAVE’s present-day movement, V3Continue reading “Here’s what you should and shouldn’t expect after AAVE V3”

Uniswap is already in a tough position when it comes to the spot market. In fact, it is trying its hardest to hold on to the #15 rank. On the other hand, its performance in DeFi is slowly becoming a matter of concern. But, as Uniswap takes a hit, the rest of the DEX marketContinue reading “While Uniswap lingers, DEXs pick up steam as trading volumes soar”

The cumulative crypto-market cap made a monumental jump above the $3 trillion mark recently. In fact, soon after this achievement, Bitcoin and Ethereum registered new ATHs on their charts, blasting past key psychological resistances. However, apart from the two top coins, layer-1 protocols like Avalanche (AVAX) and Terra (LUNA) have also recorded massive year-to-date returns. Continue reading “With AVAX, LUNA hitting ATHs, can this be the ideal strategy ahead”