Bitcoin-based decentralized finance (DeFi) protocols are on fire! Total value locked (TVL) during the period increased by a staggering $304.66 million as of January 1, 2024, to a remarkable $7.117 billion. This surge shows that people are increasingly interested in using Bitcoin as more than just a store of value....
HyperEVM’s Layer 1 has experienced remarkable growth in Total Value Locked (TVL). This increase is propelled by the recently concluded explosion of decentralized applications (dApps) and an exciting initial HYPE airdrop. Since launching in February, the ecosystem has experienced record transaction volumes and application development. The airdrop, one of the...
Okay, fam, let's get real. Sure, we’ve all gotten a little burned with airdrop promises in the past. Recall that one crummy project that promised you lambos and left you with…nothing. Yeah, me too. Hyperliquid’s Layer 1, HyperEVM, achieved nearly $2 billion in Total Value Locked (TVL) in under five...
Let’s face it, if you think DeFi, you think Ethereum. The narrative is strong: Ethereum is DeFi. What if I told you that narrative is wrong, even dangerously so. Just imagine if the true blockchain revolution is taking place on a chain many still dismiss as a digital dinosaur. I'm...
Ethereum has been pulling a lot of media attention in the DeFi space, and rightfully so. Anjali Mehra Anjali is a DeFi opinion columnist, skilled at making complicated topics crystal clear. Today, she’s here to help illuminate what’s been powering Ethereum’s recent fortunes. Rather than bogging you down with heavy...
Okay, let's be real. We've all seen the charts. Ethereum's TVL is soaring. $72.1 billion, folks. That's not chump change. It’s enough to make even CZ break a nervous sweat. While everyone's busy patting Ethereum on the back after the Shanghai upgrade unlocked all that sweet, sweet staked ETH, a...
Ethereum’s Total Value Locked (TVL) has seen an impressive spike, rising close to 11% to around $72.1 billion. This growth further cements Ethereum’s top spot in the decentralized finance (DeFi) ecosystem. Solana and BNB Smart Chain (BSC) had equally astonishing rises. At the same time, other networks performed varied in...
Okay, let's talk frankly. We're all looking at that shiny $200 billion TVL in DeFi and thinking, "Wow, crypto's back!" I'm here to tell you that beneath the surface, something's rotten. While the headline may scream growth, the essential lifeblood of DeFi – capital – is currently hemorrhaging. A 50%...
Solana’s DeFi ecosystem is booming, with its Total Value Locked (TVL) reaching an all-time high of $17.5 billion. This wave has been driven by new protocols such as Jito, Kamino, and Jupiter and the strong cloud-based infrastructure that empowers the network. These platforms each offer unique value propositions that attract...
Okay, let's be real. We're not just talking about finance here; we're talking about vibes. Solana DeFi hitting $17.5 billion TVL? That’s not just the numbers increasing, it’s a significant cultural flex. And Jito, sitting pretty with $2.7 billion of that pie, is either a stroke of genius or the...
Further Reading
Commit Growth is a Crypto Mirage? The Sobering Truth Behind the Hype
So, everybody is talking about commit growth in crypto, aren’t they? Starknet, Sui, Cardano, Avalanche, Polkadot – apparently they’re all crushing it on developer activity. Month-over-month increases of 20%, 30%, even 45! Sounds amazing, doesn't it? Like a sure sign of future success. Slow down before you sell the farm...
5 Cryptos Surging, Others Dying? The Meme Lords Will Decide
Starknet, Sui, Cardano, Avalanche, Polkadot. Sounds like a law firm, right? Or perhaps the opening act on their international tour. According to some, these five are winning the developer commit game. We’re glad to see some analysis confirming their jaw-dropping performance. Good for them. Let’s face it, developer commits makes...
5 Cryptos Exploding with Dev Activity: Should You Invest?
Developer activity is one of the most reliable leading indicators of a crypto project’s health and ability to grow in the future. A large number of developer commits indicates that the project is being regularly maintained, improved, or expanded. This constant innovation can drive more widespread use amongst the users,...
Top Cryptocurrencies See Development Activity Surge in July
Developers Are Still Building In July, Starknet, Sui, Cardano, Polkadot and Avalanche all experienced robust growth in developer commits. Their increases were from 20% to 45% m-o-m! This explosion is a clear sign of rapid development and innovation happening within these blockchain ecosystems. The price increases for these five cryptocurrencies...
Pudgy Penguins Are Taking Over, And You're Missing Out! (NFTs)
Let's be honest, you've seen them. Those cute, fat little penguins waddling around your Twitter feed, every so often covering up someone’s profile picture. Maybe you scoffed. Maybe you rolled your eyes. Maybe you thought, "Another NFT fad." You were wrong. Dead wrong.I get it. The NFT space, let me...
Pudgy Penguins: From NFT Fad to Web3 Empire?
Pudgy Penguins began like every other PFP project. Today, it has smartly transformed itself into a multi-layered Web3 brand with its deep and diversified ecosystem. This metamorphosis has given it the power to transcend the limitations of a one-dimensional NFT story. Today, it boasts a much thicker and wider bottom...
Pudgy Penguins' Cross-Chain Play Genius Move or Crypto Hype?
The NFT space is the wild west, right? One minute you're staring at pixelated rocks selling for millions, the next, everyone's moved on to the next shiny object. But then you see projects like Pudgy Penguins. Though they launched as a basic PFP project, they’ve been working on the low-key...
Forexus NFTs Minted on Rarible: 4,000 ETH in 24 Hours!
The NFT space is heating up once again, and this time, it’s thanks to Forexus. His most recent one, the collection minted on Rarible, has shaken up the digital art world. In under a day, it achieved an incredible 4,000 ETH in sales! What exactly fueled this rapid sell-out? It’s...