This is How Much Crypto Users Grew in 2024, According to Flipside’s On-Chain Analysis
The crypto industry grew remarkably in 2024 amid rising coin prices, but the same cannot be said for on-chain users across most relevant chains. A 2024 on-chain user report by…
USDT Transfer Volume on TRON Reaches All-Time High of $587.2B
The TRON blockchain has achieved a remarkable feat, processing $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September…
New Slashing Mechanism in ELIP-002 Enhances Accountability Across EigenLayer Ecosystem
Leading Ethereum’s re-staking protocol, EigenLayer has unveiled its second EigenLayer Improvement Proposal (ELIP-002). The latest move is expected to be a significant step towards accountability and operational efficiency in its…
These Network Dynamics Could Push Ether Above $5K, According to CryptoQuant
Analysts at the on-chain intelligence platform CryptoQuant have identified network dynamics that could push ether (ETH) above $5,000 in the coming weeks. Per a weekly report, the Ethereum network is…
Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report
Electric Capital’s 2024 Developer Report has revealed that for the first time since 2016, Solana outpaced Ethereum as the leading blockchain ecosystem for attracting new developers. The breakthrough highlights Solana’s…
Ethereum Overtakes Tron as the Leading Network for USDT Supply
Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT…
Trump’s World Liberty Acquires ETH, LINK, and AAVE in $12M Crypto Shopping Spree
World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative endorsed by President-elect Donald Trump, has made headlines with a significant $12 million purchase. Using USD Coin (USDC), WLFI acquired various…
New ATH or Another Severe Correction?
TL;DR Analysts predict ETH could hit $5,000 or even $10,000, with key resistance at $3,750 signaling a potential breakout. Rising daily active addresses and positive network growth suggest increasing Ethereum…
Ethereum Leads Record Inflows as Digital Asset Products Reach All-Time High
In a historic week for digital assets, investment products saw their largest weekly inflows ever, amounting to $3.85 billion, surpassing the previous record set just a few weeks earlier. This…
BNB Chain Hit by Record Sandwich Attacks in November, Impacting Thousands of Traders
A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain.…