Solana’s TVL Surges Over 50% in DEX Activity While SOL Price Skyrockets
#Solana’s explosive surge in trading volume and TVL propels #SOL’s price amid ecosystem activity, marking a significant boost.
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Ethereum Dominates 76% of Crypto TVL: Impact on ETH Price
#Ethereum asserts its authority with 76% of crypto #TVL, setting the stage for a potential price surge. 🚀 #ETH
Solana’s Soaring Success: TVL Surge, Uptime Streak, and NFT Community Boom
With a 15.48% surge in a week, #Solana now ranks 9th in TVL, maintains unbeatable uptime, and fosters a booming NFT community 💥
Cardano Surges Past 600M ADA TVL and Sets Sights on Q4 Breakout
#Cardano’s TVL soars past 600M ADA, powered by thriving DeFi projects! 🚀 Analyst predicts a Q4 surge, targeting $1.1 to $1.25.
Arbitrum DEX Transaction Volume Hits $2.62 Billion
According to DeFiLlama, in the past week, the DEX transaction volume on the Arbitrum reached $2.62 billion, a YOY increase of 34%, setting a new weekly high.
ETH L2 Staking Protocol Lido TVL Reaches $5.9 Billion
The ETH L2 staking protocol Lido TVL reached $5.9 billion, surpassing MakerDAO’s $5.89 billion to become the DeFi protocol with the highest TVL. Read more on CNL.
Baby Doge Teams With 1inch for a New Source of Liquidity
The deflationary token Baby Doge and the Ethereum-based DeFi aggregator 1inch have joined forces to better serve the cryptocurrency industry. Read CNL for more.
Countdown to the Start of the Yield+ Incentive Program
The start of the Yield+ Incentive program is a significant accomplishment. The registration opens on august 14th. Rewards for TVL will begin to be offered on the 28th of August. Many have been surprised by the speed with which the Yield+ Incentive Program has been delivered after months of devoted labor, starting with the study and proposal and continuing through the publication of the Blue Paper. EOS Nation, Greymass, UX Network, Defibox, Joe Louis, Pizza DeFi, and EOS Asia were the founding members of this program’s Working Group, which was funded by the EOS Network Foundation (ENF). The major objective
Terra (LUNA) Flips Binance Smart Chain for DeFi TVL
Terra (LUNA) has flipped Binance Smart Chain in terms of TVL for DeFi. This makes Terra as the second-highest blockchain protocol for DeFi TVL after Ethereum. Terra is a blockchain ecosystem that focuses on deploying stablecoins for DeFi. Blockchain ecosystem Terra has now exceeded Binance Smart Chain (BSC) to become the second-largest blockchain for decentralized finance (DeFi) in terms of total value locked (TVL). The news came as LUNA has seen a meteoric rise to become ninth highest cryptocurrency in terms of market capitalization. As per CoinGecko, LUNA price is at $92.58 at the time of writing. Also, this is
