Search Results for: TVL

“Coinbase’s layer 2 network, Base, has outperformed Solana in the decentralized finance sector, surpassing it in total value locked (TVL). With a significant 97.21% increase in TVL over 30 days, Base emerged as a key player thanks to two Base-native projects, Aerodrome Finance and Friend.tech, despite the inherent volatility of the crypto domain.”

“Shibarium, Shiba Inu’s layer-2 blockchain network, has reached one million wallets since its relaunch, despite initial technical issues. Despite this, the total value locked is reportedly a modest $1.06 million, indicating users’ cautious capital commitment to the network.”

Ethereum continues leading the smart contract and decentralized application space with its market capitalization share growing to 20% and a 40.6% share excluding Bitcoin. Dominating in total value locked, validator decentralization, and NFT sales, it remains unchallenged despite increasing gas fees.

Digital asset investment management can benefit from traditional finance techniques, such as portfolio construction and regulatory frameworks. Market cap-to-total value locked (MC-TVL) can provide a fundamental analysis of blockchain asset utility, potentially improving overall market exposure and aligning with crypto fundamentals. Investors should explore using fundamentals-based portfolio constructions to assist digital asset management while maintaining objectivity and eyeing future growth.

“Tezos (XTZ) experienced a surge of over 11% in a single day, linked more to technical factors rather than fundamental ones. However, the Tezos blockchain’s stagnant TVL (Trade Value Locked) and declining monthly transactions cloud its future prospects. Crypto presales, despite inherent risks, could offer high-risk-high-reward strategies.”

“Ethereum’s native token, Ether, is struggling to surpass the $2000 mark. It faces technical levels resistance linked to the U.S. dollar strength and Bitcoin’s market momentum. Ethereum ecosystem’s total-value-locked (TVL) decrease, and falling trends in active wallets and Non-Fungible Tokens (NFTs) volumes add to the challenge.”

AVAX, the engine behind the Avalanche blockchain protocol, has experienced significant gains, augmented by the launch of Stars Arena, a SocialFi platform on its blockchain. Rising on-chain activities and increased traction in Star Arena could further solidify AVAX’s price stance, potentially leading to significant future growth.

The upswing in Solana’s (SOL) price can be attributed to three factors: the recovery following a major court ruling, increased usage of decentralized applications (Dapps) on the Solana network, and a network upgrade. However, competition from Ethereum’s layer-2 solutions and external factors remain challenges.

“Crypto hardware wallet manufacturer, Ledger, announced a 12% workforce retrenchment due to macroeconomic challenges affecting revenue. Despite a thriving crypto market, a global inflation spike, interest rate increases, and catastrophic events like the Terra ecosystem collapse have caused a significant downturn in the crypto industry, resulting in numerous layoffs.”

“Cardano’s value marked a modest 1% surge within the last 24 hours, its week-by-week growth reveals an encouraging 6% uptick. Stellar fundamentals of Cardano hint towards potential gains and an overdue recovery rally. The total value locked (TVL) in Cardano escalated by 220% since this year, indicating increased usage. Ada might hit $0.30 in the fortnight and $0.40 by year’s end.”

“In light of recent reports, the crypto market experienced an influx of $21 million, ending a six-week streak of outflows. This surprising momentum shift was due to various factors including the ongoing United States government funding issue and strategic moves by institutions. Despite the boom, Bitcoin faced $1.5 million in outflows, whereas Solana recorded continuous gains with $5 million inflows. Trading volumes faced a downturn and blockchain equities drained due to falling traditional tech stocks.”

“Decentralized social media platform, Friend.tech has surpassed 10,000 ETH in revenue and 30,000 ETH total value locked (TVL). Despite early criticisms questioning its longevity and revenue model, the platform’s continuous growth asserts its increasing appeal. However, digital asset security remains a concern, with Q3 2023 losses nearing $700 million due to securities incidents.”

“Cryptocurrency exchange Coinbase reportedly holds 1 million Bitcoin, about 5% of total in existence. However, fears of centralized exchanges halting withdrawals have caused controversy. The company’s ongoing accumulation amid regulatory scrutiny also raises concern. Conversely, its holdings and financial performance highlight its industry dominance.”

Despite witnessing a 36% year-to-date price increase in 2023, Ethereum’s price lags significantly behind Bitcoin’s, sparking concern among investors. Even protocol upgrades and the shift to Proof-of-Stake consensus couldn’t sustain Ethereum’s price rise. However, the proposed Ether ETF by ARK Invest and 21Shares, along with Canto’s migration to Ethereum’s layer-2, indicate potential catalysts for recovery.

“Solana maintains a robust medium-term momentum despite slight fluctuations. Key indicators suggest a rallying point, with a steadily elevating support level inviting investment opportunities. Its adoption and expansion of projects, along with successful resilience against potential scaling issues, predict a positive future trajectory for this altcoin.”

“The Ethereum market exhibits dynamism, with ETH showing resilience after a drop and subsequent 6% rebound. Despite macroeconomic factors possibly boosting cryptocurrencies, concerns over high network fees, regulatory uncertainties and potential U.S. indictment of popular crypto exchange Binance, persist.”

“Cardano (ADA), the layer-1 blockchain protocol, has been cautiously ascending, with a 6% uptick since Monday but still undergoing a 30% drop since July. The uptrend moved ADA’s market cap ahead of Dogecoin’s, making it the seventh-largest crypto by market cap. However, ADA’s potential U.S adoption might be hindered by the U.S SEC’s attempts to label ADA an unregistered security.”

“Market analysts report a significant increase in daily active Ethereum addresses, marking the second-highest in its history and indicating potential market volatility. Despite Ethereum’s price decline, escalated interest among institutional investors and its stronghold in the DeFi ecosystem are bolstering its outlook.”

“Real World Assets (RWAs) are tangible properties making their foray onto the blockchain. Most prominent assets represented are real estate, private credit, gold and treasuries. RWAs can be purchased via a marketplace, with their value fluctuations mirroring mainstream market assets. Challenges include market movements, regulations, and fragmentation, but the potential benefits are substantial.”

Arbitrum, a leading layer-2 Ethereum solution, faces a downturn marked by a 14.5% token price plunge, decreased decentralized application activity, and a dip in total value locked (TVL) to $1.6 billion. This suggests potential investor uncertainty amidst growing competition and declining network usage, casting doubt on ARB’s future unless it successfully boosts transaction volumes and expands its user base.