CryptoRank, a platform for analyzing and researching the #crypto market, recently released a list of the top 10 #blockchains based on monthly revenue, which represents the fees generated for stakeholders.
As per the report, #Ethereum is the clear leader in terms of monthly revenue generated for stakeholders. #Tron, #Filecoin, #Arbitrum, and #Polygon are also generating significant revenue, while #BNB Coin, #Optimism, #Solana, and #Helium are all showing decent gains.
As per the report, #Ethereum is the clear leader in terms of monthly revenue generated for stakeholders. #Tron, #Filecoin, #Arbitrum, and #Polygon are also generating significant revenue, while #BNB Coin, #Optimism, #Solana, and #Helium are all showing decent gains.
In the ever-evolving realm of Layer 2 blockchain solutions, Base has shattered records with its meteoric rise.
Since its official mainnet launch on August 9, 2023, Base impressively amassed 1 million unique addresses in just 11 days.
Remarkably, even before its official launch, it had garnered 532k addresses as users flocked to it through unofficial bridges. This rapid adoption surpasses the timelines of its predecessors, as both Arbitrum and Optimism took 303 and 191 days, respectively, to reach the same milestone.
Meanwhile, zkSync stands as a true speedster, achieving the feat in a mere 71 days since its Era mainnet debut on March 25, 2023, boasting over 1 million addresses by June 3, 2023.
#Layer2 #Blockchain #BASE #zkSync #Optimism #Arbitrum #Crypto #Coinpedia
Since its official mainnet launch on August 9, 2023, Base impressively amassed 1 million unique addresses in just 11 days.
Remarkably, even before its official launch, it had garnered 532k addresses as users flocked to it through unofficial bridges. This rapid adoption surpasses the timelines of its predecessors, as both Arbitrum and Optimism took 303 and 191 days, respectively, to reach the same milestone.
Meanwhile, zkSync stands as a true speedster, achieving the feat in a mere 71 days since its Era mainnet debut on March 25, 2023, boasting over 1 million addresses by June 3, 2023.
#Layer2 #Blockchain #BASE #zkSync #Optimism #Arbitrum #Crypto #Coinpedia
Radiant Capital suspends #Arbitrum operations after a $4.5 million flash loan attack exploiting code vulnerabilities. #CryptoNews
Incident underscores #DeFi platform vulnerabilities, emphasizing the need for robust security protocols and responses. #Hack
https://coinpedia.org/news/radiant-capital-suspends-operations-on-arbitrum-following-4-5-million-exploit/
Incident underscores #DeFi platform vulnerabilities, emphasizing the need for robust security protocols and responses. #Hack
https://coinpedia.org/news/radiant-capital-suspends-operations-on-arbitrum-following-4-5-million-exploit/
Coinpedia Fintech News
Radiant Capital Suffers $4.5M Flash Loan Exploit, Suspends Operations
In a gripping turn of events, Radiant Capital, a leading cross-chain lending protocol, has momentarily frozen its lending and borrowing avenues on the
Top 10 #Blockchains by Developer Activity!
🔹#ETH leads the pack with an impressive 40,910 weekly commits and nearly 3k active developers
🔹#Base and #Arbitrum are gaining traction, with over 6k weekly commits and more than 1k active developers for Base, while Arbitrum has 771.
🔹#ETH leads the pack with an impressive 40,910 weekly commits and nearly 3k active developers
🔹#Base and #Arbitrum are gaining traction, with over 6k weekly commits and more than 1k active developers for Base, while Arbitrum has 771.
Q3 Blockchain TVL Trends
➡️In Q3, Layer-2 chains faced declines in total value locked (TVL), with #Arbitrum One dropping by 16.23% and #Base by 3.08%.
➡️However, #Scroll Network grew by 29.41% to reach $1.3 billion, standing out in a tough market.
#CoinPedia #Crypto #Blockchain #TVL
➡️In Q3, Layer-2 chains faced declines in total value locked (TVL), with #Arbitrum One dropping by 16.23% and #Base by 3.08%.
➡️However, #Scroll Network grew by 29.41% to reach $1.3 billion, standing out in a tough market.
#CoinPedia #Crypto #Blockchain #TVL
#Ethereum’s Layer 2 Leaders by FDV
➡️ #Optimism tops the list with a $7.34 billion valuation, closely followed by #Arbitrum at $5.56 billion.
➡️ #StarkNet and #Mantle trail with a 30.5% valuation gap, highlighting the diversity in blockchain solutions.
#CoinPedia #Crypto #Blockchain #Ethereum
➡️ #Optimism tops the list with a $7.34 billion valuation, closely followed by #Arbitrum at $5.56 billion.
➡️ #StarkNet and #Mantle trail with a 30.5% valuation gap, highlighting the diversity in blockchain solutions.
#CoinPedia #Crypto #Blockchain #Ethereum
Top 14 Chains in Bridged Net Flows
🔸#Base leads with $316.2M in inflows, followed by #Solana at $151.1M and #SUI at $120.6M.
🔸#Ethereum and #Arbitrum saw major outflows of $108.2M and $205.5M despite strong inflows.
#CoinPedia #CryptoNews #Blockchain
🔸#Base leads with $316.2M in inflows, followed by #Solana at $151.1M and #SUI at $120.6M.
🔸#Ethereum and #Arbitrum saw major outflows of $108.2M and $205.5M despite strong inflows.
#CoinPedia #CryptoNews #Blockchain