Crypto World Analysis
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πŸ”ΉLatest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space.


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πŸ“Š Earlier this year, Magic Eden regained its position over Tensor as the top Solana NFT marketplace in terms of both volume and traders β€” link

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πŸ’° Bitcoin’s post-halving price fluctuations mirror cautious market sentiment in options

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πŸš€ Solana Surpasses Ethereum in Terms of DEX Trading Volumes

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πŸ“Š Global DEX volumes across Layer 1 blockchains increased 125% over the past year (7d MA).

Ethereum leads the pack with a 45% market share, followed by Solana (34%) and BNB Chain (13%). Solana has had the largest gain in market share over the past year (17x) β€” link

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πŸ“Š UXLink is responsible for 50% of Arbitrum’s active addresses but just 5% of transaction fees β€” link

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πŸͺ™ This year, Uniswap’s trading volume on Ethereum has managed to keep up with Coinbase, the largest US-based exchange, maintaining an average market share of 24%.

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πŸ“Š CME Group futures now represent over 83% of the calendar futures market for Bitcoin and 65% for Ethereum, highlighting CME's growing influence in institutional trading β€” link

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πŸ“Š Scroll total value locked reached new all-time highs of $1B β€” link

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πŸ’° Holding #Bitcoin has been profitable for over 98% of its existence πŸ‘€

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πŸ‡ΊπŸ‡Έ US spot Bitcoin ETF balances have hit a new all-time high of more than 900,636 BTC πŸš€

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πŸͺ™ Spot ETH ETFs are slated to launch on July 23, just over two months after the SEC approved a rule change for exchanges to list these funds.

Grayscale will convert its ETHE trust into a spot ETF as well as launching a mini trust which will be seeded with $1bn from the former fund.

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πŸ”΅ Base onchain activity has been steadily climbing, with both active addresses and daily transactions continuing to rise as the ecosystem blooms β€” link

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πŸ“Š Weekly USDC transfers on Base have grown to ~$20B β€” link

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❄️ Top categories in TON's ecosystem include Analytics, Gaming, and Investment β€” link

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πŸ’° Last week, BlackRock's iShares Bitcoin Trust (IBIT) achieved a new all-time high of 67% market share in spot Bitcoin ETF trading volume, surpassing its previous record of 61% β€” link

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πŸ”΅ ETH Trading volume hits monthly high immediately after launch of ETH ETF

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πŸ“Š The Maker protocol already boasts over $2bn in RWA vaults on its balance sheet, accounting for nearly half of its assets β€” link

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πŸ”΅ The new Ethereum ETFs after the first week saw $1.18bn of inflows, although the massive outflows from incumbent Grayscale have meant a net outflow of $338m β€” link

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πŸ’° Over 35k $BTC added to exchange balances in 2 weeks

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πŸ’° Bitcoin dominance hits highest level since April 2021

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