Stacy in Dataland (´⊙~⊙`)
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Stacy Muur’s alpha channel.
𝕏: https://x.com/stacy_muur
Blog: https://stacymuur.substack.com
Chat: @muur_talks
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Over the past month, Optimism users have shown the most interest in on-chain tasks, as indicated by the surge in activity on Layer3.
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Top networks and protocols that generated the highest fees in the last 30 days.
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Despite the bearish sentiment surrounding the Ethereum ecosystem, it has led in net flows over the past 30 days.
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$BERA is live, trading at $10 on OKX 🐻
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Hyperliquid recorded approximately $12.8 million in protocol revenues over the past week, surpassing Ethereum’s $11.5 million, according to DeFiLlama.
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ARK Invest highlighted that stablecoin transaction volume reached $15.6T in 2024 – 119% of Visa’s total.

Notably, USDT on Tron Network processed 750M transfers, totaling $5.46T.
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I’ll just leave it here 🫠
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Forked protocols now hold just 8% of TVL, down from 24% in 2021.

This week, Forked TVL hit its lowest level since 2020.
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Despite the market downturn, Chainlink sees strong accumulation.

Daily LINK transactions >$100K hit a post-2023 high (1,659), while active wallets (9,531) reached a four-week peak.
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Messari calls Q4 2024 one of Solana’s strongest periods:

– Chain GDP has grown +213% to $840M
– TVL reached $8.6B
– DEX volume increased on +150% to $3.3B daily
– Liquid-staked SOL: +33% to 11.2%

Read the full Messari report here.
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The Solana network has been running without disruptions for a full year, with the last outage recorded on February 6, 2024.

This marks the longest uninterrupted uptime in the blockchain’s history.
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Ethereum’s net outflow from derivative exchanges dropped below 300,000 ETH for the first time since August 2023.

This could indicate increasing demand for the asset outside centralized platforms.
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The total value of RWAs exceeded $17 billion, marking a 9.56% growth in the past 30 days.
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As of February 2025, Ethena surpassed $250 million in protocol revenue, with $165 million generated in the past three months alone.

If this pace continues, its annualized revenue could reach new highs.
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The NFT market is experiencing a downturn, with weekly transactions plummeting by a third to $119.5M – one of the sharpest declines in recent months.
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Bitcoin Network Activity Index dropped 15% since November, now standing at 3,760 – its lowest since February 2024.

The last time it fell this low was July 2021, following China’s mining ban.
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Three weeks since $TRUMP launched: Solana’s stablecoin supply doubled.

While total supply has surged, daily active addresses for Solana stables have reverted to pre-$TRUMP levels, hovering around 230K per day.
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Only 18% of RAY remains in CEX wallets, with just a third of that in hot wallets.

The rising staking rate is further reducing liquid supply in the market.
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Meteora recorded a sharp increase in revenue within 24 hours, securing the second spot after Tether.
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