Did you know that NEAR initially started as NEAR.ai and was much different from its current setup?

Here’s the NEAR journey: From the beginning to what it is now.

For my Telegram fam exclusively, I've created a spreadsheet to track high-impact events across various Web3 categories.

The data is sourced from Messari’s Intel Dashboard. For real-time updates, please refer to Messari directly.

Save the link.

Are token unlocks potential sell signals?
What does historical data reveal about trading these events?

• Key insights from Messari's Cliff Unlocks report
• Crucial events to watch
• Tools to track inflation

All in one Substack publication.

Of 370+ live DePIN tokens, 75% focus on virtual services (AI/compute) and the other 25% provide physical services (wireless/energy/sensors).

Just shared a report on ICP, boasting some good growth numbers recently.

Here’s everything you need to know about their recent focus and developments.

Wednesday = Research time

General
➖ Crypto.com: Research Roundup Newsletter [August 2024]
➖ CoinGecko: US, Indonesia & Türkiye Lead With 33% of RWA Crypto Interest
➖ The Defiant: AI Meets Crypto: The Decentralized Revolution in Venture Capital and Finance
➖ Galaxy: Ethereum All Core Developers Execution Call #196 Writeup
➖ Galaxy: Weekly Top Stories - 9/13
➖ Galaxy: From Batch to Streaming: The Real-time Data Revolution

Market
➖ Coinbase: Monthly Outlook: What’s Eating Ethereum?
➖ Coinbase: Weekly: Surveying the Landscape
➖ Binance: RWAs: A Safe Haven for On-Chain Yields?

Blockchains & networks
➖ Galaxy: Protocol Overview: Avalanche 2024
➖ Footprint: August 2024 Chains Report: Insights on Layer 1, Bitcoin Layer 2, and Ethereum Layer 2 Trends

Tokens & currencies
➖ Glassnode: Glassnode Expands ERC-20 Token Support
➖ Galaxy: When Will Bitcoin Have Its Big Moment?

Only 42 projects have outperformed Bitcoin this year.

Among the 15 top-performing projects, 11 are meme coins.

Kudos to Arndxt for this research.

Key usage metrics on Tron are trending up:

– Monthly fees ~$220m.
– Monthly transactions ~225m.
– Monthly active users ~14.1m.

Top apps by now are Tether and SunPump.

ETH balance on exchanges is now close to the levels of 2016.

For comparison, for BTC 15% of all Bitcoins are now on exchange balances.

Based on the data from Glassnode, the Bitcoin market is currently stagnant, with both demand and supply showing signs of inactivity.

This is evidenced by minimal capital inflows and outflows, as indicated by the stagnant Realized Cap.

Base continues to break through: The daily USDC transfer volume reached $10B for the first time.

The end of summer is definitely the best season for Base.

Latest Bitcoin insights from CryptoQuant:

Institutionals have significantly reduced their aggressive shorting of BTC. CME futures net positions have declined by 75% over the past five months.

It seems sentiment is finally shifting towards a bullish direction.

In the first quarters of 2024, following a series of disappointing airdrops, the hype has diminished and competition for allocations has eased.

Here is my compilation of airdrop programs worth joining in Q4 2024, with FDV expectations ↓

Substack link

Since mid-2023, addresses with an ETH balance exceeding 10 ETH have been declining.

The only exception is addresses with over 1,000 ETH, which saw an increase following the recent August dump.

The BTC market has entered stagnation:

– The Realized Cap has peaked and plateaued at $662B, with most coins being transferred at prices close to their purchase value.

– Both profit and loss forces are largely equal, resulting in marginal net flow and oscillation around the zero bound.

– The absolute Realized Profit and Loss has declined significantly since the March ATH, indicating a reduction in overall buy-side pressure within the current price range.

Read the full Glassnode report on market stagnation here.

What do we know about Polkadot?
It’s something very controversial, for sure.

Here’s my overview of Polkadot’s latest performance (it’s not as bad as it might seem).