SushiSwap’s TVL rose significantly over the last week. Activity on the protocol continued to decline, as prices witnessed a correction. The DeFi sector has experienced a downturn in recent months. With Uniswap’s dominance in the DEX sector, there was limited space for other DEX platforms to expand. Nevertheless, recent data indicated that SushiSwap [SUSHI] has …
Why SushiSwap is seeing growth despite bear market Read More »
Ethereum has gained around 300% against Bitcoin recently. BTC is trending higher than ETH YTD despite gains. Bitcoin [BTC] and Ethereum [ETH] continue to be the leading digital assets. This fact was underscored when traditional financial institutions applied for ETFs for both these assets. Nevertheless, their price trends in the current market exhibit distinct differences, …
Ethereum gains ground on Bitcoin as the bear market persists Read More »
Solana’s NFT ecosystem registered growth last month in terms of sales. SOL was down by over 9% and market indicators suggested a further downtrend. Over the last month, Solana [SOL] has witnessed growth in its DeFi space as the blockchain’s TVL went up. Solana Daily’s tweet also pointed out the top Solana dApps by incoming …
Why Solana’s flourishing DeFi space might not bear fruit for investors Read More »
MEV rewards spiked to over 6,000 during the weekend. Ethereum transactions and TVL remain normal as ETH’s bearish trend continues. Amidst a whirlwind of turbulence in the DeFi space over the weekend, the Ethereum Maximal Extractable Value (MEV) soared to remarkable heights. It hit levels that were not seen in a long time. This surge …
ETH validators witness MEV reward spike but not without bear trouble Read More »