growth – Chains.ph

DeFi winter freezes TVL growth, but the road ahead could be better

DeFi TVL marked a 70% downfall from the peak witnessed during December 2021. The technology began to evolve in accordance with the realities of contemporary market dynamics. There is little doubt in admitting that decentralized finance (DeFi) has proved to be a vanguard of financial revolution in the new decade. The emergence of blockchain technologies, …

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Pomerdoge: A new Memecoin amazes the community with presale growth

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The crypto world is getting more attractive day by day, and with projects like Pomerdoge, it is soaring on cloud nine. This new project has rejuvenated the market bulls that have been dormant since 2022. Its unique business roadmap and high market viability have made it a favorite among investors. Experts have also opined that …

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Why SushiSwap is seeing growth despite bear market

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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 …

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More Bitcoin leaves exchanges as network growth continues

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BTC supply on exchanges was at an all-time low. The number of new addresses has, however, remained above 500,000. Lately, it seems that individuals who own Bitcoin [BTC] are opting to retain their holdings, as there has been a rise in the withdrawal of assets from cryptocurrency exchanges. Nevertheless, the Bitcoin network has witnessed a …

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Institutional crypto products witness second month of growth, driven by…

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On a YTD basis, the AUM recorded an impressive growth of 71%. The U.S. retained its dominant position with 78% market share in digital asset investment products. The month of July extended broader market confidence in digital assets, diminishing late-June’s blip. The U.S. Securities and Exchange Commission (SEC) formally admitted Blackrock’s and other TradFi institutions’ …

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