News from the world of cryptocurrency
Polygon enjoyed an impressive week as the alternative token chased a milestone with decentralized finance (DeFi). It’s now the 5th latest platform in DeFi TVL (total value locked) after surpassing Solana. DefiLlama data shows Polygon’s recent TVL at $2.07 billion,…
Avalanche flipped a 180 after declining to 10-month lows in mid-June. The emerged bullish revival propelled the altcoin to reclaim crucial support areas. Meanwhile, the short-term superiority swayed to favor bullishness as the altcoin fixed its position beyond the 20-50-200…
Solana’s 2022 performance remains among the best in the crypto world recently. Unfortunately, the ETH Killer couldn’t replicate the bullish upside. And it stayed a staggering 83.68% beneath its ATH (CryptoQuant data). The crypto noted upticks following the successful Ethereum…
The market-wide slump has impacted each crypto in a way. Moreover, many have seen a nightmare of recovery from the drawdown. Meanwhile, GameFi token holders appear as the most thriving group compared to investors in other digital tokens. AXS, No…
The broad market recovery remained a dominant topic since we ended August’s first week. The theme is more prevalent within the non-fungible token (NFT) market as ‘blue-chip’ collections enjoyed impressive rewards. Nevertheless, CryptoPunks stands as a top collection amidst bear…
Crypto analysts have different opinions on whether June’s bear run bottomed as bullish strength appeared to fade in the digital currency space. With the overall crypto market cap standing at $1.07 trillion during this publication, all digital tokens surged a…
Decentraland’s MANA has seen a winning spree over the last four days, translating to an 11.5% price surge. Volume upticks amidst this revival show market players have faith in the soaring prices. Meanwhile, sustained buying would the Metaverse token escaping…
Solana’s network is now probably used to mishaps that appear to showcase occasionally. This week’s report shows hacking of SOL addresses. Nevertheless, examinations confirmed that it was an external exploit, not the blockchain’s fault. Fortunately, the event didn’t massively impact…
Briefly- Meta’s Instagram rolls out its NFT functionality to 100 more nations. Also, the social media side added Dapper Wallet and Coinbase Wallet support. User should connect their Instagram accounts to a digital wallet to access NFTs. Meta’s Instagram has…
Polygon is among the leading crypto participants in the decentralized finance (DeFi) and investment sector. The project has seen impressive growth within the last few weeks. Nevertheless, this growth isn’t in line with more extensions as the altering network dynamics…