Blockchain Crypto Bitcoin

💰 Solana DeFi TVL increased by 232% QoQ to $4.9 billion, ranking it fourth among networks. Lending and yield protocol Kamino jumped from Solana’s fourth largest to the top DeFi protocol by TVL. Its lending protocol ended the quarter with almost $1.3B in TVL, an 811% QoQ increase — link @Blockchain_Crypto_Bitcoin

🥇 The new whales' initial investment in Bitcoin is almost twice the old whales' cumulative total @Blockchain_Crypto_Bitcoin

❄️ Transactions on the TON network have been up over 100% since mid-March, and TON is closing in on the BNB chain in terms of transactions per day — link @Blockchain_Crypto_Bitcoin

MORGAN STANLEY: 💰 Bitcoin miners are the quickest way to establish new data centers because they already have access to significant amounts of power ⚡️ Their models indicate that Bitcoin miners trade at a substantial discount to the intrinsic value of the power they secure @Blockchain_Crypto_Bitcoin

💰 Bitcoin Profit ratio of current supply is 88.8% The last time this level was reached was on February 7, 2024, when the price was $44,000. @Blockchain_Crypto_Bitcoin

🇦🇷 Argentines are buying 💰 Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars, per Bloomberg @Blockchain_Crypto_Bitcoin

💰 According to glassnode, affected by the Runes minting activity, on April 20, Bitcoin miner revenue reached US$106.7 million, of which 75.444% came from network transaction fees, both reaching record highs. — link @Blockchain_Crypto_Bitcoin

💰 Bitcoin ETFs now hold 851k BTC, about 4.3% of all circulating Bitcoin. After starting with weekly inflows from $1.2 billion to $2.5 billion, there's been a slowdown since late March. @Blockchain_Crypto_Bitcoin

📊 The supply of stablecoins rose more than 14% in the first quarter as market participants continued to increase their usage — link @Blockchain_Crypto_Bitcoin

🖼 Magic Eden is now the #1 NFT marketplace, overtaking Tensor/Blur/OpenSea — link @Blockchain_Crypto_Bitcoin