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π³ New Visa dashboard shows that Solanaπ° has significantly more stablecoin transactions than any other blockchain.
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π° "Bitcoin on-chain dynamics are decidedly positive" after the halving, with strong exchange outflows and record ETF inflows suggesting healthy market absorption, according to Bitfinex
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πΊπΈ While the U.S. consistently accounts for the lionβs share of stablecoin purchases, global demand is increasing, with a diverse representation of nations and regions contributing to over $40 billion in purchases in March 2024 alone β link
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π During Q1 DEX volumes on BNB Smart Chain hit quarterly highs not seen since Q4 2022. On average, there was $1.1 billion traded daily on DEXs β link
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π΅ Base DeFi is continuing its climb upwards. TVL is now over $1.6B, nearly a 100% increase in 1 month β link
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π¦ @Blockchain_Crypto_Bitcoin
π Easy and Safe Login to the World of Cryptocurrencies with the latest News, Updates and Fundamentals about CryptoCurrenices & Bitcoin Technology.
π Partner: @CryptoWorldNews
π AdminContact: @SamInCrypto
π° On the 20th, post-halving, ~$80M was spent on Bitcoin transaction fees. More than triple the previous all-time high β link
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π° Among offshore markets Binanceβs BTC market share currently stands at approximately 55%, down from over 80% a year ago.
Bybit saw the strongest increase in market share this year, growing from 2% to 9.3%. OKXβs market share also jumped to 7.3% from 3% a year ago β link
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π° Solana DeFi TVL increased by 232% QoQ to $4.9 billion, ranking it fourth among networks.
Lending and yield protocol Kamino jumped from Solanaβs 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 β link
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π₯ The new whales' initial investment in Bitcoin is almost twice the old whales' cumulative total
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