Cryptocurrency Market

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TVL

ethereum’s-liquid-staking-protocols-attract-400,000-ether-after-shapella-upgrade

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has […]

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade Read More »

post-shapella-hard-fork:-ethereum-deposits-exceed-withdrawals,-wait-time-climbs,-eth-transfer-fees-jump

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump Read More »

value-locked-in-defi-holds-the-line-at-$50b,-after-temporarily-shedding-$8b-in-mid-march

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March Read More »

value-locked-in-defi-rises-above-$50-billion-mark,-ethereum-dominates-tvl-by-blockchain

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher to Over $50 Billion With

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain Read More »

lido’s-staked-ethereum-token-steth-reaches-$10.3b-market-capitalization,-ranks-ninth-by-market-valuation

Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation

With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s

Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation Read More »

lido’s-liquid-staking-protocol-dominates-with-$9.3b-in-locked-ethereum,-boosted-by-tron-founder’s-deposits

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits

During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits Read More »

liquid-staking-platform-lido-sees-largest-daily-stake-inflow,-receives-150,000-eth-reportedly-from-tron-founder

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder Read More »

total-value-locked-in-defi-surpasses-$50-billion-mark-for-first-time-since-ftx-collapse

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse Read More »

ethereum-classic’s-hashrate-and-price-trend-lower-after-ethereum-pow-to-pos-transition

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition Read More »

bridged-bitcoin-on-avalanche-surpasses-value-locked-on-the-lightning-network

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins.

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network Read More »