Tag Archives: TVL

Solana Outpaces Ethereum In DeFi Activity As Monthly DEX Volume Surpasses $100 Billion

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Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem. Solana DeFi Ecosystem Gains Momentum, Outshines Ethereum DeFi Solana, the fourth-largest… Continue reading Solana Outpaces Ethereum In DeFi Activity As Monthly DEX Volume Surpasses $100 Billion→

Solana DeFi Momentum Soars With $5.7 Billion Locked In Q3

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Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked or TVL increased to $5.7 billion in… Continue reading Solana DeFi Momentum Soars With $5.7 Billion Locked In Q3→

Can DEX Boom Save Cardano? ADA Seeks Recovery As Trading Activity Surges

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Cardano (ADA), the smart contract platform, has been facing a rough patch recently. While the broader DeFi sector has seen an uptick in DEX volumes, Cardano’s Total Value Locked (TVL) has plummeted, raising concerns about the health of its ecosystem. DeFi Activity And NFT Market Slump Despite the surge in DEX volumes across the crypto… Continue reading Can DEX Boom Save Cardano? ADA Seeks Recovery As Trading Activity Surges→

Is SUI Sinking? TVL Tanks As Crypto Price Fails To Keep Afloat

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For crypto investors, the last several weeks have been a rollercoaster, with many assets seeing price dips and failing to post meaningful gains. The short-term outlook is bleak, despite some analysts’ continued optimism on the market’s long-term prospects. Halving Hype Fades Even the granddaddy of cryptocurrencies, Bitcoin (BTC), hasn’t been immune to the market downturn.… Continue reading Is SUI Sinking? TVL Tanks As Crypto Price Fails To Keep Afloat→