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Author: John Smith
Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to lag behind. Summary Solana’s DeFi TVL is at $11.725 billion, nearing its all-time high in January Despite that, SOL price is lagging behind, far from the January ATH DeFi metrics suggest that SOL may continue to lag behind its DeFi ecosystem Solana (SOL) is attracting near-record amounts of capital, but its price continues to lag behind. On Thursday, August 28, the total DeFi value locked on Solana reached $11.725 billion, near the record figures in January. At the same time, the total stablecoin market cap…
While Robinhood’s listing provided a predictable, though modest, price jolt, the sobering reality for TON bulls is a chart still painted deep red. The token remains a staggering 60% down from its historic peak, a chasm that seems too wide for a single listing to bridge. Summary Robinhood adds TON spot trading on August 28, briefly lifting its price from $3.12 to $3.25. TON remains 61.6% below its all-time high of $8.24 set in June 2024. The listing puts Robinhood ahead of Coinbase, which has not yet launched TON trading. On August 28, Robinhood confirmed the addition of The Open…
A lot was said about how the U.S. economy can benefit from USD-pegged stablecoins, especially now, when the GENIUS Act provides a clearer framework for the issuers. But can other countries benefit from issuing stablecoins pegged to their respective national currencies? Yes, they can, and several countries are already joining the race. Summary USD-pegged stablecoins strengthen the U.S. dollar; hence, other countries are trying to galvanize their local currencies through issuing stablecoins. If the dominance of the USD-pegged stablecoins is downplayed, it may siphon away deposits from local banks. Japan and China are working on their national stablecoins, while the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BullZilla, Shiba Inu, and Pudgy Penguins emerge as leading contenders in today’s memecoin market. Summary BullZilla presale launches at $0.00000575 with rising prices, burns, and utilities, aiming for explosive ROI. With staking up to 90% APY and utilities like ZillaShield, BullZilla positions itself as 2025’s standout memecoin presale. Its progressive pricing and deflationary burns make it one of the best crypto presales to buy today. The cryptocurrency market never runs short of stories that blur the line between speculation…
DeFi Development Corp. has deployed another $77 million from its equity raise into Solana, bringing its total holdings to a staggering 1.83 million tokens. This move intensifies its high-profile bet on crypto as a core corporate asset. Summary DeFi Dev Corp boosted its Solana holdings by 29% with a $77 million purchase, lifting reserves to 1.83M SOL worth about $317M. The newly acquired tokens will be staked across validators, including its own, to generate native yield. The company reports a Solana-per-share metric of 0.0864, or $17.52, and expects growth to hold despite potential dilution. According to a press release dated…
Pyth Network price jumped more than 60% as the cryptocurrency reacted to news that the U.S. Department of Commerce has selected the oracle platform as a strategic partner in the verification and distribution of on-chain economic data. Summary Pyth Network price soared 60% to hit highs of $0.20 as volume spiked 2,700%. Gains for PYTH came after the U.S. Department of Commerce picked Pyth Network to verify and distribute economic data published onchain. The U.S. Department of Commerce said on Thursday, August 28, that it would be publishing the country’s economic data on the blockchain, and Pyth Network (PYTH) and Chainlink (LINK)…
The Department of Commerce has broadcast its Q2 GDP data across a diverse array of nine L1 and L2 networks. The move transforms a report into a permanent, globally-verifiable cryptographic fact, auditable by anyone on Earth. Summary U.S. Department of Commerce publishes Q2 2025 GDP data on nine blockchains, including Bitcoin, Ethereum, and Solana. The initiative makes GDP figures globally verifiable and cryptographically tamper-proof. Major exchanges Coinbase, Gemini, and Kraken, along with oracles Pyth and Chainlink, facilitated the data publishing. In an announcement on August 28, the U.S. Department of Commerce said it had cryptographically signed and published its official…
Sonic price is consolidating within a bullish broadening wedge at the value area low. Sonic is positioned for potential upside if volume inflows confirm the current setup. Summary Bullish Wedge Support: SONIC is holding at the lows of a bullish broadening wedge in confluence with the value area low. Critical Resistance: Reclaiming $0.40 would confirm bullish continuation. Upside Target: A breakout backed by volume inflows could drive SONIC toward $0.50. Sonic’s chart has been forming a bullish broadening wedge pattern over the past few weeks, with price consolidating at its lower boundary. This region coincides with the value area low,…
For an entire week, Ethereum spot ETFs have attracted more money than Bitcoin ETFs, marking a clear shift in how investors are allocating funds. Summary Ethereum ETFs attracted $1.83 billion from August 21 to 27, significantly surpassing Bitcoin ETFs, which brought in $171 million during the same period. Over the past month, Ethereum ETFs have seen approximately $3.7 billion in net inflows, while Bitcoin ETFs recorded net outflows of about $803.4 million. The recent ETF inflows align with Ethereum’s price gains, as ETH climbed to nearly $4,950 before settling around $4,600, up 19% for the month. Ethereum (ETH) ETFs saw…
This month has been an exciting ride for Ethereum investors, as the crypto surged to new heights not once, but twice. Riding waves of optimism around spot ETFs and a strong market push, Ethereum (ETH) first climbed to $4,845. Then, just a few days later on August 24, it broke records again, reaching a fresh all-time high of $4,953. Summary Ethereum hit two new highs this month, peaking at $4,953 on August 24, before pulling back to around $4,587 on August 28 — approximately 7% below its ATH. Key support at $3,900 is holding firm, acting as a critical level…