Author: John Smith
Since its launch in June 2018, TRON has achieved a significant milestone by surpassing 10 billion total transactions. As per a May 1 analysis by CryptoQuant contributor Maartun, the network currently handles approximately 8.4 million transactions every day. Although activity peaked during the 2021 and 2023 bull runs, TRON’s (TRX) daily usage has been increasing steadily. Maartun stressed that this level of on-chain traffic is often overlooked but remains a strong bullish signal. Milestone: TRON just crossed 10.0 B Total transactions!“Daily transaction count is around ~8.4 million. This is among the highest in the space. Activity has picked up during…
Sui is set to integrate sBTC and support the Stacks network, positioning Sui as a leading hub for institutional-grade Bitcoin decentralized finance. In a May 1 blog post, the Sui Foundation announced that it will integrate sBTC and support the Stacks (STX) network, expanding its Bitcoin (BTC) DeFi capabilities. sBTC is a Bitcoin-backed asset developed by Stacks, a Bitcoin layer-2, and allows users to use their BTC in DeFi without relying on centralized custodians. As part of the integration, Sui (SUI) will also operate a validator on the Stacks network. The goal is to unlock DeFi opportunities like lending, borrowing,…
Once one of the cheapest nations to mine Bitcoin in, Kuwait has cracked down on the practice, citing rising electricity demands amid an escalating energy crisis. Crypto miners are once again facing regulatory pressure due to their energy use. On Thursday, May 1, Kuwait initiated a crackdown on crypto mining sites, accusing them of being a major strain on the nation’s electric grid. According to the country’s interior ministry, the country started a widespread operation targeting homes that engaged in crypto mining. Local media reported that the sweep resulted in investigations of over 60 individuals suspected of engaging in crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market dips, investors turn to Lightchain AI, a resilient $0.007 presale token with $19.6m raised and real utility. The cryptocurrency market is currently experiencing a downturn, with significant price drops across major assets. While headlines focus on panic selling, experienced investors are shifting their focus to projects with solid fundamentals and practical use cases. One standout project is Lightchain AI (LCAI), now in its presale phase at $0.007, with an impressive $19.6 million already raised. In contrast to…
U.S. stocks climbed on Thursday, led by the Nasdaq, as upbeat earnings from Microsoft and Meta reassured investors who were wary of the economic impact of President Trump’s escalating trade war with China. The Nasdaq Composite index closed near session lows but was still up 1.52% on the day, bolstered by a 7.6% gain in Microsoft shares and a 4.2% rise in Meta. Both companies posted stronger-than-expected quarterly profits late Wednesday, alleviating concerns that tariffs and global uncertainty could drag down Big Tech’s AI, cloud, and ad revenues. The S&P 500 also gave up a lot of gains but still…
Bitcoin has surged on the back of a textbook short squeeze, but now finds itself at a decisive resistance zone. Will it break out or roll over? Bitcoin’s (BTC) recent price action has caught many off guard, with a powerful bounce emerging from heavily oversold conditions. This rebound appears largely driven by a short squeeze, a phenomenon where overly bearish sentiment leads to a rapid price increase as short positions get liquidated. But now, BTC is trading in a technically sensitive area that could determine whether this bounce has more legs or if a reversal is imminent. Key technical points…
Ethereum wiped out nearly half its value in 2025, with price dropping over 46% year-to-date as ETFs failed to attract capital inflows and the largest altcoin lost revenue. After months of debate on the future of the Ethereum Foundation and Vitalik Buterin’s new proposal for higher scalability, Ethereum eyes a comeback, likely the biggest one of the year. Ethereum could rise from the dead with three catalysts Ethereum (ETH) lost relevance, revenue and demand from new users over the past four months of 2025. Data from Growthepie shows that a key metric that measures a chain’s demand and relevance among…
Bitcoin and most altcoins started the month well, with the total market cap of all coins jumping to over $3 trillion. JasmyCoin (JASMY) price jumped by 6.2%, while Chainlink (LINK), Dogecoin (DOGE), and Pi Network (PI) were up by over 5%. These tokens jumped as Bitcoin (BTC) ended its two-week consolidation and broke above the key resistance level at $97,000 for the first time since February. Historically, altcoins tend to perform well when Bitcoin is rising. Analysts are optimistic that Bitcoin will continue to soar. Ark Invest has estimated that the coin will reach $2.4 million by 2024, while Standard…
PopCat has shown consistent strength in its market structure, forming higher highs and higher lows since bouncing from the $0.13 region. However, its ability to hold key support will determine what comes next. The meme coin PopCat (POPCAT) has recently attracted attention due to its aggressive uptrend, consistently forming bullish market structure since establishing a strong base at $0.13. However, recent price action is testing a critical inflection point. With resistance at $0.41 now acting as a short-term barrier, market participants are watching to see if the coin will form another higher low or begin a deeper corrective phase. Key…
Enso has partnered with Stargate and LayerZero to create a one-click liquidity migration solution for Unichain, setting the stage for up to $3.5b liquidity inflow. As Web3 advances, smooth movement across networks becomes more essential. Until now, transferring liquidity to Unichain has involved a complicated, multi-step process, discouraging many liquidity providers (LPs) from making use of Uniswap v4. Enso is addressing this challenge by joining forces with LayerZero and Stargate to offer a one-click migration solution. This will enable LPs to bridge, migrate, and redeploy their liquidity in a single, seamless transaction. Uniswap v2 and v3 LPs will be invited…