Base Chain Sees Transaction Volume Surge As Stablecoins Gain Traction

Base chain has experienced a significant boost in transaction volume in recent months, now commanding 40-60% of all activity across the three major Layer 2 (L2) blockchains. Base transaction volume has surged in the past months, with it capturing 40-60% of all volume among the three L2 blockchains pic.twitter.com/xusRTyGLkk — […]

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Why Cardano Proves To Be The Crypto To Watch In 2022 As Transaction Volume Skyrockets

Cardano continues to grow by leaps and bounds ousting its long-time rival, Ethereum to become the number two blockchain by transactional volume. In the last 24 hours, the cryptocurrency has had a higher transaction volume compared to Ethereum.

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Bitcoin Transaction Volume Up 94% In A Week As On-Chain Activity Hits Record low: What This Means For BTC’s Trajectory

The weekly Bitcoin transactional volume is up 94% with the network seeing $9. 1 billion of value transacted per day. Although the transaction volume rose sharply last week, the network is seeing a relatively low transaction count at the rate of 200k transactions daily according to Glassnode analysts.

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Cointelegraph Consulting: Hype for NFTs is real, but what about transaction volume?

The top two NFT marketplaces, OpenSea and Rarible, differ considerably in daily transaction volume.

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What's next for Ethereum, Cardano, Vechain and Holo after their weeklong bullish streak?

The hottest altcoins based on trade volume and transaction data from the past 24 hours are HOLO, VET, ADA, ETH in that order. The price gain in the past 24 hours is 30.99% for Holo, double-digit gainsThe post What's next for Ethereum, Cardano, Vechain and Holo after their weeklong bullish streak? appeared first on AMBCrypto.

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Binance Smart Chain’s Activity and Volume Outperformed Ethereum’s in February – Here’s Why

Binance Smart Chain (BSC) increased its unique active wallets by 266% and generated $745B in transaction volume in February, according to a new review by Dapps’ information and insights platform, DappRadar.

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Bitcoin trading volume in South Korea dismounts county’s entire stock exchange market

On the 14th of March, the daily domestic cryptocurrency transactions from the four major Crypto exchanges in South Korea surprisingly exceeded the combined daily average transaction of KOSPI and KOSDAQ.

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Месячный оборот NFT-маркетплейсов приблизился к $500 млн

С 4 февраля по 4 марта объем торгов невзаимозаменяемыми токенами (NFT) на 12 крупнейших платформах составил рекордные $480 млн. In the last 30 days, the top 12 #NFT Marketplaces have accumulated over $480 million in transaction volume.

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Huobi Futures Makes its Partnership Program More Profitable with Transaction Fee Rebate Boost

Huobi Futures has seen significant demand over the last year with its annual trading volume ranks first globally. Open interest and trading volume have been soaring, and new user registrations are increasing by the day.

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Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit a new all-time high price of $1. 38 this evening. This marks an increase of approximately 2600% over the past year, as tracked by Messari.

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Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report

A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly.

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MDEX skyrockets in DEX environment

Fast-growing Heco-based MDEX recently announced record-breaking daily transaction volume of USD 5.05 billion. Implementing a unique ‘dual-chain dual-mining’ mechanism on the platform, MDEX burst oThe post MDEX skyrockets in DEX environment appeared first on AMBCrypto.

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Cardano Price Analysis - On-chain metrics hitting all-time highs

A quick comparison between coins using a staking mechanism shows Cardano first in market cap, total daily transaction volume, total fees, and GitHub commits on all repos over the past year.

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Binance Smart Chain becomes strong contender to Ethereum

In January BSC generated $15 million in transaction volume and became the third largest… The post Binance Smart Chain becomes strong contender to Ethereum appeared first on Coin Journal.

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Ethereum: New ATH or not, this is what you should know

While at press time Ethereum's price was going parabolic, it would seem that Ethereum's daily transaction volume has been going parabolic too, according to Messari's Crypto charts. In fact, the world'The post Ethereum: New ATH or not, this is what you should know appeared first on AMBCrypto.

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Ethereum daily transaction volume going “parabolic,” ETH price breaks $1400

The daily transaction volume of Ethereum is going “parabolic,” according to researchers. The post Ethereum daily transaction volume going “parabolic,” ETH price breaks $1400 appeared first on CryptoSlate.

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Flipped: Ethereum now processes 28% more transactions than Bitcoin

Messari estimates Ethereum’s daily transaction volume is now 28% greater than Bitcoin's.

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Daily Crypto Transactions On PayPal Hits New Milestone With Bitcoin Price Smashing Past $40k

It’s an era of a bullish trend for cryptos as the price of Bitcoin continues to spike to new all-time highs, the latest price point being $40,000. With PayPal reaching a record high in its daily transaction volume, global interests in cryptocurrencies appear to be skyrocketing tremendously.

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Cardano Price Analysis - Transactions per day and active addresses hit new all-time highs

A quick comparison between coins using a staking mechanism shows ADA first in market cap, total daily transaction volume, and git commits on all repos over the past year. ADA is near the front of the pack in totally daily fees and in the middle regarding transactions per day, and daily active addresses.

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PayPal Daily Crypto Volumes Crossed $125 Million with Latest Bitcoin Rally

Daily crypto transactions on PayPal have crossed $125 million and these volumes are expected to grow further as the service expands. PayPal’s transaction volume has exceeded $125 million, according to trading volume data from ItBit, which handles transactions for the payments giant.

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Institution Investors Are Setting Bitcoin Transaction Volume All-Time Highs

With the continued maturity of the technology and the economic and social problems the world faced due to a pandemic, many institutions have started viewing Bitcoin and other cryptocurrencies as the potential value disruptor that it was created to be.

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CEO CryptoQuant: Институционалы скупают биткоин

Крупные игроки по-прежнему скупают биткоин даже несмотря на преодоление максимума 2017 года. К такому выводу пришел глава аналитического ресурса CryptoQuant Ки Ён Джу у себя на странице в Twitter. We never know the OTC transaction volume under the hood by institutional investors, but there are on-chain indicators to estimate OTC deals.

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Ethereum Transaction Volume & Daily Active Wallets Took a Hit in November: DappRadar

November was a shaky month for Ethereum as it prepared for the launch of ETH 2.0. Amidst the excitement for the next phase, the total value locked in Ethereum DeFi showed erratic movements. But the increase in prices helped TVL reach $13 billion by the end of the month, while adjusted TVL was around $11 […] The post Ethereum Transaction Volume & Daily Active Wallets Took a Hit in November: DappRadar first appeared on BitcoinExchangeGuide.

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Ethereum Transaction Volumes Rise to 2017 Levels, ETH Price Soars above $500

The Ethereum smart contract transaction volume is back to 2017 levels as per a confirming tweet on Nov 20. Accompanying the swell is the expansion of ETH price above $500. For the first time in two years, bulls have broken above the psychological round number, printing new 2020 highs.

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EOS price remains in a bear market despite ongoing optimism on the cryptocurrency market

The cryptocurrency market is advancing this week but the EOS price is still not able to surpass the $3 resistance level as sellers remain in control of the price action. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues.

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Richard Liu Pilots JD Singles Day: What RMB 271.5 Billion Really Means

At midnight on November 12th JD.com, led by CEO Richard Liu, reported Singles Day Grand Promotion transaction volume of RMB 271.5 billion yuan (USD $41.1...

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Bitcoin Just Saw Its 2nd Largest Negative Mining Difficulty Adjustment Ever

Bitcoin’s rapidly rising price has not matched its hash rate – which is a somewhat unusual occurrence. While the network’s transaction volume and utilization rates remain incredibly high, the tera-hashes per second being performed by the network have collapsed over the past few days.

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Stellar (XLM) price is down 30% since August. Should I invest?

The price of Stellar (XLM) has weakened from $0. 119 below $0. 070 in less than three months and the current price stands around $0. 083. The main reason for this is a low transaction volume and the fact that there’s still a level of uncertainty surrounding the project.

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Here’s my Ethereum (ETH) price prediction for the next month

Ethereum (ETH) price is on its way to secure the biggest weekly gains in over 2 months after the world’s second largest digital asset broke above the intraweekly resistance line.   Fundamental analysis: The first blockchain to process $1 trillion this year Ethereum is close to becoming the first blockchain to process $1 trillion this year, recording a twice higher transaction volume than Bitcoin.

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Ethereum Value Transactions Now Outstrip Bitcoin Two-to-One

Massive spikes in stablecoin and decentralized finance (DeFi) transactions have seen Ethereum (ETH) overtake Bitcoin (BTC) in total value transaction volume. The Ethereum network has also suffered multiple network congestions owing to this uptick.

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Does high velocity mean high prices for Bitcoin?

Simply put, velocity is a measure of how quickly money is circulating in the economy. For Bitcoin, the figure is calculated by dividing the on-chain transaction volume (in USD) by the market cap, i.

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Tether (USDT) transaction volume goes up to $600 billion

Tether (USDT) has been the world’s largest stablecoin for years now, but over the last year, it managed to climb quite high. It currently stands as the world’s third-largest crypto based on market cap, and its most recent milestone includes surpassing $600 billion in volume.

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Up or down? EOS price prediction for October

The price of EOS has weakened from $3. 91 below $2. 50 in less than three months and the current price stands around $2. 59. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues.

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Cumulative USDT Transaction Volume Surpasses $600,000,000,000: Glassnode Data

Glassnode agency has reported that cumulative volume of USDT transactions has gone over the $600 bln level, while Skew analytics firm provided other positive data on USDT

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ChainLink Network Hits New Milestone Of Over $30 Billion In Cumulative Transaction Volume

The cumulative transaction on Chainlink has recorded a new all-time high transaction volume totaling $30 billion, following a resurgence of LINK Marines activity in the crypto market. This is according to data from Glassnode, which indicates that the Chainlink network has handled over $30 Billion in transaction volume following a steady rise since September 22. […]

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China’s Digital Currency Pilot Project (DC/EP) Hits Over $160M (1.1B Yuan) In Transaction Volume

First reported by the South China Morning Post, the People’s Bank of China deputy governor, Fan Yi Fei, speaking at a SWIFT-organized virtual conference, Sibos 2020, stated massive progress in the digital currency and electronic payments (DC/EP) pilot projects.

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Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B

All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion.

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LTC Transaction Volume Up 104.7% Due to Litecoin-based RPG Litebringer

Litecoin transaction volume has boosted over 100% over the past 24 hours due to the Litebringer RPG where players are actively using LTC

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TRON price is down 45% since the beginning of September, here’s why

The price of TRON (TRX) has weakened from $0. 049 below $0. 027 in less than three weeks and the current price stands around $0. 0266. The main reason for this is a low transaction volume and there is still a level of uncertainty surrounding the project.

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ETH’s Daily Transaction Volume Thrusts Ethereum 2.0 Into Limelight

Ethereum is on a roll. The blockchain network just attained a new all-time high for daily transactions, while gas fees have been skyrocketing in the interim. Ethereum’s daily transaction flow was fueled by a frenzy in the decentralized finance (DeFi) space that has thrown the market into a tizzy.

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Blockchain Bites: Airdrops, Record Volumes, $1B BTC on Ethereum

Ethereum miners are reaping revenue from increased transaction volume from DeFi, as more than $1 billion worth of BTC migrates over.

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Hedera now processes 1.5M transactions per day, surpassing Ethereum

Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced significant milestones achieved during the first year since Open Access of the network on September 16th, 2019. Applications Driving Meaningful Transaction Volume Hedera saw dozens of applications go live with the network becoming openly accessible to the public a year ago, with new applications being launched regularly […] CryptoNinjas » Hedera now processes 1.5M transactions per day, surpassing Ethereum

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EOS price is down 21% since the beginning of September, here’s why

The price of EOS has weakened from $3. 47 below $2. 50 in less than two weeks and the current price stands around $2. 75. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues.

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Binance Smart Chain holds 14% of ETH transaction volume

Binance may be looking to dominate the DeFi space, just as it has the...

The post Binance Smart Chain holds 14% of ETH transaction volume appeared first on Coin Journal.

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Bitcoin Transaction Data Points to Potential Surge in OTC Trading

Bitcoin transaction volume is rapidly moving off of exchanges, which is a positive sign that indicates the market is beginning to mature as it becomes driven less by speculative trading and more by long-term investing and real-world utilization.

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Объем транзакций Эфириума в прошлом месяце превысил отметку в $24 млрд

Вторая криптовалюта побила июльский рекорд по объему транзакций и преодолела в августе отметку в $24 млрд. Об этом свидетельствуют данные аналитической платформы DappRadar. August 2020: @ethereum — Transaction volume surpassed $24B.

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Объем Ethereum-транзакций в августе превысил $24 млрд

Вторая криптовалюта побила июльский рекорд по объему транзакций и преодолела в августе отметку в $24 млрд. Об этом свидетельствуют данные аналитической платформы DappRadar. August 2020: @ethereum - Transaction volume surpassed $24B.

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Litecoin Transaction Volume Spikes 55.8% as Pornhub Adopts LTC

Glassnode has reported that Litecoin has shown a sharp rise in mean transaction volume over the past twenty-four hours, two days after Pornhub adopted LTC

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DeFi accounted for 92% of Ethereum dApps volume in July

A surge in transaction volume in the DeFi market saw Ethereum applications record an...

The post DeFi accounted for 92% of Ethereum dApps volume in July appeared first on Coin Journal.

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