Category: Volume
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Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
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Solana stands out as one of the most active networks, looking at engagement levels over the past few months. Despite concerns about FTX and whether asset allocation will lead to a dump, bulls are optimistic about what lies ahead. Stockholders expect SOL prices to rise in the coming days for…
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Bitcoin Google Search Volume Falls To New 2024 Low — What’s Happening?
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After a strong start to 2024, Bitcoin’s price performance has been mostly disappointing throughout the year, failing to capitalize on the strong momentum of exchange-traded funds (ETFs). Despite its choppy nature, Bitcoin price action has been one of the most talked about topics in the cryptocurrency space this year. However,…
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Solana price nears death cross as weekly DEX volume rises 46%
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Solana continued its downward trend, falling for four straight days as a sea of red swept through the cryptocurrency industry. Solana (SOL), the fifth-largest cryptocurrency, fell to $135 on Thursday, October 3, its lowest level in more than three weeks. It also moved into a local correction, falling 16% from…
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Solana price nears death cross as weekly DEX volume rises 46%
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Solana continued its downward trend, falling for four straight days as a sea of red swept through the cryptocurrency industry. Solana (SOL), the fifth-largest cryptocurrency, fell to $135 on Thursday, October 3, its lowest level in more than three weeks. It also moved into a local correction, falling 16% from…
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Tron Processes Nearly $100 Billion In Trading Volume Last Week, TRX Ready For New All-Time High?
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TRX, the native currency of the TRON network, is stable at press time and trending at all-time highs. After the blowout in Q3 204, the uptrend remains in place, and buyers are confident that there will be more gains in the coming days. Tron settles approximately $100 billion USD in…
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DEX volume falls in August
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The volume of cryptocurrencies traded on decentralized exchanges declined in August. according to Davey’s CallDEXs handled over $181 billion worth of cryptocurrencies in August, down from $198 billion in July. Monthly activity on DEX platforms peaked in March when they handled over $260 billion as most cryptocurrencies surged. Ethereum (ETH)…
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Polygon price retreats as NFT sales, DEX volume rises
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Polygon has fallen for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX Volume and NFT Sales Rise Polygon (MATIC) fell to a low of $0.53, after hitting a high of $0.582 last week. It remains 60% above its…
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BNB Smart Chain DEX volume rises, briefly flips Solana
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Binance’s BNB Smart Chain has seen a huge spike in decentralized exchange activity in the past few days, temporarily causing Solana to volatility. Data by Davey’s Call The data shows that its weekly trading volume rose by about 40% to $5.4 billion, making it the third-largest player in the industry.…
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LTC Volume Doubled Over Past Year
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On-chain data shows that Litecoin transaction volume has more than doubled in the past year, a potentially positive sign for the network. Litecoin transaction volume has shown steady growth recently. In new mail Speaking on X, Jay Mella, director of the Litecoin Foundation, discussed the growth in on-chain activity that…
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Solana forms bullish patterns as DEX volume, open interest slip
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Solana price remains stuck in a deep bear market with low volume on decentralized exchanges and open futures. Solana (SOL) shares have been on a two-week winning streak, rising more than 33% from their August lows. However, they remain in a bear market after falling more than 30% from their…
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Solana forms bullish patterns as DEX volume, open interest slip
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Solana price remains stuck in a deep bear market with low volume on decentralized exchanges and open futures. Solana (SOL) shares have been on a two-week winning streak, rising more than 33% from their August lows. However, they remain in a bear market after falling more than 30% from their…
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Ethereum ETFs Debut With Blockbuster $1 Billion Trading Volume
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Source: bitcoin.com Highly anticipated launch The number of Ethereum-based exchange-traded funds (ETFs) in the United States has set a new benchmark for the cryptocurrency ecosystem. In their market debut, these Ethereum-based ETFs collectively raised over $1 billion in trading volume, highlighting the massive demand from investors to gain exposure to…
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Boosted By Trump Election Bets, Polymarket Hits Record $116M Trading Volume In July
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Copyright: thedefiant In the rapidly evolving world of decentralized finance (DeFi), one platform has emerged as a pioneer, capturing the attention of traders, investors, and political enthusiasts alike – PolymarketAs the US presidential election approaches, the innovative blockchain-based prediction market has seen a significant increase in trading activity, cementing its…
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Boosted By Trump Election Bets, Polymarket Hits Record $116M Trading Volume In July
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Copyright: thedefiant In the rapidly evolving world of decentralized finance (DeFi), one platform has emerged as a pioneer, capturing the attention of traders, investors, and political enthusiasts alike – PolymarketAs the US presidential election approaches, the innovative blockchain-based prediction market has seen a significant increase in trading activity, cementing its…
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Crypto CEX volume declined 17% in June: report
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The decline in Bitcoin prices and the overall market cap of cryptocurrencies has coincided with a decline in trading activity on centralized exchanges like Binance. Data from the WuBlockchain team revealed that spot cryptocurrency trading volumes on centralized exchanges (CEXs) fell 17% month-on-month (MoM) in June. Bitcoin (BTC) fell by…
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Crypto CEX volume declined 17% in June: report
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The decline in Bitcoin prices and the overall market cap of cryptocurrencies has coincided with a decline in trading activity on centralized exchanges like Binance. Data from the WuBlockchain team revealed that spot cryptocurrency trading volumes on centralized exchanges (CEXs) fell 17% month-on-month (MoM) in June. Bitcoin (BTC) fell by…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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Volume Up 90% — Good For ETH Price?
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Ethereum (ETH) has become a beacon in the sea of blockchains, seeing a staggering 92% increase in decentralized application volumes over the past week. However, this news comes with a layer of complexity, revealing a landscape of potential opportunities and setbacks for the leading blockchain. Related reading Cheap gas fuels…