Robinhood Chain has overtaken Solana in daily decentralized exchange (DEX) volume, processing $1.45 billion compared to Solana's $1.25 billion on September 5. This shift challenges Solana's long-held dominance, as Robinhood also recently crossed $3 billion in daily DEX volume and increased locked assets by 30% in a week. The rise in Robinhood's activity is boosting Ethereum's ecosystem, with record revenues and growing liquidity, potentially triggering a breakout in the ETH/SOL ratio. This trend signals a rotation in on-chain activity favoring Ethereum, which could strengthen its market position heading into Q4.
Bitcoin's price increased by 0.71% to $83,643 while the overall cryptocurrency market capitalization fell by 2.96% to $2.81 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. Bitcoin continues to ...
Solana has captured 65% of the tokenized equities volume, significantly outpacing all other blockchain networks combined by 85%. This highlights Solana's growing dominance in the on-chain equities market, which saw a global volume of about $15.6 bill...
Solana's stablecoin reserves fell from $17.45 billion on September 25 to $16.33 billion by October 11, a 6.4% decline indicating that $1.12 billion left the chain. This reduction reflects actual sell or transfer activity, not price changes, and sugge...
Ethereum hovered around $2,500 on October 11 after a volatile week marked by a broad crypto selloff impacting major assets like Bitcoin and Solana. Analysts highlight the $2,550–$2,600 range as a critical resistance level for Ethereum, with a potenti...
Solana (SOL) saw a 2.15% price increase within one hour, reaching $112 on October 11, marking a 1.35% gain over the past 24 hours. This price movement occurred on Binance's spot SOL/USDT market, where SOL rose from $110 to $112. During the same hour,...
