Synthetix’s (SNX) Trading Volume Gains Over 700%: Here’s Why

Synthetix’s (SNX) Trading Volume Gains Over 700%: Here’s Why

Synthetix, a layer2 scaling solution, noted some crucial developments over the month. Often termed a blue-chip DeFi project, Synthetix was among the first crypto projects to join the Ethereum blockchain. Meanwhile, the network displays its true colors, considering user response. Credits To…

Lido Finance (LDO): Assessing Probability of Rising Above Staking Domain

Lido Finance (LDO): Assessing Probability of Rising Above Staking Domain

The leading liquid staking on Ethereum, Lido Finance, continues to entice market players. The previous seven days saw the native token, LDO, gaining over 18% (Coinmarketcap data). At this publication, LDO gained over 11% to change hands near $2.15. However, does the…

Curve (CRV): Investors in Confusion Should Scrutinize This Data

Curve (CRV): Investors in Confusion Should Scrutinize This Data

Curve Finance’s present outlook in decentralized finance (DeFi) might have worried investors. That’s because the DEX (Decentralized Exchange) experienced a massive hit within the past seven days in TVL (total value locked). DeFi analytics network, DeFiLlama, stated that the altcoin saw declines…

Lido Finance (LDO) Still Dominates the Ethereum Staking World: Here’s Why

Lido Finance (LDO) Still Dominates the Ethereum Staking World: Here’s Why

Ethereum’s ultimate migration into a PoS (Proof-of-stake) network remains the most awaited event within the crypto and blockchain community this year. Thus, it is essential to constantly evaluate how sites such as Lido Finance, which allows investors to stake any ETH amount…

ETH 2.0 Deposit Contract Surpasses 13M, Featuring Bullish Ethereum Twist

ETH 2.0 Deposit Contract Surpasses 13M, Featuring Bullish Ethereum Twist

Ethereum’s (ETH) much-awaited Merge sees continued bullish developments as far as ETH 2.0 deposit contract is concerned. Nevertheless, unlike during the previous scenario, the primary ‘OG’ coin (ETH) has created belongingness. Here is the latest report card. Higher Highs ETH 2.0 is…

AAVE: What You Could Be Missing from the Recent Push on Its Charts

AAVE: What You Could Be Missing from the Recent Push on Its Charts

AAVE’s price has eventually conquered its descending resistance following struggles to secure directional support within the past few days. The move emerged after the network unveiled launching a liquidity mining suite for Optimism. The Optimism liquidity announcement might have triggered a change…

Does Polkadot’s (DOT) Decentralization Boast More Incentives Than Profits?

Does Polkadot’s (DOT) Decentralization Boast More Incentives Than Profits?

Decentralization remains a crucial feature of any blockchain. Remember, validators and miners within the decentralized space are critical. Moreover, the capacity of a platform to prevent attacks is of importance. Meanwhile, Polkadot appears to lead in that sector. Polkadot: The Safest Network?…

Chainlink (LINK): Why Network Activity, Price Fluctuated in Opposite Direction

Chainlink (LINK): Why Network Activity, Price Fluctuated in Opposite Direction

Chainlink informed users about multiple integrations of its products between July 25 and July 31 in its recent Adoption Update. The report suggested that Chainlink ended the month with four services – Chainlink Price Feeds, Chainlink VRF, Chainlink Keepers, and Chainlink Data…

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