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Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes

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During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last … Read more

Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

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While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin … Read more

BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily

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Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data … Read more