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Bitget and Nansen Study Highlights Community Impact on Token Price Predictions

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Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain and off-chain metrics for accurate price forecasting. Bitget and Nansen Highlight Community’s Role in Token Price Forecasting Researchers from the crypto exchange Bitget, and Nansen, … Read more

Decentralized Finance TVL Recovers to $100B After July Lows

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Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi … Read more

Real World Assets In DeFi Reach $3.89 Billion TVL, Marking Major Milestone

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As of July 2024, the Total Value Locked (TVL) for Real World Assets (RWA) in DeFi protocols has surged to an impressive $3.89 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, effectively bridging the gap between traditional finance and decentralized finance. The market capitalization of all Real World Asset … Read more

Ethena Protocol Surges In Stablecoin Supply And User Adoption

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The Ethena protocol has experienced impressive growth in 2024, particularly in the supply of its stablecoin, USDe. Beginning the year with a supply of 1.3 billion, USDe’s supply has surged to 3.5 billion by July. This remarkable increase highlights the protocol’s promise of high returns to its users. The rise in active addresses for USDe, … Read more