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Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

[Oct 6 3:06 PM] According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation…

Bitcoin reclaims blockchain dominance post-BTC halving

[Jun 21 4:19 AM] Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume.

Bitcoin Runes hype fades, transactions plummet 84%

[May 23 1:55 AM] Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?

Why On-Chain Transaction Is the Key Blockchain Indicator

[Nov 22, 2023 10:45 AM] The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.

Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters

[Sep 4, 2023 11:30 AM] Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline…

NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn

[Sep 2, 2023 9:30 AM] Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting…

Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume

[Jul 28, 2023 1:30 PM] With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD…

Optimism transaction volumes surpass Abitrum’s for the first time in six months

[Jul 27, 2023 12:30 PM] Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest," but has regained it after Worldcoin launched on July 25.

Aave Launches GHO Stablecoin on Ethereum Network

[Jul 17, 2023 1:30 PM] Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3)…

Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume

[May 18, 2023 3:00 PM] Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week…