In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS of 107,540, according to data shared by Mert Mumtaz, co-founder of Solana developer tooling firm Helius. Solana Hits Six-Figure…
Investment products tied to digital assets registered $572 million in inflows last week, and reversed the early-week trend. Outflows reached $1 billion in the initial days, likely due to concerns over slowing growth following poor US payroll figures. The tide turned in the latter half, with $1.57 billion flowing in after the government allowed digital…
About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time and daily unlocks between August 11 and August 18. Heavy Supply Wave Fasttoken (FTN) boasts…
Four publicly traded companies – Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital – are now among the largest institutional holders of Solana (SOL). These entities collectively control more than 3.5 million SOL tokens worth over $591.1 million. Institutional Solana Holdings According to CoinGecko’s recent analysis, the combined stake of the…
Coinbase-incubated Layer 2 network, Base, has outpaced Solana in daily token launches over the past two weeks. Zora and Farcaster have significantly boosted Base token creation, pushing its daily launches above that of Solana’s. Token Launch Frenzy The data shared by CryptoRank revealed a dramatic shift beginning in July, when Base first surpassed Solana in…
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally. Shuffling of Assets Bybit, the world’s second-largest exchange by trading volume, has released its latest Smart Money Report, which focuses on analyzing institutions and influential…
Real-world asset tokenization is already a massive department within the blockchain industry. Real World Asset Tokenization Is Here By giving a real-world asset like a house, car, artwork, collectible item, or season tickets to a sports franchise a blockchain token, cryptocurrency platforms can provide more financial services for users. In fact, various blockchains hosted $24…
DATCOs, a.k.a Digital Asset Treasury Companies, now collectively hold over $100 billion in digital assets. The bulk of these holdings is dominated by publicly listed firms, with Michael Saylor-led Strategy leading the pack, followed by Japan’s Metaplanet and US-based SharpLink Gaming. Together, treasury companies have amassed 791,662 BTC and 1,313,318 ETH, representing roughly 3.98% of…
Ethereum investment products saw $1.59 billion in inflows last week. This was the second-largest weekly total on record as it led all digital assets in fund attraction. The broader digital asset market logged $1.9 billion in total inflows for the week, extending its positive run to 15 straight weeks. Month-to-date flows reached $11.2 billion, which…
A fresh wave of token unlocks is set to hit the crypto market this week, with over $686 million worth of assets entering circulating supplies. The releases are arriving just as Bitcoin (BTC) staged a fragile recovery from a sell-off last week, triggered when Galaxy Digital offloaded huge amounts of the number one cryptocurrency, sending…
