Uniswap DEX comprises 37% of Ethereum L2 volume

As an analyst with a background in blockchain technology and experience in cryptocurrency market research, I find the growing trend of Uniswap’s volume contribution to layer 2 (L2) blockchains to be an intriguing development in the decentralized finance (DeFi) space. According to recent data, Uniswap accounts for approximately 37% of total trading volume on Ethereum’s … Read more

EigenLayer stakers to receive 15% of token supply

As a researcher with a background in blockchain technology and decentralized finance (DeFi), I’m excited about the recent announcement from EigenLayer regarding their plans for an Ethereum staking protocol and token distribution. The introduction of inter-subjective forking is particularly intriguing, as it aims to address subjective faults that may not be immediately detected on-chain. In … Read more

Polymarket Predicts 1 Year Prison Sentence for Binance’s CZ

As a long-term crypto investor who has closely followed the developments in the industry, I’m keeping a close eye on the upcoming sentencing of Changpeng “CZ” Zhao, the founder and former CEO of Binance. The potential prison sentence looming over him has created quite a stir in the community, with some wagerers on Polymarket anticipating … Read more

USDC overtakes USDT to become transaction volume market leader

As a crypto investor with a few years of experience in the market, I’ve seen my fair share of ups and downs, trends coming and going. But one thing that has remained constant is the dominance of stablecoins, particularly Tether (USDT), in the crypto space. That is until recently. Circle’s stablecoin has overtaken USDT to become … Read more