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Author: Gino Matos

Dapps’ revenue hits $164M in October amid growing adoption

According to a report by Binance Research, decentralized applications (dApps) represented 12 out of 15 protocols with the most significant revenues in October, amounting to $164 million. This suggests growing blockchain adoption, fueled by trading bots and decentralized exchanges. The report highlighted that dApp interactions have steadily risen in recent months…

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Crypto venture funding hits $860 million in October, highest in over 6 months

Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since April’s $954 million earlier in the year, according to DefiLlama data. Investments in the blockchain gaming sector surpassed $110 million, growing for the third consecutive month by showing a significant 75%

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Solana registers new all-time high in daily transaction-related fees

Transaction-related fees on Solana (SOL) surpassed $11 million on Oct. 24, marking a new all-time high, according to Blockworks Research data. The metric is called “real economic value” (REV), which includes transaction fees and MEV tips for validators. Solana has been dominating daily trading volumes in the decentralized finance (DeFi) ecosystem for 13 days straight…

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Institutional demand and rising ETP flows signal Bitcoin breakout – VanEck

Bitcoin (BTC) is set for a potential breakout as increasing institutional investment, growing miner holdings, and rising exchange-traded product (ETP) flows signal mounting demand, according to VanEck’s latest Bitcoin ChainCheck report. The report also highlighted that the growing influence of institutional adoption in the Bitcoin market has strengthened the correlation between ETP flows and BTC price…

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