Author: Gino Matos

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…

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…

South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. The committee will act as an advisory body designed to provide comprehensive oversight and guidance for the crypto industry…

Decentralized applications (dApp) registered a significant 70% surge in daily unique active wallets (UAW) between the second and third quarters, reaching an all-time high of 17.2 million, according to DappRadar’s third-quarter report. Applications tied to artificial intelligence (AI) emerged as the standout performers among the different sectors within the dApp industry last quarter…

Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC). XMR suffered the most delistings, with a 6x yearly increase…