Cardano Surges 11% to Reclaim Top 10 Crypto Spot
Cardano (ADA) has re-entered the top 10 cryptocurrencies by market cap after an 11% price surge, driven by ecosystem developments and a broader crypto market rebound.
DeFi
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Layer-2 Networks Face Scrutiny as DTX Exchange Rises
Ethereum Layer-2 solutions Arbitrum and Optimism face criticism and price drops, while DTX Exchange’s hybrid Layer-1 blockchain gains traction in its presale phase.
Starknet Surges 11% Amid Altcoin Downturn
Starknet (STRK), an Ethereum layer-2 scaling solution, experiences an 11% rally, decoupling from the broader altcoin market downturn. The token’s price surge is supported by ecosystem growth, increased total value locked (TVL), and recent network upgrades.
USDC Milestone Highlights Stablecoin Growth
Circle’s USDC stablecoin reaches $16 trillion in total volume, with the Solana blockchain emerging as a key factor in its rapid expansion.
21.co Unveils Secure Bitcoin Wrapper on Ethereum
21.co launches 21BTC, a new Bitcoin wrapper on Ethereum, focusing on institutional-grade security and best practices in asset management.
Solana’s First Native Liquid Restaking Token Launches
Jito and Fragmetric have introduced fragSOL, Solana’s first native liquid restaking token, aiming to optimize yield and improve reward distribution in the liquid staking market.
KuCoin Brings USDC to Polkadot: A DeFi Milestone
KuCoin, a US-based crypto exchange, has introduced USDC deposits on the Polkadot network, marking a significant step in Polkadot’s DeFi ecosystem development and USDC’s multi-chain expansion.
Teen DOGE Millionaire Shifts Focus to DTX Exchange
A young Dogecoin millionaire is now investing in DTX Exchange, a rising DeFi platform that has raised over $700,000 in its presale, as DOGE faces market challenges.
Espresso Cash Enables Multi-Chain USDC Transactions
Espresso Cash now allows users to pay or request USDC stablecoin on various blockchain networks, not just Solana, bringing enhanced flexibility to USDC transactions within the DeFi space.
Minswap Labs Aims for Binance Listing
Minswap Labs, the decentralized exchange on Cardano, has applied for listing its native token MIN on Binance. The move aims to increase MIN’s trading volume and market cap, currently standing at $29.4 million.