It's Day 5 already? This January is fast. | Slim Daddy on Binance Square

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It's Day 5 already? This January is fast.

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Tron Network, a prominent Layer 1 blockchain, has showcased significant growth in 2024, solidifying its position as a leader in blockchain activity. According to @Intotheblock, $Tron demonstrated remarkable dominance in terms of active addresses, with over 2.5 million active addresses recorded in mid-December. This substantial user engagement is further evidenced by the impressive 52.7 million transactions processed within the same timeframe. Moreover, the TON blockchain has witnessed a recent surge in activity, exceeding 20 million transactions. This consistent growth trajectory suggests a rising interest in the platform and a strong potential for increased market share.

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Thank You 2024 🥳

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Ethereum's dominance in DEX liquidity is evident, with a notable rise to $8.58B by December 2nd, 2024. This growth from $7.93B in November highlights Ethereum's stronghold in DeFi, reinforcing its pivotal role in the crypto ecosystem. New entrants like Bob and Manta are carving niches in the DEX space. Bob's liquidity rose to $130M, while Manta's reached $19M, showcasing the dynamic and competitive nature of the crypto market.

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Base, a Layer 2 scaling solution built on Ethereum, has rapidly emerged as the leading L2 network in terms of Total Value Locked (TVL), surpassing competitors like Arbitrum $ARB and Optimism $OP. With a TVL exceeding $4 billion, Base has achieved this significant milestone without the need for an airdrop. This rapid growth, from $2.43 billion in November to over $4 billion by mid-December, demonstrates Base's competitive advantage, likely driven by its strong connection to the vast user base of its parent company, Coinbase.

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