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đ Evolution of the
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blockchain through the development of new L1 and L2 protocols
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đą $BTC Leverage usage across crypto exchanges is soaring to new yearly highs. This signals a surge in high-risk bets as more investors dive into leveraged trades.
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đđ¶ $DOGE Large Dogecoin holders accumulated 2.07 Billion DOGE last week, the highest since January of this year.
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đ Historically, $BTC bull markets peak 518-546 days after halving. This cycle is accelerating by ~100 days, hinting at a potential peak by mid-May to mid-June 2025.
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đ $BTC 's total transfer volume in dollars is still lower than past bull market highs. Economic activity on the blockchain remains quiet compared to previous peaks.
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đđ $ETH Post-Dencun, Ethereum Mainnet fees hit an all-time low as L2 transactions surged. EIP-4844 slashed L2 costs by 10x, driving record activity. But with fewer fees burned, ETH has turned inflationary, reversing its recent deflationary trend.
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Bitcoin(BTC) Drops Below 63,000 USDT with a Narrowed 0.33% Increase in 24 Hours
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