Deep Chao TechFlow news, Binance Research’s latest report shows that the encryption market fell significantly in June, with the total market value falling by 11.4%. DeFi’s total locked-up volume (TVL) fell by 8.7%, and NFT market sales fell by 26.2%.
TON outperformed, with a 17.5% price increase and DeFi TVL increasing to $700 million. BNB fell 18.8%, XRP fell 9.0%, BTC and ETH fell 10.9% and 10.0%, respectively. SOL rebounded on the news of the first Solana ETF.
In DeFi, Bitcoin Layer-2 networks Bsquared and CORE TVL increased by 332% and 300% respectively. In the NFT market, DMarket and CryptoPunks led the way with sales of $18.9 million and $16.1 million respectively.