Tron developers also said they have “promised full support” for Web3 development in Hong Kong.

Lack of demand for tokens was identified as the primary reason for failure.

Dogecoin (DOGE) recorded a significant surge in its network activity over the last two days, processing more than 4 million transactions between May 27 and 28, according to BitInfoCharts.
#Dogecoin

Dogecoin's transaction volume and hashrate has recorded tremendous growth thanks to the hype surrounding DRC-20 tokens.

Dogecoin transaction volume flips Ethereum amid DRC-20 token fever

Bitcoin Cash advocate and early Bitcoin investor Roger Ver has praised Ethereum, saying it will be the chain that drives global cryptocurrency adoption.

The analyst expressed his belief that developments on BTC’s and ADA’s ecosystems will ultimately add to the cryptos’ success.

The largest cryptocurrency, still stuck in a narrow range, is at last showing signs of life after several spikes to two-month lows.

Dan Gambardello expressed his bullish sentiment towards Bitcoin and Cardano in a recent video.

Bitcoin (BTC) starts a new week in an altogether different mood as the weekly candle close brings a move higher.

Santiment reported this morning that after Memorial Day Weekend, the cryptocurrency market has experienced a notable revival.

Over the weekend, BTC climbed above $28.2K while ETH was able to trade above $1.9K again.

Tether’s ERC20 transactions have played a role in the burning of 146,837 ether, while Uniswap v3 transfers have contributed to the burning of 120,889 ETH.

latest burn metrics, EIP-1559 has fueled the burning of 3.33 million ethereum (ETH) with a value of $6.1 billion, reflecting current ether exchange rates.

Back on August 5, 2021, a significant event occurred in Ethereum’s history with the implementation of the Ethereum Improvement Proposal (EIP) 1559 as part of the London upgrade.

USDT saw $809 million in exchanges, while only $630.4 million was withdrawn.

Bitcoin and Ethereum witness substantial net outflows from exchanges.

While $310 million ETH entered exchanges, a staggering $1.1 billion was withdrawn.

in order for the market to come back stronger, lessons must be learned from what happened before. The collapses of 2022 continue to be analyzed by TV stations, newspapers, magazines, blogs and social media.

As we appear to be entering a new phase in crypto’s notorious market cycles, excitement is once again growing at the prospect of rising investment and deeper liquidity.