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Crypto News Aggregator by EXCAVO
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🔝 The most active cryptos based on
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📊 $ZRO #Messari . State of LayerZero Q2 2024: ▪️ In Q2’24, LayerZero expanded its omnichain interoperability protocol, adding support for 12 new networks and facilitating $5 billion in crypto asset transfers; ▪️ $ETH saw a 26% QoQ increase in transfer volume from $725 million in Q1’24 to $913 million in Q2’24 thanks to lower gas fees due to Dencun upgrade; ▪️ The ZRO token launched on June 20, 2024, with an airdrop to 1.28 million eligible wallets; ▪️ Surpassing 50,000 omnichain application (OApp) contract deployments in Q2’24; ▪️ LayerZero saw growth in application adoption across gaming, DeFi, AI, bridging, and other sectors utilizing its omnichain communication.
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📉 $ETH #EricBalchunas : Ethereum #ETF's Went Backward in First Month.. flows -$476m as the newbies couldn't cope with the Grayscale ETF (#ETHE ) outflow, too powerful a force (this is why I reiterated how heroic the New Nine bitcoin ones were). But there is light at the end of the tunnel, and capital outflows from ETHE will decrease in the future.
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🔝 Top 10 Decentralized Finance Coins by Market Capitalization $LINK $UNI $AAVE
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🔎 $BNB #BinanceLabsInvestment Summary 2024 Binance Labs will double its blockchain innovation efforts in 2024 with a major investment.
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📊👀 $BTC saw a volatility spike in August. However, this doesn't signal a clear direction for the cryptocurrency. Bitcoin's price remains stuck in a range, with few obvious catalysts on the horizon.
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