Two weeks into December, Solana's $SOL NFT market reached all-time highs with $80M in volume across all marketplaces, now comprising 24% of daily NFT trading volume compared to Ethereum's $ETH $330M.
$BTC Bitcoin's 60-day correlation with $ETH fell to a multi-year low of 75% in November. For the last 24 hours, Bitcoin showed a 5% growth, while Ethereum 3%.
DeFi stands out as the largest among the top three application categories in the cross-chain interoperability landscape, followed by NFT and infrastructure.
In Oct, the Web3 gaming industry experienced a 15.8% increase in tokens' market cap, driven by bullish sentiments.
The industry has been steadily expanding, with 2,651 games available. However, 73.1% of the games had less than 10 active users in Oct, highlighting the ongoing challenges that Web3 game developers face in acquiring and retaining users. We believe the GameFi crypto sector will show itself soon, but it still needs time.
Just in: BLACKROCK REGISTERS ETHEREUM TRUST IN DELAWARE
The iShares Ethereum Trust has just been registered in Delaware. BlackRock's iShares Bitcoin Trust was registered in a similar manner 7 days before they filed the ETF application with the SEC.