News flash for the evening of August 26:
Ethereum network transaction fees rose sharply in just ten minutes, with an increase of 104.57%, highlighting the significant increase in activity on the ETH chain and the revival of user enthusiasm.
In just four months, the Bitcoin Rune platform has witnessed a surge in NFT transaction volume, with the cumulative number of transactions exceeding the 15.6 million mark, and the activity of the NFT market reaching a new high.
As weekly trading volume continues to return to positive levels, the NFT market is gradually emerging from the downturn, showing clear signs of recovery, bringing new opportunities and expectations to investors.
Recently, a liquidity provider in the TON ecosystem conducted a large-scale selling operation, selling a total of 356,545 TON tokens, which has affected market liquidity to a certain extent.
A senior analyst at the Deribit exchange predicts that the price of Bitcoin may correct to around $61,000 in the short term to consolidate, building momentum for subsequent trends.
The latest data shows that the total market value of the stablecoin market has exceeded the US$168.3 billion mark, setting a record high, reflecting the strong market demand for stablecoins as safe-haven assets and trading media.
