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Coinbase Witnesses Largest Ethereum Outflow of the Year, Surpassing $1 Billion
Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH, worth more than $1 billion on June 12th.
This marks the fifth instance in 2024 where over 150,000 ETH has been pulled from the crypto exchange in a single day. It is still unknown as to who is behind such a massive transfer of funds. $ETH
Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH, worth more than $1 billion on June 12th.
This marks the fifth instance in 2024 where over 150,000 ETH has been pulled from the crypto exchange in a single day. It is still unknown as to who is behind such a massive transfer of funds. $ETH
Meme coins on the Solana blockchain brought the volumes of ecosystem decentralized exchanges to record levels.
Trading volumes on the Solana network jumped 117% over the past week, reaching $15.82 billion for the week, according to DefiLlama. Meanwhile, over the past 24 hours, the total decentralized exchange (DEX) volumes on Solana amounted to $2.57 billion, exceeding the performance of platforms on Ethereum with $2.31 billion in 24 hours. Solana now accounts for almost 29% of the total volume on the DEX.
#sol #HotTrends
Trading volumes on the Solana network jumped 117% over the past week, reaching $15.82 billion for the week, according to DefiLlama. Meanwhile, over the past 24 hours, the total decentralized exchange (DEX) volumes on Solana amounted to $2.57 billion, exceeding the performance of platforms on Ethereum with $2.31 billion in 24 hours. Solana now accounts for almost 29% of the total volume on the DEX.
#sol #HotTrends
The cryptocurrency market cap has reached $2.5 trillion, with meme coins gaining significant traction. Galaxy Fox is emerging as a key player in this trend.
The rise of memecoins
Recent data from CoinGecko paints a vivid picture of the crypto market’s soaring trajectory, with the total market cap exceeding a staggering $2.5 trillion.
Amidst this, meme coins have emerged as the talk of the town, boasting a combined market cap surpassing $40 billion.
This meteoric rise in meme coin prominence has even outpaced the growth of other notable sectors within the crypto realm, including decentralized finance (DeFi) and non-fungible tokens (NFTs).
#TrendingTopic
The rise of memecoins
Recent data from CoinGecko paints a vivid picture of the crypto market’s soaring trajectory, with the total market cap exceeding a staggering $2.5 trillion.
Amidst this, meme coins have emerged as the talk of the town, boasting a combined market cap surpassing $40 billion.
This meteoric rise in meme coin prominence has even outpaced the growth of other notable sectors within the crypto realm, including decentralized finance (DeFi) and non-fungible tokens (NFTs).
#TrendingTopic
Success doesn’t just find you. You have to go out and get it.
From its array of automated tools to its focus on low-risk investment strategies, Investiva is poised to change the face of cryptocurrency trading.
Numerous initiatives have been undertaken in the cryptocurrency industry to improve accessibility and streamline the trading experience for traders of varying skill levels.
However, despite these efforts, much progress has yet to be made in effectively addressing the numerous challenges traders face. Many continue to incur losses in the financial markets, and many traders lack sufficient knowledge and guidance to succeed.
A new cryptocurrency trading exchange, Investiva, has emerged in response to these challenges. Investiva is designed to simplify trading and provide support to traders of all levels, with comprehensive assistance for both newbies and expert traders.
#TrendingTopic $BTC
Numerous initiatives have been undertaken in the cryptocurrency industry to improve accessibility and streamline the trading experience for traders of varying skill levels.
However, despite these efforts, much progress has yet to be made in effectively addressing the numerous challenges traders face. Many continue to incur losses in the financial markets, and many traders lack sufficient knowledge and guidance to succeed.
A new cryptocurrency trading exchange, Investiva, has emerged in response to these challenges. Investiva is designed to simplify trading and provide support to traders of all levels, with comprehensive assistance for both newbies and expert traders.
#TrendingTopic $BTC
#sol #to usd price chart
SOL price live data
The Solana price is currently at $128.48, as of March 4, 2024. Over the past 24 hours, the price of SOL has moved by -1.48%. The 24-hour trading volume for Solana stands at $3,925,577,538. Over the past year, the SOL price has experienced a 512.55% change. Solana now holds the 5 position in crypto.news rankings, with a market capitalization of $56,815,146,570. The circulating supply of SOL is currently $442,316,987. The metrics are updated every minute for real-time accuracy.
$SOL
SOL price live data
The Solana price is currently at $128.48, as of March 4, 2024. Over the past 24 hours, the price of SOL has moved by -1.48%. The 24-hour trading volume for Solana stands at $3,925,577,538. Over the past year, the SOL price has experienced a 512.55% change. Solana now holds the 5 position in crypto.news rankings, with a market capitalization of $56,815,146,570. The circulating supply of SOL is currently $442,316,987. The metrics are updated every minute for real-time accuracy.
$SOL
Don’t be afraid of change. Beautiful things can grow when you’re willing to let go.
#TrendingTopic #BTC
#TrendingTopic #BTC
News from the block
Solana experienced a 5-hour network outage
Solana, deemed to be one of the fastest blockchains among its peers, experienced a 5-hour outage last week that required the network to be restarted.
“Engineers from across the ecosystem are readying a new validator software release, which includes a patch to address an issue which caused the cluster to halt. Validator operators should prepare for an upgrade and restart of the network,” read a status update from Solana on X.
The price of SOL dipped 3% following news of the outage but quickly recouped 2% of its losses . The Solana network has a chequered history with outages, but, up until now, has been running without incident for more than a year.
#sol #TrendingTopic
Solana experienced a 5-hour network outage
Solana, deemed to be one of the fastest blockchains among its peers, experienced a 5-hour outage last week that required the network to be restarted.
“Engineers from across the ecosystem are readying a new validator software release, which includes a patch to address an issue which caused the cluster to halt. Validator operators should prepare for an upgrade and restart of the network,” read a status update from Solana on X.
The price of SOL dipped 3% following news of the outage but quickly recouped 2% of its losses . The Solana network has a chequered history with outages, but, up until now, has been running without incident for more than a year.
#sol #TrendingTopic
Bitcoin has posted a red daily candle after a rally that sees the price up by more than 20% over seven days. The original crypto is trading for $62,168 at the time of writing. Ethereum is down by 1%, changing hands for $3,431.
There’s also a few green candles among the red. Solana is up 1.4% overnight, while Uniswap and Litecoin has also posted returns over 24 hours.
In the world of traditional finance, Morgan Stanley, one of the largest investment managers in the world, is mulling the idea of adding Bitcoin spot ETFs on its broker-dealer platforms, which would open it up to its broker platform, among the largest in the US.
#TrendingTopic
There’s also a few green candles among the red. Solana is up 1.4% overnight, while Uniswap and Litecoin has also posted returns over 24 hours.
In the world of traditional finance, Morgan Stanley, one of the largest investment managers in the world, is mulling the idea of adding Bitcoin spot ETFs on its broker-dealer platforms, which would open it up to its broker platform, among the largest in the US.
#TrendingTopic
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