šŸ”Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

RLUSD Circulating Supply Reaches 2.49 Billion Tokens as Market Value Nears $2.5 Billion

RLUSD Circulating Supply Reaches 2.49 Billion Tokens as Market Value Nears $2.5 Billion

RLUSD’s circulating supply is about 2.49 billion tokens, and its market value is close to $2.5 billion, up about $490 million from Ripple’s $2 billion milestone announced in August. According to Odaily, the total value of stablecoins on the XRP Ledger is about $1.19 billion, rising about 6% over sev…

Base Activity Climbs To 7.5 Million Transactions In A Day

Base Activity Climbs To 7.5 Million Transactions In A Day

TL;DRBase network activity reached roughly 7.5 million transactions over a single day in the validated September 22 data.The count includes all recorded transactions, including low-value and automated activity.High transaction count is a usage metric, not proof of equivalent economic value.Base has …

Enjin Coin to Hold Live Stream on X on September 10th

Enjin Coin to Hold Live Stream on X on September 10th

Enjin Coin will hold its weekly live stream in X at 17:00 UTC on September 10th. The discussion will examine what makes an NFT worth minting and include a segment with Enjin Misfits.Refer to the official tweet by ENJ:Not every NFT deserves a spot in your wallet šŸ‘€Join us for the next Enjin Weekly Str…

Hunter Biden's meme coin sinks soon after launch

Hunter Biden's meme coin sinks soon after launch

Hunter Biden's meme coin $LAPTOP lost most of its value within minutes of its launch, prompting accusations of a cryptocurrency rug pull.$LAPTOP debuted on Wednesday, climbing to as high as $199.5 per token, before crashing to about 87 cents."The initial LAPTOP pool launched at $0.05 per token into …

Bitcoin Is a ā€˜Deep Freeze’ for Money. What Does That Actually Mean?

Bitcoin Is a ā€˜Deep Freeze’ for Money. What Does That Actually Mean?

MicroStrategy (now Strategy) founder Michael Saylor has a new way of explaining Bitcoin: think of money like food, and Bitcoin like a freezer.In an essay published on August 15, Saylor argues that money stores the value created by your time and work. The real test, he says, is how much of that value…

Rain Acquires Ansa to Expand Branded Stored-Value Payments

Rain Acquires Ansa to Expand Branded Stored-Value Payments

Stablecoin card issuance and payments platform Rain has acquired branded stored-value and closed-loop payments platform Ansa. According to ChainCatcher, Ansa's team will join Rain, and Ansa founder and CEO Sophia Goldberg will become Rain's head of payments.Ansa provides merchants with branded prepa…

Protocol Revenue Reaches $7.42 Billion This Year, Castle Labs Says Token Prices Lag Fundamentals

Protocol Revenue Reaches $7.42 Billion This Year, Castle Labs Says Token Prices Lag Fundamentals

Castle Labs said crypto protocols have generated about $7.42 billion in revenue so far this year, but most token prices have not reflected protocol fundamentals. According to Odaily, the report reviewed six protocols, including Aave, Hyperliquid, Pump Fun, and Uniswap.The report said these six proto…

Robinhood Chain Ecosystem Tokens Fall Sharply as Long Ecosystem Meme Coins Rise

Robinhood Chain Ecosystem Tokens Fall Sharply as Long Ecosystem Meme Coins Rise

Robinhood Chain ecosystem tokens fell broadly, with launchpad token Pons (PONS) down more than 35% in the past 24 hours and its market value dropping to $28.95 million. According to Foresight News, CASHCAT fell more than 17% in the past 24 hours and briefly slipped below a $50 million market value, …