BNB Chain hits 500m active addresses at the heels of TST frenzy and MEV concerns
Binance Smart Chain has surpassed 500 million unique active addresses, coinciding with the frenzy surrounding the launch of its test TST meme coin. In a historic milestone, Binance Smart Chain has surpassed 500 million unique active addresses, according to a recent X post by Whale Insider. This achievement comes at the heels of the launch […]
Here’s why Aptos price may jump 85% as active addresses soar
Aptos price has remained under pressure this year even as the network experienced strong on-chain metrics. Aptos (APT) retreated to $8.35 on Sunday, its lowest level since Nov. 5 last year. It has crashed by about 45% from its highest level in November. Aptos has strong on-chain metrics Third-party data shows that Aptos is doing […]
Quant price forms a risky pattern as active addresses fall
Quant has dropped sharply this month, erasing some of the gains made between November and December last year. Quant (QNT) price has dropped to $110, down by almost 36% from its highest level in December. The coin’s decline happened as on-chain data pointed showed that the number of addresses in the network is no longer […]
Algorand price eyes a 50% surge as active addresses, transactions rise
Algorand’s price moved sideways this week, mirroring the performance of most altcoins following Donald Trump’s inauguration. Algorand (ALGO), a top layer-2 network, was trading at $0.4165, about 16% below its highest level last week. The coin has several encouraging fundamentals that could push it higher in the coming days. According to Nansen, the number of […]
Thailand SEC considers green lighting Bitcoin ETFs as active crypto accounts near 300k
Thailand regulators are considering approval for exchange-traded funds that invest directly in Bitcoin for the first time in history in order to boost the nation’s budding crypto sector. According to a Bloomberg report published on Jan. 15, the Thailand Securities and Exchange Commission might allow Bitcoin ETFs to list on local exchanges for the first […]
Ethereum price drops as MVRV and active addresses ratio rise
Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to […]
