HYPE price rises as Hyperliquid nears $1 trillion milestone

The Hyperliquid token rebounded on Monday as the network approached a key milestone in trading volume. The price of Hyperliquid (HYPE) rose to $25.80 on Monday, climbing more than 25% from its lowest level over the weekend. Data compiled by DeFi Llama shows that Hyperliquid’s monthly trading volume surged to a record high of $366 […]

Solana selloff continues as $1 trillion milestone nears

Solana price retreated sharply during the weekend even as the network capped a record $258 billion milestone in January. Solana (SOL) dropped to $210 on Sunday, down by almost 30% from its highest level this year, bringing its market cap to $103 billion. At last check, SOL hovered at around $212. See the chart below. […]

2024 Sets New $10 Trillion Milestone for On-Chain Activity

2024 was the year of resurgence in on-chain activities across blockchain networks, as major metrics, including adoption, transaction volumes and counts, hit their all-time highs. Dune On-chain Adoption Index, measuring the level of engagement on the blockchain, hit 77 in Dec. 2024, a little short of the all-time high of 84, last seen in Nov. 2021. […]

BONK price falls over 7% after burning 1.69 trillion tokens-what’s going on?

Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of the dog-themed meme coin’s community holiday token burning event dubbed the “BURNmas.” Based on community […]

Bitcoin as national asset may generate $81 trillion

MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path to offset the national debt. The proposal projects digital capital markets growth from $2 trillion […]

BONK pumps 30%, BONK DAO to burn a trillion coins by holiday

Solana-based meme coin BONK has jumped 30% in the last 24 hours as the BONK DAO announces an ambitious plan to burn 1 trillion tokens through a community-driven campaign. The price of Bonk (BONK) has also seen a 116% pump in the last seven days. The token currently holds a $3.49 billion market capitalization. Caption: […]