A surprisingly large portion of Ethereum’s user base comes from non-DeFi appsBTC $9219 (-0.5%) • ETH $238 (-1.2%) • XRP $0.197 (-0.3%)
The Graph evaluated 1 billion queries on the Ethereum blockchain network in June. It discovered that 24 percent of user activity came from non-decentralized finance (DeFi) platforms. A surprisingly high level of user activity on Ethereum came from entertainment-related applications. The usage of decentralized applications (DApps) related to gaming and collectibles rose by nearly two-fold. More news ⏬One of DeFi’s hottest cryptos, Synthetix, has formed a “concerning” on-chain” signJoining Cardano, Dogecoin, and Chainlink, Synthetix Network Token (SNX) has been one of the top-performing cryptocurrencies over the past few months. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Santander expands Ripple (XRP) app to serve the U.S. and 18 othersSantander announced Friday it is partnering with blockchain payments protocol Ripple to bolster its presence and cross-border services to several newer regions. Here is how to check yield farming returns on CompoundWith the current DeFi locked amount crossing over $2 billion, doubling in a month, it’s imperative to discuss yield farming as it pulled the trigger for the explosive movement of DeFi. Stellar (XLM) may be forming a local top as social volume hits 8-month highStellar (XLM) has been caught within the throes of an incredibly intense uptrend throughout the past few days, adding over $600 million to its market capitalization. Here’s how Kyber Network’s “Katalyst” upgrade has boosted its fundamental strengthPopular DeFi protocol Kyber Network (KNC) recently released their highly anticipated Katalyst upgrade, allowing KNC token holders to engage with the network on a deeper level. Binance, Bitfinex, OKEx list DOGE derivatives after meme-coin volume jumps 683%Three of the largest cryptocurrency exchanges listed Dogecoin earlier today after the meme-currency jumped 50 percent in two days. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |
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sexta-feira, 10 de julho de 2020
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A surprisingly large portion of Ethereum’s user base comes from non-DeFi apps