According to DefiLlama, Solana's on-chain trading volume fell by 28% in the seven days ending February 10, totaling $31.80 billion. The slowdown in decentralized exchange (DEX) activity could herald the end of the recent memecoin boom, which peaked on January 19 with the launch of the official Trump (TRUMP) token.
On January 16, the latest data obtained from Sensor Tower shows that it is estimated that in the past seven days (January 8 to January 14 local time), Xiaohongshu's mobile app downloads in the United States increased by more than 20 times compared with the previous seven days (January 1 to January 7 local time), and increased by more than 30 times compared with the same period in 2024. Since the beginning of the month, more than one-fifth (22%) of Xiaohongshu's total app downloads have come from...
According to Lookonchain monitoring, DWF Labs received 15 million KOMA ($2.12 million) seven days ago, and in the past seven days, DWF Labs has deposited 1.93 million KOMA ($274,000) into Bitget, Gateio, MEXC and other CEXs.
The latest data from Coinglass shows that the balance of Binance Bitcoin wallet has decreased by 15,714.17 BTC in the past seven days, and the balance as of now is 556,786.28 BTC. In addition, the current Coinbase Pro Bitcoin wallet balance is 824,516.56 BTC, an increase of 737.28 BTC in the past seven days; Bitfinex Bitcoin wallet balance is 404,969.71 BTC, a decrease of 2045.35 BTC in the past seven days.
The seven-day moving average for new Ethereum wallets is at its lowest level since December 2023, and the average number of active addresses and transactions on the Ethereum network has also declined recently, reaching its lowest level in nearly six months.
The latest data shows that the total Bitcoin hash rate, calculated according to the seven-day simple moving average (SMA), hit an all-time high this week. On July 25, the hash rate, calculated according to the seven-day moving average, reached 677 EH/s, surpassing the 659 EH/s recorded on May 25.
U.S. stocks closed Wednesday, the Dow initially closed down 0.07%, the S & P 500 index rose 0.5% to a new high, the Nasdaq rose 0.88%. Tesla (TSLA. O) announced the debut time of the second-generation humanoid robot Optimus rose 6.5%, rising for seven consecutive days, the longest streak in a year. Star technology stocks rose, NVIDIA (NVDA. O) rose 4.5%, TSMC (TSM. N) rose 3.8%, Nasdaq China Golden Dragon Index rose more than 3%, Douyu (DOYU. O) closed up 42.4%, the board announced a special div...
Solana (SOL) outperformed the rest of the major cryptocurrencies this week, gaining 9% over the past seven days, while Bitcoin and Ethereum fell more than 4% and 2% respectively over the same period. "This performance is supported by a number of specific endogenous catalysts in the Solana ecosystem, including major technology launches and VanEck's first US Solana Spot ETF filing," said Coinbase analysts David Duong and David Han. According to a weekly report released by Coinbase on Friday, a num...