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According to VanEck's latest report, Solana currently accounts for 15% of the market value of smart contract platforms and is expected to grow to 22% by the end of 2025, with the price of SOL expected to reach $520. According to the report, Solana's market cap expansion is mainly due to its strong developer ecosystem, growing DEX transaction volume share, revenue growth, and expanding active user base. VanEck expects the total market cap of the smart contract platform to increase by 43% to $1.10...
Binance said that due to potential security issues with the TROY-BEP20 token contract, the deposit business of TROY (BSC) has been suspended on January 2, 2025 to protect users. Other services related to the aforementioned tokens, such as deposits and withdrawals through the Ethereum network (ETH), will not be affected.
At the opening of the night, most of the main domestic futures contracts fell. Palm oil, coking coal, glass, soda ash, iron ore, No. 20 glue (NR), coke, polyvinyl chloride (PVC) fell more than 1%. In terms of gains, corn, sugar, starch, Shanghai gold, rapeseed meal, fuel oil, Shanghai tin, Shanghai lead, and Douer rose slightly.
Binance announces that Gifto (GFT) deposits have been suspended on November 29, 2024 due to potential security issues involving GFT smart contracts. If Binance deems it safe, GFT recharges may be reopened, but no further announcement will be made. Binance has decided to delist and stop trading of all Gifto (GFT) spot trading pairs on December 3, 2024 at 08:00 (UTC).
Bitcoin futures unpositioned squaring contracts have risen sharply since Trump's election victory on November 5. Data show that bitcoin futures unpositioned squaring contracts have risen from $39 billion on November 5 to the current $60.90 billion, indicating increased trading activity and market speculation. Bitfinex analysts said the increase in unpositioned squaring contracts appears to be a natural increase, driven by expectations of future price appreciation. Leverage accumulation is a comm...
According to Cryptoquant, the total amount of Binance unpositioned squaring contracts has reached a new high, reaching $8.30 billion, accounting for about 35% of the total number of unpositioned squaring contracts in the world. In the past 24 hours, Binance unpositioned squaring contracts have surged by 10.24%, which may indicate that there is a significant market volatility on the horizon.
Gelato, which focuses on smart contract automation networks, completed a $11 million A + round of financing led by Hack VC, with participation from Animoca Brands, IOSG Ventures and Bloccelerate VC. The additional funding will allow Gelato to expand its platform to enable startups and enterprises to launch their own blockchain-based applications. The new funding brings Gelato's total funding to $23 million.
At the close of afternoon, the main contracts of domestic futures were mixed. Coke, coking coal, and glass rose by more than 4%, alumina, rebar, hot coil, iron ore, manganese silicon, and lithium carbonate rose by more than 2%, and soda ash, PVC, methanol, and caustic soda rose by more than 1%. In terms of decline, low-sulfur fuel oil fell by more than 3%, fuel oil, SC crude oil fell by more than 2%, and soybean oil, palm oil, liquefied gas, and Shanghai zinc fell by more than 1%.
With the Chinese mainland in the midst of a week-long holiday, traders have turned their attention to futures listed in Singapore and Hong Kong. The number of unpositioned squaring contracts for FTSE China A50 futures on the SGX has surged to a record 1.20 million lots since the start of China's National Day Golden Week holiday last Tuesday. "The strong trading volume reflects that global investors are managing their China exposure and adjusting their positions ahead of the reopening of the cash...
