Cardano wallet addresses reach 3.6 million
Cardano blockchain continues to see more adoption as the number of wallets holding its native token has reached 3.6 million, according to on-chain data aggregator, Messari.
Per Messari, most of these wallets on the network hold around 100 ADA, with over 3,000 wallets holding at least 1 million tokens. This means that the network has more whales than most of its competitors, which is largely due to its low price.
RUN is now available on PancakeSwap
Specifically, RUN token has been opened for liquidity on PancakeSwap, one of the most prominent decentralized exchanges on the BNB Chain, with the RUN/BUSD liquidity pair. From now on, investors can buy/sell RUN tokens on PancakeSwap.
Cardano announced a new partnership with Wanchain
Wanchain and Cardano’s Input Output are collaborating on enabling interoperability between the Cardano mainnet, sidechains, and other blockchains. Wanchain will deploy crosschain bridges and serve as an EVM sidechain to Cardano.
Cardano DApp developers and users will gain access to more coding languages, frameworks and integrated developer environments. Furthermore, not only does this novel approach maximize the security of Cardano’s interoperability solution, it also doubles as a scalability solution.
Whale bought 58 billion SHIBA INU
According to WhaleStats, a whale has acquired a jaw-dropping amount of SHIBA INU. Thirteen hours ago, this investor grabbed a comprised 57,979,293,909 SHIB—the equivalent of $1,334,683. This investor acquired a staggering 170 billion SHIB within two days.
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Dogecoin whale transactions reach 3 1/2-month high
According to on-chain data tracked by analytics firm IntoTheBlock. The number of transactions with a value of at least $100,000 rose to 2,440 on Monday, the highest since Jan. 14.
Bitcoin network hash rate hit a new record high amid price volatility
The hash rate of the Bitcoin (BTC) network hit a new ATH of 258 EH/s on Thursday, seeing a 400% increase since the mining ban by China last year. The recent rise in the BTC network hash rate signifies the growing number of miners on the blockchain.
Bitcoin network also saw an increase in mining difficulty to new historic highs, reaching 29.70 trillion. A rise in the mining difficulty signifies that more miners are competing against each other to mine the next block.
Dragonfly Capital launches $650 million venture fund
The crypto-focussed investment firm Dragonfly Capital has announced closing its third fund with $650 million in capital.
The focus areas of the firm’s third fund will be across all the stages of blockchain and crypto companies, protocols, and tokens that aim to develop “new digital economies.” Additionally, the new initiative is expected to enable Dragonfly Capital to lead rounds in later-stage companies.
LUNA supply drops to All-Time Low
The supply of LUNA, the native token of the Terra blockchain, fell to an all-time low level on Tuesday – a price-boosting dynamic that’s seen by crypto analysts as an indicator of how popular the project remains despite nagging concerns about its sustainability.
LUNA’s circulating supply slid to 346 million, down from a high of 482 million last November. The liquid supply, the number of coins available on the market that are not locked for staking, dropped to 90 million for the first time ever.
DAR rises 78.06% after 24h
DAR, the native token of the Mines of Dalarnia ecosystem, has increased by 78.06% with an explosive transaction volume of 649.11 million USD, an impressive number compared to the previous 10 days’ average of around 85.23 million USD.
With this growth, DAR has officially reached the milestone of 93.06% increase after only 1 month and 132.47% increase after 3 months.