BNB Chain key metrics show impressive performance
From January 19th to January 25th, BNB had an average of 3.82 million weekly active users (WAU), which indicates robust user engagement on the platform.
A testament to the heightened activity within this period is the impressive total of 21.76 million weekly transactions, averaging 3.62 million daily transactions.
Ethereum Layer 2 total value locked stands at US$21.38 billion
According to data from L2BEAT, the total value locked (TVL) on Ethereum’s Layer 2 currently stands at US$21.38 billion.
Arbitrum One is leading with a TVL of US$10.5 billion. Following behind are OP Mainet (US$5.3 billion), Manta Pacific (US$1.71 billion), and Base (US$712 million).
Harvest Fund submits Hong Kong’s first Bitcoin ETF application
Harvest Fund Hong Kong has submitted an application for a Bitcoin Spot Exchange Traded Fund (ETF) to the Hong Kong Securities Regulatory Commission.
Harvest Fund’s submission, made on January 26, represents the first such application for a Bitcoin spot ETF in the region.
Manta Pacific TVL surpasses $1.7 billion, gains 8.03% market share in Ethereum layer2
Manta Pacific’s Total Value Locked (TVL) has surpassed $1.7 billion, currently standing at $1.71 billion.
The TVL has seen a 7-day increase of 11.05%, accounting for 8.03% of the Ethereum Layer2 market share.
Polygon to upgrade Etrog mainnet next month, becoming Type 2 ZK-EVM
Polygon announced that it will upgrade its Etrog mainnet next month, transforming the Polygon zkEVM network into a Type 2 ZK-EVM.
Type 2 ZK-EVM allows developers to deploy their code on Polygon zkEVM exactly as it is on Ethereum—just copy-paste and go, no modifications necessary.
Bitcoin whales accumulate despite price slump
Bitcoin held in addresses with over 1,000 BTC has reached a new yearly high, according to data from IntoTheBlock.
Top 05 Daily Gainers
LSK, the token of Lisk, the open-source web3 application platform, is currently leading the Top Gainers on ONUS in the past 24 hours.
The outstanding growth of 19.24% helped this asset reach the price of 35,947 VNDC. However, with the ATH of 293,830 VNDC, many investors still have high expectations for the potential breakthrough of this token.
Ava Labs announces scalability solution Vryx to boost Avalanche’s transaction speed To 100,000 TPS
In its latest research paper, Ava Labs outlined the idea of the scalability solution Vryx, which aims to help the Avalanche blockchain increase its transaction speed to 100,000 TPS.
The scalability method will be enabled on the first HyperSDK testnet, which is planned to launch in mid-Q2.
Highlights of the week
1. $SUI partnered with Alibaba Cloud
2. Auto $SHIB1000 Burn hits testnet
3. $ARB integrates $LINK functions mainnet beta
4. Thirdweb partners with $XAI to provide gaming infrastructure
5. $MANTA secures strategic investment from Newman Capital
6. $SOL launches ‘token extensions’ for enhanced dev control and compliance
7. BlackRock’s Spot Bitcoin ETF records significant growth with an increase of over 4,000 $BTC
BlackRock’s Spot Bitcoin ETF records significant growth with an increase of over 4,000 BTC
BlackRock’s Spot Bitcoin ETF recorded an approximate addition of 4,284 BTC to its holdings, growing from 45,668 BTC on January 24 to a notable 49,952 BTC on January 25.
Such a significant increase in holdings underlines the growing interest and investment in the premier cryptocurrency, Bitcoin, among mainstream financial institutions.