Top 03 Daily Gainers
After a few days fluctuating around $0.661 – $0.716, ONG, the utility token of the Ontology surged dramatically.
ONG has gained 44.64% in the last 24 hours and is trading at $0.885408. With these achievements, ONG is currently leading the Top Gainers on ONUS. KEY and SPG also made the list with the growth of 12.99% and 12.03% respectively.
Cardano outpaces Bitcoin, Ethereum in transaction volume
According to data provided by Messari, Cardano is ahead of Bitcoin and Ethereum in terms of transaction activity, clinching first place.
As per transaction volume, Cardano overtook Bitcoin and Ethereum at $17.56 billion, while the latter registered 24-hour volumes of $10.55 billion and $5.77 billion, respectively.
Alchemy raises $200M in latest funding
Web3 platform Alchemy announced the launch of a $200-million Series C funding round this week, giving the company a valuation of $10.2 billion.
The seven-investor round was led by Lightspeed Venture Partners, Silver Lake — with additional participation from Pantera Capital and previous lead investor in October’s $250-million raise, Andreessen Horowitz’s a16z, among others.
Axie Infinity Smooth Love Potion (SLP) explodes with 300% gain this February
Smooth Love Potion (SLP) is skyrocketing in value just prior to the launch of Season 20 of Axie Infinity, the world’s most popular play-to-earn blockchain game.
In a matter of days, the SLP token triples in value. As of February 12, 2022, SLP is now selling for $0.0.02986 with a trading volume of approximately $2 billion.
Over $1.5 billion in SHIB owned by Ethereum whales as coin is back on their top 10 holdings list
According to WhaleStats, the number of SHIBA INU held by the largest 1,000 Ethereum investors totals $1,591,886,983, accounting for 16.15% of their crypto portfolio as of February 12. SHIB is also the biggest crypto asset by USD value among the top whales’ holdings.
Bitcoin supply on exchanges hits lowest in 3 years after series of BTC drops
As per data provided by on-chain data vendor Santiment, investors have been withdrawing their BTC from crypto exchanges en masse.
The amount of flagship cryptocurrency held on exchange wallets has reached the 10.87% – the lowest mark, which was last observed on crypto trading venues in December 2018. As the leading crypto is getting moved off trading platforms, risks of any big sell-off becomes lower.
Beta Finance (BETA) rises 39.13% after 24h
BETA, the utility token of the Beta Finance platform, witnessed an impressive growth of 39.13% after 24h, reaching a price of $0.56118947.
BETA’s 24-hour trading volume reached $80.39 million, 5 times the average of the past 10 days. With these achievements, BETA is currently leading the Top Gainers on ONUS.
Highlights of the week
$SHIB enters the Metaverse with ‘Shiba Lands’
$AAVE launches Web 3 social media platform
$GALA invest $5B for NFT expansion efforts
ZoidPay integrates $EGLD into their virtual cards payments solution
Man United onboards $XTZ as its official Web3 and training kit partner
Allbridge announced the integration of $NEAR with $LUNA, $SOL, and $CELO
EU considering Digital Euro legislation for 2023
The bill establishing the framework under which a digital euro would operate is not planned to be delivered in until late 2023, according to Mairead McGuinness, EU Commissioner for Financial Stability, Financial Services and the Capital Markets Union.
The legislation will be used by the European Central Bank as the legal foundation for establishing a central bank digital currency.
Large SHIBA INU transactions rise to almost $390 million
According to the data provided by analytics firm IntoTheBlock , the volume of large SHIBA INU transactions that exceed $100,000 has reached almost $390 million, which constitutes 81% of the total on-chain volume.
At the same time, as noted by WhaleStats, SHIB returned to the top 10 most purchased tokens and most used smart contracts among the 1,000 biggest ETH wallets.