State of Cardano Q3 2024
Key InsightsThe Chang Hard Fork occurred on Sept. 1, 2024, initiating a technical bootstrapping phase that set the stage for decentralized governance over Cardano by ADA tokenholders.Revenue (USD) decreased 31.2%…
Key InsightsThe Chang Hard Fork occurred on Sept. 1, 2024, initiating a technical bootstrapping phase that set the stage for decentralized governance over Cardano by ADA tokenholders.Revenue (USD) decreased 31.2%…
TLDR Ethereum has experienced a sharp decline, dropping below $3,680 and currently trading under $3,550 A key bearish trend line has formed with resistance at $3,650 on the hourly chart…
TLDR 20.8 million ETH withdrawn from centralized exchanges in past two months, with Binance accounting for 7.8 million ETH (33-39% of total outflows) ETH currently trading at $3,858, down 2.4%…
TLDR Bitwise CIO Matt Hougan forecasts Ethereum to surpass Solana in 2025, driven by Layer-2 network improvements Ethereum’s Layer-2 solutions are transforming its reputation for being slow and expensive AI…
Key InsightsGEODNET is transforming global positioning services with a decentralized Real-Time Kinematics (RTK) network, providing precise, cost-effective GPS and GNSS corrections. Offering centimeter-level accuracy, GEODNET supports high-precision applications like autonomous…
Key InsightsIn Q3, Lit Protocol launched the Chronicle Yellowstone blockchain, Datil Testnets, and Datil Mainnet Beta.In September 2024, there were 291,500 Lit Action execution requests, a 559.3% month-over-month (MoM) increase.Programmable…
Key InsightsVenus demonstrated financial resilience in Q3'24, starting the quarter with bad debt at $5,332.35 and reducing it by 83.5% to $879 (0.04% of TVL). Bad debt has remained below…