Polkadot ecosystem thrives with significant growth in Q1, reaching $12.7 billion market cap: Messari

Polkadot’s ecosystem recorded massive growth across major metrics during the first quarter of the year, according to a Messari report. During this period, the market cap of Polkadot’s native DOT token rose to $12.7 billion from the $8.4 billion recorded in the last quarter of 2023. Notably, this upswing correlates directly with a monumental 270% […]

The post Polkadot ecosystem thrives with significant growth in Q1, reaching $12.7 billion market cap: Messari appeared first on CryptoSlate.

View Details

Report: XRP Price Dropped 0.1% While Market Cap Rose 1.3% in Q1 2024 

Data from top crypto analytics platform Messari shows that the price of XRP decreased 0.1% Quarter-on-Quarter (QoQ) while its market…

The post Report: XRP Price Dropped 0.1% While Market Cap Rose 1.3% in Q1 2024  first appeared on The Crypto Basic.

View Details

The Sandbox Q2 2023 Report: 59% Increase in NFT Mints, 52% Rise in Primary Sales, 15% Fall in Revenue in Q2

The Sandbox, a leading gaming metaverse, posted a mixed performance in the second quarter of 2023, according to a report released by Messari. The platform saw a robust 59% QoQ increase in NFT mints, primary sales were up 52% QoQ, and active buyers grew 22% QoQ. (Read More)

View Details

Does Crypto Need the U.S. to Succeed? Messari Chief Sparks Debate

The crypto community is divided on whether the industry should move operations away from the U.S.

Continue reading at DailyCoin.

View Details

Cosmos' Osmosis Sees 43% Decrease in Trading Volumes in Q2 2023, Reported Messari

According to Messari, in Q2 2023, the Osmosis Protocol, a decentralized exchange (DEX) within the Cosmos ecosystem, experienced a decrease in volumes and users, each down over 25%. (Read More)

View Details

Unique Dynamics Of Polygon: The Relationship Between Market Cap & User Base

Messari, a leading cryptocurrency analytics firm, has made an intriguing observation about Polygon’s market cap and user base dynamics. According to a recent tweet, these two metrics exhibit distinct patterns that do not move synchronously. Instead, they can be divided into three phases: Growth, Deviation, and Maturation. During the first phase, known as Growth, user […]

View Details

Ripple Receives Support from Messari CEO During SEC Lawsuit

Messari's report on XRP Ledger capabilities and recent support from Messari's CEO sparked excitement within the XRP community.

Continue reading at DailyCoin.

View Details

Bitcoin price more correlated to FTX developments than macro events: Research

While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.

View Details

Bitcoin Miners Roughly Sold Everything They Mined in 2022

Out of 40,700 $BTC mined by public miners from January 1 to November 30 this year, 40,300 $BTC were sold, Messari's Tom Dunleavy revealed.

The post Bitcoin Miners Roughly Sold Everything They Mined in 2022 appeared first on BitPinas.

View Details

Solana NFT Ecosystem Shines But DeFi Remains Muted: Report

Solana’s NFT ecosystem continued to show resilience amidst a bear market. Data from Messari noted that the total number of daily new NFTs users grew by more than 8 million, over a 19% increase on a QoQ basis. “For perspective, this growth in the third quarter followed after increasing by 46.4% in Q2 and is […]

View Details

Approximately 50% of FTX Deposits Can be Refunded Based on the Balance Sheet – Messari

Messari reported that based on the "rough balance sheet" calculations of FTX, approximately 40 - 50% of users can recover deposits.

Continue reading Approximately 50% of FTX Deposits Can be Refunded Based on the Balance Sheet – Messari at DailyCoin.com.

View Details

Uniswap Records Highest Trading Fees But Faces Competition From OpenSea

One of the most popular decentralized exchanges, Uniswap (UNI), records the highest number of trading fees in the last three months but was not able to turn them into revenue due to increased competition from OpenSea, the largest NFT marketplace, within the market.  Messari, an analytics platform or a leading provider of market intelligence products […]

View Details

MakerDAO revenue tumbles 86% on Ether and wrapped BTC woes

Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.

View Details

Bitcoin volatility trended downwards in Q3: report

Bitcoin’s average 30-day volatility in August was 60%, while it stood at 80% in…

The post Bitcoin volatility trended downwards in Q3: report appeared first on CoinJournal.

View Details

Messari CEO Ryan Selkis Hints Towards Plan To Raise $35m In Fresh Financing

As Messari reveals that it is hiring $35m worth of developers.

Continue reading Messari CEO Ryan Selkis Hints Towards Plan To Raise $35m In Fresh Financing at DailyCoin.com.

View Details

Is Cardano Being “Aggressively Priced” An Understatement?

Among the growing ecosystems, Cardano has priced more aggressively, on-chain analytics dashboard Messari tweeted. The upcoming Vasil hard fork is slated to bring significant improvements to Cardano, specifically higher throughput and smart contract enhancements. Under the report titled “Non-EVM chains in the bear market”, Messari wrote Cardano was priced aggressively compared to its adoption metrics.” […]

View Details

Cardano’s Buying Activity Shoot Up Due To These Possible Reasons

Cardano’s purchase activity has registered an uptick for a brief period of time, as noted by a Twitter user called “Pete”. Illustrating his point through a coinmarketcap chart, the user tweeted, “Someone is buying up. Just watch out for those corrections.” He then wondered if those buyers are up for the long term or simply there […]

View Details

Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report

The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of 2022.

View Details

Cardano wallet addresses reach 3.6 million even as price drops

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.

The post Cardano wallet addresses reach 3.6 million even as price drops appeared first on CryptoSlate.

View Details

How To DYOR Crypto: How To Analyse Crypto Projects For Investment?

Are you a beginner in the crypto industry? Are you worried about what to buy and what not to invest in? Are you concerned about the potential threats to your crypto investment? Well, all this has one answer: Do Your Own Research. Now this research cannot be random. You have to be very strategic about […]

View Details