Ethereum
Monday saw the debut of Lido’s Community Staking Module on the Holesky test network, which aims to allow new entities, including solo stakers, to become node operators without needing permission from its DAO.
Solana
Pump.Fun’s annualized revenue, calculated by taking revenue data from the last 30 days and multiplying the figure by 12, is projected to be $268.95 million, DefiLlama shows
Tech
Polkadot’s treasury flow has turned negative, with $87 million already spent in the first half of 2024.
After reaching a market cap of nearly $150 million, MOTHER, arguably one of the most successful celebrity meme cryptocurrencies, has dropped more than 57% to a market cap of $59.9 million.
Regulation
The prediction markets platform attracted nearly 30,000 monthly active users and saw over $110 million in trading volume for the month of June, which ended with a disastrous debate for President Joe Biden.
The price of GSOL indicates the level of confidence its investors have that spot SOL ETFs will be approved.
Analysts at GSR think that not only is it likely that a Solana ETF is approved, but the impact on the digital asset might be the largest yet.
Business
Coinbase has partnered with Stripe to launch three integrations aimed at increasing onchain adoption and providing faster financial infrastructure.
Base’s monthly active addresses from April to May jumped by less than 18,000, whereas the difference between May to June is projected to be more than 2.2 million addresses. Meanwhile, Coinbase sees eight million monthly transacting users on average.
Wallet transfers as a category dominated gas consumption over the past 24 hours, totaling over $1 million, which exceeded the combined gas usage of DeFi, memecoins, and infrastructure protocols.
