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Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million

Bitget Research
2023/11/24
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million

the past 24 hours, there have been many new popular tokens and topics emerging in the 2321baa7-3664-4b74-a3cd-657c128fbc5a, and perhaps they could be the next market spotlight.

In Summary:

1.Popular Tokens:

SATS (Token) - Currently one of the most actively traded BRC-20 tokens, SATS has a 24-hour tota l trading volume of approximately US$12.16 million, with the price experiencing a decline of over 13%. It is listed on multiple centralized exchanges.
froge (Token) - This meme, based on a frog sticker on an OpenAI engineer's laptop, has a commendable popularity on the chain. Last night at 8 PM, it saw an increase of approximately 10x in value, with liquidity of 400,000 and a market cap of US$1.68 million. The liquidity is locked, and the contract has been renounced.
RLB (Token) - Yesterday, RLB experienced a significant sell-off, with a whale address 0x915 selling 8 million RLB tokens 15 minutes ago in exchange for 1.43 million USDC. This activity led to a 4% decrease in RLB's price.
Metameme (Token) - In just one day since its launch, the token attracted over 1100 holders, and reached a trading volume of US$4.25 million and 3733 transactions. The project's contract has been renounced. It enjoys a commendable level of popularity both on the chain and on social media, but it is currently undergoing a substantial decrease in value. It is essential to monitor its subsequent performance.
Inscription mint (Token) - The launch of POLS in the trading market has led to heightened interest in inscription activities on the Polygon chain. As a result, the frequency of minting and trading inscriptions has significantly increased.
LINK (Token) - Yesterday, smart money began buying LINK, with a whale address starting with 0x54f withdrawing 1.04 million LINK tokens (worth approximately US$15.3 million) from Coinbase. Notably, this whale completed its first LINK transaction on November 9, realizing a profit of US$6 million (+76.6%).
UNI (Token) - Following the increase in Uniswap's value, investors have started taking profits. The 1inch team liquidated their entire holding of 420,828 UNI tokens at an average price of US$6.29 per token, converting them into 2.64 million USDC. The UNI token has relinquished its gains for the day.

2.Popular NFTs:

Bored Ape Yacht Club (NFT) - According to Dune data, the trading volume of Bored Ape Yacht Club reached $4.13 million yesterday, showing a slight decline compared to previous levels.
Fren Pet (NFT) - A new NFT project on the Base chain. Fren Pet is a cross-chain pet simulation game inspired by Friend.tech and developed jointly by Adam (@surfcoderepeat) and Cadu (@cadu_veloso). Some influencers are actively promoting the project on social media. Currently, the DApp shows average stability, with instances of downtime that were quickly resolved. It is worth keeping an eye on for future developments.

3.Popular DApps:

ChangeNow (DApp) - This is a non-custodial cryptocurrency and fiat exchange where users can trade over 200 tokens with no registration or trading limits. The project integrates DeFi and CeFi, with an average exchange time of 5 minutes, and has a very active on- chain trading volume.
Blast (DApp) - The Layer 2 network Blast, launched by Blur's founder Pacman, currently holds a total asset value of over US$350 million in its contract address. The two largest assets are ETH and stETH, valued at US$236 million and US$70 million, respectively. The network has attracted funds from 62,790 addresses.
TinyTap (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. TinyTap offers a no-code platform, enabling educators to create and share interactive educational content and earn a share of the revenue when learners utilize their content. Creators can craft TinyTap content and activities via TinyTap's iPad application or its website. TinyTap is accessible on iOS, Android, and web platforms.
PlaybuxQuest (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase. Users can select merchants from the activity page and shop as usual. It also offers opportunities through shopping, playing mini-games, NFTs, and M2E, among others.
Planet IX (DApp) - A Web3 NFT-based GameFi game that is currently one of the most popular games on Polygon. It consistently tops the Polygon ecosystem rankings, indicating a very high level of user activity.
The Graph (DApp) - At the end of August, The Graph community decided to expand through Arbitrum, aiming to enhance The Graph's accessibility within the Web3 ecosystem and reduce Gas costs. With the release of new L2 transfer tools, The Graph's core development team has entered the third phase of the Arbitrum expansion. The project team recently attended an offline blockchain event in India. The project is infrastructure-focused, and it continues to develop despite the ongoing bear market. The project's token, GRT, has been listed on Bitget.
LayerZero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has added "ZRO withdrawal" support to its 18 existing chains.
PipeFlare (DApp) - PipeFlare is a P2E game supported by renowned investors in the blockchain field, such as DCG and Horizen Labs. Players can buy and sell NFTs that are minted in limited quantities on PipeFlare's NFT marketplace. PipeFlare's exclusive Pyro NFT also offers users benefits like staking bonuses.
DEFY (DApp) - DEFY is a location-based augmented reality (AR) mobile game built on the Polygon Layer 2 platform. It combines play-to-earn and learn-to-earn models. The game also offers a free-to-play option for users.
Alcor.exchange (DApp) - Alcor Exchange is a highly flexible decentralized exchange (DEX) characterized by its self-listing feature. Established in 2020, the exchange has been committed to offering users a diverse range of trading pair options. It pioneered the self-listing and fully on-chain DEX on the EOS blockchain, enabling users access to extensive pairings on WAX, EOS, Proton, Telos, and BOS.
Magic Eden (DApp) - Magic Eden is recognized for its user-friendly interface, rapid processing times, robust security, and an array of standout features that simplify the buying and selling experience. For instance, Magic Eden collaborates closely with creators via its Launchpad, assisting them in crafting, minting, marketing, and successfully launching projects. Designed specifically for trading non-fungible tokens (NFTs), Magic Eden operates as a peer-to-peer marketplace built on the Solana chain.
Maestro (DApp) - Maestro is a renowned on-chain bot, and the crypto community highly favors that. With the advantage of being an early player in the market, Maestro has established a substantial user base. Currently, Maestro's daily transaction fees have increased to previous high points, ranging between US$150,000 and US$200,000, which helps it maintain its top position in the BOT sector.
PancakeSwap (DApp) - PancakeSwap announced the launch of two transformative features: Gauges Voting and veCAKE. Gauges Voting enables veCAKE holders to influence the distribution of CAKE issuance across key products on the BNB Chain, Ethereum, and Arbitrum. veCAKE holders can directly decide the allocation of CAKE issuance in each pool, thereby rewarding specific liquidity pools and projects.
Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross- margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It has recently completed its TGE, and the VRTX token was initially listed on Bitget, Bybit, and KuCoin exchanges. The platform has a 24-hour trading volume of US$237 million and an open interest volume of US$12.8 million.

4.Twitter Hot Topics:

NXRA (Token) - Serving as an infrastructure in the decentralized asset tokenization markets, NXRA facilitates compliant and effective tokenization of assets for businesses. The project has recently enhanced its engagement in the RWA sector through collaborations with real-world businesses. Over the last month, the token's price has surged by 100%, with its 24-hour trading volume reaching US$2.3 million and a market cap of US$110 million.

5.Regional Trending Searches:

XEN (Token) - XEN founder Jack Levin's new project, the XONE token has been fully minted and currently has a market cap of US$2.5 million. The minting rules specify that each wallet is allowed only a single minting opportunity. To mint 10,000 XONE tokens, one must hold either 10 VMPX or 1 million XEN. Without these holdings, the limit is set at 1000 XONE tokens, resulting in an increased demand for XEN. However, this rule had a limited impact on XEN, with its price falling by 20% over the last 7 days. It has a 24-hour trading volume of US$3 million.
PYTH (Token) - Pyth Network, a decentralized oracle service, was listed on multiple exchanges on November 20 and completed its retrospective airdrop distribution. After experiencing several price fluctuations, it has risen 22% in the past 24 hours, with a trading volume of US$220 million, indicating extremely high market participation.

Main Body

Written by: Bitget Research
Data collection time: November 24, 10:30
Data sources: Dune, DApps, Twitter, Google
Note:
1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.
2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.
3) DApp daily activity (UAW: unique active wallets)
4) TGE (Token Generation Event)
5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 0
SATS (Token) - Currently one of the most actively traded BRC-20 tokens, SATS has a 24-hour total trading volume of approximately US$12.16 million, with the price experiencing a decline of over 13%. It is listed on multiple centralized exchanges.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data
Total active users on ETH: 416,253
New active users on ETH: 88,303, with a daily increase of 9.68%
Existing active users on ETH: 327,950, with a daily decrease of 4.04%
2.1.2 New User Profile
Core data: There were a total of 88,303 new active users on ETH yesterday, with a daily increase of 9.68%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 1
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 2
Key Projects:
ChangeNow (DApp) - This is a non-custodial cryptocurrency and fiat exchange where users can trade over 200 tokens with no registration or trading limits. The project integrates DeFi and CeFi, with an average exchange time of 5 minutes, and has a very active on-chain trading volume.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 327,950, with a daily decrease of 4.04%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 3
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 4
Key Projects:
Blast (DApp) - The Layer 2 network Blast, launched by Blur's founder Pacman, currently holds a total asset value of over US$350 million in its contract address. The two largest assets are ETH and stETH, valued at US$236 million and US$70 million, respectively. The network has attracted funds from 62,790 addresses.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 5
froge (Token) - This meme, based on a frog sticker on an OpenAI engineer's laptop, has a commendable popularity on the chain. Last night at 8 PM, it saw an increase of approximately 10x in value, with liquidity of 400,000 and a market cap of US$1.68 million. The liquidity is locked, and the contract has been renounced.
2.2.2 Uniswap V3
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 6
RLB (Token) - Yesterday, RLB experienced a significant sell-off, with a whale address 0x915 selling 8 million RLB tokens 15 minutes ago in exchange for 1.43 million USDC. This activity led to a 4% decrease in RLB's price.

2.3 Popular NFTs

2.3.1 Top NFT Collections
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 7
Bored Ape Yacht Club (NFT) - According to Dune data, the trading volume of Bored Ape Yacht Club reached $4.13 million yesterday, showing a slight decline compared to previous levels.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data
Total active users on BSC: 1,000,046
New active users on BSC: 147,738, with a daily decrease of 10.93%
Existing active users on BSC: 852,308, with a daily increase of 1.20%
3.1.2 New User Profile
Core data: There were a total of 147,738 new active users on BSC yesterday, with a daily decrease of 10.93%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 8
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 9
Key Projects:
TinyTap (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. TinyTap offers a no-code platform, enabling educators to create and share interactive educational content and earn a share of the revenue when learners utilize their content. Creators can craft TinyTap content and activities via TinyTap's iPad application or its website. TinyTap is accessible on iOS, Android, and web platforms.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 852,308, with a daily increase of 1.20%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 10
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 11
Key Projects:
PlaybuxQuest (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase. Users can select merchants from the activity page and shop as usual. It also offers opportunities through shopping, playing mini-games, NFTs, and M2E, among others.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 12
Metameme (Token) - In just one day since its launch, the token attracted over 1100 holders, and reached a trading volume of US$4.25 million and 3733 transactions. The project's contract has been renounced. It enjoys a commendable level of popularity both on the chain and on social media, but it is currently undergoing a substantial decrease in value. It is essential to monitor its subsequent performance.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data
Total active users on Polygon: 382,310
New active users on Polygon: 74,078, with a daily decrease of 16.11%
Existing active users on Polygon: 308,232, with a daily decrease of 22.73%
4.1.2 New User Profile
Core data: There were a total of 74,078 new active users on Polygon yesterday, with a daily decrease of 16.11%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 13
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 14
Key Projects:
Inscription mint (Token) - The launch of POLS in the trading market has led to heightened interest in inscription activities on the Polygon chain. As a result, the frequency of minting and trading inscriptions has significantly increased.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 308,232, with a daily decrease of 22.73%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 15
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 16
Key Projects:
Planet IX (DApp) - A Web3 NFT-based GameFi game that is currently one of the most popular games on Polygon. It consistently tops the Polygon ecosystem rankings, indicating a very high level of user activity.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 17
LINK (Token) - Yesterday, smart money began buying LINK, with a whale address starting with 0x54f withdrawing 1.04 million LINK tokens (worth approximately US$15.3 million) from Coinbase. Notably, this whale completed its first LINK transaction on November 9, realizing a profit of US$6 million (+76.6%).

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data
Total Active Users on Arbitrum: 223,162
New Active Users on Arbitrum: 25,096, with a daily decrease of 8.31%
Existing Active Users on Arbitrum: 198,066, with a daily increase of 4.97%
5.1.2 New User Profile
Core data: There were a total of 25,096 new active users on Arbitrum yesterday, with a daily decrease of 8.31%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 18
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 19
Key Projects:
The Graph (DApp) - At the end of August, The Graph community decided to expand through Arbitrum, aiming to enhance The Graph's accessibility within the Web3 ecosystem and reduce Gas costs. With the release of new L2 transfer tools, The Graph's core development team has entered the third phase of the Arbitrum expansion. The project team recently attended an offline blockchain event in India. The project is infrastructure-focused, and it continues to develop despite the ongoing bear market. The project's token, GRT, has been listed on Bitget.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 198,066, with a daily increase of 4.97%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 20
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 21
Key Projects:
LayerZero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has added "ZRO withdrawal" support to its 18 existing chains.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 22
UNI (Token) - Following the increase in Uniswap's value, investors have started taking profits. The 1inch team liquidated their entire holding of 420,828 UNI tokens at an average price of US$6.29 per token, converting them into 2.64 million USDC. The UNI token has relinquished its gains for the day.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data
Total Active Users on Base: 57,775
New Active Users on Base: 7,844, with a daily decrease of 17.30%
Existing Active Users on Base: 49,931, with a daily decrease of 5.87%
6.1.2 New User Profile
Core data: There were a total of 7,844 new active users on Base yesterday, with a daily decrease of 17.30%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 23
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 24
Key Projects:
Fren Pet (NFT) - A new NFT project on the Base chain. Fren Pet is a cross-chain pet simulation game inspired by Friend.tech and developed jointly by Adam (@surfcoderepeat) and Cadu (@cadu_veloso). Some influencers are actively promoting the project on social media. Currently, the DApp shows average stability, with instances of downtime that were quickly resolved. It is worth keeping an eye on for future developments.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 49,931, with a daily decrease of 5.87%
Popular Sectors
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 25
Popular Projects
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 26
Key Projects:
Friend.Tech (DApp) - Recently, a significant number of genuine accounts on Friend.tech were mistakenly identified as bots, resulting in these accounts not receiving their weekly points allocation. The community has observed that accounts using default usernames from Twitter, or those combining letters and numbers, are more likely to be flagged as bots by Friend.tech. Over the past week, the protocol's TVL has decreased from a high of US$47 million to the current US$31 million.

7. DApp Ecosystem - All Chains

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 27
PipeFlare (DApp) - PipeFlare is a P2E game supported by renowned investors in the blockchain field, such as DCG and Horizen Labs. Players can buy and sell NFTs that are minted in limited quantities on PipeFlare's NFT marketplace. PipeFlare's exclusive Pyro NFT also offers users benefits like staking bonuses.

8.DApp Ecosystem - ETH Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 28
UAW fluctuations of all the projects are within the normal range.

9.DApp Ecosystem - BSC

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 29
Galxe (DApp) - Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data.

10.DApp Ecosystem - Polygon Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 30
DEFY (DApp) - DEFY is a location-based augmented reality (AR) mobile game built on the Polygon Layer 2 platform. It combines play-to-earn and learn-to-earn models. The game also offers a free-to-play option for users.

11.DApp Ecosystem - WAX Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 31
Alcor.exchange (DApp) - Alcor Exchange is a highly flexible decentralized exchange (DEX) characterized by its self-listing feature. Established in 2020, the exchange has been committed to offering users a diverse range of trading pair options. It pioneered the self-listing and fully on-chain DEX on the EOS blockchain, enabling users access to extensive pairings on WAX, EOS, Proton, Telos, and BOS.

12.DApp Ecosystem - Solana Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 32
Magic Eden (DApp) - Magic Eden is recognized for its user-friendly interface, rapid processing times, robust security, and an array of standout features that simplify the buying and selling experience. For instance, Magic Eden collaborates closely with creators via its Launchpad, assisting them in crafting, minting, marketing, and successfully launching projects. Designed specifically for trading non-fungible tokens (NFTs), Magic Eden operates as a peer-to-peer marketplace built on the Solana chain.

13.DApp Ecosystem - Arbitrum Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 33
Galxe was described earlier in the report. UAW fluctuations of the other projects are within the normal range.

14.DApp Ecosystem - Base Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 34
UAW fluctuations of all the projects are within the normal range.

15.DApp Ecosystem - GameFi Sector Across All Chains

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 35
PipeFlare and Defy were described earlier in the report.

16.Gas Fee Consumption - ETH Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 36
Maestro (DApp) - Maestro is a renowned on-chain bot, and the crypto community highly favors that. With the advantage of being an early player in the market, Maestro has established a substantial user base. Currently, Maestro's daily transaction fees have increased to previous high points, ranging between US$150,000 and US$200,000, which helps it maintain its top position in the BOT sector.

17.Gas Fee Consumption - BSC

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 37
PancakeSwap (DApp) - PancakeSwap announced the launch of two transformative features: Gauges Voting and veCAKE. Gauges Voting enables veCAKE holders to influence the distribution of CAKE issuance across key products on the BNB Chain, Ethereum, and Arbitrum. veCAKE holders can directly decide the allocation of CAKE issuance in each pool, thereby rewarding specific liquidity pools and projects.

18.Gas Fee Consumption - Polygon Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 38
No special applications have emerged on Polygon.

19.Gas Fee Consumption - Arbitrum Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 39
Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It has recently completed its TGE, and the VRTX token was initially listed on Bitget, Bybit, and KuCoin exchanges. The platform has a 24-hour trading volume of US$237 million and an open interest volume of US$12.8 million.

20.Gas Fee Consumption - Base Chain

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 40
Friend.Tech (DApp) - Recently, a significant number of genuine accounts on Friend.tech were mistakenly identified as bots, resulting in these accounts not receiving their weekly points allocation. The community has observed that accounts using default usernames from Twitter, or those combining letters and numbers, are more likely to be flagged as bots by Friend.tech. Over the past week, the protocol's TVL has decreased from a high of US$47 million to the current US$31 million.

21.Top Trending Tokens on Twitter

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 41
NXRA (Token) - Serving as an infrastructure in the decentralized asset tokenization markets, NXRA facilitates compliant and effective tokenization of assets for businesses. The project has recently enhanced its engagement in the RWA sector through collaborations with real-world businesses. Over the last month, the token's price has surged by 100%, with its 24-hour trading volume reaching US$2.3 million and a market cap of US$110 million.

22.Google Trends - Global

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 42
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 43
XEN (Token) - XEN founder Jack Levin's new project, the XONE token has been fully minted and currently has a market cap of US$2.5 million. The minting rules specify that each wallet is allowed only a single minting opportunity. To mint 10,000 XONE tokens, one must hold either 10 VMPX or 1 million XEN. Without these holdings, the limit is set at 1000 XONE tokens, resulting in an increased demand for XEN. However, this rule had a limited impact on XEN, with its price falling by 20% over the last 7 days. It has a 24-hour trading volume of US$3 million.
PYTH (Token) - Pyth Network, a decentralized oracle service, was listed on multiple exchanges on November 20 and completed its retrospective airdrop distribution. After experiencing several price fluctuations, it has risen 22% in the past 24 hours, with a trading volume of US$220 million, indicating extremely high market participation.

23.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 44
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 45
a) South Asia Region
India Trends: EOS, ICE, GRT, CGPT, AVAX
Pakistan Trends: Exchange, FUD, Coinmarketcap, ETF
b) Southeast Asia Region
Malaysia Trends: Coingecko, Price, LUNC
Vietnam Trends: Crypto news, Coingecko, Crypto bubbles
Singapore Trends: PYTH, DYDX
c) East Asia and Hong Kong, Macau, and Taiwan
Trends: Crypto Trading, Blast

24.Google Trends Surge - English-speaking Countries, Europe, CIS Region

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 46
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 47
a) CIS Region
Trends: Crypto bubbles, Blast
b) English-speaking Countries
Australia Trends: Cortex, HBAR, AI, LINK, GRT, XRP
UK Trends: CFG, PENDLE, Star atlas
USA Trends: CSPR, LINK, RADIX, 0X0, PARSIQ, HNT
Canada Trends: Nvidia, XEN, RWA, ANKR, GRT
c) Europe
France Trends: IMX, Sorare, HTM, Goldfinch, ORCA, XNA
Poland Trends: XEN, DEX, Celestia, BTC, PYTH
Switzerland Trends: Crypto Bubbles, Finance, Ether
Turkey Trends: WAVES, Uniswap, DOGE, BTC
Germany Trends: Bitget, PYTH, Polygon, XEN
Italy Trends: Monero, Uniswap, INJ, IOTEX, SEI, ROSE

25.Google Trends Surge - Middle East, Latin America, Africa

Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 48
Bitget Research: Gas Fees on Fantom Chain Skyrocket Due to Inscription Minting, Blast Network TVL Surpasses US$300 Million image 49
a) Africa
South Africa Trends: Trading Platform, Wallet
Nigeria Trends: Wakket, Project, ARAGON
b) Middle East
UAE Trends: Crypto Bubbles, Crypto News, Polygon
c) Latin America
Brazil Trends: BOMB, PENDLE, DOGE
Argentina Trends: SOL, PEPE, DAI

References

1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview
2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview