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Pyth Network Surpasses 120,000 Stakers | Cryptocurrency Trends

Tommy, Bitget Research
2024/01/29
Pyth Network Surpasses 120,000 Stakers | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Gemini Trust: Genesis Earn subscribers vote to accept the proposed restructuring plan.
  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Binance, OKX, Bitget, Bybit, KuCoin, and other CEXes did not announce any listings this weekend.

2. Cryptocurrency Trends:

  • Eigenpie opens an LST pre-deposits window, ending on February 10, for users to restake their stETH, rETH, mETH, and sfrxETH in Eigenpie.
  • Jupiter's 24-hour trading volume reached around $388 million on Sunday, overtaking Uniswap V3 as the top DEX. The surge was driven by $WEN airdrops and high trading enthusiasm.
  • Pyth Network surpasses 120,000 stakers, with 683 million PYTH staked (around $276 million).
  • Orbiter Finance, a Layer 2 cross-chain protocol, announces its rebrand to the ZK-based Orbiter Rollup, which will serve as an infrastructure layer for Ethereum, with a focus on working toward interoperability and improving capital utilization.
  • friend.tech: The final weekly point distribution for the beta will take place. The remaining 10 million points will be distributed in V2.
  • OpenSea CEO: The company has received and is open to acquisition interest.
  • Injective posts that a new ecosystem DApp will be launched on its mainnet next week.
  • Pudgy Penguin launches the beta of its IP licensing platform OverpassIP, along with Chapter 2 of Pudgy Toys, a real-life collectible brand based on the Pudgy Penguin IP.
  • The dYdX community votes to upgrade the protocol software on the dYdX Chain to v3.0.
  • Earnifi, an airdrop information aggregation platform, fully merges with Bankless and rebrands to Claimables.

3. Financing Trends:

  • Mon Studios, a blockchain game developer, raises $1.35 million in a funding round with participation from founders and executives of Momentum 6 and Animoca Brands, YGG, and others.
  • bitSmiley, a Bitcoin DeFi ecosystem project, closes its first round of token funding led by OKX Ventures and ABCDE, with participation from CMS Holdings, Foresight Ventures, and others.

4. Regulatory Trends:

No trends of note.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.