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Base Network TVL Reaches A New High of >$4.5 Billion | Cryptocurrency Trends

Victoria, Bitget Research
2024/04/09
Base Network TVL Reaches A New High of >$4.5 Billion | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance will be updating its Fiat Liquidity Provider Program at 8:00 AM, April 10, 2024 (UTC+8).
  • Coinbase will add support for Tensor (TNSR) on the Solana network (SPL token).
  • Binance will advance the launch of Saga (SAGA).

2. Cryptocurrency Trends:

  • The Base Network's TVL reaches a new high of >$4.5 billion.
  • The floor price of Runestone (a Bitcoin NFT project) has soared to 0.085 BTC, reaching a market cap of $682 million.
  • The NEAR Foundation launches the Infrastructure Committee, with $4 million earmarked for projects aimed to strengthen its key infrastructure.
  • Web3 social media protocol Farcaster reached $1 million in cumulative revenue.

3. Financing Trends:

  • Venture capital firm Sora Ventures completed the successful raise of $3 million to launch a Runes Liquid Fund.
  • Spotlight, a gamified on-chain trading platform, announced the completion of a $2 million financing round, with Folius Ventures participating.
  • Blockchain expansion infrastructure provider Lumoz has completed a $6 million pre-A round of financing at a valuation of $120 million, with participation from OKX Ventures.
  • Ritual, a decentralized AI network project, has secured a multi-million dollar investment from Polychain Capital.

4. Regulatory Trends:

  • The US Securities and Exchange Commission (SEC) defers decision on Bitwise and Grayscale Bitcoin ETF options.
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.