Gate Research: Solana TVL Surpasses $6.6 Billion, Avalanche Launches Crypto Payment Card

Gate Research Daily Report: October 23, Bitcoin (BTC) rose slightly by 0.08%, now trading at $67,224, while Ethereum (ETH) dropped 0.81% to $2,617. On October 22, U.S. Bitcoin spot ETFs saw a total net outflow of $79.09 million, while Ethereum spot ETFs recorded a net inflow of $11.94 million. Solana's Total Value Locked (TVL) recently reached $6.603 billion, its highest since January 2022. Bitcoin mining difficulty increased by 3.94% to 95.67 T, with the average network hash rate at 706.03 EH/s. Movement Labs partnered with the ERC-3643 Association to promote compliant real-world asset tokenization (RWA). Over the last 24 hours, three projects announced funding, raising over $15.9 million in total.

• Market Analysis: The price of BTC saw a slight increase of 0.08%, currently at $67,224, while ETH decreased by 0.81%, now at $2,617.
• Top Performers: The top-performing tokens in the past 24 hours are POKT, DMTR, and BIGTIME.
• Data Highlights: Solana's total value locked (TVL) recently rose to $6.603 billion, reaching its highest level since January 2022.
• Spotlight Analysis: Movement Labs has partnered with the ERC-3643 Association to promote compliant tokenization of real-world assets (RWA).
• Market Opportunities: Three projects have announced funding rounds, with the largest amount being $7 million, covering DeFi and NFT sectors.

Explore today's details 👉🏻 Gate Research: Solana TVL Surpasses $6.6 Billion, Avalanche Launches Crypto Payment Card

Gate Research
Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Click the Link to learn more

Download Gate App / Web Client now>>>
Follow us on Gate X (Twitter) to get more bonuses>>>
Join our Telegram to discuss hot topics>>>
Join our Global Community to get more updates>>>
We provide 100% proof of reserve>>>
Sign up to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from referrals

Gate Team
Oct 24th, 2024