Pixels Game Token Hits $1.2 Billion in Trading Volume
The Pixels gaming platform’s token achieved a major milestone by reaching a $1.2 billion trading volume shortly after its release. This accomplishment showcases the growing influence of blockchain gaming economies and the transformative potential of blockchain technology within the gaming industry. (Decrypt)
OpenAI's Sora Announcement Sparks Rally in AI Tokens
Following OpenAI's launch of Sora, a revolutionary AI that converts text into photorealistic video, the market for AI tokens surged. This development fueled enthusiasm and investment in AI-powered projects, highlighting the growing impact of AI in reshaping multiple sectors. (Blockworks)
Solana DeFi Hits Record $2 Billion in Value Locked
Solana’s DeFi ecosystem reached $2 billion in total value locked (TVL) for the first time since June 2022, reflecting renewed investor interest and growth in Solana-based DeFi protocols, further solidifying its place in the DeFi landscape. (Decrypt)
ApeCoin DAO Plans ApeChain Network on Arbitrum
ApeCoin DAO announced plans to create ApeChain on Arbitrum, aiming to boost scalability and reduce transaction costs for its community. The move reflects ApeCoin DAO’s commitment to enhancing user experiences through improved blockchain infrastructure. (Crypto News)
Circle Announces Discontinuation of USDC Support on Tron Network
Circle will discontinue USDC support on the Tron blockchain to focus on regulatory compliance and prioritize other networks like Ethereum and Algorand, where USDC continues to be supported. (Watcher.Guru)
Liquid Restaking Protocols Reach $3 Billion TVL Milestone
Liquid restaking protocols, which let users earn staking rewards while maintaining liquidity, surpassed $3 billion in TVL, underscoring the growing demand for flexible DeFi staking solutions. (The Block)
Uniswap Foundation Unveils Plans for Uniswap V4 Launch
The Uniswap Foundation announced Uniswap V4, featuring upgrades like concentrated liquidity and better price oracles, set to improve user experience and efficiency on the platform in Q3. (Blockworks)
MetaMask Achieves Milestone with 30 Million Monthly Active Users
MetaMask reached 30 million monthly active users, underscoring its widespread adoption and pivotal role in supporting DeFi activities and blockchain technology integration. (BeInCrypto)
Optimism Completes Fourth Airdrop, Distributing Over $40 Million Worth of OP Tokens
Optimism successfully completed its fourth airdrop, distributing $41 million in OP tokens to reward and incentivize community engagement on its platform, reinforcing its position in Ethereum’s scalability solutions. (The Block)
