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Base Network TVL Reaches New High of $2.3 Billion | Cryptocurrency Trends

Victoria, Bitget Research
2024/03/26
Base Network TVL Reaches New High of $2.3 Billion | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Regulators in the Philippines are taking steps to block local traders' access to Binance.
  • Bitget launches a 30-day BTC halving promotion with a 500,000 USDT prize pool.

2. Cryptocurrency Trends:

  • TrueFi, a DeFi credit protocol, launches the Trinity protocol to increase the capital efficiency of real-world assets (RWA). The new protocol will use the dollar-based TRI token.
  • The Base Network's TVL reaches a new high of >$2.3 billion.
  • The London Stock Exchange will accept applications for the listing of Bitcoin and Ethereum exchange-traded notes (ETNs) from April 8, 2024. The London Stock Exchange's proposed initial listing date is May 28, 2024, subject to the approval of the base prospectus by the U.K. Financial Conduct Authority (FCA).
  • CyberConnect launches a $2 million ecosystem funding program.
  • Venom testnet rewards will be available to claim from March 28, 4:00 PM (UTC+8).
  • Ethereum Layer2 TVL rallies to $37.97 billion, up 6.53% in 7 days.

3. Financing Trends:

  • GraphLinq, a blockchain ecosystem built for AI-powered on-chain automation and DApps, closes strategic round funding with participation from DWF Labs.
  • Binance Labs announces that it has invested in StakeStone, an omnichain liquidity distribution network.
  • BEVM, a BTC Layer 2 project based on Taproot Consensus, raises $10 million in seed and partial Series A funding, with a post-investment valuation of $200 million.

4. Regulatory Trends:

  • Ripple CEO Brad Garlinghouse confirms on social media that the U.S. Securities and Exchange Commission (SEC) will seek $2 billion in fines and penalties in its legal action against crypto token XRP.
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.