In the past few days, meme coins have gained popularity as Bitcoin and Ethereum took a break. Pepe, a frog-themed meme coin, outperformed other meme coins such as Shiba Inu and Dogecoin with a 70% increase in the past 24 hours and weekly and monthly gains of 400% and 700%, respectively. Trading volumes for meme coins surged 3000% in the past week, with SHIB, FLOKI, PEPE, and BONK recording significant upticks in social dominance. The total market cap for meme coins surpassed $50 billion, with overall trading volume reaching $16 billion in the past 24 hours.
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Pepe Leads Meme Coin Surge with 3000% Trading Volume Increase and $50B Market Cap
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Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record
On April 29th, The Block data shows that as of April 28th, the trading volume of stablecoins on the Ethereum blockchain reached a record high of $1.08 trillion in April, with DAI trading volume ranking first at $578.07 billion, followed by USDC at $268.15 billion in second place, and USDT at $198.62 billion in third place. -
The total open interest of BTC contracts on the entire network dropped to $29.83 billion
According to Coinglass data, the total open position of BTC futures contracts on the entire network is 478,180 BTC, equivalent to 29.83 billion US dollars. -
An independent Bitcoin miner obtained the entire 3.125 BTC block reward by verifying block 841,286
On April 29th, independent mining pool ckpool's software engineer and administrator Con Kolivas posted on social media that a miner had mined the 282nd independent block in Bitcoin history. The miner's computing power at the time was about 120PH, which is equivalent to about 0.12 EH, with an average of about 12 PH per week, accounting for about 0.02% of the total network hash rate. -
The total open interest of Bitcoin contracts on the entire network reached US$30.62 billion
According to Coinglass data, the total open position of Bitcoin futures contracts on the entire network is 480,870 BTC (approximately $30.62 billion). -
Over $734 million worth of PYTH is staked
According to Dune data, there are currently 1,253,845,543 PYTH coins in a pledged state, with a total pledge value of $734,478,896. The number of PYTH pledgers has reached 159,165. -
This week, Memecoin will unlock over $140 million worth of MEME at one time
According to TokenUnlocks data, Memecoin will have a one-time large-scale token unlock this week, including: -
Over $155 million worth of MEME will be unlocked on May 3, accounting for 31.96% of the circulating supply
According to Token Unlocks data, 5.31 billion MEME tokens, worth over $155 million, will be unlocked on May 3, 2024, accounting for 31.96% of the circulating supply. These tokens will be unlocked and distributed to airdrops, advisors, and investors. -
The total open interest of BTC options is $17.83 billion, and the open interest of ETH options is $8.07 billion.
Coinglass data shows that the nominal value of unclosed BTC option positions on the entire network is 17.83 billion US dollars, which is the lowest point since February 26; the nominal value of unclosed ETH option positions is 8.07 billion US dollars, which is the lowest point since February 25. -
USDC circulation increased by $300 million in the past week, reaching a total of $33.3 billion
According to official data reported , as of April 25th, Circle has issued a total of 3.8 billion USDC and redeemed approximately 3.5 billion USDC in the past 7 days, with an increase in circulation of approximately 300 million US dollars. The total circulation of USDC is 33.3 billion US dollars, with a reserve of 33.5 billion US dollars, of which approximately 3.4 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 30.1 billion US dollars. -
Grayscale transferred more than 1,000 BTC to Coinbase Prime address again last night
According to Arkham data monitoring, the grayscale address transferred about 411 BTC to Coinbase Prime last night, and about 14 hours ago transferred 1003 BTC to Coinbase Prime address again, worth about $64.18 million.
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