Tag: dex

Crypto Market Sees Q1 Dip Amid Bitcoin Dominance and DEX Shifts

Crypto Market Sees Q1 Dip Amid Bitcoin Dominance and DEX Shifts

The cryptocurrency market experienced a significant downturn in the first quarter of 2025, with the total market capitalization dropping by -18.6% to $2.8 trillion. Bitcoin’s dominance almost hit 59.1%. Its price, though, fell 11.8% to end at $82,514 although it hit an all-time high of $106,182 in January. Ethereum’s market...

Solana Surpasses Ethereum in DEX Activity Amid TVL Surge

Solana Surpasses Ethereum in DEX Activity Amid TVL Surge

Now with the second-largest blockchain by total value locked (TVL), Solana has crazy $6.9 billion TVL. Part of this increase in TVL is due to a significant rise in decentralized application (DApps) usage. Furthermore, we have seen a significant increase in deposits across platforms contributing to the broader Solana ecosystem.First,...