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Measuring Blockchain Adoption, Utility, and Health with On-Chain Transaction Volume

Conversely, during bearish periods, trading volumes start to dwindle, with bursts of activity around periods of deleveraging. Uncertainty, negative news, regulatory crackdowns, or market corrections often lead to a decline in trading. Investors might adopt a wait-and-see approach, leading to decreased transaction volumes, and they might move their assets to

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Badger DAO utility token surges amid Binance Futures launch

The Badger DAO utility token, BADGER, has skyrocketed in value thanks to cryptocurrency exchange Binance. Badger DAO (BADGER) is a decentralized autonomous organization (DAO) with a single purpose: to create the products and infrastructure needed to accelerate the use of Bitcoin (BTC) as collateral for other blockchains. In 24 hours, BADGER saw

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NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director Yemel Jardi told Cryptox. “Rather, it’s maturing."Jardi’s comments come

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Cardano and Tron bullish, Kangamoon bringing utility to meme coins

Cardano (ADA) and Tron (TRX) are established projects that are currently stable. Meanwhile, a new play-to-earn (P2E) meme coin project, Kangamoon, has captured investor attention. Summary: ADA recently recovered above $0.25. TRX is bullish; the RSI reading is above 47.01 Kangamoon’s no-tax model places the project ahead of emerging P2E games. Cardano is building momentum ADA

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Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk

The United Kingdom-registered address for an entity of one of the world’s largest crypto exchanges, Binance, is nothing but a tiny building in Britain’s east that is shared by thousands of other companies. On June 19, a post on the r/buttcoin subreddit showed the so-called “utility closet” Binance Ltd and

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