Cryptowitc
2024/11/24 13:50
two type of nitice yesterday i raed
Notice of delisting of 46 spot trading pairs on December 6, 2024
Dear Bitgetter,
Bitget is delisting a total of 46 trading pairs on December 6, 2024, 10:0 (UTC). Details are as follows:
1.Delisting spot trading pair(s): ARTFI/USDT,ARTY/USDT,ROOST/USDT,OFN/USDT,RUNESX/USDT,NAVI/USDT,DOPE/USDT,LAKE/USDT,REACH/USDT,WALV/USDT,ZAI/USDT,HLG/USDT,DMTR/USDT,BEFI/USDT,ASM/USDT,BBL/USDT,KOKO/USDT,SOPH/USDT,GBTC/USDT,UDS/USDT,ORBK/USDT,NAO/USDT,ATS/USDT,CAU/USDT,SORA/USDT,VIA/USDT,XDB/USDT,LITT/USDT,F3/USDT,DIS/USDT,GRPH/USDT,ROSX/USDT,TIME/USDT,COM/USDT,FAVR/USDT,VMINT/USDT,AINN/USDT,NVIR/USDT,PUSH/USDT,ZKB/USDT,TSUKA/USDT,CATGPT/USDT,ABT/USDT,WNXM/USDT,GMEE/USDT,EPIK/USDT
m i wrong
CRYPTOWORLD007
2024/11/02 09:53
➡️Weekly Update on Layer 1: Altcoin Decline Affects TVLs, but $SUI Shows Resilience
Contents
Key Takeaways
Layer-1 Ecosystem Roundup
Sui Chain Update
Latest Sui News
Key Takeaways
Layer-1 TVL Decline: Major Layer-1 networks, such as Solana and Tron, faced TVL declines due to the ongoing altcoin market downturn. Polygon and Hyperliquid, however, bucked the trend, each showing notable weekly growth in TVL.
Ethereum's Dominance: Ethereum continues to dominate the Layer-1 space, boasting a higher TVL than all other Layer-1 networks combined, even though it has relatively few active addresses.
Sui's Resilience: Sui's new liquid staking solution, SpringSui, has increased ecosystem TVL, though many of its meme tokens are struggling. One standout, "aaa cat" (AAA), rose 31.8% in value.
Aptos Updates: Aptos announced the addition of native USDT and plans for a 2024 DevCon event, aiming to strengthen community ties and foster development.
Market Surge: Bitcoin soared past $70,000, with Dogecoin spiking in value while other meme coins struggled. Ethereum announced a major upgrade, which is anticipated to impact the broader Layer-1 ecosystem.
Layer-1 Ecosystem Roundup
Over the past week, most major Layer-1 networks experienced a decline in TVL, largely due to a cooling altcoin market. Among the top 10 Layer-1 blockchains by TVL, only two—Polygon and Hyperliquid—achieved positive TVL growth. Polygon’s TVL grew by 9.1%, while Hyperliquid saw a 4.1% increase. Meanwhile, Solana and Tron experienced TVL drops of 7.2% and 3.3%, respectively.
Over the last month, however, nine out of ten Layer-1 chains have seen TVL growth, showing resilience despite recent short-term challenges.
Ethereum still leads in both TVL and protocol count, maintaining a TVL higher than all other Layer-1s combined, even with a comparatively smaller number of active addresses. Notably, Avalanche and Binance Smart Chain exhibit high market cap to TVL ratios (mCap/TVL), with Solana at 13.06 and Binance Smart Chain at 18.48, compared to Ethereum’s 6.31. This ratio provides insight into the perceived value of each network in relation to the locked value within its ecosystem.
Sui Chain Update
Sui has managed to withstand recent market fluctuations relatively well. The $SUI token, in particular, has gained 7.7% over the last week, setting it apart from many other altcoins that saw declines. Currently, SUI is close to breaking into the top 20 cryptocurrencies by market capitalization, trailing just $15 million behind Polkadot (DOT) and LEO Token (LEO).
While many Sui-related meme coins experienced losses, one exception was "aaa cat" (AAA), which posted a notable 31.8% gain. Other Sui ecosystem projects, including Cetus Protocol (CETUS) and NAVI Protocol (NAVX), also performed well, with weekly gains of 32.3% and 12.1%, respectively.
Sui News Roundup
This week brought several exciting developments within the Sui ecosystem:
SpringSui Launch by SuiLend: SuiLend introduced SpringSui, a new framework aimed at enhancing liquid staking within the Sui blockchain. This initiative is designed to boost liquidity and create more yield opportunities within Sui's DeFi ecosystem. As of this report, SpringSui has exceeded $10 million in TVL, underscoring growing interest in Sui's staking solutions.
Additional Updates: In addition to SpringSui, the Sui ecosystem has been expanding with new partnerships and integrations that are expected to drive further adoption. More DeFi projects are being built on Sui, leveraging its scalability and low transaction fees to attract users in both the DeFi and NFT sectors.
With significant upgrades across multiple Layer-1 chains and ongoing developments in the Sui and Aptos ecosystems, the Layer-1 landscape remains dynamic. As Ethereum's upgrade rolls out, the competition among Layer-1 networks is set to intensify, making it a key area for investors and developers to watch closely.
Fareed-Ahmed
2024/11/02 06:53
Week in L1: Altcoin Slumps Hit L1 TVLs, But Sui Holds Strong
Contents
➡️TL;DR
➡️L1 Roundup
➡️Sui Chain Update
➡️Sui News Roundup
➡️TL;DR
Layer-1 TVL Down: Major layer-1s like Solana and Tron saw total value locked (TVL) declines amid altcoin market drops, while Polygon and Hyperliquid bucked the trend with notable weekly TVL growth.
Ethereum Dominates: The network maintains its lead in layer-1 TVL despite fewer active addresses, holding more TVL than all other layer-1s combined.
Sui Updates: Sui's recent liquid staking solution SpringSui boosts ecosystem TVL, while its meme coins struggle—except "aaa cat" (AAA), which saw a strong 31.8% gain.
Aptos Ecosystem Developments: Aptos' ecosystem saw the launch of native USDT and a DevCon 2024 brunch announcement, aiming to drive innovation and strengthen ties within its developer community.
The market is on fire again, with Bitcoin ($BTC ) topping $70K, Dogecoin (DOGE) exploding while other memes collapse, and the announcement of a major upgrade to Ethereum ($ETH ).
Ethereum’s major upgrade might shake things up, but alternative layer-1s are navigating their own challenges and growth. Let’s dive into how top L1s like Polygon, Sui and Aptos performed over the past week.
➡️L1 Roundup
In the last week, the vast majority of popular layer-1 chains experienced total value locked (TVL) shrinkage alongside the weakening of the altcoin market.
Of the top 10 largest L1s by TVL, just two have seen positive growth in TVL over the last week. Polygon and Hyperliquid saw their TVLs swell by 9.1% and 4.1% respectively, whereas Solana and Tron saw their TVLs shrink by 7.2% and 3.3% respectively.
Still, nine out of 10 L1 chains have grown their TVL over the last month.
Ethereum still leads the L1 race by both TVL and protocol count, with a higher TVL than all other layer-1s combined, despite seemingly having the fewest active addresses.
Avalanche and Binance Smart Chain stand out as having particularly high mCap/TVLs, with Solana currently sitting at 13.06 while Binance Smart Chain is at 18.48. For comparison, Ethereum is at 6.31.
Sui Chain Update
Despite weathering a large unlock late last month, Sui has held up relatively well in recent weeks. The token is currently among the minority of altcoins to trade in the green over the last week, up 7.7%.
$SUI is currently inches away from breaking into the top 20 tokens by market capitalization, with just $15 million in market cap separating it from leapfrogging Polkadot (DOT) and LEO Token (LEO).
Despite this, SUI memes haven’t quite kept up.
Four of the top five Sui memes are in the red over the last week, with the largest meme coin, Sudeng (HIPPO), down 8.7%, though aaa cat (AAA) has managed to buck the trend with a 31.8% return.
Besides Sui memes, a handful of Sui ecosystem projects also performed well. These include Cetus Protocol (CETUS) and NAVI Protocol (NAVX), which are up 32.3% and 12.1% respectively in the last week.
➡️Sui News Roundup
Some of this week’s biggest Sui ecosystem updates and developments include:
SuiLend Rolls Out Liquid Staking Solution: SuiLend has introduced SpringSui, an open-source framework designed to enhance liquid staking on the Sui blockchain. This initiative aims to boost liquidity and yield opportunities within the Sui DeFi ecosystem. At the time of writing, the protocol has exceeded $10 million TVL.
Ejirodkasanova
2024/10/31 21:06
Suilend launches SpringSui to accelerate liquid staking on Sui
Suilend, a decentralized finance lending and borrowing platform, has launched a new liquid staking standard for layer 1 blockchain network Sui.
The DeFi platform announced the launch of SpringSui on Oct. 31, noting in a press release sent to crypto.news that the new standard aims to accelerate the growth of liquid staking tokens on Sui Sui
SUI
-3.66%
Sui.
According to the Suilend team, SpringSui builds on the recent SIP-31 and SIP-33 upgrades, which introduced a new token standard for liquid staking tokens on the layer 1 network. Following the deployment of SpringSui, Suilend has unveiled its first LST – Spring SUI.
Spring SUI will strengthen Sui’s staking ecosystem by allowing more web3 users to participate, while also supporting both liquidity and yield generation. These opportunities are available on Suilend and other decentralized finance protocols.
According to Rooter, founder of Suilend, the growth of liquid staking tokens benefits from leveraged staking, an area SpringSui is designed to enhance.
“I think SpringSui will unlock a new era for liquid staking on Sui,” Rooter commented.
Notably, the liquid staking market on Ethereum Ethereum
ETH
-6.17%
Ethereum has grown to 41%, with Ether.fi among key drivers. Elsewhere, LSTs account for about 6.6% of the staking market on Solana Solana
SOL
-4.35%
Solana. Comparatively, its only 1.8% on Sui amid a slow take off.
To accelerate this market’s growth on Sui, Suilend has open-sourced the SpringSui Standard, making the framework accessible to the entire Sui ecosystem.
Aftermath, a prominent liquid staking token provider on Sui, is among the first to adopt the new framework for its product offerings.
According to DeFiLlama, the total value locked in Sui protocols is currently $1.47 billion. NAVI Protocol holds the largest share with $436 million, while Suilend is second with $277 million.
Meanwhile, the combined TVL of the liquid staking market is nearly $48.2 billion.