Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Coin98: Avalanches Q2 expenses and revenue totaled $3.5 million

Coin98: Avalanches Q2 expenses and revenue totaled $3.5 million

Odaily2024/07/08 06:03
By:Odaily
Odaily News Coin98 Analytics disclosed Avalanches second quarter financial report data this year. The main contents include: 1. Avalanches expenses and revenues in the second quarter totaled 3.5 million US dollars; 2. AVAX transaction volume reached an astonishing 42.5 billion US dollars, an increase of more than 165% compared with the same period last year; 3. Avalanche has conducted more than 101 million transactions in the second quarter, created 2.3 million new addresses in all subnets, and the total number of independent addresses reached more than 21 million, an increase of 92% over the same period last year; 4. Avalanche TVL is 710 million US dollars; NFT sales exceeded 28.3 million US dollars, a year-on-year increase of 10 times; the total market value of on-chain stablecoins reached 1.6 billion US dollars, of which USDT and USDC increased by 10.1% and 4.4% month-on-month respectively.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Why TradFi firms could turn to bitcoin margin loans: Maple CEO

Maple’s Sid Powell said that TradFi firms have been in contact with the firm about lending and borrowing in crypto

Blockworks2025/01/30 23:22

The Daily: ECB President Lagarde rejects bitcoin for Eurozone reserves while the Czech central bank considers it and more

European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.

The Block2025/01/30 21:34

'Inevitable collapse': Trump’s crypto push sparks concern at Paul Singer's Elliott Management: FT

The hedge fund said in a new investor letter that the “inevitable collapse” of the crypto bubble “could wreak havoc,” according to the Financial Times.Elliott’s Paul Singer has never been a fan of crypto, telling WSJ in 2023 that cryptocurrencies are “completely lacking in any value.”

The Block2025/01/30 21:34