$SOL surpasses $ETH as the top blockchain for new developers, attracting 7,625 in a year. Solana’s efficiency and low transaction costs drive its growth, powering 81% of decentralized exchange transactions and 64% of global NFT minting.
Polygon processes 579.97B gas units daily at just $65.48K, outpacing BNB Mainnet and Ethereum in cost-efficiency. As DeFi grows, Polygon’s scalable solution attracts users seeking low-cost transactions.
Base, a new blockchain platform, sees rapid growth, increasing daily active users from 437K to 642K in two days. With 2.766M daily transactions, Base is challenging @Solana by addressing Ethereum’s scalability. #Blockchain #Update
Newcomer Base is challenging Solana in the DeFi market, with daily active users surging from 437,214 to 642,630 in just two days! #DeFi #CryptoNews
Coinbase-backed Base surpasses Arbitrum and Optimism in daily transactions, hitting 2.7M on June 4. With 31.37 TPS and $7.64B TVL, it’s leading the Ethereum layer-2 networks. #Crypto #Blockchain
Degen Chain, an Ethereum layer-3 blockchain, experienced a two-day outage but has now resumed operations, with block indexing 95% complete. This incident underscores the importance of layer-3 networks in enhancing Ethereum’s scalability.
Solana has overtaken Ethereum in trading volume for the first time, recording $10.98 billion over the past week and capturing 34.8% of the DEX market, signifying a major shift in the DeFi landscape.
In April, crypto phishing attacks dropped by 46% to a yearly low of $38 million, marking a significant decline in crypto-related scams to a historic low of $25.7 million, as reported by Scam Sniffer.
