Newblock
  • News
    • Bitcoin
    • Ethereum
    • XRP
    • Solana
    • Cardano
    • Blockchain News
    • Press Releases
    • Events
  • Analysis
    • Market Analysis
    • Price analysis
  • Ranking
No Result
View All Result
  • Login
Buy crypto
Newblock
  • News
    • Bitcoin
    • Ethereum
    • XRP
    • Solana
    • Cardano
    • Blockchain News
    • Press Releases
    • Events
  • Analysis
    • Market Analysis
    • Price analysis
  • Ranking
No Result
View All Result
Newblock
Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

January 15, 2022
in Bitcoin News
404 26
0
Share on FacebookShare on Twitter

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen seven-day gains improving from the week prior’s price slump.

Defi TVL Jumps 2.3% Higher This Week

Today’s top smart contract platform tokens are up in value against the U.S. dollar according to weekly statistics. The top three tokens, ethereum (ETH) jumped 5.1% this past week, binance coin (BNB) spiked 11.4%, and solana (SOL) increased 8.7%.

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%
Top ten smart contract platforms in terms of market valuation on January 15, 2022.

Out of the top nine, the biggest gainers like near (NEAR) increased 31.3% and terra (LUNA) jumped 23.5% this week. Polygon (MATIC) made an impressionable 15.5% jump and polkadot (DOT) increased by 10.3% against the U.S. dollar.

On January 15, the TVL in defi today is 2.34% higher than it was on January 8, when the TVL metric was $233.95 billion. Today, there’s $239.44 billion and $146.54 billion is held on the Ethereum blockchain. Ethereum’s defi dominance, in terms of TVL, is 62.63% of the total value locked in decentralized finance on Saturday.

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%
The total value locked in decentralized finance on January 15, 2022.

The second-largest TVL belongs to Terra as the network commands $19.01 billion, but that’s only 8.12% of the aggregate TVL in defi. While Terra’s TVL in defi jumped 22.03% this week, it is followed by Binance Smart Chain (BSC) with $15.21 billion.

Meanwhile, Fantom’s TVL jumped higher than Terra’s this past week increasing 26.33% to $7.12 billion. Osmosis (OSMO) increased 18.60% this week rising to a $1.36 billion TVL in its defi protocols.

A number of defi chains saw TVL increases this week except for Ethereum, BSC, and HECO. Defi chains that saw TVL increases include Terra, Avalanche, Solana, Fantom, Polygon, Tron, Arbitrum, Cronos, Osmosis, Klaytn, Waves, and Harmony.

Ethereum NFT Sales Dominate, Cross-Chain Bridge TVL Increases 4.6% in 30 Days

In terms of non-fungible token (NFT) sales across the myriad of blockchain networks, Ethereum is the most dominant chain. Ethereum’s NFT sales are followed by NFT sales on networks like Solana, Ronin, Flow, and Wax.

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%
NFT sales volumes by blockchain on January 15, 2022.

Ethereum’s NFT sales saw a 51.29% increase during the last 24 hours while Tezos NFT sales jumped by 33.16% during the last day. Moreover, the Looksrare NFT marketplace is still seeing a lot more daily volume than Opensea’s 24-hour NFT volume.

During the last day, Looksrare’s volume was $504.37 million while Opensea’s recorded 24-hour volume was $166.09 million. The total value locked (TVL) in cross-chain bridges is $25.03 billion on Saturday which is up 4.6% over the last 30 days.

The top five largest TVLs in cross-chain bridges include Polygon ($6.3B), Avalanche ($5.5B), Ronin ($4.9B), Arbitrum ($3.2B), and Fantom ($1.9B).

Source link

You might also like

G7 Countries Crypto

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

March 5, 2022
Coinbase CEO Russians Crypto

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses

March 5, 2022

Related News

G7 Countries Crypto

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

by Editorial Team
March 5, 2022
1

G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions....

Coinbase CEO Russians Crypto

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses

by Editorial Team
March 5, 2022
1

The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their...

Bitcoin Mining Difficulty Drops

Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

by Editorial Team
March 5, 2022
1

Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time...

Arbitrum Treasure DAO hack

Attacker Hacks Arbitrum’s Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit

by Editorial Team
March 5, 2022
1

A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33...

Next Post
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get daily news updates to your inbox!

Popular

  • crypto price analysis

    BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

    21678 shares
    Share 8671 Tweet 5420
  • Google Launches Blockchain Division

    5331 shares
    Share 2131 Tweet 1332
  • Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse

    972 shares
    Share 389 Tweet 243
  • GAIMIN Brings Blockchain and NFTs to Minecraft – Press release Bitcoin News

    957 shares
    Share 383 Tweet 239
  • Coinbase exec says major Ethereum scaling improvements coming soon

    923 shares
    Share 369 Tweet 231

Recommended

digital euro

New regulations, the digital euro and NFTs on the rise

January 25, 2022
DBS crypto

Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors

February 17, 2022
Newblock

Newblock is a blockchain news service that covers bitcoin and altcoin news, technical analysis & forecasts for bitcoin price and other altcoins.
© 2022 Newblock

Navigate Site

  • Blockchain news
  • Crypto Analysis
  • Ranking
  • Media Partnerships
  • Privacy Center
  • Contact Us
  • Donate

Follow Us

No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • XRP
    • Cardano
    • Solana
    • Blockchain News
    • Press Releases
    • Events
  • Analysis
    • Market Analysis
    • Price analysis
  • Ranking
  • Buy Crypto
  • Privacy Center
  • Contact Us
  • Donate

Newblock is a blockchain news service that covers bitcoin and altcoin news, technical analysis & forecasts for bitcoin price and other altcoins.
© 2022 Newblock

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.