🚨 Grayscale launches Aave Trust, offering investors exposure to $AAVE

🚀 +93% in 3 months: why is aave outperforming the rest of the crypto market?

This success is linked to a renewed interest in #defi 🌐 , its dominance in the lending sector ($12.6 billion in TVL), and the fall of its competitor Curve Finance.

Its updates, such as the introduction of its stablecoin $GHO and its expansion to layer 2, have also increased its appeal.

4.6 million transactions in one day: Coinbase’s layer 2 Base breaks a record 🚀

The @base ecosystem has grown with the support of coinbase . Several major protocols like Curve, Aave, and Compound are now used on Base.

Coinbase also launched its own Wrapped Bitcoin, the $cbBTC , on #Ethereum and Base, driving activity on layer 2 ⛓️

The number of new addresses created every day shows that $BASE continues to gain popularity. Unlike competitors like Arbitrum, Base is growing rapidly

Opensea's homepage in 2018 - a great example of a first-mover in Web3.

Early entrants often define the standards and protocols for how things should be done in a new space. A lot of names could be mentioned to illustrate this: Uniswap, Aave, Yearn, Chainlink...

OpenSea leveraged network effects to become the dominant marketplace for NFTs, a fading narrative in 2024.

Hey Founder, what's your first-mover advantage ?

Source: http://web.archive.org/web...

Arcana Network presents its Chain Abstraction and opens registrations for its private beta 💡

The Chain Abstraction of ArcanaNetwork has just been integrated on 3 new protocols: Aave, Uniswap and Polymarkets

📊 Nearly 40,000 borrowers used aave last week, a new weekly record.

The summary of the news #crypto and US market

1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)

2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million

3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total

4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)

5) The Ta-Da application is available on iOS and Android

6) Aave offers a Lido stETH wstETH pool on its v3

7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company

8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)

9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points

10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL

11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency

12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps

13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday

14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework

15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion

16) The halving $BTC took place 100 days ago