It marks the third straight week that Ethereum products have seen outflows, bringing the total over that time to $59.3 million, equal to around 35% of the year-to-date outflows of $169 million from the second-largest blockchain.
Notably, investors also favored digital gold last week despite some recent hesitancy, with Bitcoin products fetching $2.6 million worth of inflows. Over the past 10 weeks, inflows to Ethereum products have reached only $68.5 million in what could signal a bearish trend by institutions towards the major blockchain.Alternate layer 1 blockchains have been growing in popularity recently, decentralized application usage on Solana in the last 7 days has increased according to metrics from
. Usage for the decentralized exchange Orca has grown nearly 43% over the week, and automated market maker Raydium has seen a 15.5% increase, with volume in its app reaching over $1.5 billion.
XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.
He does not oppose in any way. Judging by my chart on Bitfinex, ETH is turning into a shit coin.
XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.
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