Upbit 24-Hour Trading Volume Rankings: XRP, ETH, KAITO Take Top Three

On May 14th, cryptocurrency analyst ali_charts put forward that within the past three weeks, more than $350 billion has poured into the cryptocurrency market.

On May 14th. According to the on-chain analyst Yujin Monitoring, 20 minutes ago, the address receiving fee income from the Meme trading platform GMGN transferred 97,000 SOL (equivalent to 17.73 million USD) to Coinbase Prime.

On May 14th, based on HTX market data, RAY witnessed a surge of more than 21% in the past 24 hours and is currently trading at $3.715.

On May 14th, based on market data, Meme tokens in the Bitcoin ecosystem generally witnessed a rise. These include: SATS is currently priced at $0.0(7)7285, showing a 24-hour increase of 45.3%; ORDI is currently priced at $12.91, with a 24-hour increase of 23.8%; PIZZA is currently priced at $0.4955, having a 24-hour increase of 23.28%; RATS is currently priced at $0.000032, with a 24-hour increase of 12.3%.

On May 14th, as reported by The Block, Synthetix contributors have put forward a proposal to acquire the decentralized options protocol Derive (formerly known as Lyra) by exchanging SNX for DRV tokens. In the event that the proposal is approved, Synthetix will obtain Derive's treasury, technology, and product suite, and DRV holders will receive SNX tokens according to a predetermined schedule. According to the Synthetix Improvement Proposal (SIP-415), the proposed valuation for this transaction is $27 million. This proposal needs on-chain voting approval from the community. Synthetix's move is in line with its strategic focus on strengthening the protocol's capabilities through vertical integration on the Ethereum mainnet, especially as part of the Synthetix v4 upgrade. The Synthetix team stated in a blog post: "This acquisition will further expedite Synthetix's goal of becoming the leading perpetual contract engine on the Ethereum mainnet by integrating Derive's capabilities and tea

On May 14th, Bitget Onchain Trading initiated the trading of MEME tokens GOONC, NOODLE, Cycle, Dazhuang, BUDDY, FITCOIN, Glonk(bonk), and Glonk(pump) within the Solana ecosystem. Users are now able to commence trading on the on-chain trading segment. Bitget Onchain Trading endeavors to establish a seamless connection between CEX and DEX, thereby offering users a more convenient, efficient, and secure on-chain trading experience. Users can directly utilize their Bitget spot accounts (USDT/USDC) to trade prevalent on-chain assets. Currently, the supported chains encompass Solana (SOL), BNB Smart Chain (BSC), and Base Chain.