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Public Blockchain Activity Top 7-Day Ranking: Solana Holds Top Position, Ethereum Leads in Growth

5 hours ago

On July 27th, based on Nansen data, the top public chains in terms of active address count over the past 7 days are as follows: Solana (28.18M), BNB Chain (10.14M), Base (7.08M), Tron (5.86M), SEI (3.24M), Aptos (2.89M), Bitcoin (2.80M), and Ethereum (2.50M). Among them, Ethereum's active address count witnessed a growth against the trend by 8.7%, ranking first in terms of growth. Meanwhile, Solana's active address count increased by 1.9%, coming in second in terms of growth. Furthermore, according to Defillama data, in the past 24 hours, the top public chains by DEX trading volume are BNB Chain ($39.3B), Ethereum ($23.4B), Solana ($17.96B), Base ($11.6B), and SUI ($5.3B).
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A certain smart money opened a 2x long position on Ethereum in less than 1 hour, with an entry price of $3,837.

On July 27th, based on on-chain information, a large holder recently held a 2x leveraged long position in Ethereum for nearly 1 hour. Currently, it is holding a long position in $12.977 million worth of Ethereum at an entry price of $3,837. In addition, the same address holds the largest long position with a 3x leveraged long position in XRP, and the position value is $16.26 million. This address has accumulated a profit of $1.447 million on Hyperliquid.

7 minutes ago

Point of View: The GENIUS Act is Driving Stablecoins Towards Payment Applications, Potentially Spawning a Wave of "Killer Apps"

On July 27th, Fabian Dori, the Chief Investment Officer of Sygnum, stated that the GENIUS Act will bring about a transformation in the stablecoin landscape. This will prompt issuers to shift from a yield-oriented model to a payment use case. The revised bill makes a clear distinction between interest-bearing stablecoins and payment-use stablecoins, bringing the U.S. framework closer to the EU's MiCA regulation and laying the foundation for a "global consensus." Dori believes that regulatory clarity will stimulate institutions to develop innovative "killer applications," thereby generating a whole new demand for payment services. (Cointelegraph)

7 minutes ago

Director of the Office of Management and Budget: Trump's only requirement for the Fed is rate cuts

July 27th: Vought, the acting director of the United States Office of Management and Budget, stated that Trump's sole requirement for the Fed is to lower interest rates, and Trump is seeking a Fed chair who does not fall behind the economy. (Hibor)

7 minutes ago

Letsbonk's leading edge continues to expand, with the tokenomics of the last 24 hours showing an almost 8x increase in the graduation token count for pump.fun.

On July 27th, based on the Jupiter Data Dashboard, within the past 24 hours, Letsbonk, a Solana-based token launchpad, has achieved a market share of 81%, outpacing pump.fun with 12.7% and further widening its lead. Moreover, according to Dune Analytics, in the past 24 hours, the Letsbonk platform has launched 163 graduation tokens, which is 7.76 times the number of graduation tokens on the pump.fun platform (21 tokens).

7 minutes ago

Vitalik retweeted the "Ethereum 10 Years of Zero Downtime, Zero Maintenance" tweet.

On July 27th, Vitalik Buterin retweeted on the X platform: "Ethereum has been continuously online for ten years with zero downtime and zero maintenance. In contrast, Facebook was down for 14 hours. Cloudflare abandoned 19 data centers. Other Layer 1 networks have encountered multiple issues. Ethereum will never cease. Whether it's a fork, a crash, a bubble, a lawsuit, a hack, or any other dramatic event that the internet may bring about, despite bank failures and the need for server patches, Ethereum continues to operate."

7 minutes ago

Believe Founder: Full details of the Ecosystem Flywheel Mechanism to be Announced Tomorrow

On July 27th, Ben Pasternak, the founder of the token issuance platform Believe, stated on the X platform, "For a currency to achieve long-term success, it requires a flywheel. Believe allows any creator to effortlessly integrate it into their token." "Full details will be disclosed tomorrow." Perhaps due to this news, LAUNCHCOIN rebounded by more than 18% today, and its market value is now $95.45 million.

7 minutes ago

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