On-Chain Analysis | ForkLog

ForkLog 11 05.02.2024

Manta Surpasses Base in TVL with $467 Million

Over the past month, the total value locked (TVL) in the Manta Network’s L2 network rose by 32%, reaching $467 million. TVL Manta. Data: DeFi Llama. This achievement allowed it to surpass Coinbase’s Base ($415 million) and secure the third position among all rollups. TVL of rollups. Data: DeFi Llama. The Manta ecosystem comprises 38 […]

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ForkLog 22 02.02.2024

Jupiter Team Accused of Token Dumping

The team behind the DEX aggregator Jupiter reportedly sold a significant portion of their native token JUP, valued at approximately $30 million, on the first day of trading. This was reported by Adam Cochran, managing partner at Cinneamhain Ventures. So-gave 50% of token to themselves, it was not their first token-Used their own platform which […]

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ForkLog 9 01.02.2024

Analyst Predicts Bitcoin Rally Duration Post-Halving

Should historical trends hold true for the upcoming halving, Bitcoin is expected to reach a new ATH between April and October 2025, according to an analyst known as Ali. As we approach the #BitcoinHalving in April 2024, here are four key points to consider: 1⃣Post-halving corrections: After the 2016 and 2020 halvings, #BTC experienced corrections […]

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ForkLog 7 31.01.2024

Bitcoin’s Resilience Amid GBTC Sell-Off Highlighted by Experts

Net capital flows into spot Bitcoin ETFs have strengthened, despite the supply overhang caused by exits from the GBTC by Grayscale. This conclusion was reached by Glassnode. The Bitcoin market continues to show resilience, recovering from the initial sell-the-news drawdown following ETF approvals. In particular, the market is working through the significant supply overhead created […]

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ForkLog 17 24.01.2024

Shift in Interest Towards Altcoins Following ETF Approval

The approval of spot Bitcoin ETFs has become a classic “sell the news” event, leading to a capital rotation into Ethereum, Solana, and altcoins in general. This trend was analyzed by Glassnode. Analysts noted that after the collapse of FTX, Bitcoin’s dominance increased from 38.9% to 49.8% at the expense of stablecoins (whose share fell […]

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ForkLog 21 23.01.2024

Ondo Finance Team Suspected of ONDO Token Dump

Addresses linked to the Ondo Finance tokenization platform team have been transferring coins to exchanges Coinbase, Gate, KuCoin, and Bybit over two days. Each transfer was followed by a subsequent price dump, reported user ai_9684xtpa. ONDO 项目方疑似抛售 2,000 万枚代币，使得币价短时下跌 13%? 地址 0x415…72298 三天前从项目方多签地址处收到 5000 万枚 $ONDO (价值 1097 万美金)，三小时前分别向 #Gate 和 #Kucoin 充值 1000 万枚代币，或许就是今早 […]

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ForkLog 22 17.01.2024

Bitcoin’s Correction Linked to Profit-Taking by Holders, Say Analysts

The 18% pullback in Bitcoin over the weekend, following its rise to multi-year highs, was attributed to profit-taking, including from derivatives, after ETF news. This conclusion was reached by Glassnode. 2024 has opened with a roller-coaster ride for #Bitcoin, as ten new spot ETFs begin trading in US markets. The event was historic and chaotic, […]

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ForkLog 16 16.01.2024

Ethereum Transaction Volume Reaches November 2021 Levels

Over the past week, the daily transaction volume on the network of the second-largest cryptocurrency by market capitalization increased from 1.1 million to 1.3 million, reaching levels last seen in November 2021 when the asset was trading near its all-time high above $4600.

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ForkLog 13 25.12.2023

Solana on-chain metrics hit annual highs

In December, Solana's monthly active addresses and new addresses reached annual highs as SOL's price rose.

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ForkLog 16 19.12.2023

Popularity of Solana search queries hits a record high

From October to December, Google search interest for 'Solana' rose to peak levels.

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ForkLog 14 13.12.2023

Analysts point to prerequisites for Bitcoin consolidation around $36,000

Glassnode: roadmap of a number of on-chain indicators of 'fair value' suggests several months of volatility within +/- 50% around $36,000.

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ForkLog 18 06.12.2023

Glassnode: Bitcoin enters the acceleration phase of the bull market

Glassnode: Bitcoin has risen 141.6% year-to-date and more than twice as high as gold. Bitcoin remains dominant in the digital assets industry.

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