A recent report by Animoca Research revealed that tokens listed between January and September on five major exchanges registered a negative median performance ranging from 40% to 70%.
The report analyzed 773 token listings from Binance, Bitget, Bybit, KuCoin, and OKX.
Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a Binance Research report.
Layer 1 (L1) blockchain Solana (SOL) has witnessed a notable surge in user activity over the past month. The chain’s daily active address and transaction count have skyrocketed by double digits in the past 30 days.