This week, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum fell by 13% this week after the price failed to hold above $2,000. With this key psychological level lost, buyers have retreated to the support found at $1,800. This latest drop in price puts ETH at bear market levels […]
ETH, XRP, ADA, SOL, and HYPE Read More »
Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others have even suggested that the incident could benefit Hyperliquid’s native HYPE token in the long run. Lessons Learned The loss
Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi Read More »
A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have fallen victim to hackers. What
HYPE Sinks 8.5% as Whale Liquidation Causes $4M Hyperliquid Vault Loss Read More »
Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees
Jupiter Joins Top DeFi Earners, Outpacing Pump.fun, PancakeSwap Read More »
