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Cardano Network Thrives: 254% Fee Revenue Growth as Transactions Rise 65%
Feb 19, 2025
In the fourth quarter of 2024, Cardano (ADA) experienced a substantial 126% increase in its price, elevating its market capitalization to $30.3 billion. This surge advanced ADA's circulating market cap rank from 11th to 9th place. The growth in both price and market capitalization coincided with the
Circle's USDC Hits Record $56B, Outpacing Tether Growth
Feb 14, 2025
In a significant financial milestone, USD Coin (USDC) has achieved a record market capitalization of $56 billion, reflecting a 22% increase in just one month. This growth, amounting to an additional $10.39 billion in circulation, has surpassed its previous peak from 2022 and marks a robust recovery
Peter Thiel-Backed Plasma Secures $20M to Develop Zero-Fee Stablecoin Network on Bitcoin
Feb 13, 2025
Plasma, a cryptocurrency startup focused on developing a Bitcoin-based blockchain tailored for stablecoins, has successfully raised $20 million in funding to advance its developmental stages. This financial boost, announced by the company on Thursday, is led by Framework Ventures and will facilitate
Stablecoin Liquidity Hits $204B, Hints at Possible Bitcoin Rally
Feb 01, 2025
Growing stablecoin liquidity could signal an impending Bitcoin rally, as suggested by recent data. A report from CryptoQuant outlines the resurgence in liquidity for Tether (USDT) and USD Coin (USDC), with the latter experiencing growth not seen in a year. Since the U.S. presidential election, the c
Stablecoin Market Hits $200B Record, Hinting at Crypto Rally Ahead
Jan 31, 2025
The stablecoin market has achieved a new milestone, surpassing the $200 billion mark in market capitalization. This record high signals potential expansion in the broader cryptocurrency market, according to data from CryptoQuant. Stablecoins are digital currencies designed to maintain a stable valua
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