DeFi News
Welcome to CoinEdition’s page for DeFi News! On this page, you can read and learn through news related to decentralized technologies content in the finance sector. CoinEdition ensures that our readers are up to date with topics such as wealth management, trading, investments, payments, and the companies surrounding DeFi News 24/7 and from all over the globe. DeFi News is a huge topic in the growing blockchain world and it is our responsibility at CoinEdition to compile them all for posterity’s sake. Therefore, grab your checkbook and credit cards, and let’s jump right into the world of finance in the DeFi News section here at CoinEdition.
Non-EVM Blockchains Rise in DeFi, Solana Holds 48% of TVL
Non-EVM blockchain protocols are becoming more popular in the blockchain space. Solana is the dominant non-EVM blockchain currently existing. Developers opt for non-EVM blockchains to…
UAE DeFi Transactions Surge 74%: A Young Nation Embraces Decentralization
DeFi transactions in the UAE soared by 74% in total value received compared to last year, per Chainalysis. ADGM and VARA are leading blockchain regulatory…
Justin Sun receives 3.62M EIGEN; Deposits in Binance at $3.89
Justin Sun received an additional 3.62 million EIGEN tokens worth $14.1 million. Sun already scored an $8.75 million airdrop from the EigenLayer listing. The Tron…
Analyst Predicts Bullish Future for Cardano (ADA), $5 Target
A cryptocurrency analyst on X has predicted a bullish future for Cardano (ADA). Cardano is 10 times stronger than at a similar moment in the…
2024 U.S. Elections: Bitcoin, Ethereum Volatility and Regulatory Risks
The future of cryptocurrencies uncertain for investors as upcoming US elections are primed to impact market performance. Ethereum (ETH) records a mild decline in price,…
Liquid Restaking and RWA Tokens Surge, DeFi and DEXs Falter
RWA and LIQUID restaking protocols have skyrocketed as per Token Unlocks. DeFi and DEXs have fallen 15% and 27.5% while unlocking $1.6 billion in value.…
Solana Flips Ethereum in DEX Volume: DeFi Dominance Shifts
Solana overtakes Ethereum in weekly DEX volume after a 43% surge. Solana captured nearly 25% of the total DEX market share. Ethereum remains a close…
LayerZero Expands Cross-Chain Reach with Bitlayer and defi.money
Bitlayer partners with LayerZero for seamless cross-chain dApp communication. LayerZero’s protocol eliminates cross-chain transaction fees, enhancing user experience. defi.money integrates LayerZero for secure, omnichain stablecoin…
Analyst Predicts Optimism (OP) To Soar Driven by Superchain Interoperability
Superchain interoperability enables seamless transactions across multiple blockchains. Optimism's price is projected to reach $2.36 by September 2024, amid market volatility. By 2030, OP could…
Chain Abstraction Explodes in Popularity, Dwarfing BRC-20 and Even AI
Chain Abstraction is the highest-ranked token standard by growth rate in 2024. The token standard grew by 673% between January and August 2024. Bitcoin network’s…
