Golden Web3.0 Daily | The total market value of cryptocurrencies hits a record high

DeFi data

1. Total market value of DeFi tokens: 92.271 billion US dollars

DeFi total market value data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was 15.053 billion US dollars

Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama

NFT data

1. Total market value of NFT: US$31.581 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2. 24-hour NFT trading volume: 10.025 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

The top ten NFTs with the highest sales growth in 24 hours. Data source: NFTGO

Headlines

The total market value of cryptocurrency hits a record high

According to CoinGecko data, the total market value of cryptocurrency has hit a record high, now at US$3.07 trillion, surpassing the previous high of US$3.069 trillion in November 2021.

DeFi Hotspots

1.EF Researcher Proposes Beam Chain to Reset Ethereum Consensus Layer

On November 12, according to Devcon news, Justin Drake, a core researcher at the Ethereum Foundation (EF), announced the proposal to reset the Ethereum consensus layer, Beam Chain. Justin Drake said that Beacon Chain (Ethereum's consensus chain) has been launched for five years. Beam Chain will make improvements in Ethereum block generation, staking, cryptographic consensus, etc. The new design will maintain high security and improve performance. Drake said that Beam Chain will not change the Ethereum roadmap, but will only bundle together a set of upcoming changes. It is expected that Beam Chain will formulate specifications in 2025, start writing raw code and testing in 2026, and then consider deploying the main network.

2. Chaos Labs will launch Chaos Chain

On November 12, the on-chain risk analysis platform Chaos Labs announced at The Chaos Summit that it is creating an Internet reputation system and will also launch Chaos Chain.

3. The Ethereum Foundation sold 100 ETH again 25 minutes ago

According to Spot On Chain, the Ethereum Foundation sold 100 ETH about 25 minutes ago for 334,315.7 DAI. This is the first ETH sale since the release of the 2024 report on November 8. The report shows that the foundation's asset reserves as of October 31 were $970.2 million, of which $788.7 million were crypto assets (99.45% were ETH). The Ethereum Foundation plans to sell ETH regularly to fund key public projects and maintain reserves. As of 2024, the foundation has sold a total of 4,266 ETH, earning $11.83 million, with an average selling price of approximately $2,773.

4. Ethena founder: bulls currently need to pay $66 million in funding fees every day

Golden Finance reported that Ethena founder Guy Young posted on the X platform that under the current market conditions, bulls need to pay $66 million in funding fees every day.

5.OKX Ventures announces investment in Corn, an Ethereum Layer 2 network built for BTCfi

According to official news, OKX Ventures announced its investment in Corn, marking an important step in introducing Bitcoin applications in the Ethereum ecosystem. Corn is based on Arbitrum and integrates Coinbase support, allowing BTC holders to easily access the Ethereum DeFi ecosystem. In a unique, secure and sustainable way, Corn maximizes the potential of Bitcoin and has achieved several important milestones, such as becoming the first Ethereum L2 network to use hybrid tokenized Bitcoin (BTCN) as Gas fee, and the first network to achieve Bitcoin security through Babylon and support BTC LST liquidity. The core of Corn's innovation is BTCN, a hybrid tokenized Bitcoin backed by native BTC 1:1. This unique model allows BTC holders to use BTC to pay Gas fees in the Ethereum DeFi ecosystem, maintaining the core value of Bitcoin. With just one click, users can cross-chain BTC to the Ethereum ecosystem. The ecosystem development of the Corn network is driven by the staking program of its CORN token (popCORN), which enables community members to direct their earnings into ecological applications. This approach ensures the sustainable growth of the network and incentivizes community members to actively participate in the development of the network.

6.Starknet: STRK staking will be launched on the mainnet on November 26

Golden Finance reported that Ethereum Layer 2 network Starknet said on the X platform that the launch date of STRK staking on the mainnet is scheduled for November 26. After extensive testing on Sepolia, it is now ready to launch the first phase of STRK staking on the Starknet mainnet. Everyone can participate in the following ways: becoming a validator requires staking at least 20,000 STRK and running a full node; becoming a delegator requires selecting a validator from the available list and holding STRK tokens. Please note that both validators and delegators will be subject to a 21-day staking unlocking period.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to increase risk awareness.