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Crypto products hauled in a record $4.39 billion last week, with total assets hitting an all‑time $220 billion and Ethereum generating record demand.
Analysts at Bernstein said in a note shared with The Block that ETH will 'continue seeing strong investment interest.'
The Chinese blockchain said it plans to support the potential issuance of an offshore yuan-pegged stablecoin in partnership with AnchorX.
Aave expects the initiative to expand its presence in the institutional lending space, alongside earning a share of Ink's revenue.
The NFT market appears to be benefiting from the broader bullish sentiment in the crypto sector, analysts said.
The Base App leverages Zora and Farcaster infrastructure to allow users to create and trade tokens tied to social media posts.
Bitcoin and ether both benefit from the growing trend of firms incorporating the cryptocurrencies into their treasuries, analysts said.
Block's Bitkey unit is a simple self-custody wallet built for bitcoin, while Proto is a suite of bitcoin mining products and services.
NFT trade volume on Ethereum has more than tripled over the past two weeks, coinciding with ETH's rise in price.
Calls to "pump the gas" have borne fruit as Ethereum increases the amount of processing power each block can handle.