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🚀Cardano (ADA) has been on fire🔥 in September, topping the chart for developer activity with a whopping score of 572, according to CryptoDep's latest data from Santiment. Despite facing setbacks and fierce competition from layer-2 networks, Cardano's team hasn't given up, even when its native token traded mostly below $0.25 throughout the month. 🌟 👀Following closely behind are Polkadot and Chainlink, scoring 501 and 388, respectively. Hedera, Cosmos, Aptos, and Avalanche trail with scores of 358, 338, 248, and 242. 📊 💰Cardano's total value locked has also picked up, exceeding 615 million ADA, thanks to thriving DeFi projects like Minswap. The largest decentralized exchange on Cardano saw a significant spike in various metrics over the past 30 days, with its UAW up by more than 7% and volume boosted by over 943%. 📈

🚀Cardano (ADA) has been on fire🔥 in September, topping the chart for developer activity with a whopping score of 572, according to CryptoDep's latest data from Santiment. Despite facing setbacks and fierce competition from layer-2 networks, Cardano's team hasn't given up, even when its native token traded mostly below $0.25 throughout the month. 🌟

👀Following closely behind are Polkadot and Chainlink, scoring 501 and 388, respectively. Hedera, Cosmos, Aptos, and Avalanche trail with scores of 358, 338, 248, and 242. 📊

💰Cardano's total value locked has also picked up, exceeding 615 million ADA, thanks to thriving DeFi projects like Minswap. The largest decentralized exchange on Cardano saw a significant spike in various metrics over the past 30 days, with its UAW up by more than 7% and volume boosted by over 943%. 📈

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🚀🚀 Buckle up, BTC enthusiasts! Coinbase, a popular crypto exchange, witnessed a whopping Ethereum outflow of over 336,000 ETH, valued at more than $1 billion on June 12th. This is the fifth time in 2024 that over 150,000 ETH has been withdrawn in a single day! 🤯 Who's behind this massive fund transfer, you ask? 🤔 Well, it's still a mystery. But, according to CryptoQuant, these transactions ranging from $400 million to $1.1 billion are likely not the work of individual investors. We're probably looking at crypto whales or unidentified institutions here. 🐋 Now, here's the exciting part! 🎉 If these aren't just internal shuffles within the exchange, it could hint at a super positive long-term outlook for ETH, the world's largest altcoin. Similar activities were noticed on Coinbase before the trading of spot Bitcoin ETFs began, suggesting that this $1.17 billion withdrawal could be influenced by anticipation of a rise in Ether prices with the introduction of spot Ethereum ETFs. 📈 Speaking of Ethereum ETFs, they've been in the spotlight lately. 🌟 With the SEC's approval, ETH-based investment products saw a substantial rebound last week, attracting $200 million in inflows. A K33 report suggests that spot Ethereum ETFs could potentially bring in about $4 billion in inflows within the first five months of their launch. Wow! 😮 And here's the cherry on top: K33 also hinted that Ethereum might experience a similar boost as Bitcoin did when spot Bitcoin ETFs sparked a more than 60% rally in its price. So, Ethereum ETFs could potentially help the altcoin outperform Bitcoin. Stay tuned for more updates! 🚀🌕
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