🚀 ThorChain, the decentralized liquidity protocol, reached a record-breaking transaction volume of $355 million in a single day on October 5! 😮 This is part of a larger trend with total trading volume exceeding $1 billion in the last five days.
📈 The increase in transaction volume was concurrent with the increase in the number of network-related swaps. On October 5, trading volume approached $355 million, while the number of swaps on the network was 115,630.
🔥 Total transaction volume between October 1-5 was 1.063 billion dollars.
🤔 According to analysts, the sudden volume increase may be linked to the recent increased hacking activities, which have contributed to the large volume increase, especially of cross-chain BTC transactions.
💬 What do you think about this exciting topic? Share your opinions in the comments section! 🗨️
📈 The increase in transaction volume was concurrent with the increase in the number of network-related swaps. On October 5, trading volume approached $355 million, while the number of swaps on the network was 115,630.
🔥 Total transaction volume between October 1-5 was 1.063 billion dollars.
🤔 According to analysts, the sudden volume increase may be linked to the recent increased hacking activities, which have contributed to the large volume increase, especially of cross-chain BTC transactions.
💬 What do you think about this exciting topic? Share your opinions in the comments section! 🗨️