DeFi / MEV Catch-up in 90 Seconds
Watch the full video on Youtube: https://www.youtube.com/watch?v=XPp2qM-KF68
Solana's Daily Real Economic Value Hits ATH on October 21st
The term "real economic value" encompasses all the fees generated and collected across protocols on the chain, serving as a solid indication of the chain's economy. Additionally, Solana's TVL has reached a new high since January 2022 - marking over a thousand days. Things are looking really good for Solana!
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Memecoin Season Continues
The memecoin season is still going strong. Pump.fun, the largest memecoin platform on Solana, is approaching 1 million SOL in total fees - equating to over $150 million. They recently announced an upcoming pump.fun advanced feature that will compete with Photon and Bull X. Furthermore, the memecoin markets on newer chains like Sui and Apechain are thriving as well.
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Ethereum's Pectra Upgrade Coming in Early 2025
This will be the largest upgrade in Ethereum's history and is expected to significantly impact Ethereum stakeholders. More details on this will be shared in the next video.
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bloXroute Related News 👇
Solana Trader API - https://lnkd.in/gAjvwpUG
SWQoS Performance Benchmark - https://lnkd.in/gyyhxQca
GMGN Case Study - https://lnkd.in/gNCMMesG
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bloXroute Labs is a leading blockchain software company. The 5-year-old Chicago-based tech startup is on a mission to bring transactions and data transmission on blockchain to the next level. bloXroute's proprietary blockchain distribution network (BDN) with hyper-connectivity on Ethereum, BNB Chain, Polygon, and Solana enables ultra-low-latency DeFi with unmatched speed and performance to actors in DeFi and MEV ecosystems.
Over 350 DeFi trading firms connect their trading infrastructure to bloXroute's BDN to get the fastest mempool data in the industry for more trade opportunities and substantially increase their chance of winning trades with a high inclusion rate and the most competitive transaction propagation speed.
