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Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s (ETH) biggest DEX, recorded the most amount of volume while Raydium (RAY), the largest DEX on Solana, placed second. Most other chains saw an increase in volume, and DeFI as a sector is growing, perhaps getting a boost from President-elect Donald Trump who has ostensibly given a nod of approval to the sector by launching his own platform – World Liberty Financial (WLFI). The incoming president’s project says that its main mission is to spread US dollar-pegged stablecoins and the concept of DeFi throughout the world. According to World Liberty Financial, stablecoins are the crux of DeFi, and its...

1. Scroll: First Airdrop to Distribute 7% of SCR Total Supply link Scroll has announced its first token airdrop plan, allocating 7% of the total SCR token supply to ecosystem contributors. This airdrop is designed to reward those who have contributed to the development of the Scroll protocol, ecosystem, and community. The airdrop will be distributed across four categories: community airdrop, ecosystem projects, industry contributors, and the global community. Of these, the community airdrop will distribute 55 million SCR tokens (5.5% of the total supply) to users who have actively participated in the Scroll ecosystem through on-chain activities. Additionally, Scroll announced the upcoming launch of the “Sessions 2” program, which will feature an improved Marks system and a new dashboard to reward more participants within the ecosystem. Scroll will also introduce “Scroll Open,” aimed at incentivizing ecosystem development and builders, with winning projects eligible for additional SCR t...

Bitcoin and most major altcoins are witnessing a relief rally but higher levels are likely to attract strong selling by the bears. FTX’s collapse dealt a major blow to the already fragile sentiment among cryptocurrency investors. Although a quick recovery is unlikely, Blockchain analysis firm Chainalysis said that the crypto universe could emerge stronger from this crisis. Chainalysis’ research lead Eric Jardine arrived to the conclusion after comparing FTX’s fall to that of Mt. Gox. Another calming statement came from Bloomberg Intelligence exchange-traded fund (EFT) analyst James Seyffart, who said that there was a “99.9% chance” that the Grayscale Bitcoin Trust (GBTC) held the Bitcoin (BTC) it claimed. He added that GBTC was “unlikely” to be liquidated. Daily cryptocurrency market performance. Source: Coin360 The negative events of the past few days do not seem to have scared away the small investors who remain on an accumulating spree. According to blockchain analytics company Gla...

Golden Inu, a community-focused project, has just passed $110,000 in its GOLDEN token presale .  Aimed at displacing today’s top meme coins, it’s been dubbed the “ Shiba Inu Killer ” and poses a serious threat to Dogecoin’s top rank. Golden Inu presale The second round ends at 80 ethereum (ETH). However, there are four rounds in all where funds will create the Golden Inuverse, which would issue participants a utility token that provides passive crypto rewards in a cutting-edge DAO ecosystem. The project has raised approximately 56.4 ETH and issued 3.1 quadrillion GOLDEN tokens out of the six quadrillion tokens set for the presale . The public presale would allow investors to acquire GOLDEN at a fraction of its value before price appreciation. Following the presale , GOLDEN will be listed on popular decentralized exchanges PancakeSwap and Uniswap.  The team also plans to list the token on other major exchanges like Uniswap in the near future, expanding its accessibility to a b...