The Solana blockchain has witnessed an unprecedented surge in stablecoin transfer volume, exceeding $300 billion in January alone, according to data from the blockchain analytics platform.  This remarkable milestone not only eclipses the previous month’s total of $297 billion but also represents a staggering 2,520% increase compared to January 2023, when the transfer volume stood […] source: https://www.cryptopolitan.com/solanas-milestones-in-stablecoin-transfer/

True bull run on Ethereum is only about to start source: https://u.today/ethereum-eth-layer-2-networks-growth-is-crucial-heres-why

Glassnode posted on the At the same time, due to the increase in network activity, the amount of ETH burned through the EIP 1559 protocol is also increasing, making the ETH supply deflationary again.

According to on-chain analyst Ember Monitoring, on November 16, Polygon: Ecosystem Growth (ecosystem growth) distributed 217 million MATIC (USD 199 million) to 70 addresses. So far, 67% (USD 145 million) has entered CEX. . 40 of the 70 addresses have currently transferred all MATIC they received to CEX. The price of MATIC has also fallen by 21% since November 16: from $0.93 to $0.73 now.

Former Polygon Labs president Ryan Wyatt has joined Optimism as chief growth officer. Ryan Wyatt is no longer an advisor to Polygon but will remain on the board of directors of nonprofit Gamers Outreach and as a venture partner at venture capital firm Bitkraft. As chief growth officer, Wyatt will be responsible for expanding the Optimism ecosystem, working with developers, strengthening partnerships and coordinating with external contributors. (The Block)

Ivy Growth Asscoiates Pvt Ltd, an Indian venture capital institution and startup accelerator, announced today that it will launch a venture capital fund with a scale of US$30 million in the next fiscal year, focusing on investment areas including Web3, artificial intelligence, deep technology, etc. (VC Circle)

Odaily Planet Daily News According to artemis data, Sui's daily active addresses have now surpassed Solana and Ethereum, and its current daily active addresses are 304,000.

The Lido community launched the proposal "Layered Reward Sharing Scheme: A Sustainable Approach to StETH Growth", which plans to provide 5% of the DAO's staking reward share to participants who use Lido to stake ETH to strengthen Ethereum by increasing the use of the Lido protocol network security. The program is divided into three phases: application and evaluation, award sharing and exit. Participants must demonstrate the ability to drive a minimum of 2,500 ETH pledged to Lido within 12 to 24 months. For each ETH staked by participants, the DAO will share the rewards within 12 months from the date the ETH was staked. The share of rewards will be based on different amounts of ETH staked. The program will be governed by a Reward Share Committee, which will control a multisig wallet responsible for vetting and filtering participants, abuse analysis/disqualification, reward calculation, and reward distribution. The committee will start with an initial reward pool of 3000 stETH. When the funds are depleted, the DAO will vote on whether to replenish them.

Layer1 blockchain Shardeum, founded by WazirX co-founder and CEO Nischal Shetty, has announced the hiring of Kelsey McGuire as chief growth officer. Kelsey McGuire previously served as Chief Marketing Officer (CMO) at CoinFund and also served as a marketing executive at ConsenSys. After joining Shardeum, Kelsey McGuire will help promote Shardeum's development and expand Shardeum's influence in the Web3 ecosystem. Shardeum went live on the Sphinx Betanet in February of this year, allowing permissionless running of validation periods and staking test SHMs through the GUI or CLI. In October 2022, Shardeum completed a US$18.2 million seed round of financing, jointly led by Jane Street, Struck Crypto, Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners, and Foresight Ventures.