9 hours ago

Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Aptos Ecosystem Sees Explosive Growth and New Developments in Early March

One of the most promising blockchain ecosystems, Aptos , has had an exciting start to March 2025, marked by fantastic growth in both its ecosystem and institutional support. This past week, Aptos has seen a surge in activity, attracting more whales, expanding its presence in multiple sectors, and getting increasing attention from top financial institutions. With high-profile additions like its presence on the Coinbase 50 Index and further developments around blockchain adoption, Aptos seems well on its way to achieving the runaway success that so many (not us, obviously) have forecasted. Growing Whale Presence and Institutional Interest A notable development in the last week within the Aptos ecosystem is the increasing number of super whales. These investors, who hold not just any amount but substantial quantities of the native $APT token, are now being counted among the assurances of the project that serve to enhance and elevate its standing. Over the last 10 days, we have watched the number of super whales—in this case, investors holding over a million $APT—rise from 48 to 55. This is happening amidst a countdown to a series of purported massive Catalyst events (which we take on faith) that might just liven up the otherwise somewhat anemic picture of Aptos that has thus far emerged. Among the 55 deep-sea divers now being counted, the two largest are supposedly carrying around 10 million $APT each. By my back-of-the-envelope calculations, that’s about $60 million per wallet at current prices, and they don’t seem inclined to come up for air anytime soon. Weekly $APT @Aptos Recap – Tuần 1, tháng 03 Số lượng siêu cá voi trong hệ sinh thái Aptos đã tăng từ 48 lên 55 trong 10 ngày. – Hai cá voi lớn nhất nắm giữ hơn 10 triệu $APT mỗi người, tương đương ít nhất 60 triệu USD mỗi ví. Aptos đang thúc đẩy việc… https://t.co/8zjHtTQeYk pic.twitter.com/RHFR5baxZy — Blog Tiền Ảo (@blogtienao_hq) March 10, 2025 The growing partnerships and collaborations across multiple industries speak to Aptos’ appeal. Numerous projects based on the Aptos blockchain are generating excitement, especially in sectors like social media, gaming, lending, and decentralized exchanges (DEX). Some of the standout applications in the Aptos ecosystem include Chingari, a popular platform for social media; KGeN, an emerging powerhouse in the gaming space; Pact, which is involved in DeFi and financial services; Eragon, a gaming protocol; and Panora Exchange, a decentralized exchange. These projects underscore the diverse applications of Aptos’ technology across many verticals. Institutional Support and Growing Blockchain Adoption There is a steady increase in institutional interest in Aptos, with several crucial developments from the past week. Aptos Labs representatives took part in the prestigious “Future of Fintech” roundtable, which was organized by the Milken Institute and held in Washington DC. This high-profile event afforded Aptos the chance to dialogue with global leaders and influencers in finance, as well as to further entrench the blockchain’s positioning in the large, presumably profitable financial ecosystem. Aptos is not only involved with the fintech community but has also drawn the interest of Bitwise, a top digital asset manager. Bitwise has started the process that could lead to the first Aptos ETF. This follows the significant milestone represented by the Aptos Staking ETP, which Bitwise launched in November 2023 on the SIX Swiss Exchange. The potential ETF is a further indication of Apot’s becoming an increasingly mainstream project. Additionally, BitGo—a leader in digital asset custody for institutions—has said it will support Aptos across several custody platforms. These range from self-custody hot wallets to cold wallets and qualified custody wallets. This move puts Aptos on the same accessibility and security level as other top cryptocurrencies for institutional investors. Now, it’s just as easy to hold Aptos as it is to hold Ethereum or Bitcoin. Aptos on the Rise: Coinbase Listing and Ecosystem Expansion Aptos is now among the top digital assets that institutional investors and traders keep an eye on, thanks to its recent addition to the Coinbase 50 Index. That is a big deal for the project. The index is a benchmark for digital assets, and being included in it adds a certain kind of legitimacy that is hard to come by in the crypto space. For Aptos, it is a huge step in that direction. The Aptos ecosystem keeps expanding through ongoing evolution. It’s now teeming with fresh and exciting projects. One that’s captured a fair amount of attention is Emojicoindotfun, which has a distinct take on integrating NFTs and cryptocurrency into the digital art and social media sectors. It’s a completely interactive installation—users actually participate in creating the art. And because Emojicoindotfun resides on the Aptos blockchain, it further underscores that Aptos is a place for not only solid projects but also real innovation. Increasing developer and application adoption of Aptos across the diverse sectors of the economy bodes well for the blockchain’s future. Institutional investment is strong. The network of decentralized applications (dApps) built on the platform is expanding rapidly. Support from crypto “whales” (big holders of cryptocurrency) is growing. In this competitive environment, Aptos stands out for its strengths in driving across-the-board adoption, attracting premier industry players, and integrating with the financial infrastructure of the economy. Aptos is one to watch now that March has started off so promisingly. It aims to clear its path and help wet its nascent ecosystem as it seeks to establish its place at the forefront of the blockchain revolution. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: iaroslav777/ 123RF // Image Effects by Colorcinch NewsBTC

Berachain Surges to the 5th Largest DeFi Chain by TVL: A Record-Breaking Rise

In a stunning display of growth, Berachain has propelled itself into the top five decentralized finance (DeFi) chains by total value locked (TVL), now at nearly $7 billion but was at a modest $2.3 billion one month ago. This meteoric rise saw Berachain surpass established networks such as Base, Arbitrum, and Sui—networks not known for their lack of adoption or confidence—positioning Berachain as a pretty formidable player in the DeFi ecosystem. The Key Drivers Behind Berachain’s Explosive Growth Berachain’s DeFi TVL growth is not merely a byproduct of the general direction of the market; it is driven by the strong adoption of the platform by DeFi projects that themselves are experiencing significant growth. It seems fair to say that, during this past month, Berachain has been the platform of choice for certain DeFi projects, leading to a commendable boost in our DeFi TVL metrics. For instance, one of Berachain’s primary decentralized finance platforms, Dolomite_io, saw its total value locked soar by 200%, which further cements Berachain’s status as a leading DeFi chain. Meanwhile, the platform KodiakFi nearly doubled its own total value locked, which again drives the expansion of Berachain’s DeFi ecosystem. But the really remarkable performance came from InfraredFinance, which rocketed to an impressive $2 billion in total value locked, which now accounts for nearly 29% of Berachain’s overall DeFi total value locked. Berachain becomes the 5th largest chain by TVL In just a month, @Berachain DeFi TVL surged from $2.3B to nearly $7B, surpassing Base, Arbitrum, and Sui. @Dolomite_io TVL jumped 200%, @KodiakFi nearly doubled, and @InfraredFinance reached $2B, now accounting for 29% of… https://t.co/M9bq0TKsNR pic.twitter.com/n0wpVvsAwW — CryptoRank.io (@CryptoRank_io) March 9, 2025 One critical factor contributing to Berachain’s success is its high scalability and performance, which permits projects to thrive on the chain. With a well-designed ecosystem and strong developer incentives, Berachain attracts an increasing number of projects, allowing them to scale efficiently and with low transaction costs and delays. Berachain’s low fees and fast transaction speeds make it particularly suitable for dApps needing high throughput. Berachain’s Growth Compared to Other Chains Berachain’s rapid rise in the rankings is impressive for both the immense volume of TVL it has snared and the sheer swiftness of its growth. In the past 30 days, it has not only gained new users but also been engaging them in a series of transactions that demonstrates a newfound frequency (if not yet an actual utility). For better or worse, Berachain has placed itself among the DeFi chains that are at least a little bit active, even if many of its counterparts in the same situation are riddled with red flags. Berachain is such a consistent performer that it practically defines the term fast-growing. Nansen’s recent data put it in the top three of the fastest-growing chains over the past 30 days, along with: 1. 1Inch BSC 2. Pendle Finance 3. Berachain 1. Unichain: The major winner without question, Unichain, witnessed a gigantic growth in the number of active addresses and a steep increase in transactions, giving clear signs of an enormous increase in user growth and engagement. 2. Berachain: With an increase in active addresses and more transactions, Berachain illustrated much more than its previous status, demonstrating a clearly rapidly expanding presence in the DeFi sector. 3. Iota: Not quite as explosive as Unichain or Berachain, Iota still put on a good show as far as solid user growth and engagement goes, again really only showing presence in the DeFi space. Iota illustrated somewhat of a resurgence with an increase in the number of active addresses and a nice rise in the number of transactions. The top 3 fastest-growing chains on Nansen over the past 30 days: @unichain : +21,713% active addresses, +350% transactions @berachain : +453% active addresses, +421% transactions @iota : +126% active addresses, +138% transactions pic.twitter.com/wLQRN4fLjO — Nansen (@nansen_ai) March 10, 2025 Berachain’s success in making a name for itself as a serious contender in the DeFi space is reflected in these numbers, which demonstrate engagement and activity on its network. The growth and adoption seen by Berachain are also a part of the larger transition to new, innovative blockchain platforms that promise speed and scale for DeFi applications. What’s Next for Berachain? Berachain’s future seems pretty bright, given the burgeoning user base and the DeFi protocols that keep building on it. The platform’s Total Value Locked is likely to keep going up at an impressive pace, especially as new projects and liquidity providers are attracted to its efficient infrastructure and developer-friendly tools. With top-tier protocols like Infrared Finance now contributing a substantial portion of its Total Value Locked, Berachain could become an even more dominant force in decentralized finance. The platform is still developing and gaining traction. As it does, Berachain could see some further innovations to make it a better tool for developers. The way it is set up right now reminds me of some projects from 2017 that attempted to improve Ethereum. It seems to have a lot of promise. I think the biggest risk for Berachain is that it could end up being like those other projects, and as they did, fade into somewhat of a historical footnote. Decentralized finance’s exponentially growing world has seen Berachain ascend to the 5th place in total value locked (TVL), and that’s no small thing. Its fast growth and high performance over the past month, even weeks, absolutely underscores its rising prominence in the DeFi space. And its future? Berachain is looking like a potential mega boon in the next iteration of DeFi. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: peshkov/ 123RF // Image Effects by Colorcinch NewsBTC

See Also

51 dakika önce

Whale Accumulation May Influence Cardano (ADA) Price, But Liquidation Levels and Market Sentiment Present Challenges

26 dakika önce

ETH Long Position Drops: Insights into the Latest 50x Leveraged Whale Activity