LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisdave19...cryptoCardano Whales Accumulate $136 Million Worth of ADARelated: Decentralized trading, the king of trading? ——The evolution and future of on-chain trading
1. Introduction: The rise of decentralized exchanges On January 18, 2025, two days before his inauguration, a social media message from President-elect Trump triggered the most impressive on-chain trading boom in the history of the crypto market. In just 24 hours, the market value of the token called TRUMP exceeded $24 billion, and more than 115,000 new users poured into the Solana ecosystem, equivalent to half of Arbitrum’s daily active users. This phenomenal event not only set a new record for on-chain transactions in a single day, but also revealed the huge potential of decentralized trading in a dramatic way. As Bybit CEO Ben Zhou commented on Twitter on January 19: Yesterday, all centralized exchanges witnessed a large amount of SOL and USDC flowing to the chain. Through DEXs such…# Analysis# crypto# Exchange# MarketPre
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- In Brief Cardano whales have accumulated over 170 million ADA in five days, signaling optimism and potential for a price rally. For a breakout, ADA must secu...