CryptoDiffer shared the top 15 AI coins by market cap.

Do you have smth from the list in your portfolio?

List of coins that reached new ATH today.

5 out of 6 are memecoins 🤓

Who would have thought that 10 years have passed since Tether's launch?

The company shared some achievements in a brief article:

> 350 million users worldwide
> Nearly $120 billion in market capitalization
> Processed $10 billion in redemptions within a week during the 2022 UST crisis
> Assisted 180+ law enforcement agencies, recovering over $1.8 billion linked to illicit activities

You can read more about what Tether has accomplished over the years by following the link.

Post-Dencun, Ethereum Mainnet fees hit an all-time low as L2 transactions surged. EIP-4844 slashed L2 costs by 10x, driving record activity.

But with fewer fees being burned, $ETH has turned inflationary, reversing its recent deflationary trend.

Approximately 5% of the circulating supply of Bitcoin belongs to ETF addresses.

Currently, this amounts to about $62.2 billion.

Solana and Ethereum continue to lead as staking chains.

▪️ USD value staked
– Ethereum: $88B
– Solana: $58B

▪️ Staking ratio
– Ethereum: 28%
– Solana: 68%

▪️ Liquid staking TVL
– Ethereum: $30.9B
– Solana: $3.6B

Throughput on Layer 2 networks has dropped to its lowest since June.

This is highlighted by active wallets on Arbitrum and Linea falling by 62% and 87% in recent months. The good news is that Base continues to stay on top and grow.

SUI and APT have been experiencing significant growth lately, and DropsTab decided to compare the metrics of both projects:

Sui:
▫️ Price increased by 200% in the last 2 months following the launch of Grayscale's $SUI Trust.
▫️ TVL grew by 69.4% over the past month.
▫️ DAU increased by 72.4% in the last 3 months, with daily transactions reaching an all-time high of 117M.

Aptos:
▫️ Franklin Templeton added the Aptos blockchain to support its $435M tokenized money market fund.
▫️ TVL increased by 57.2% over the last month.
▫️ DAU grew by 333% in 3 months, with daily transactions increasing by approximately 310%.

Just dropped the list of protocols that managed to achieve PMF in 2024.

Some interesting data here, with restaking being the main PMF narrative this year.

After nearly 2 years since the FTX crash, it's interesting to analyze how the industry has been recovering.

The recovery was primarily driven by the price increases of key assets like $SOL, $TON, and $TRX, which have almost doubled in value.

Arbitrum became the first L2 to cross $200B in swap volume on the Uniswap Protocol.

Arbinauts are conquering the DeFi space with unprecedented strength.

Artemis shared an awesome stablecoin market map for this year.

Check it out!

The Ethereum ETF is facing a downturn in interest, as outflows have been recorded, while the Bitcoin ETF has seen substantial inflows.

After 79 days of trading:

• $BTC ETF Inflows: +$29.1B
• $ETH ETF Outflows: -$4.1B

Chainlink, Ethereum, Bitcoin, Solana, and XRP are among the assets drawing the most negative sentiment from the crowd during this moderate crypto downturn.

Interestingly, coins that attract the most bearish narratives often have the highest potential for a rebound. You can check the full list of such coins in the post.

To prevent October from being a complete disappointment due to market drops, I suggest taking a look at the new DePIN sector map from Messari – there are plenty of projects worth exploring here.

You can view the Messari map and report on DePIN at the link.

Let's talk revenue as the best indicator of a product sustainability.

Some numbers ↓

• Tron: $194M / month.
The absolute leader in the L1 landscape by revenue.
Yeah, 200% more revenue than Ethereum ($93M / month).

• Solana: $15.5M / month.
That's more than the amount earned by TON ($2.7M), BNB Chain ($1.2M), and Avalanche ($656K) together.

• Uniswap: $7M / month.
The most successful DeFi app ever.
Btw Velodrome has $2M in 30d revenue – 200%+ more than what Optimism earns ($870K).

• Lido: $6.8M / month.

• Jito: $1.4M / month.

• Aave: $4.5M / month.
In the lending category, btw, Maple and Goldfinch are at less than $100K.

• GMX: $1.28M / month.
More than dYdX ($533K) and Synthetix ($497K) together.

• ENS: $850K / month.

• Opensea: $645K / month.

• Layer3: $480K / month.

• Convex: $450K / month.
For context, this is comparable to the revenue of Arbitrum ($545K).

On a side note (so you can compare):

Bethesda's average revenue per game is $39.6M.

Discord generates $48M / month.

Zoom has $330M / month.

Tether generates $400M / month.

Husqvarna (not even sure all of you know this Swedish brand) generates $350M / month.

Samsung has $15B / month.

The data comes from Token Terminal and quarterly revenue reports from Web2 companies from 2023-2024.

Despite the fact that the market has been volatile over the past three years, the number of useful applications has increased.

This trend may continue, and the applications will keep generating revenue.

Bitcoin's current market movement resembles the 2013 and 2020 cycles, with two profit peaks for long-term investors, unlike 2017.

As global interest rate cuts begin, liquidity may take time, but positive price movements are expected by 2025, making long-term investment the smarter strategy.