TNB TopicalNewsBeats

Crypto, chains and markets — the beat, as it happens

LIVE
CoinDeskRatings giant S&P Global acquires OpenZeppelin in tokenized finance… CoinDeskSEC rolls out long-awaited 'innovation exemption' for tokenized… CointelegraphS&P Global to acquire blockchain security platform OpenZeppelin DecryptRevolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer… CointelegraphCrypto adoption blooming in Germany, while UK is falling ‘behind,’… DecryptMorning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023 DecryptZcash Closes On $1,400 After Coinholders Vote to Keep Bitcoin-Style… CointelegraphState hackers drive 420% surge in onchain malware, Chainalysis finds CoinDeskRatings giant S&P Global acquires OpenZeppelin in tokenized finance… CoinDeskSEC rolls out long-awaited 'innovation exemption' for tokenized… CointelegraphS&P Global to acquire blockchain security platform OpenZeppelin DecryptRevolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer… CointelegraphCrypto adoption blooming in Germany, while UK is falling ‘behind,’… DecryptMorning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023 DecryptZcash Closes On $1,400 After Coinholders Vote to Keep Bitcoin-Style… CointelegraphState hackers drive 420% surge in onchain malware, Chainalysis finds

Cointelegraph

Solana transactions hit record 4.2B as SOL rallies 40%

Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets. Transaction activity on the Solana blockchain reached a record high in July, preceding a sharp rally that pushed SOL above $100 for the first time since February amid a broader crypto market recovery.Onchain data presented by The Kobeissi Letter showed that…

Photo: Cointelegraph

Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets. Transaction activity on the Solana blockchain reached a record high in July, preceding a sharp rally that pushed SOL above $100 for the first time since February amid a broader crypto market recovery.

Onchain data presented by The Kobeissi Letter showed that Solana processed a record 4.2 billion transactions in July, up 13.5% from the previous month. Transaction counts have risen by roughly 2 billion since December, representing a 91% increase.

The growth has coincided with a broader expansion in tokenized real-world assets. The Kobeissi Letter cited RWA.xyz data showing that the value of distributed RWAs across tracked blockchain networks has climbed above $38 billion.

Read more

Originally published by Cointelegraph. Read the full story at the source →

More stories