FRAX stablecoin supply has seen 5.6x growth and a 50% average MoM growth rate over the last 6 months.

TVL in the DeFi space increased from $18B to $250B in 2021

Polygon sees the highest net staking inflows with a 4.6% increase in the past week compared to other chains.

Ethereum total revenue has been over $14.7 million for 180 days in a row.

🗞️ This week's Coinstack newsletter has just been published...
https://coinstack.substack.com/p/this-week-in-crypto-45d

Since the hash rate dip, it has swiftly recovered in just a few months and just this week, it hit 248M TH/s hash rate, the highest it has ever been. This means that the number of miners has been growing even as some move out of China. This spike could be a result of miners finishing the migration of their farms from China to other countries and starting to operate again.

We’re still early in the on-chain adoption cycle-DeFi users only represent around 2.3% of total unique Ethereum addresses

🎧 New Podcast Episode: This Week in Crypto: (BlockFi Pays $100M Fine, BlackRock Enters Crypto, Russia Wants to Legalize Bitcoin)

https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-BlockFi-Pays-100M-Fine--BlackRock-Enters-Crypto--Russia-Wants-to-Legalize-Bitcoin-e1ei48b

OpenSea Polygon reaches 1M unique wallets!

Uniswap captures ~45% of DEX market share on Polygon!

Arweave and Liquity see the highest total revenue increases in the last week.

CowSwap, has facilitated a total of $6.67B to date with February forecast to reach over $7B at current pace (17% MoM growth from January).

CowSwap has printed a 82% average MoM growth rate over the last 6 months.

📰 Our weekly newsletter is out:
https://coinstack.substack.com/p/a-solution-for-yield-investors-crypto

Since July 2021, NFT’s share of total Ethereum token transfers has overtaken stablecoins and the major ERC-20s.

NFT Transfers continue to reach all time highs on a 7-day average.

The top ten dapps by revenues are all either Decentralized Exchanges or Money Markets. Source: Cryptofees.info

Coinbase expects ETH staking yields to rise to 9 - 12% APR after the merge goes live in June this year

Fantom reached 1.4M daily transactions which is currently 300k more than Ethereum.

DeFi TVL jumped 400% compared to 2020

$17M has now been raised for Ukraine through Ethereum L1 donations.