Coinstack
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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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Lido Finance sees strong deposit commitment despite wider market volatility.

The network has now seen over 4.1m ETH deposited and is outpacing that of competitor, Rocket Pool (180k ETH) over the past month.
Cumulative trading volume on
Uniswap is closing in on $1 trillion.
How’s everyone doing? Who here got hit by UST and Luna losses this week?
Ethereum addresses holding 10+ ETH just hit an 16 month high.
In April, 2492 ETH ($7.3M) was spent registering ENS names. 169 ETH ($510k) was spent renewing them.
state-of-crypto-2022_a16z-crypto.pdf
60.3 MB
Here is a A16Z’s 2022 State of Crypto Report
Ethereum leading blockspace demand compared to other L1 chains.
Polygon leads as the largest and most used ETH bridge.
12% of US adults have used crypto in 2022.

We are still early friends
This week, 2,370 ETH were burned, which is a 50% reduction compared to the start of May, and represents a burn rate of 18.4% of the minted supply.
Top 10 #DEXs by the Past 30 Day Revenue
The difference between a Metaverse and a Virtual World per A16Z’s new web3 substack...

https://a16zcrypto.substack.com/p/crypto-summer
The Arweave weave has grown to over 65 TB of data; an impressive 8x increase since April 2021.