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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Uniswap is up 36% on the week after news broke on their acquisition of NFT aggregator genie.
Synthetix leads this week's top gainer by protocol revenue.
Ethereum number of addresses holding 0.01+ ETH just hit an ATH of 23,277,226
Accumulation continues among whales with Ethereum number of addresses holding 100+ ETH hitting a 14-month high of 44,385.
The current state of CeFi lenders post liquidation fallout
STEPN's new DEX is the biggest DEX on Solana.
Solana potentially offering a 0% take rate decentralized app store is a considerable business advantage that should incentivize the best developers to, at the very least, give the SMS (Solana Mobile Stack) a try.
Compound Governance surpasses 100 proposals

Cumulative individual addresses interacting with Compound have grown 59% from ~11k to ~17.5k, continuing trends since July 2021.
The US affiliate of the largest crypto exchange Binance has processed a record number of over 230K trades in early July, exceeding its previous all-time high reached during the May 2021 selloff.

The increase comes after the exchange introduced zero-fee trading for Bitcoin on June 22nd.
Optimism averaging ~$10k in total tx fees in the past few days showing continued user growth.
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https://coinstack.substack.com/p/peer-metaverse-coin-deep-dive

A deep dive into the Peer Metaverse Coin (PMC), the native token for a web3 social network and L1 and the top news, stats, and reports with updates on 3AC, Voyager, BlockFi, and Vauld
In a survey, McKinsey learned that 25% of corporate executives believe greater than 15% of total corporate revenue will come from the metaverse within 5 years.
In Q2’22, Web3 infrastructure protocols generated $5.7 million in revenue. Excluding Filecoin, the remaining Web3 infrastructure protocols cumulatively generated $470,000 in revenue over the last quarter, which is a 10% decline compared to Q1’22.