Author: Yeek.io

Ethereum’s base layer is undergoing a major performance shift, with the network’s gas limit rising toward 45 million units, a move that could meaningfully expand its transaction throughput. According to a July 20 update on X from Ethereum (ETH) co-founder Vitalik Buterin, nearly 50% of stake is currently showing support for the change, with the limit already climbing to 37.3 million. On Ethereum, “gas” is the unit of computational expense needed to process transactions or smart contracts. In order to maintain fair pricing of network resources and reduce spam, users pay for gas in ETH. The amount of total computation…

Aave DAO is voting on a proposal to launch a white-label version of its lending protocol on Kraken’s Ink blockchain, marking a notable shift in how decentralized finance integrates with centralized platforms. According to a DAO proposal initiated on July 17 via Snapshot, the deployment will use Aave’s smart contracts under a new brand managed by the Ink Foundation. The initiative has received overwhelming support from the Aave (AAVE) DAO, with over 790,000 votes in favor as of press time, ahead of the proposal’s July 21 deadline.  It marks Aave’s first white-label deployment and a strategic partnership designed to expand…

Key Takeaways DOGE just clocked its strongest quarter of the year with a 52.4% gain. Market structure shows signs of exhaustion, with liquidity clustered at $0.24 and on-chain data flashing risk of a blow-off top. The high-risk, high-reward setup is playing out fast.  Nearly $15 billion in fresh capital has rotated into the memecoin space this week. In fact, this surge has pushed its total market share to 2.26%, marking a clear uptick in speculative risk appetite. Dogecoin [DOGE] is no exception. It has absorbed nearly $10 billion in inflows alongside a 30%+ weekly pump, all while smashing into a…

Key Takeaways Over $33 million worth of BONK has been scooped from the market by spot and smart investors, adding pressure to sustain the ongoing rally. Bonk [BONK] has maintained its bullish momentum, climbing 38% over the past week and appearing poised to continue on the same path. Analysis shows heightened accumulation during this period. However, broader market distribution continues to weigh on BONK’s price—even as it approaches a potential breakout. Investors continue to accumulate In the past week, BONK investors have intensified their accumulation, amounting to $33.22 million during this phase. Spot market participants led the charge, purchasing $31.44…

Key Takeaways Whale takes profit as SPX6900 surged to a new ATH. However, the overall profitability presents a different picture. Will SPX6900 now drop back to the trendline support for a continuation of the rally? On the 20th of July, Onchain Lens reported a whale deposited about 2.53M SPX6900 [SPX] tokens into Bybit, amassing a profit of $4.46M as price traded around its new highs. This whale had earlier received about 13.34M SPX, but was still holding more tokens with a value of more than $11M at the time of writing. However, looking at the overall profitability of holders, IntoTheBlock…

Ethena price jumped for six consecutive days, reaching its highest level since March as inflows into the ecosystem and whale accumulation continued. Ethena (ENA) token soared to a high of $0.4617, up by 110% from its lowest level this year. This surge, which happened in a high-volume environment, pushed its market capitalization to nearly $3 billion.  Ethena’s growth happened as investors continued to allocate their capital into its algorithmic stablecoins. DeFi Llama data shows that the total value locked in its platform soared to over $6.17 billion, crossing the previous all-time high of $6.1 billion.  Most of these assets are…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain Voting Results are in!The voting has closed at block height 5,200,000, and here’s a breakdown of the results for the latest DFIPs and CFPs:DFIP1: Listing of New Wrapped Crypto Tokens- Yes: 94.64% (688 votes)- No: 5.36% (39 votes)- Neutral: 80 votes🟢 Approved with required min. 66.67% approval rate ✅DeFiChain News Show: Tokenomics, Interchain Development, And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings…

Key Takeaways The higher timeframe bias for FLOKI was strongly bullish after it rallied 82% in a month. It could push past $0.00015 next, but before that, there was the chance of volatility in the coming days. Floki [FLOKI] has rallied 41% in five days, measured from the 14th of July. The bulls have conquered two levels of critical importance to the continued rally. The first was the $0.000096, flipped to support on the 16th of July. The second was the high from May at $0.000123, which was flipped to support the next day, on the 17th. The memecoin market…

Key Takeaways Dogecoin had a strongly bullish market structure after its price raced past the $0.2 resistance zone, but its on-chain metrics showed distribution and profitable holders since May.  Dogecoin [DOGE] is currently the largest memecoin by market capitalization. It commanded a $35.8 billion mcap. The second-largest meme is Shiba Inu [SHIB], with only $8.67 billion in market capitalization. On one hand, this difference is huge, but it was also a wonder that community-driven memecoins should be valued so highly. Such is the magic of the crypto world. In the past seven days, DOGE ratcheted up a 22% rally. Shiba…

Key Takeaways Dogecoin confirmed a double bottom breakout at $0.24, surging to $0.2525. Whale accumulation and rising social buzz support upside, but elevated MVRV and NVT ratios signal caution near $0.30 resistance. Dogecoin [DOGE] has drawn significant market attention as it completes a textbook double bottom pattern, confirming a breakout just above the $0.24 neckline.  The setup has formed over several months and signals a potential macro reversal. At press time, DOGE was trading at $0.2525 after a 5.78% daily gain. If the pattern plays out fully, the target projection stands at $0.42.  This bullish structure suggests an early-stage uptrend,…