cryptocurrency Some interesting data were mentioned in the monthly market report published by the analysts of Binance stock exchange.
According to analysts, by the end of September, the total market value of the stablecoin market had depreciated for the 18th consecutive time. The metric hit a new low of $123.8 billion, a level not seen since September 2021. Despite the difficult conditions USDT And DAI, managed to change the trend with slight increases in market value.
According to Binance analysts, the crypto market remained largely calm in September, with total market cap showing negligible fluctuations. Events such as FTX’s asset liquidation announcement and the FOMC meeting briefly disrupted the general calm, but the market quickly absorbed the shocks and regained stability.
According to analysts TON Coin The integration of the TON wallet by Telegram, which caused a significant increase in its value, appears to be the highlight of the month.
Analysts report that Account Abstraction (AA) adoption is on the rise, with 2.3 million successful ERC-4377 smart contract transactions occurring across 870 thousand unique AA accounts. Ethereum layer-2 networks have been at the center of this growth, with most transactions Polygon, Optimism And Arbitrum took place on.
According to analysts Uniswap Its appetite for transaction fees remains, and it has cemented its top spot in ETH transaction fee consumption over the last 30 days.
Layer 2s have also seen significant activity due to renewed interest in this area, reaffirming their increasingly important role in advancing blockchain scalability. According to Binance analysts, ZkSync Era The 30-day transaction volume on its mainnet exceeded 30.58 million, surpassing Ethereum.
According to analysts Arbitrum is also seeing a healthy uptick in usage, which can be attributed to the relaunch of its highly anticipated project, Arbitrum Odyssey
*This is not investment advice.
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