Matrixport: Asian Funds Driving Ethereum's Surge, DeFi Recovery to Sustain Momentum
BlockBeats News, July 21st. Matrixport released today's market analysis, indicating that Asia continues to lead in the performance of altcoins, especially Ethereum (ETH) and XRP. Ethereum has shown resilience driven by several key catalysts. Despite the current relatively low Gas fees, the funding rate has climbed to double digits — although this value remains moderate compared to the futures' open interest and the inflow of funds into Ethereum ETFs.
Last week, Matrixport analyzed Ethereum's performance during different global trading hours, with Asia's influence becoming more significant — directly driving a strong weekend ETH rally. However, this story is not limited to speculative fund flows and institutional fund allocations. The significant resurgence of Decentralized Finance (DeFi) activity is also providing support for Ethereum's upward trend.
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
Altura, une plateforme de rendement basée sur la blockchain, vient de boucler un cycle de financement de 4 millions de dollars avec Ascension comme investisseur principal.
En novembre, le volume total des transactions de Kalshi et Polymarket a approché les 10 milliards de dollars.
Gleec a acquis l'activité DeFi cross-chain de Komodo pour 23,5 millions de dollars
「Buddy」 fait face à un autre appel de marge de 400 ETH, rechargé 1 million de dollars la semaine dernière, maintenant plus que 140 000 dollars
PENDLE a été inclus dans le Bloomberg Galaxy DeFi Index, et son protocole Boros a été reconnu par Arthur Hayes.
Assistance client:@weikecs
Collaborations commerciales:@weikecs
Trading quantitatif/Market makers:[email protected]
Programme VIP:[email protected]