tell me stablecoins inflows, ETF inflows , trending chains and their TVL, any events around eth gas, and top 5 news items which can make me understand the liquidity in the market.

Market Analyzer Created at: 30 July, 2024 08:39 AM

Here's a breakdown of the current crypto market trends based on recent discussions and information:

Stablecoin Inflows

  • There's no specific information on stablecoin inflows in the provided data.

ETF Inflows

  • Bitcoin ETF Inflows: BlackRock's iShares Bitcoin ETF saw inflows of 341 BTC ($23.5M) and currently holds 338,470 BTC ($23.28B).
  • Ethereum ETF Inflows: Grayscale's Ethereum ETF experienced net outflows of $98.3M.
  • Solana ETF: BlackRock's Digital Asset Head, Deutscher Mitchnick, suggested a Solana ETF isn't showing up anytime soon on BlackRock's portfolio. However, he acknowledged the ever-accelerating speed of cryptocurrency markets.

Trending Chains and TVL

  • Solana (SOL): Solana generated approximately $25 million in revenue during the week of July 22, edging out Ethereum's $21 million. The network also recorded $5.5 million in transaction fee revenue on July 28, the highest in three months.
  • Ethereum (ETH): Ethereum staking has hit a record high of 28%, driven by anticipation of spot Ethereum ETFs.
  • Ronin: The Ronin network, dedicated to the gaming world, is leading the pack, surpassing giants Tron and Solana in daily active users. It recorded an impressive 2 million daily active users (DAU) on July 29, 2024.
  • Blast: ZAP builds a reputation-based token distribution protocol on Blast, an Ethereum L2 with native yield and $1.94B in TVL.
  • Polygon: Lumia (ex-Orion) is a hyper-liquid volition type Layer 2 built on PolygonCDK, emphasising on modularity and vertical scalability, focusing on end to end RWA tokenization and trading.
  • Linea: Lumia $ORN teams up with Linea, a Consensys-powered Ethereum L2 $ETH scaling network.
  • Babylon: pSTAKE's Bitcoin liquid staking solution is built on top of Babylon, an innovative security-sharing protocol that brings the security of Bitcoin's PoW algorithm to PoS chains with trustless BTC staking.

Events Around ETH Gas

  • There's no specific information on ETH gas events in the provided data.

Top 5 News Items for Market Liquidity

  1. US Government Bitcoin Holdings: The US Government transferred 29,800 BTC ($2.02B) to a new wallet. This move, coupled with Trump's promise to create a strategic national Bitcoin stockpile, has sparked significant market interest.
  2. Ethereum ETF Inflows: The launch of spot Ethereum ETFs has driven the trading volume of digital asset investment products to a staggering $14.8 billion, a high not seen since May.
  3. WazirX Hack Recovery Plan: WazirX proposed a recovery plan for users affected by a $230M hack, aiming to leverage remaining assets and create a diversified crypto portfolio.
  4. BlackRock's Solana ETF Stance: BlackRock's Digital Asset Head stated that a Solana ETF is not imminent due to market cap and maturity differences. However, he acknowledged the potential for a Solana ETF in the future.
  5. Ronin's User Growth: Ronin Blockchain, dedicated to gaming, has surpassed Tron and Solana in daily active users, reaching 2 million on July 29, 2024. This growth is attributed to increased NFT marketplace activity and the listing of the Ronin token on Binance.

Additional Points

  • Market Sentiment: The overall sentiment in the data is positive, with excitement around Bitcoin's potential price surge, the launch of Ethereum ETFs, and the growth of Solana and Ronin. However, there are also concerns about the potential risks of a national Bitcoin reserve and the ongoing regulatory uncertainty.
  • New Tokens: Several new tokens have been mentioned in the data, including:
    • SENDOR: A Solana-based token with a bullish concept and low market cap.
    • GRASS: A new token launched on July 29th.
    • NEIRO: An Ethereum-based token that has been listed on CoinMarketCap.
    • TARD: A Solana-based token that has just launched.
    • SUJI: A Solana-based token that has ripped to 4 million in market cap.
    • GM: A Solana-based token launching on August 14th.
    • MIRX: A decentralized AI tool that has partnered with Nakamoto Games.
    • LUMIA: A hyper-liquid Layer 2 built on PolygonCDK, focusing on RWA tokenization and trading.
    • PSTAKE: A liquid staking protocol that has launched Bitcoin liquid staking on Babylon.
    • HMSTR: A token that is being offered for pre-market futures trading on OKX.
    • Q: A token with a community airdrop starting today.
    • TATSU: A token that has been included in the TAO Ecosystem list.

Remember, this information is based solely on the provided data corpus and represents the most recent discussions and sentiments in the crypto space.