Ethereum’s position in DEX trading is changing, according to the CoinGecko Q3 crypto industry report released on Oct. 14. The network remains the dominant chain for decentralized exchange, but its market share consistently fell below 40% during the quarter. Trading volume on Ethereum trended downward between July and September, with its cumulative volume 19.6% lower […]
Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations […]
Decentralized exchanges are undervalued and gaining traction, with volumes reaching all-time highs. These are the findings of Messari researcher Kunal Goel who said that centralized exchanges (CEXs) are listing tokens too late in a post on X on Aug. 13. He added that they’re becoming a “dumping ground for VCs,” and retail will learn sooner […]