Source: CryptoNewsNet
Original Title: Crypto trading platform with CZ as advisor sees sudden $2 billion volume surge on ‘airdrop’ hype
Original Link: https://cryptonews.net/news/market/32293868/
Genius Terminal, a crypto trading platform backed by a prominent Web3 institution and advised by industry veterans, is seeing exponential growth ahead of an expected airdrop.
The relatively under-the-radar platform just saw its highest single-day trading volume to date this Saturday, hitting $787 million, according to Dune analytics data. A large portion of that volume, about $728 million, came from Ethereum Virtual Machine (EVM)-compatible networks. EVM refers to a virtual, decentralized computer that runs smart contracts for apps.
The platform has now surpassed $2 billion in weekly volume, according to the data, compared to just about $85 million a week before. The average user appears highly active, clocking in at around $82,400 in trading volume per wallet, a figure that was almost nonexistent before.
Genius Terminal’s weekly volume surges on airdrop hope (Dune analytics)
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Crypto trading platform sees sudden $2 billion weekly volume surge on airdrop anticipation
Source: CryptoNewsNet Original Title: Crypto trading platform with CZ as advisor sees sudden $2 billion volume surge on ‘airdrop’ hype Original Link: https://cryptonews.net/news/market/32293868/ Genius Terminal, a crypto trading platform backed by a prominent Web3 institution and advised by industry veterans, is seeing exponential growth ahead of an expected airdrop.
The relatively under-the-radar platform just saw its highest single-day trading volume to date this Saturday, hitting $787 million, according to Dune analytics data. A large portion of that volume, about $728 million, came from Ethereum Virtual Machine (EVM)-compatible networks. EVM refers to a virtual, decentralized computer that runs smart contracts for apps.
The platform has now surpassed $2 billion in weekly volume, according to the data, compared to just about $85 million a week before. The average user appears highly active, clocking in at around $82,400 in trading volume per wallet, a figure that was almost nonexistent before.
Genius Terminal’s weekly volume surges on airdrop hope (Dune analytics)