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Ethereum Network Generates Multi-Billion Dollar Revenue!
Ethereum Network Generates Multi-Billion Dollar Revenue!

In Brief Ethereum generated $7.3 billion in transaction fees last year. Stablecoin transfers accounted for 60% of total revenue. Staking and DeFi protocols also significantly contributed to transaction fees.

Cointurk·2025/06/27 11:16
SUI Token Experiences Notable Price Volatility With Strategic Corporate Moves
SUI Token Experiences Notable Price Volatility With Strategic Corporate Moves

In Brief SUI token fell by 2.03%, trading at $2.6481 in 24 hours. Lion Group invests $2 million in HYPE and plans SUI purchases. Recent market sentiment improved with institutional interest announcements.

Cointurk·2025/06/27 11:16
Flash
  • 20:22
    US SEC Delays Decision on Canary Spot PENGU ETF and Grayscale Spot Cardano ETF Applications
    According to Jinse Finance, the US SEC has postponed its decision on the applications for the Canary Spot PENGU ETF and the Grayscale Spot Cardano ETF.
  • 20:16
    ETH falls below $4,400
    According to Jinse Finance, market data shows that ETH has fallen below $4,400 and is now quoted at $4,399.08, with a 24-hour decline of 6.99%. The market is experiencing significant volatility, so please manage your risks accordingly.
  • 20:06
    Fed’s Logan: The Federal Reserve Still Has Room to Reduce Excess Reserves, Banks Expected to Use SRF to Ease Liquidity Pressure in September
    According to Jinse Finance, Dallas Federal Reserve President Lorie Logan stated on Monday that the Fed still has room to reduce excess reserves and expects banks to use its Standing Repo Facility (SRF) next month to ease any liquidity pressures. “We may see some temporary pressures around the September tax date and quarter-end. I was pleased to see the market use the SRF at the end of June, and I expect that, if necessary, they will similarly use our ‘ceiling tool’ in September.” This tool is designed to prevent liquidity shortages, allowing eligible institutions to quickly convert their holdings of U.S. Treasuries into cash and reducing the need for the Fed to intervene in emergencies. Logan noted that as reserves in the banking system decline, the Fed and other central banks should avoid expanding their balance sheets in response to banks’ short-term demand for reserves, or else risk “continuous expansion” of the balance sheet.
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