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15:05
Willy Woo: Taproot address usage has dropped from 42% to 20% since 2024, possibly due to concerns over quantum security.
PANews, December 17 — On-chain analyst Willy Woo, citing Glassnode data, pointed out that the proportion of bitcoin transactions using the Taproot output type has dropped significantly from a 2024 high of 42% to the current level of about 20%. Woo stated that this is the first time the latest output format has "lost adoption" among users, and suspects the main reason may be that Taproot is more exposed to quantum computing risks, while the older SegWit and Legacy formats are less susceptible to quantum attacks. Last month, Willy Woo stated: Bitcoin needs to guard against quantum computing threats and recommends migrating to SegWit addresses for risk mitigation.
15:04
Data: Solana TVL drops to a six-month low, down 34% from its September peak
ChainCatcher news, according to Cointelegraph, the total value locked (TVL) on the Solana blockchain has dropped by more than 34% from its peak of $13.22 billion on September 14, falling to a six-month low of $8.67 billion on Wednesday. Additionally, the TVL has remained below $10 billion over the past 30 days.
15:04
In the past hour, total liquidations across the network have expanded to $101 million, mainly affecting short positions.
According to Odaily, Coinglass data shows that in the past hour, total liquidations across the network have expanded to 101 million US dollars, with short positions liquidated for 82.89 million US dollars and long positions liquidated for 18.19 million US dollars. In addition, BTC liquidations amounted to 59.53 million US dollars, and ETH liquidations reached 21.91 million US dollars.
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