Summary
TLDR: ETFs see outflows, Bitcoin shorts could face liquidation at $67.8k, Coinbase premium returns, Bitcoin has positive performance streak, Solana DEX sees $50 billion volume, Layer 2 activity remains slow post-Dencun.
Key Points
1. Fantom (FTM) emerges as the top-performing Layer 1 blockchain.
2. Exchange-traded funds (ETFs) witness a $94 million outflow, although outflows from Grayscale Bitcoin Trust (GBTC) may decelerate.
3. Solana’s (SOL) decentralized exchange (DEX) achieves a monthly volume of $50 billion, with revenue soaring 30-fold.