Ethereum Onchain Report Date: 23 Jan 2026 Data Sources: TVL, DEX volume, app fees & revenue: DeFiLlama Community sentiment: CoinMarketCap Network Snapshot: Active Addresses (24h): 994K DEX Volume (24h): $1.8B TVL: $68.8B App Fees (24h): $15.7M App Revenue (24h): $2.6M Chain Fees (24h): $391K Chain Revenue (24h): $746K Weekly Change: +9.7% Community Sentiment (CoinMarketCap Vote): Total Votes: 2.19M Bullish: 82% Bearish: 18% Key Takeaways Healthy Network Activity Approximately 1M daily active addresses shows Ethereum is actively used, not abandoned. DEX volume of $1.8B confirms real trading activity and liquidity rotation. Robust Capital Lockup TVL at $68.8B indicates strong institutional and user confidence. Capital isn’t idle, DeFi and staking protocols continue to grow. Efficient Fee Structure Base layer fees: $391K, chain revenue: $746K Ethereum runs efficiently, not congested. Apps generate $15.7M in fees, capturing $2.6M in net revenue which suggests that economic activity is real and sustainable. Growth Signal Weekly change +9.7% shows the network is accelerating, supporting accumulation narratives. Price Divergence Despite growing onchain activity, $ETH ETH price dropped 11.23% over 7 days. This divergence is normal: onchain fundamentals often leads price, while market sentiment and macro factors drive short-term fluctuations.. Social Confirmation 82% of 2.19M voters are bullish, community sentiment aligns with onchain fundamentals. My key take away: Ethereum is currently in a quiet accumulation + early expansion phase: Strong network usage ✅ High economic activity ✅ Healthy TVL and staking participation ✅ Positive community sentiment ✅ ETH behaves like a digital economy, not a trade, structurally bullish, pre-expansion. Data Credit: TVL, DEX, App Fees & Revenue from DeFiLlama. Community sentiment from: CoinMarketCap #Etheruem
Why $1.74 Feels Like More Than Just a Number Toncoin recently rose 0.77% in 24 hours, extending a 20.69% monthly gain. On the surface, it looks modest, but the on-chain data and ecosystem activity reveal a story of real adoption, revenue, and growing confidence. Here’s a breakdown. On-Chain Reality $TON is not your typical DeFi-heavy blockchain. Its on-chain metrics show a consumer app-first economy rather than a capital-heavy DeFi playground: TVL: $86.08M = low meaning users are active but not locking large sums Ton Chain revenue: $7,435 almost negligible, shows base layer isn’t capturing much value App revenue: $287K + app fees: $1,000,000 = massive monetization at the app layer DEX volume: $2.74M perp volume: $7.58M = price driven more by speculation and leverage than accumulation In short: TON users pay for apps, but the chain itself earns very little. The money flows through, not into the base layer. Yet, this micro-economy drives adoption and keeps the network buzzing. How On-Chain Data Boosted TON’s Price Despite low TVL and chain fees, TON’s price saw positive movement thanks to: Strong app monetization $1M in app fees and $287K in revenue show real users paying real money. This signals to investors that TON has a sustainable ecosystem, even if the base layer isn’t fully capturing value. Technical stabilization Price holding above $1.74 Fibonacci support calmed traders and reduced short-term risk. Leveraged perps amplified the upward movement, translating usage and revenue into price action. Speculative trading volume Perpetuals volume ($7.58M) exceeded spot DEX volume ($2.74M), showing leveraged bets driving short-term price spikes. Fundamental Catalysts Beyond the on-chain numbers, TON’s fundamentals reinforce confidence: Telegram Integration: U.S. wallet launches and exclusive Mini Apps bring new users directly to TON, boosting app revenue and adoption. AlphaTON AI Investment ($46M): Signals long-term infrastructure commitment, institutional interest, and potential future revenue streams. Active Ecosystem: Games, Mini Apps, and social features maintain high engagement, proving TON isn’t just hype. These fundamentals support long-term optimism even if the chain itself is not yet generating huge fees. My final take: Toncoin’s recent rise is driven by a combination of real usage, app monetization, and technical positioning rather than base-layer DeFi activity or large locked capital. #MarketRebound #TON
A Clean Valuation Analysis After the X API Shock Crypto valuation is messy, but moments like this strip projects down to their core. KAITO recently took a hit after X (Twitter) shut down API access for InfoFi and reward for promoting apps and web3 projects, directly affecting how Kaito sourced data and rewarded users. The price reaction was sharp, but the more important question is not price. It’s value. What KAITO Actually Is. KAITO is not DeFi. It is not a yield protocol. It does not custody funds.
✅ It is a utility / app token tied to an AI-powered information platform that aggregates crypto data, narratives, and attention. Its value depends on usage, relevance, and token necessity, not TVL. That’s why TVL = $0 (source from defilLama) is correct, even though users stake tokens. About Staking (12.78M Staked) Yes, users have staked about 12.78M $KAITO , but in context: Circulating supply ≈ 241M That’s roughly 5% staked This is utility staking, not economic staking. The capital is locked for access, rewards, or alignment, not deployed to generate yield or secure a financial system. So staking slightly reduces circulating supply, but it does not create a valuation floor. The X API Decision: Why It Hurt So Much Kaito’s earlier InfoFi model relied heavily on X data to: ✅track engagement ✅rank contributors ✅distribute rewards When X closed its API to these apps, that broke the core demand loop. Before: Usage 👉 engagement data 👉 rewards 👉 token demand After: No data 👉 no verified rewards 👉 no forced token demand This wasn’t just bad news. It exposed a structural risk: Kaito’s token utility depended on a centralized Web2 platform it did not control. Markets repriced that risk immediately. The Core Valuation Problem Using your own framework, the decisive question is simple: If usage doubles, does the token benefit? Right now, the answer is not mechanically. Revenue exists off-chain. The product may still be useful. But token demand is optional, not enforced through fees, burns, or mandatory staking. That places $KAITO in the category of: Growth optionality tokens, not cash-flow or capital-backed assets. What Still Works in Kaito’s Favor Real product solving real information problems AI + data narrative remains strong Paying users and enterprise interest exist Team is pivoting away from X dependency What Weakens the Valuation No TVL or capital moat Weak value capture for token holders Low staking ratio Heavy reliance on future execution Narrative damage from the API shutdown
Bottom Line $KAITO is not dead, but it is repriced correctly as a higher-risk asset. Its future valuation depends almost entirely on whether the team can: Prove strong, growing product usage Redesign token utility to capture value directly Remove dependency on centralized data gates Until then, $KAITO remains a speculative bet on execution, not a fundamentals anchor. Price moves fast in crypto. Value moves only when incentives are redesigned. What's your thought on this? #MarketRebound
$HYPE On-Chain Analysis: Is the Hype Real? Hyperliquid ($HYPE) has been making waves as a high-performance on-chain perpetuals DEX. Traders are flocking to it, but the big question remains: is the valuation justified, or is it all hype? Let me break it down with real on-chain numbers. 1) Market Cap & TVL: How Big is Hyperliquid? Market Cap: $7.85B Native TVL: $1.36B Bridged TVL: $6.62B Total Liquidity: ≈ $7.98B This means the market cap is roughly equal to total liquidity, including assets bridged from Ethereum, USDC, USDT, and other chains. ✅ The market is pricing Hyperliquid in line with the liquidity it actually has, this is a solid start. 2) Revenue Snapshot: Making Real Money Hyperliquid isn’t just flashy volume, it’s generating real revenue. Daily App Fees: $3.32M Daily Chain Revenue: $12,805 Total Daily Revenue: $3.33M Annualized Revenue: $1.216B With a market cap of $7.85B, the MC/Revenue multiple = 6.45x. For a high-growth crypto protocol, this is plausible and healthy, not just speculative hype. 3) Trading Activity: High Volume, High Adoption DEX Spot/App Volume: $228M/day Perpetuals Volume: $8.85B/day Most of the action is in perps, showing Hyperliquid is the go-to DEX for leveraged traders. Revenue per volume: ~1.46% of DEX volume ~0.038% of perp volume Low fees on perps are standard; high turnover makes up for it, generating strong daily revenue. 4) Bridged TVL: Capital From Other Chains Bridged TVL = $6.62B This shows users are bringing assets from other chains (like ETH, USDC, USDT) to Hyperliquid. Cross-chain adoption deepens liquidity, making the platform more robust and attractive to traders. 5) Key Takeaways: $HYPE is high-volume, revenue-generating, and cross-chain adopted. (6.45x) is reasonable for a fast-growing DEX. Risks remain: competition and regulatory hurdles Rewards: potential dominant DEX for leveraged trading My final takes on today's $Hype On-chain Analysis ✅On-chain numbers don’t lie, it's not just hype. With $3.33M daily revenue, $7.98B in liquidity, and $8.85B perp volume, the fundamentals are strong. ✅This is a real product with real adoption, and its valuation is plausibly backed by its ecosystem, not just speculation. ✅$HYPE is a high-growth, high-volume perpetuals DEX that deserves attention, but like all crypto, monitor adoption, competition, and regulatory risks closely. #hype
I never thought a meme could make me real money… until I won my first contest using AI to create it. $200 later, I realized the possibilities were bigger than I imagined.
I used to scroll through crypto contests, seeing winners flaunt prizes, thinking: “I could never do that.” I had ideas, but no skill, no time, and zero confidence.
Then I discovered AI art tools. Suddenly, I could bring my wildest ideas to life, without needing Photoshop or a design team. I started small, experimenting, failing, tweaking.
Step 1: Pick a contest: Binance, OKX, or other crypto project. Check their theme and rules carefully.
Step 2: Use AI to generate your visual idea. Don’t aim for perfection; aim for clarity and humor.
Step 3: Add your twist. AI gives the base; your creativity makes it stand out. A clever caption, a subtle pun, or a meme-style exaggeration can make judges notice you.
Step 4: Iterate. Run multiple prompts. Pick the version that pops the most.
I submitted my AI-crafted meme… and won $200. 🏆 The feeling? Incredible. What started as a random experiment became a reliable way to earn while expressing creativity.
And no, it wasn’t luck. It was consistent learning, small experiments, and showing up when others doubted AI memes could compete.
If you love crypto, memes, and AI, there’s real money to be made. $200 per win is just the beginning. I’m curious: who have tried AI for crypto contests before? Reply below 👇 #BTC #bnb
Every dip is feedback. It exposes weak hands, builds discipline, and reminds long-term players why patience matters. Tron has seen multiple cycles, survived the noise, and kept shipping while sentiment swings back and forth.
No emotions. No chasing candles. Just tracking progress and letting time do its work.
$TRX — watching closely to see what unfolds next. 🚀
I remember my first time opening Binance Square. I thought, “Is this just another social feed?” Turns out… it wasn’t.
I clicked the Square icon on the Binance app. Charts everywhere. Opinions everywhere. Traders talking like it’s a market floor. That’s when I knew, this place is different.
To post, I tapped the “+” button. Simple. No stress. No long process. Just you and your idea.
I noticed something interesting. Binance Square doesn’t want perfection.
✅It wants value
✅A thought.
✅A chart.
✅A meme.
✅A lesson.
I chose my first weapon, a simple market opinion. No flexing. No fake profits. Just honesty.
You can post:
✅Text only
✅Charts
✅Trade widgets
✅Memes
✅ Videos
Pick one. Start small.
I hit Post. And just like that… I became part of the conversation.
That’s how posting on Binance Square starts. Not as an expert. But as a participant. #newlistings #BTCVSGOLD
{spot}(BNBUSDT) $BNB are you holding or will you take profits For me $BNB 🚀🚀 At the end of the day, it comes down to time horizon, risk tolerance, and strategy. Traders manage swings. Investors back fundamentals. The smartest moves usually respect both.
New to Binance Square? 🤔 Let me show you why it’s quickly becoming my favorite place to create content!
Before now, I’ve always loved creating content, but Binance Square really caught my attention after a few tries.
Why? Because it’s all about the market, with content that’s clear, focused, and relevant, unlike other social media where information is scattered everywhere.
You might enjoy creating here too!
So, what exactly is Binance Square? 🤔
Binance Square is Binance’s own social space. Think of it like a mini social network, but entirely about crypto.
The best part? You don’t need to be an expert. Beginners like us can learn step by step while sharing our journey.
I’m starting a series where I’ll explore Binance Square features one by one. We’ll learn together how to make posts, use charts, share trades, and more.
Follow me to get the most out of Binance Square! Next post: How to create your first post
$ETH 📈 Who’s holding long? Who’s taking profits? Interesting to watch how different strategies play out. Time in the market beats timing it, patience matters, and conviction is tested every single cycle #ETH🔥🔥🔥🔥🔥🔥
Today’s PNL got me like this. No crazy numbers, just steady progress and discipline. $SENTIS building quietly day by day, focusing on growth, patience, and consistency. Let’s see how far this journey goes before year end
SPEED TEST TIME⚡ Which chain wins the transaction race? Let’s compare speed, cost, and reliability under real conditions. No hype, no bias, just pure performance and real results. #DEGEN
A TOKEN LAUNCHED IN 2017 QUIETLY BECAME ONE OF CRYPTO BIGGEST WINNERS. GUESS THE TOKEN 🤔?
$BNB originally called Binance coin, started in 2017 as a simple exchange token. No loud promises, no flashy narrative. Just a 20% trading fee discount on Binance. Many ignored it. Few believed in it. Almost no one imagined it would become one of crypto's most powerful assets.
Then execution kicked in. Binance grew fast. BNB burns reduced supply. Utility expanded beyond fees, IEOs, payments, DeFi, NFTs, gas fees. BNB evolved from “exchange token” into infrastructure fuel. Demand followed usage, not hype.
Today, BNB powers a massive ecosystem, BNB Chain, millions of users, real builders, constant burns. From less than a $1 level to a top market cap giant. BNB proved one thing clearly. In crypto, relentless building beats noise, every single cycle.
Crypto isn’t just about trading coins — it’s the financial infrastructure that powers Web3 🚀. While Web2 relied on centralized platforms, Web3 shifts control back to users by embedding ownership directly into the internet’s architecture.
Blockchains make this possible by letting people hold assets, identity, and data without relying on a company to manage them 🔐. This removes the need for intermediaries and replaces trust in institutions with trust in code.
In Web3, tokens go far beyond currency. They can represent access to communities, voting rights in protocols, digital collectibles, or even shares of revenue streams 🎟️. These tokenized systems allow users to participate, contribute, and benefit from the networks they use.
Crypto ties it all together by providing open, borderless money for open, borderless networks 🌍. It aligns incentives, secures decentralized systems, and enables new economic models that weren’t possible in Web2.
The result is an internet where value, identity, and ownership are built directly into the web — a programmable digital economy powered by crypto and realized through Web3 ✨
Thread 1: “Getting Started in Crypto? Here’s a Simple Guide to Earn While Learning” If you’re new to the crypto space, the best advice I can give you is this: start small, stay consistent, and engage actively. Cryptocurrency isn’t just about buying coins it’s about understanding how the ecosystem works. Many platforms now reward users for engaging with educational content, exploring features, and interacting with the community. You don’t need to be an expert to begin. Set up your profile, follow credible crypto creators, read market insights, and participate in discussions. Every interaction helps you learn something new and sharpens your understanding of market trends. This is the perfect time to dive in. Opportunities to earn small rewards while learning pop up often in the crypto world. Take advantage of them, they motivate you to stay active and grow your knowledge daily. 🚀 Thread 2: “Crypto Tasks That Help You Learn Faster Than Any Course” One thing I love about the cryptocurrency space is how quickly you can learn by simply using the tools around you. Instead of sitting through long lectures, you can gain hands-on experience by completing simple tasks: Creating your crypto profile Following market analysts Exploring charts Posting insights Sharing market sentiment Testing different features like coin tags or portfolio displays These tasks may look basic, but they teach you how to navigate crypto platforms, read price charts, track trends, and understand market behavior. If you're serious about growing in this niche, stay active. The more you post, interact, and explore, the more confident you become as a crypto user. It’s all about learning by doing, and crypto rewards those who take initiative. Thread 3: “Why Staying Active in the Crypto Community Matters” Many people think crypto success is only about buying at the right time or picking the right coin. But the truth is, being active in the community is just as important. When you engage by posting your thoughts, analyzing charts, sharing updates, or reacting to others, you expose yourself to different perspectives. This helps you avoid hype traps and make more informed decisions. Crypto moves fast. New trends, new technologies, new tokens, everything changes daily. Staying active helps you stay ahead. You might even earn rewards from platforms just for using certain features or contributing valuable content. It’s a win-win: you grow your knowledge and potentially earn something on the side. Don’t just watch from the sidelines. Participate, learn, and evolve with the crypto wave. #CryptoNiche #Web3Community #CryptoLearning #CryptoTips #BlockchainLife
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