PancakeSwap Posts a Week with 1 Million Unique Wallets

Another week and another one million unique active wallets interacting with smart contracts on PancakeSwap. May was a huge month for PancakeSwap (CAKE), according to a recent market report from DappRadar. While Binance Smart Chain (BSC) led the charge for blockchains, with more than 417,000 unique active wallets at month’s end, PancakeSwap led the dApp … Read more

Mike Novogratz Says Institutional Adoption of DeFi Will ‘Explode’

Mike Novogratz has stated his belief that it is only a matter of time before major institutional players will begin to embrace digital assets.  While there are more and more institutions that have adopted digital currencies into their business models, the amount that doesn’t is much greater. Novogratz attributes this reticence to jump into the … Read more

Polygon Saw 1,102% Growth in TVL, BSC TVL Recorded 50% Decrease in May

DappRadar’s latest report shines a light on a number of key areas of the decentralized finance (DeFi) sector, including the popularity spike of Polygon (MATIC) and the continued success of non-fungible tokens (NFTs).  A few general market numbers from the report include one million unique active wallets in the blockchain industry. Of those one million … Read more