According to data from Coinglass, Bitcoin’s average return in September stood at -3.33%, making it the cryptocurrency’s worst month. BTC ended the month in red for six consecutive years between 2017 and 2022, making its prospects for this year also somber.
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Since the beginning of this year, the Solana ecosystem has exhibited a trend of "falling from a high before fluctuating upward." TVL and stablecoin holdings have shown a step-by-step upward trend. Currently, TVL stands at approximately $10.42 billion, and the stablecoin market capitalization is approximately $11.62 billion. This indicates that the on-chain "underlying USD liquidity pool" has returned to and stabilized in the tens of billions of dollars. On-chain transaction counts remain high, maintaining active "high-frequency/long-tail" trading. $SOL's total market capitalization fell sharply in Q1, but has since shown a wave-like upward trend. From a structural perspective, the resurgence of meme popularity has marginally improved DEX/chain fees, but has not yet returned to its peak for the year
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So ! @WalrusProtocol won’t be rewarding their top yappers in token buy USD-SUI which is a great and smart moves for me. this will avoid desperate airdrop hunters to dump their allocation and affect the chart. now my question is, how many yappers are they rewarding and how much is in stock ?
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