Lending

Lending protocols form the backbone of the decentralized money market, allowing users to lend or borrow digital assets without intermediaries. Using smart contracts, platforms like Aave and Morpho automate interest rates based on supply and demand while requiring over-collateralization for security. The 2026 lending landscape features advanced permissionless vaults and institutional-grade credit lines. This tag covers the evolution of capital efficiency, liquidations, and the integration of diverse collateral types, including LSTs and tokenized RWAs.

13894 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
TRON Tops Ethereum in USDT Liquidity, Driving New Wave of Onchain Activity:CryptoQuant

TRON Tops Ethereum in USDT Liquidity, Driving New Wave of Onchain Activity:CryptoQuant

TRON has taken the lead as the dominant network for USDT, overtaking Ethereum in both stablecoin liquidity and user transactions, according to a new report from CryptoQuant. Ethereum lost the stablecoin crown. TRON now leads in USDT supply, fees and daily transfers. Join our Space with @trondao on July 30, 10 AM PT to unpack how they pulled it off. Set your reminder ⤵️ https://t.co/Uz25njT1sW — CryptoQuant.com (@cryptoquant_com) July 28, 2025 With a USDT supply now standing at $80.8 billion compared to Ethereum’s $73.8 billion, TRON has become the go-to blockchain for stablecoin transfers, marking a 35% rise since the beginning of 2025. USDT Activity Shifts to TRON TRON’s daily USDT transaction count ranges between 2.3 to 2.4 million—around 6.8 times higher than Ethereum’s volume. On a value basis, the network processes over $24.6 billion in USDT per day, more than double that of its rival, reports CryptoQuant. The firm reports that in the first half of 2025, 98% of the top 10 token transfers on TRON were USDT-related, totaling 384 million transactions. This shift shows not just scale, but TRON’s growing reliability as the infrastructure of choice for dollar-pegged stablecoin transactions. Network Growth and Gasless Adoption May 2025 saw TRON process 273 million transactions, its second-highest monthly figure ever. June brought further traction with 28.7 million active addresses—the most since mid-2023. Much of this growth is credited to TRON’s gasless transaction model, which now accounts for 75% of all activity on the network, up from 60% in late 2023. By removing entry costs, TRON continues to attract users looking for frictionless access to onchain services. DeFi Ecosystem Expands with SunSwap and JustLend TRON’s decentralized exchange, SunSwap, has also experienced consistent activity throughout 2025, maintaining swap volumes above $3 billion per month and peaking at $3.8 billion in May. The number of transactions per month also climbed, averaging 516,000—an increase from 316,000 in 2024. Although WTRX still leads swap volumes, its market share has dropped from 98% to 70%, indicating greater use of stablecoins and other assets across the platform. Lending protocol JustLend is also gaining momentum. Both deposits and borrowing volumes have increased, with USDT and USDD driving activity. Borrowing transactions alone have grown 23% compared to 2024 levels, underscoring a stronger appetite for stablecoin-backed DeFi lending. Fee Revenue Hits Record High Despite the surge in fee-free transactions, TRON’s fee revenue hit a new high of $308 million in June 2025. This reflects growing use of advanced, value-added services across the network, particularly in decentralized finance. The ability to scale gasless usage and earn higher network fees points to a maturing ecosystem with layered activity beyond simple transfers. TRON’s ascent highlights its role in shaping the next phase of stablecoin utility and onchain finance. With increased liquidity, higher transaction volume, and expanding DeFi services, the network is positioning itself as a long-term competitor in the global digital asset economy. Stablecoin Market Hits $252B The first half of 2025 marked a new phase for stablecoins , as their total market supply surged from $204 billion to $252 billion, with monthly settlement volumes reaching $1.39 trillion, CertiK reports. USDT continues to lead the market in liquidity, particularly on the Tron network, while USDC has narrowed the gap by securing a MiCA license, completing an IPO, and expanding its supply to $61 billion.

Author: CryptoNews
Can Ethereum continue to rise? Let’s understand the truth from the perspective of technology and fundamentals

Can Ethereum continue to rise? Let’s understand the truth from the perspective of technology and fundamentals

Author: @BlazingKevin_ ,the Researcher at Movemaker Last week, Ethereum achieved a weekly increase of 26.4%, breaking through the pressure level of 2800 in one fell swoop and sprinting to the

Author: PANews
Top cryptocurrencies to watch this week: Spark, Optimism, Sui

Top cryptocurrencies to watch this week: Spark, Optimism, Sui

As the crypto bull run cools and Bitcoin trades sideways, attention is shifting to select altcoins facing key technical and fundamental catalysts.

Author: Crypto.news
Lender Divine Research Uses World ID to Verify Borrowers for Unsecured Crypto Loans

Lender Divine Research Uses World ID to Verify Borrowers for Unsecured Crypto Loans

PANews reported on July 27 that according to Cointelegraph, Divine Research, a San Francisco-based lender, has issued about 30,000 unsecured short-term crypto loans since December and used the iris scanning

Author: PANews
From being misunderstood to rising, why can ETH become the reserve asset of the on-chain economy?

From being misunderstood to rising, why can ETH become the reserve asset of the on-chain economy?

Author: Kevin Li Translation: TechFlow Recently, there has been a resurgence of interest in Ethereum, especially following the emergence of ETH as a reserve asset. Our fundamental analysts explore a

Author: PANews
Mega Matrix raises $16m, bets big on stablecoins to anchor corporate treasuries

Mega Matrix raises $16m, bets big on stablecoins to anchor corporate treasuries

Mega Matrix is stepping into the intensifying competition for institutional stablecoin adoption, armed with a fresh $16 million private placement.

Author: Crypto.news
From “air” to “cash flow”: The rise of utility tokens after the VC bubble burst

From “air” to “cash flow”: The rise of utility tokens after the VC bubble burst

At the beginning of 2025, as the liquidity of the secondary market tightened, a large number of altcoins driven by "story + airdrop" were ruthlessly punctured. Countless altcoins have been

Author: PANews
Altcoin Season Returns: SHIB Climbs 15%, BONK 140%, and ADA Nears $1

Altcoin Season Returns: SHIB Climbs 15%, BONK 140%, and ADA Nears $1

As Bitcoin dominance continues to slide in Q3 2025, traders are shifting focus to altcoins with outsized potential. In this altcoin season , previously dismissed tokens are regaining momentum. Shiba Inu and Bonk represent a renewed wave of meme coin speculation, while Cardano is attracting capital on institutional narratives. Together, the three tokens indicate a market phase driven by a mix of hype, community strength, and real development, where sentiment cycles are moving faster than ever. Shiba Inu: More Than a Meme SHIB is trading at $0.00001367 with a market cap of $8 billion and a 24-hour volume of nearly $462 million. While often still called a meme coin, SHIB has quietly built out an ecosystem. The Shibarium Layer-2 network supports DeFi, NFTs, and dApps. SHIB is also used for gas fees, marking a clear move toward functionality. Recent community DAO proposals and staking integrations have added to its infrastructure. Whale wallets have increased holdings by over 600% in recent weeks, according to CryptoRank. On LunarCrush, SHIB recorded 6,400+ mentions and nearly 350,000 engagements in July. These figures, paired with a 15% monthly gain, suggest that SHIB may be evolving into a hybrid token: part-meme, part-platform. In this cycle, that blend may be what keeps it relevant. Bonk: Taking Over in Altcoin Season BONK is trading at $0.000034 with a $2.76 billion market cap and a 24-hour volume of over $1.6 million. 🧠 Ready to unlock the full power of Cardano indexing? Join our next Dev Office Hours with Satya Ranjan and get hands-on with Yaci Store — the ultimate tool to simplify indexing for both Java and non-Java developers. ↪️ Scroll down for complete event details pic.twitter.com/EwzhGprmdz — Cardano Community (@Cardano) July 24, 2025 BONK Price (Source: CoinMarketCap) The token is now integrated into multiple Solana dApps, including Jupiter and native GameFi applications. Though it began as a meme, BONK’s utility in liquidity provisioning and in-game use cases has grown. Exchange support has expanded, and burn campaigns have supported scarcity narratives. Social activity remains high, with whale wallets rotating in and out, suggesting both speculation and trend-based trading. It has gained nearly 140% in the past 30 days, and despite volatility, BONK appears to be maturing in tandem with Solana’s broader ecosystem rebound. If the altcoin season truly returns in the second half of 2025, BONK could deliver competitive performance. Cardano: Utility Anchored in Narrative ADA is trading at $0.81 with a $29 billion market cap and $2.4 billion in daily volume. 🧠 Ready to unlock the full power of Cardano indexing? Join our next Dev Office Hours with Satya Ranjan and get hands-on with Yaci Store — the ultimate tool to simplify indexing for both Java and non-Java developers. ↪️ Scroll down for complete event details pic.twitter.com/EwzhGprmdz — Cardano Community (@Cardano) July 24, 2025 Cardano’s market position is supported by fundamental upgrades. The Hydra Layer-2 scaling protocol is operational, and the Mithril fast-sync update is now live. Voltaire governance milestones are also progressing, giving token holders greater control. Stablecoin activity is increasing. Djed and USDA are both active, contributing to on-chain liquidity. Unlike meme coins, ADA benefits from long-tail trust, and its current breakout mirrors their trend, showing how retail and institutional flows can align. Altcoin Season: Attention is Allocation SHIB, BONK, and ADA sit at different points on the speculation-to-utility spectrum. But all are benefiting from renewed flows in a fast-rotating market. Meme energy, protocol upgrades, and community activation have all contributed. As altcoin season accelerates, attention is proving to be a proxy for momentum. And for now, these three tokens have it. Retail enthusiasm is rising alongside deeper on-chain activity, suggesting this altseason is no longer limited to quick pumps. Instead, even legacy tokens are evolving under market pressure, blending narrative, utility, and engagement. When volatility returns, SHIB, BONK, and ADA show the different ways tokens can stay relevant. Whether driven by community, use case, or trader momentum, they remain in rotation—at least for now.

Author: CryptoNews
GameSquare CryptoPunk NFT Bet: $5.15M Cowboy Ape Deal Brings Leshner Onboard

GameSquare CryptoPunk NFT Bet: $5.15M Cowboy Ape Deal Brings Leshner Onboard

GameSquare Holdings, Inc. (Nasdaq: GAME), a media and tech firm focused on Web3, has made a bold move into the world of digital collectibles with a new purchase. GameSquare has acquired the iconic Cowboy Ape #5577 CryptoPunk from DeFi pioneer @rleshner in a $5.15M strategic investment. We also added $10M of ETH to our treasury, bringing total Ethereum treasury holdings to over $52 million. pic.twitter.com/U2LFaPqECm — GameSquare Holdings Inc. (@GSQHoldings) July 24, 2025 In a press release shared with CryptoNews, the firm said it has purchased a rare “Cowboy Ape” CryptoPunk non-fungible token (NFT) from Robert Leshner, founder of Compound and CEO of Superstate. In exchange, GameSquare issued $5.15 million in preferred stock convertible into approximately 3.4 million shares at $1.50 per share. The acquisition marks GameSquare’s first direct NFT investment and is in line with its strategy to build a blockchain-native brand and generate treasury yield through digital assets. CEO Justin Kenna described the Punk as a “grail” investment and emphasized the company’s growing interest in on-chain finance. Alongside the transaction, Leshner has joined GameSquare as a shareholder, bringing his experience in decentralized finance to the table. What Is a CryptoPunk? CryptoPunks are among the earliest NFT collections created on the Ethereum blockchain. Launched in 2017 by software developers Larva Labs, the series includes 10,000 pixelated characters with varying traits. Of these, only 24 are “Ape” Punks—making them among the rarest. The Cowboy Ape (#5577), now part of GameSquare’s treasury, is widely regarded as a standout in the collection. Collectors often view CryptoPunks as digital artifacts that reflect early internet history and the rise of online identity. Building Yield Through NFTs and ETH GameSquare’s NFT purchase is part of its treasury strategy, which seeks to generate 6%–10% returns annually by using stablecoins and other digital assets. The Cowboy Ape will be used in community activations, marketing campaigns, and potential licensing deals, blending culture with capital allocation. GameSquare said it has partnered with 1OF1 AG, led by Web3 investor Ryan Zurrer, to manage the NFT yield program. The firm will also hold the asset and oversee yield generation efforts. GameSquare said it recently purchased $10 million worth of Ethereum—about 2,742.75 ETH at an average price of $3,646. This adds to a growing ETH position now valued at approximately 12,913.49 ETH. The company has invested a total of $45 million in ETH under its $250 million crypto treasury authorization. NFT Market Cap Jumps 21% to $6.3B Overnight The NFT market roared to life on Monday, jumping more than 20% in a single day, with total market cap rising from $5.1 billion to $6.3 billion . After months of stagnation, renewed interest in Ethereum-based collections appears to be driving the sudden revival. A major catalyst came in the form of a high-profile CryptoPunk sweep . According to on-chain data from Lookonchain, a newly created wallet, 0x1bb3, spent 2,082 ETH, or about $5.87 million, to purchase 45 CryptoPunk NFTs within hours. The transaction lit up OpenSea, where the walle t now holds assets valued at over 1,700 ETH, or roughly $6.5 million. $GAME Price Action As of 12:00 p.m. EDT on July 24, shares of GameSquare Holdings Inc. (Nasdaq: GAME) traded at $1.32, marking a 3.94% increase on the day. The stock opened at $1.33, reached a high of $1.44, and dipped to a low of $1.26 during early trading. This intraday movement follows the company’s announcement of the CryptoPunk #5577 acquisition and the onboarding of Leshner as a shareholder, news that appears to have sparked renewed investor interest. GameSquare currently holds a market capitalization of approximately $125.2 million, with a 52-week trading range between $0.50 and $2.87.

Author: CryptoNews
Pepe, Doge veterans are racing into this new memecoin: XYZVerse eyes 6,500%+ upside

Pepe, Doge veterans are racing into this new memecoin: XYZVerse eyes 6,500%+ upside

After Pepe and Dogecoin, investors are eyeing XYZVerse for its 6,500% return potential in the memecoin space. #partnercontent

Author: Crypto.news