Daily on-chain Briefing | August 17

Bitcoin remains steady as an old general, with a market cap of 2.34 trillion and a daily trading volume of 47 billion dollars, still serving as the "ballast" of the cryptocurrency market.

Ethereum welcomes institutional frenzy, with liquid staking TVL exceeding $62 billion, BlackRock heavily investing $1.5 billion, ETF funds surging by $3 billion, and clear regulations acting as a catalyst. ETH is not only the engine for DeFi and NFTs but also the core of the stablecoin ecosystem, holding immense potential for the future.

XRP is steadily expanding, with a solid position in cross-border payments, a market capitalization of $185 billion, and its technology and cooperative network are continually deepening, making it worthy of long-term attention.

With the Maxwell upgrade, BNB accelerates the implementation of projects like xStocks and USYC, surpassing Nike in market capitalization, showing clear institutional favor. Since 2019, BNB's ecosystem has diversified its layout, demonstrating strong vitality.

Choose the right track and accompany in the long run.

Wish you smooth trading, and always keep DYOR!
#BTC # ETH #XRP # BNB