​​Tren Finance introduced its Synthetic Dollar Debt token

XY is backed by overcollateralized loans and built using LayerZero's Omnichain Fungible Token (OFT) standard. XY allows transfer across multiple blockchains without asset wrapping, middle chains, or liquidity pools. Users can mint XY through isolated modules on Tren Finance or buy on DEXs.

Tren Finance is a liquidity (re)Enabling protocol using proof-of-liquidity and hooks to (re)Collateralise LP, money market deposits and (re)Staked positions.

👉 x.com/TrenFinance/status/1862477255492215138

​​Sonic launched Testnet V2.0 ahead of public Mainnet and migration to the S token

The Blaze Testnet lets users submit transactions, deploy smart contracts, and claim an initial allocation of S and ERC-20 tokens via faucet. Sonic also completed the Shards NFT snapshot. Wallets with 6 Shards are now whitelisted for NFT mint on the Sonic Mainnet.

👉 x.com/0xSonicLabs/status/1862922856075772128

​​The biggest Fundraising Rounds conducted in November

Projects that received the most funding are usdx.monеу ($45M), a bankless synthetic stablecoin issuer, 0G Labs ($40M), a decentralized AI operating system (dAIOS), and Monkey Tilt ($30M), a Web3 gambling platform.

​​Crypto Events Recap, November 30 - December 2

👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-nov-30-dec-2-2024

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $3.63T (+2.78%)
BTC Price: $95,469 (+0.39%)
BTC Dominance: 52.1% (-1.00%)
Fear & Greed Index: 76 (Extreme Greed)
Total Value Locked: $205B (+0.43%)

​​Top-15 Projects by Daily Active Addresses (DAA) growth in the last 30 days

Daily Active Addresses is the number of distinct addresses that participated in a transfer for the given asset on any given day. Each address is counted only once for the day.

​​Ringfence (RFAI) will hold its Data Agents sale on December 5th

The sale will feature 50,000 Data Agents sold in a tiered format, starting at $350. Data Agents are autonomous agents forming the backbone of Ringfence protocol. Ringfence is an omnichain infrastructure providing the tools to collect and monetize user data.

👉 x.com/RingfenceAI/status/1863541708648054808

​​Safe unveiled the Safenet to unify liquidity and user interactions across blockchains

Safenet is a transaction processor network designed to enable users to manage assets across multiple blockchains. Safenet is not a blockchain but a meta protocol that serves as a connective layer, interfacing with any blockchain through a single user account.

👉 theblock.co/post/329173/safe-launches-safenet-to-unify-liquidity-and-user-interactions-across-blockchains

​​Arbitrum (ARB) DeFi Ecosystem Overview

The Arbitrum ecosystem reached a total TVL of $3.19B, with a 36.4% growth in the last 30 days. Leading the ecosystem are Aave V3($1.03B), GMX ($544M), and Uniswap ($347M).

​​Namada launched its Mainnet along with NAM Airdrop

The Genesis Mainnet launches in five stages, each driven via on-chain governance. The first phase involves staking and governance. The launch also includes a non-transferable NAM Airdrop, which can be used for staking and governance.

👉 theblock.co/post/329218/privacy-focused-cosmos-layer-1-namada-initiates-genesis-mainnet-along-with-native-token

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $3.73T (+2.16%)
BTC Price: $96,778 (+1.37%)
BTC Dominance: 51.3% (-0.80%)
Fear & Greed Index: 78 (Extreme Greed)
Total Value Locked: $215B (+4.82%)

​​❗️Tron has reached a new ATH, now trading around $0.4

In the past 24 hours, TRX price surged by 70.9%, pushing its market cap to $33.9 billion. Trading Volume in the last 24 hours is $16.9B.

​​❗️BNB has reached a new ATH, now trading around $775

In the past 24 hours, BNB price surged by 19.7%, pushing its market cap to $113 billion. Trading Volume in the last 24 hours is $6.57B.

​​Mode (MODE) introduced an AI Agent Stack along 2025 roadmap

Mode AI Agent Stack combines AI Agent infrastructure products, Mode L2 upgrades, AI Agent App Store, and consumer-focused AI Agent products. The roadmap for 2025 includes AI-secured sequencer, DeFi Protocol Smart Contracts, AI Agent Subnet, and AI Agent App Store UI.

👉 x.com/modenetwork/status/1864013665667576072

​​XION has introduced XION tokenomics and whitepaper

15% of the token supply will be allocated to launch events and community growth. Previously, XION announced its listing on Bybit and Bitget on December 5th, 10:00 UTC. XION is a Layer 1, built for mainstream adoption through Generalized Abstraction.

👉 xion.burnt.com/blog/xion-token-proof-of-abstraction-whitepaper

​​Crypto Events Recap, December 3-4

👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-december-3-4-2024

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $3.88T (+4.32%)
BTC Price: $103,197 (+6.49%)
BTC Dominance: 52.7% (+1.40%)
Fear & Greed Index: 84 (Extreme Greed)
Total Value Locked: $216B (+0.49%)

​​❗️Bitcoin has reached a new ATH, now trading around $103K

In the past 24 hours, BTC price surged by 6.22%, pushing its market cap to $2.17 trillion. Market dominance stands at 52.7%.

​​Mode (MODE) launched testnet of Synth, its Bittensor subnet

Synth, a subnet for Financial Forecasting, uses Bittensor’s decentralized intelligence to create accurate forecasting data, unlocking new powers for AI Agents. Mode is an Ethereum Layer 2 network. Previously, Mode introduced its roadmap for 2025.

👉 x.com/modenetwork/status/1864302255979020765

​​❗️Dear community, CryptoDiffer will hold an AMA with PLAY on December 6th at 1:00 PM UTC in the CryptoDiffer Telegram Chat!

The reward pool for the best questions is $100 USDC!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT 🗣 https://www.tgoop.com/joinchat-Brbs51k5cWoRBKtsgmb6Ew