KEYTAKEAWAYS
- Berachain Records Net Inflow of $195 Million Through Cross-Chain Bridges in Past 7 Days
- HYPER Token on HyperEVM Exceeds 5.8 Million, Weekly Increase of Nearly 100%
- PumpSwap Reaches $2.43 Billion in Cumulative Trading Volume Within Ten Days of Launch
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
BERACHAIN RECORDS NET INFLOW OF $195 MILLION THROUGH CROSS-CHAIN BRIDGES IN PAST 7 DAYS
According to DefiLlama data, Berachain leads all public chains with cross-chain bridge net inflows reaching $195.55 million. Following are Aptos and zkSync Era, with net inflows of $24.36 million and $13.82 million respectively.
Arbitrum, Ethereum, and Avalanche recorded net outflows of $258 million, $71.3 million, and $41.96 million respectively, ranking as the top three in net outflows.
Analysis:
New funds are positioning in the Berachain ecosystem during price dips, building momentum for future development; mature chains like Ethereum face significant capital outflow pressure, possibly reflecting market expectations for Layer2 valuation restructuring. The ranking of Aptos and zkSync Era in cross-chain bridge net inflows shows the market still maintains allocation needs for emerging technology stack public chains. This pattern of capital “changing of the guard” may foreshadow the reshaping of the public chain competitive landscape in the next cycle.
HYPER TOKEN ON HYPEREVM EXCEEDS 5.8 MILLION, WEEKLY INCREASE OF NEARLY 100%
According to on-chain data, the amount of HYPER on HyperEVM was reported at 5.89 million tokens yesterday (valued at approximately $74 million), with a weekly increase of nearly 100%.
Previous news indicated that the asset transfer function between HyperCore and HyperEVM has been launched, with initial support for HYPE. As HyperEVM’s native gas token, HYPE can be transferred between the two ends through system addresses without requiring ERC20 contract support.
Analysis:
The recent strong performance of the HYPER token reflects the market’s high recognition of the HyperEVM ecosystem. With the implementation of cross-chain functionality, HYPE’s utility as a native gas token has significantly improved, directly driving a surge in demand.
PUMPSWAP REACHES $2.43 BILLION IN CUMULATIVE TRADING VOLUME WITHIN TEN DAYS OF LAUNCH
According to a Dune Analytics dashboard, PumpSwap, the new decentralized exchange (DEX) created by the Meme coin issuance platform Pump.fun team, has achieved a cumulative trading volume of $2.43 billion in its first ten days since launch. Pump.fun launched the DEX on March 20th, aiming to allow successfully issued Meme coins to migrate directly to PumpSwap, bypassing the Solana ecosystem DEX and automated market maker (AMM) Raydium.
PumpSwap has currently generated over $20 million in protocol fees, with liquidity providers earning over $5 million in returns. Nearly 700,000 wallet addresses have used the protocol so far, with the total number of transactions exceeding 30 million.
Analysis:
PumpSwap’s explosive growth confirms the high enthusiasm in the Meme coin market, and its seamless migration design has successfully captured the traffic benefits of the Pump.fun ecosystem. The trading volume of $2.43 billion in ten days far exceeds most emerging DEXs, demonstrating the strong demand for Meme trading on the Solana chain. In the long term, establishing stable liquidity depth will be a key challenge facing PumpSwap.
▶ Buy Crypto at Bitget
CoinRank x Bitget – Sign up & Trade to get $20!
