KEYTAKEAWAYS
- Ethereum Foundation Transfers 1000 ETH for Ecosystem Research Funding
- Sui TVL Increases by 0.82% in a Single Day
- Stablecoin Weekly Flow Observation: Tron Attracts $396 Million, Berachain Experiences $269.56 Million Outflow
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.
ETHEREUM FOUNDATION TRANSFERS 1000 ETH FOR ECOSYSTEM RESEARCH FUNDING
According to on-chain data, on April 8, the Ethereum Foundation transferred 1000 ETH (approximately $1.58 million) to the multi-signature address 0x4e6…03cB6. This marks the foundation’s first large fund transfer in nearly three months. This address is primarily used for ecosystem project funding and has transferred out a total of 12,150 ETH (approximately $25.3 million) since May 2021, continuously supporting Ethereum ecosystem development.
Analysis:
This fund transfer may be used to support Ethereum core development, Layer2 research, or community projects, indicating that the foundation remains actively promoting ecosystem building. Vitalik Buterin stated in his speech at the Hong Kong Web3 Festival that Ethereum network upgrades have been frequent recently, and he welcomes more applications to join the Ethereum ecosystem.
SUI TVL INCREASES BY 0.82% IN A SINGLE DAY
On April 8, the total value locked (TVL) in DeFi reached $88.708 billion, showing an overall downward trend. However, among the top ten public chains, Sui was the only one to achieve growth, with a daily increase of 0.82%, raising its TVL to $1.15 billion. Ethereum TVL of $46.513 billion decreased by 4.23%, Solana TVL of $6.284 billion decreased by 3.54%, BNB Chain TVL of $5.458 billion decreased by 0.98%.
Analysis:
Against the backdrop of an overall market correction, Sui’s growth against the trend may be attributed to its high-performance architecture and recent ecosystem incentive measures. In comparison, mainstream public chains such as Ethereum and Solana are more significantly affected by market sentiment.
STABLECOIN WEEKLY FLOW OBSERVATION: TRON ATTRACTS $396 MILLION, BERACHAIN EXPERIENCES $269.56 MILLION OUTFLO
According to the latest monitoring data from Lookonchain, stablecoins (USDT & USDC) on various public chains showed significant divergence over the past 7 days: Tron achieved a net inflow of $396 million, while Berachain experienced a net outflow of $269.56 million.
Analysis:
Tron’s continuous growth in stablecoins (current total supply exceeding $50 billion) highlights its strengthened position as a major stablecoin blockchain, possibly benefiting from recent active cross-border payment demands in the Asian market. Meanwhile, as an emerging public chain, Berachain’s capital outflow may reflect early investors taking profits. Attention should be paid to whether its ecosystem development can attract funds again.
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