gm Web3 explorers,

Kanye West launched a new cryptocurrency, Beacon Network to support onchain detectives, Moonbirds are making a major comeback, 1inch going bridge-free and cross-chain, and tokenized stocks coming to Tron. This and much more in today's Industry Newsletter. Let's go! 📡

📡On Your Radar: Industry headlines

🔵 Kanye West launched YZY token on Solana: $3 billion within an hour, but now at a $1 billion market cap. Insider trading? Rug pull? We'll see.

🟦 1inch Network introduces bridge-free cross-chain swaps between Solana and 12 EVM chains.

🔷 Coinbase, Binance, Kraken, Paypal and other behemoth launched Beacon Network, a crime-fighting network to battle crypto fraud.

🔵 Cross-chain protocol LayerZero wants to purchase bridging platform Stargate for $110 million, but now Wormhole is petitioning against this move.

🟦 Tokenized stocks platform xStocks is expanding to Tron. This happens right after announcing that Tron will get support from Metamask.

🔷 Base announced $250,000 Onchain Summer Awards with 2 tracks available: consumer apps and mini apps.

🔵 Shopping in South East Asia gets you cash back in $SAND thanks to partnership Laguna Network and The Sandbox.

🔥 Playnance launched social gaming hub PlayW3

Blockchain company Playnance launched social gaming hub PlayW3, built on the PlayBlock blockchain. At the moment of writing, the hub attracts approximately 700 wallets per week. With PlayW3 now being fully launched, the platform will likely see an influx of new users in the coming weeks.

Within the PlayW3 platform you can use G coin to fuel in-game progression and unlock access to games. Moreover, players can earn G through the games on the platform. It's the foundational utility token for all gameplay, progression, and rewards, and its value grows as the ecosystem expands.

Explore PlayW3

👉 Complete Quests and win rewards on DappRadar

Complete Quests and earn rewards on DappRadar

Completing Quests on DappRadar always earns you XP, allowing you to climb the seasonal leaderboards. In addition, there are prizes to be won, including crypto and NFTs. What are you waiting for?

Join and win

🎉 Crypto Leaders Gather at Blockchain Life in Dubai

Industry leaders and pioneering crypto professionals will come together in Dubai for the 15th anniversary of Blockchain Life, the leading Web3 event. Over 15,000 people from 130 countries will gather on 28-29 October to learn, connect and advance the industry, building a decentralized future together.

DappRadar's CSO Dragos Dunica will be one of the key speakers, unveiling the future of Web3 discovery. DappRadar readers can get 10% off for their tickets, using the discount code "dappradar10".

Get a ticket with 10% off

💥 BNB Smart Chain doubles NFT trading volume

BNB Chain NFT trading volume, by DappRadar

With NFT collections like Thenian and Manekineko Genesis, BNB Smart Chain has seen 95% growth in its trading volume. It now exceeds $3 million, placing the chain among the Top 5 chain by NFT volume. Ethereum still leads with more than $100 million.

BNB Chain is getting hot lately. The number of active wallets increased 20% in the past 30 days, reaching more than 3.65 million. While the $BNB token reached a new record high of $878. This momentum makes BNB Chain once more interesting for investors, but also for builders. In the past 30 days, developers building on BNB Smart Chain have listed 49 dapps on DappRadar.

Explore BNB Smart Chain

🦉 Moonbirds are making a MAJOR comeback

Recently Moonbirds were sold off, and now in the hands of a new organization the NFT collection is making a comeback. This is a revival to former glory, and one of the bigger comeback stories in the NFT space. The screenshotted Moonbird pictured above, sold for more than $100,000 last week.

In the past 7 days, the average price of a Moonbird went up 32% and trading volume increased by 56%, reaching $14.2 million. Moonbirds have joined Kaito, resulting in much more talk on X on top of the already strong price action we've seen in the past months. The floor price went from $2,250 late July to the current $12,200.

Explore Moonbirds

⚡ Support the underdog: Boost them!

On DappRadar you can earn Boosting Power by staking at least 30,000 RADAR and become a PRO member. Your Boosting Power (BP) is equal to the amount of RADAR staked. So if you stake 55,123 RADAR, you will get 55,123 BP. Every boosting cycle you can use your BP to support your favorite projects.

Tip: don't vote for the ones on the top of the Rankings, but support the smaller projects.

Boosting

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Have a great day,
DappRadar Team
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