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Showing posts with the label blockchain network

NFT Sales Fall In April, Down 40% From March 2025

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The non-fungible token market has experienced another slump in April 2025, marked by a fall in trading sales volume and floor price values. In the past 30 days, the global non-fungible token market has recorded a trading sales volume of $389 million, down 39.58% from the previous month. In this article, we shall explore the full state of the global NFT market in April 2025, as well as what collectors and traders should expect in the market in May 2025. NFT Sales Plunge 40% In April 2025 Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has plunged again in trading sales volume and floor price values. From April 01 to April 30, the global non-fungible token market recorded a trading sales volume of $389 million, down 39.8% from the past month. The NFT market raised a trading sales volume of $419 million, down 43% from the past month. Source: CryptoSla...

Kraken Resumes Crypto Staking For US Customers Across 39 States

Kraken has reintroduced on-chain staking for US clients in 39 states, enabling users to stake 17 assets, including Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Cardano (ADA). The US centralized exchange was forced to end its staking service in February 2023 as part of a settlement with the US Securities and Exchange Commission (SEC), which included a $30 million fine. The agency alleged that the exchange offered unregistered securities to clients through its staking-as-a-service initiative. Trump’s Crypto Policy Changes Impact On Kraken’s Move Kraken said yesterday that customers in the 39 eligible states can use Kraken Pro to participate in bonded staking, where tokens are locked for a set period of time depending on the blockchain network.  Kraken’s move to reintroduce staking to US customers follows President Donald Trump’s first crypto executive order, which aimed to clarify crypto regulations and foster a more favorable environment for digital...