Welcome to the Core Blockchain Overview. A one-stop-shop for the Core community to get up to speed on the network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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The Core blockchain by the numbers
Network’s daily transactions: 306.09K (+18.20%)
Total unique addresses: 19.46M (+1.04%)
ERC-20 daily tokens transferred: 236.81K (++23.57%)
Total CORE delegated: 132.45M (+4.25%)
Total BTC staked: 4,813 bitcoin (+24.82%)
Top 3 Core validators by hybrid score:
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Inside the network
🔸What we’re watching: Core recently announced its partnership with Animoca Brands, a venture capital firm and web3 gaming-focused conglomerate, that it will be launching a validator on its network.
🔸Why it matters: Animoca Brands will be integrating into the Core ecosystem through this collaboration. This means Animoca will help verify transactions, as well as maintain and contribute to Core’s network by acting as a validator.
Animoca also plans to integrate its web3 portfolio of decentralized apps (dApps) with Core, which could drive innovation and collaboration within the BTC finance (BTCfi) space.
Currently, Core has over 4,700 BTC staked, worth over $300 million at the time of writing. This amount of staked bitcoin underscores the growing interest from the community in Core’s offerings and the potential of BTCfi.
🔸The bigger picture: Animoca’s involvement brings greater security and transaction verification processes to Core.
The more validators within its network, the stronger its security becomes. Alongside the integration of Animoca portfolio of web3 applications, Core could also see more network use cases, which could attract more users to the BTCfi ecosystem, driving innovation to Core.
Scaling the ecosystem
Rivera Money, a liquidity management protocol for market makers, integrated Core to its platform
Elemented launched a browser feature to its wallet app to help access dApps on Core more seamlessly
Dorian introduced its lending and yield earning protocol on to the Core network
Colend, a decentralized borrowing liquidity market on Core, recently crossed $100M in TVL
The Core network saw an increase in total locked value, totaling $154.93 million across 41 protocols (pictured below)
Source: X user BTCecosystem
Check out the Core blog for more updates.
Into the Core community
Tune in to A blocmates Orange’s video and learn more about Colend and how its helping scale the Core ecosystem
D3 partnered with Core to develop interoperable digital identities through Core Names and .core domains
Learn more about Core’s approach to cross-chain value transfer and interoperability in Core DAO’s latest video
Join in the fun
Want to dive deeper into the Core blockchain?
Join the Core Ambassador program and help grow the ecosystem
Participate in a metaschool’s two-week session to learn more about the Core ecosystem and how to build dApps
Explore Core’s Initiative Page for ongoing and upcoming incentive programs
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.