Welcome to the Core Blockchain Overview, the Core community’s one-stop-shop for the latest on the network’s metrics, releases, insights, updates, ecosystem developments and more. All in one place.

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The Core blockchain by the numbers

These metrics are accurate at the time of publication. The percentage change is over a 14-day period.

Inside the network

🔸What we’re watching: Valour Digital Securities Limited has launched its Bitcoin staking exchange-traded product (ETP), powered by Core’s staking technology on the backend, on the London Stock Exchange.

🔸Why it matters: This ETP gives investors exposure to yield-generating bitcoin through a regulated, physically-backed product. It provides a staking yield of 1.4% annually by delegating bitcoin holdings to Core’s non-custodial validators, forming a bridge between traditional markets and Bitcoin DeFi (BTCfi) natively on the Core blockchain.

The ETP is aimed at making it easier for institutions and professional investors to earn passive income on their bitcoin without introducing self-custodial risks. Similar to a physical vault that holds items securely, the ETP uses a digital vault to lock bitcoin while incorporating staking rewards through Core’s infrastructure, which users can trade instantly.

The launch may drive institutional growth on Core by attracting high-volume activity, since the ETP leverages the network’s technology. It also seeks to bring more bitcoin inflows to Core, enhancing network security, liquidity and overall ecosystem vitality.

🔸The bigger picture: As demand from institutional investors for yield-bearing crypto products rises, Valour and Core can leverage their ability to offer real-time staking. This would showcase Core’s ability to give bitcoin greater utility by alleviating the limitations of traditional spot ETFs, which have complex wrappers, present bridging hurdles, and lack income generation.

Ultimately, this functionality demonstrates how blockchain technology can enhance bitcoin’s productivity while maintaining security. If Valour’s Bitcoin Staking ETP gains traction with institutions and enterprises, it could directly benefit institutional adoption of Core’s network, as it offers a scalable, compliant framework for yield-generating assets.

Ecosystem highlights

  • Core’s dApp user activity rose throughout the week:

    • Unique active wallets increased 37% to 815.1K

    • Dapp transactions rose 25.16% to 1.06M

    • Dapp volume jumped 45.67% to $10.73M

  • Core today implemented a hardfork upgrade, dubbed Hermes Hardfork, to add faster transaction finality, enhanced validator operations, and more developer tools

  • BitcoinTK reported on Sept. 18 that Core saw 8.16M transactions in the last 30 days, the highest among all Bitcoin-powered blockchains

  • Core delegated to more than 98% of Bitcoin blocks created on Sept. 16

  • B14g’s new WBTC Vault offers ~8.7% APY for users who deposit their bitcoin

Check out the Core blog for more updates.

Delve into the Core community

  • ICYMI: Core hosted a live stream on its Rev+ revenue sharing model and how it can benefit users and developers

  • Participate in the ​​Core Commit Program 2.0 to receive monthly rewards, mentorship from Core Ventures, and more

    • Learn more about the initiative with this X space hosted by the Core community

  • Akka Finance released Taicho, an AI agent for DeFi operations across the Core ecosystem such as staking, lending and borrowing

Join in the fun

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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.

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