Nawa eyes Islamic market for Core expansion and BTCfi adoption
Core Blockchain Overview - May 8, 2025
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The Core blockchain by the numbers
Network’s daily transactions: 353.7K (-4.02%)
Total unique addresses: 50.76M (+4.19%)
ERC-20 daily tokens transferred: 59.9K (-23.3%)
Total CORE delegated: 214.9M (+6.58%)
Total BTC staked: 7,287 (+15.47%)
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: Decentralized protocol Nawa shared it received a strategic investment from investors including Core Ventures, for its liquidity and yield solution. This coincides with the protocol reaching an all-time high TVL at $40 million, DefiLlama data shows.
🔸Why it matters: Nawa announced a strategic partnership with Amanie Advisors, a financial advisory company with a focus in Shariah, aka complying to Islamic law.
As crypto becomes more globally recognized, it's important to integrate into culture-specific companies. Since Amanie Advisors is specialized in Shariah religion, this ensures the protocol is adhering to Islamic finance principles. In tandem, the partnership and investment underscore Nawa’s mission to make decentralized finance (DeFi) accessible to underserved communities, while expanding the Core ecosystem.
Nawa’s integration into Core brings more than $40 million in TVL to the network. By hosting Nawa’s Shariah-compliant solutions, Core’s platform can provide a wide range of cultural and financial needs.
The partnership with Amanie Advisors is designed to add a layer of trust and credibility for Core. In turn, institutions and retail investors that require Shariah-compliant technology can explore integrating the Core network through this. Thus, driving liquidity and potentially greater adoption within the global ecosystem.
🔸The bigger picture: As Nawa offers a Shariah-compliant BTCfi solution, it can help scale DeFi applications on Core.
Nawa plans to integrate Core’s robust network to offer bitcoin holders the opportunity to stake and earn yields in a compliant way with Islamic finance principles.
This can expand the access to bitcoin staking and yield opportunities for certain religious groups and Muslim markets, especially in the Middle East - where BTC ownership is high, according to data obtained by Triple A. Core’s alignment with regional regulations and ethical standards can showcase that it is a hub for inclusive DeFi solutions.
As the broader crypto ecosystem continues to attract diverse protocols and institutional backing, Core aims to position itself to contribute to a DeFi future that is more ethical and inclusive.
Scaling the ecosystem
CORE and bitcoin staked on the network hit all-time highs of 215M and 7,224 respectively, according to onchain data
Synternet integrated with Core network to provide real-time data for wrapped bitcoin
Web3 games on Core saw an increase in unique active wallets in the last few 24 hours, DappRadar data shows:
Flappy Core: 47.33K (+103.71%)
Core Tetris: 36.01K (+84.21%)
Read about Core’s experience at Bitcoin Fusion 2025 and its role in institutional adoption of bitcoin yield
Check out the Core blog for more updates.
Into the Core community
Dapp-related metrics for Dmail Network are up on the week, according to DappRadar data:
Unique active wallets: 170.29K (+18.38%)
Transactions: 169.73K (+17.77%)
B14g TVL hit $194M on April 30 on its bitcoin-CORE token staking platform, DefiLlama data shows
Colend Protocol borrowed amount hit $28M and is back in all-time high territory (shown below)
Source: DefiLlama
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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.