Uniswap

Franklin Templeton CEO: Public chains are expected to replace part of the traditional financial infrastructure, unlocking new value for investors

ChainCatcher news, according to Fortune, Franklin Templeton CEO Jenny Johnson stated that public chains are evolving into highly efficient coordination machines, expected to replace parts of traditional financial infrastructure while unlocking new value for investors. Solana is one of the first blockchains focused on institutional investors, demonstrating a processing capacity of nearly 65,000 transactions per second, comparable to the Visa network. Sui is a newer blockchain, with transaction processing speeds nearly double that of the latter. With upcoming upgrades, public chains may soon be able to boost their throughput to hundreds of thousands or even millions of transactions per second.Decentralized trading platforms like Uniswap, which allow for peer-to-peer market making without custody, are rapidly catching up to centralized counterparts in traditional exchanges, processing trillions of dollars in transactions annually. As the speed of these systems improves, their verification and security features have also seen significant enhancements, not only able to withstand hacking attempts but also better verifying identity and asset ownership. The transformation of digital asset technology will not be slow or gradual. It is expected that in the next five years, our industry's growth rate will surpass that of the past fifty years.

Data: The cryptocurrency sector generally retraced, with the Layer 2 sector leading the decline by nearly 9%, and BTC briefly fell below $105,000

ChainCatcher message indicates that, according to SoSoValue data, the crypto sector is generally experiencing a pullback, with the Layer2 sector down 8.70% in the last 24 hours. Within the sector, Arbitrum (ARB), Optimism (OP), and Starknet (STRK) fell by 11.31%, 11.43%, and 12.94% respectively. Bitcoin (BTC) dropped 2.31%, briefly falling below the $105,000 mark. Ethereum (ETH) also faced a pullback, decreasing by 4.21% and dropping below $2,600.In other sectors, the CeFi sector declined by 2.98%, with Hyperliquid (HYPE) continuing its downward trend, falling another 4.85% in 24 hours, while LEO Token (LEO) remained relatively strong, rising by 1.18%; the PayFi sector decreased by 4.34%, but Safe (SAFE) rose against the trend by 22.09%; the Layer1 sector fell by 4.83%, with TRON (TRX) and Binance Coin (BNB) finding support, decreasing by 0.51% and 2.40% respectively; the DeFi sector dropped by 7.24%, with Uniswap (UNI), which had previously seen significant gains, falling by 10.78%, and the Meme sector decreased by 8.21%, with Pepe (PEPE) and Fartcoin (FARTCOIN) dropping by 8.01% and 9.40% respectively, but SPX6900 (SPX) rose for two consecutive days, peaking at 4.46% during the session.The crypto sector indices reflecting historical market performance show that the ssiLayer2, ssiAI, and ssiDePIN indices fell by 9.05%, 8.59%, and 8.49% respectively in the last 24 hours.
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