Key Insights
Shaga is a DePIN cloud gaming platform that transforms idle high-end gaming PCs into a decentralized, low-latency streaming network. The project aims to offer a scalable and cost-effective alternative to centralized streaming services.
Key Insights
Real-world assets (RWAs) on Solana are valued at over $418.1 million, up 140.6% YTD. Ondo’s USDY leads the category with $175.3 million, a 41.9% market share, followed by other assets like OUSG, ACRED, and BUIDL.
Key Insights
Total volume processed (TVP) reached an all-time high of $189.6 billion in Q1’25, up 65.1% QoQ, with Ethereum processing $82.9 billion and Base following at $72.7 billion.
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Arbitrum's evolution is guided by the vision of building a “Digital Sovereign Nation,” pioneering a model for how a decentrally governed onchain entity can utilize its resources to compound demand for its products and grow its treasury.
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On May 29, 2025, Galxe launched Starboard, a data-driven growth and analytics tool. Starboard gives projects a unified view of user activity across multiple channels.
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Dabba will launch its native utility token, DBT, in the second half of 2025. DBT will be used to activate hotspots, settle protocol-level fees, and coordinate demand-driven network deployment across India.
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Shadow is an x(3,3) decentralized exchange (DEX), an evolution of the ve(3,3) first introduced by Andre Cronje that took aspects from Ohm and Curve to build a more sustainable DEX.
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VeChain is a Layer-1 blockchain purpose-built for real-world use cases. Its architecture includes features such as multi-party gas payment (MPP), adjustable gas fees, batched transactions, and deterministic finality to support data integrity.
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TEEs are increasingly integrated into blockchain protocols, with projects like iExec, Oasis, and Phala Network adopting TEE-powered infrastructure to enable confidential computation and verifiable privacy at scale.
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ROVR widened its network footprint with 2,451 users operating 1,631 devices, which have collected data across 16.74 million km of roads worldwide as of June 2025.
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By the end of 2025, the Stellar Development Foundation aims for Stellar to have $3 billion in yield-bearing RWA’s onchain and be a top-ten chain in DeFi TVL. This could create a flywheel where more institutional capital increases user engagement, thereby leading to higher transaction volumes and ecosystem activity.
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Algorand activated its staking rewards in January, replacing the governance payout structure and giving validators a direct income stream to secure the network.
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Seraph's circulating market cap declined 29.4% from $49.3 million at token launch to $34.8 million by quarter-end, driven partly by price dilution caused by a 23% increase in circulating supply.
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Polkadot Core developer activity stabilized in Q1 2025 after several quarters of decline. The average weekly number of active core developers rose 1.5% QoQ to 122.
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Caldera has become a leading rollup platform within the Ethereum ecosystem, powering over 52 rollups with a combined $412 million in total value locked. Caldera supports a range of rollups, including Manta Pacific, ApeChain, and B3.
Key Insights
Somnia’s testnet, Shannon, settled over 1 billion transactions while maintaining a 0.10-second average block time. Since going live in February, 4.2 million accounts have deployed 18.3 million contracts.