Midday News Update #Web3
š ARK Invest reports Bitcoin's long-term holding remains strong, with 62% of supply dormant for over a year and 53% for over two years, highlighting increasing holder conviction.
šµ Stablecoin market cap hits a record $207.64B, with $USDT dominating at 66.35%, reflecting 0.71% growth in the past week.
š® Ronin launches a $10M ecosystem fund to support developers, offering grants between $20Kā$300K for projects building on its blockchain.
š¼ WBTC 2024 recap: $14.3B market cap peak, $1.01B single-day volume, and 1.03M daily transactions, with integrations on 7 new chains like #Base and #zkSync.



