Web3.0 Daily Report: Coinbase Stock Hits All-Time High Amid Market Surge

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DeFi Market Snapshot

1. Total DeFi Token Market Cap: $110.75 billion
Source: Coingecko

2. 24-Hour Decentralized Exchange Volume: $57.2 billion
Source: Coingecko

3. Total Value Locked (TVL) in DeFi: $110.58 billion
Top 10 DeFi projects by TVL | Source: Defillama


NFT Market Highlights

1. NFT Total Market Cap: $163.96 billion
Top 10 projects by market cap | Source: Coinmarketcap

2. 24-Hour NFT Trading Volume: $1.967 billion
Source: Coinmarketcap

3. Top NFT Performers (24h)
Top 10 NFTs by sales growth | Source: NFTGO


Top News

Coinbase Stock Achieves Record Close with 40% Monthly Gain

Coinbase (NASDAQ: COIN) closed at an all-time high of $375.07 per share**, up 5.5% on Thursday, surpassing its 2021 peak. The stock surged **24% in 5 days** and **40% over the past month**, boosting its market cap to **$89 billion.

👉 Explore Coinbase’s latest milestones


Meme Coin Trends

U.S. EV Maker Mullen Now Accepts Bitcoin and TRUMP Meme Coin

Mullen Automotive (NASDAQ: MULN) will accept Bitcoin and TRUMP Meme tokens for its commercial EVs, aiming to expand crypto payment options. CEO David Michery emphasized this move’s potential to capture broader markets.


DeFi Updates

1. OpenZK Network Launches OZK Staking on July 14

2. Draper Dragon Invests in AllScale

AllScale focuses on enterprise stablecoin payments, backed by Kraken/Block alumni. Investors include Amber Group and KuCoin Ventures.

3. Sui Name Service Secures "sui.eth" Domain

A step toward cross-chain digital identity, following its "The Portal" launch.

4. Across Responds to Governance Allegations

Co-founder Hart Lambur denied fund misuse claims, stating Risk Labs operates transparently under Cayman laws.

5. Polychain’s Celestia Stake Yields 4x ROI

Reportedly earned $80M+** from staking rewards on a **$20M initial investment.


FAQ Section

Q: Why did Coinbase stock surge?

A: Rising crypto market activity and institutional interest drove demand.

Q: What’s unique about AllScale?

A: It simplifies compliant stablecoin payments for businesses.

Q: How does OpenZK’s staking work?

A: Users lock OZK tokens to earn network incentives.

👉 Learn more about DeFi staking


Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research.


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