Stacy in Dataland (´⊙~⊙`)

BNB Chain’s TVL has climbed to $13.4B, its highest level since 2022. Active addresses have stayed above 14M for nine straight weeks, and $BNB trades just 3% below its all-time high, even as most tokens have already pulled back.

Digital asset treasuries have become the leading driver of crypto capital allocation in 2025. So far, companies have raised over $15B, outpacing traditional venture funding.

Coins that reached new all-time highs in August.

Global search interest in altcoins has dropped sharply amid the latest crypto pullback. Searches for “alt season” fell to 45 this week, down from 100 just days earlier when Bitcoin hit $124,128.

Layer 2 trading remains highly concentrated, with Base capturing nearly half of all activity. Uniswap dominates across chains, with PancakeSwap trailing behind.

Most global fund managers surveyed by BofA still hold zero crypto. Even among those with exposure, the average portfolio allocation is just 3.2%.

New token markets are heating up fast, with daily volumes ranging between $400M and $1.6B. Binance stands out, recording $1.1B in trades in just a single day.

In Q2 2025, Marinade Finance reached 11.1M SOL staked across its three products. Marinade Native now leads by TVL, driven by institutional demand for non-custodial SOL staking.

Events, news and smart insights this week in the new research 📨 General ➖Crypto.com: Research Roundup Newsletter [August 2025] ➖ Binance: Weekly: Rate Cut Incoming, BTC ATH and ETH Rallies, Stablecoins in Limelight ➖ Galaxy: Backing DoubleZero to Usher in a New Era of Blockchain Scaling ➖ Galaxy: Weekly Top Stories - 8/15/25 Market ➖ CoinShares: Market update - August 15th, 2025 ➖ CoinShares: Digital asset fund flows | August 18th 2025 ➖ Coinbase: Weekly: Fed, ETH and new stablecoin L1s ➖ Glassnode: BTC Market Pulse: Week 34 ➖ Glassnode: A Derivatives Led Market ➖ Galaxy: ETH ETF Flows, Treasury Buys, and the Crypto Rally ➖ Galaxy: Institutional Flows and Yield Strategies Drive Crypto Market Maturation DeFi ➖ Coinmarketcap: Bitunix Earn: Turn Idle Coins Into Moon-Ready Yield

The fastest-growing stablecoin and RWA issuers, measured by 30-day TVL growth (filter: TVL > $100M). Top 5 issuers: WisdomTree Prime, Ethena, Global Dollar Network, PayPal, Agora.

According to Dune data, BTC ETFs currently hold 6.38% of total Bitcoin supply, while ETH ETFs account for 5.08% of all ETH. At the current pace, ETH ETFs are on track to surpass BTC ETFs by September.

Solana’s ecosystem TVL has climbed to a record ~$32.4B, up ~200% YoY. Top apps by TVL include Circle, Kamino, Jupiter, Jito, Sanctum, Marinade, Tether, and more.