Thread by @DappRadar

📚 This week has been intense in the crypto space, so relax with a cup of coffee and indulge in some weekend reading as we give a recap of the trends 👇

1/
🔹 @FTX_Official's venture capital arm is one of the big investors in @solana. As news about #FTX’s insolvency issues hit the market, trust in #Solana’s native token, $SOL, dropped fast, impacting the entire #DeFi industry.

➡️ Find out why: dappradar.com/blog/ftx-cause…

2/
🏆 @cryptopunksnfts retakes the number 1 position as the most valuable NFT collection. @BoredApeYC floor price dropped from 70 ETH to 59.7 ETH within days.

Now, the Second Flippening has happened, but at the moment, there’s no time for celebrations

➡️ dappradar.com/blog/ftx-turmo…

3/
Despite the problems we faced this week, our data shows that user numbers are up for plenty of gaming #dapps, proving that the #Web3 ecosystem is larger than just crypto and finance.

➡️ Read More: dappradar.com/blog/blockchai…

4/
As the fall of #FTX heavily impacted the #crypto industry, cryptos have taken a severe beating.
However, in the blockchain gaming space, we also had great and positive news popping up on our radar involving @the_phantom_g, @nftworldsNFT, etc.

➡️ medium.com/dappradarmagaz…