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Ethereum metrics exhibited a higher beta. Notably, the strong rebound in Ethereum on-chain metrics was greatly aided by the NFT craze.
Total adjusted on-chain volume increased by 28.4% to $520.2 billion.
Stablecoin supply grew slightly by 2.6% to a new all-time high of $113 billion.
Centralized exchange spot trading volumes increased by 64.6% to $1.072 trillion.
Footnotes
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