Monday was a record-breaking day for Coinbase and Binance

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Cryptocurrency exchanges Coinbase and Binance broke their all-time highs for volume on Monday, according to data compiled by The Block. 

Coinbase reached $9.56 billion in daily exchange volume — about a 57.9% increase from its $6.05 billion previous peak in January 7, 2021.

On the same day, Binance reached $30.66 billion. That’s roughly 38% greater than the exchange’s last high of $22.1 billion on January 7, 2021.

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Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
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Aug 11, 2021, 5:18PM UTC
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