TON Ecosystem Token Surges, TON Sees 24-hour Price Gain of 20.7%

On March 16th, Coinbase Institutional made a disclosure of data showing that Coinbase Prime, which was launched four years ago, had only approximately 50 institutional clients in its first month of 2021. Nevertheless, the number of institutional clients has now grown to thousands. The business encompasses trading, staking, financing, and custody services. The asset under management on Coinbase Prime's platform has reached $40.4 billion, and the quarterly institutional trading volume has reached $364 billion. It provides custody for over 430 assets and offers trading for more than 250 assets.

On March 16th, based on market data, tokens in the BSC ecosystem generally witnessed an increase. These include:
In the last 24 hours, BNX surged by 12.08% and is now priced at $1.1464.
In the last 24 hours, THE surged by 10.71% and is now priced at $0.3909.
In the last 24 hours, CAKE surged by 9.57% and is now priced at $1.866.
In the last 24 hours, BAKE surged by 9.46% and is now priced at $0.144.

On March 16th, Stani, the co-founder of Aave, recently announced the launch of the RWA product Horizon. However, he hinted at the potential introduction of the Horizon token, which has also attracted the scrutiny of the community. According to Temp Check, a portion of Horizon's profits will be allocated to the Aave DAO. If a token is launched, 15% will be allocated to the Aave DAO. The community believes that a new token and brand will detract from the value of Aave. L1D investment partner 0xLouisT stated that introducing a new token for a new business line is a scam. In response, Stani said that the overall consensus of the Aave DAO is not interested in other tokens, and this consensus will be respected. The right way to explore RWAs will be found, and only the AAVE token will be used.

On March 16th, Marek Moraczyński, the leader of the Ethereum client Nethermind, posted an article on the X platform. He stated that more than 80% of the disk space of Ethereum full nodes is occupied by historical records, which are not necessary for validating new blocks. In the new version 1.3.1, Nethermind is ready to delete historical records before the merge through an ERA file. All teams have agreed to carry out this operation on May 1st. If all blocks and receipts are deleted and only the data necessary for validating the newest blocks is retained, the disk space required for a full node will be less than 200 GB.

On March 16th, as monitored by @ai_9684xtpa, an address suspected to be in the ownership of James Wo, the founder of investment firm DFG, has accumulated a total of $18.68 million worth of UNI and MKR. Since February 3rd, this address has withdrawn a total of 1.97 million UNI from Binance ($17.67 million), with an average price of $8.97. Currently, there is an unrealized loss of $5.357 million. Additionally, five hours ago, $1.02 million worth of MKR was also withdrawn.

On March 16th, according to Bubblemaps, even though an Interpol red notice was issued for the LIBRA project lead Hayden Davis, he still launched a new token named WOLF. Last week, there were rumors that the self-proclaimed "Wolf of Wall Street," Jordan Belfort, was going to launch his own token called WOLF. The WOLF token has the same design as another token, HOOD, launched by Hayden Davis, and the creator of the WOLF token pointed to Hayden Davis's address.