In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
Arkham Intelligence's blockchain data reveals that an overwhelming 90% of TUSD's substantial $3.1 billion market capitalization is held within Binance's crypto wallets.
The objective behind this action is to stimulate the demand for block space, thereby enhancing the value proposition of FTM tokens.
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