volume in the past week. This indicated a high level of interest and demand for BAYC and related assets, which was reflected in the growing profitability of BAYC holders.Additionally, the TVL collected by staking BAYC also increased, according to data provided by Dune Analytics. This was a positive sign for the network’s growth and adoption. However, the APY generated by staking this asset declined materially, which could be a cause for concern for investors.
However, the network growth of ApeCoin declined. This suggested that the number of times new addresses transferred APE for the first time decreased over the last few days.At the time of writing, the price of APE was $5.55 after decreasing by 3.59% in the last 24 hours, according to
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