#DeFiGetsGraded On August 11, the ZORA cryptocurrency soared to an all-time high of $0.139, achieving a daily jump of 36.95%, bringing its market cap to over $436 million, according to data from crypto.news. This represents a gain of more than 160% since the beginning of the month, and nearly 1,600% compared to its July lows.
This resounding rise was driven by increased activity among large wallets (whales). Nansen data showed that their balances grew by 16.4% since August 4, from approximately $29 million to $33.9 million, reflecting growing confidence among major investors. The expansion of the Base ecosystem and the thriving "creator coin economy" also contributed to the momentum, with over 2 million creator coins produced, attracting nearly 3 million traders, and generating over $512 million in trades since the relaunch. $BTC