PANews reported on November 4 that according to a post by The Block's research director @lars0x, most indicators in the crypto market increased in October, with the adjusted total on-chain transaction volume increasing by 28.1% to $420 billion (BTC: +32.1%, ETH: +20.9%). The adjusted on-chain transaction volume of stablecoins increased by 8% to $899 billion, and the issued supply decreased by 0.7% to $149.3 billion, of which USDT accounted for 79.5% and USDC accounted for 16.9%:
BTC miner revenue grew 25.4% to $1.02 billion in October, while ETH staker revenue grew 5.8% to $221.5 million. A total of 41,648 ETH were destroyed in October, equivalent to $105 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.43 million ETH have been destroyed, equivalent to $12.5 billion. Monthly NFT market volume on Ethereum grew 26.5% to $121.6 million.
Legal CEX spot volume increased by 16.3% to $843 billion in October, with monthly net flows of +$5.3 billion for all BTC spot ETFs. IBIT net inflows hit a record high of $872 million on October 30. Bitcoin futures open interest increased by 22.9%, and Ethereum futures open interest increased by 14.6%. BTC monthly futures volume increased by 12.1% to $1.25 trillion. CME Bitcoin futures open interest increased by 21.5% to a new high of $12.5 billion (ADV increased by 9.6% to $5.3 billion). Bitcoin options open interest increased by 35.7%, and Ethereum options open interest was flat from last month. BTC monthly options volume increased by 39.8% to $54 billion, and ETH monthly options volume increased by 4.7% to $10.2 billion).
