Part 9/13:
Data shows high cross-chain transaction volumes, with Ethereum and Solana dominating. This "multi-chain" activity emphasizes that users and institutions are increasingly operating in a multi-layered blockchain environment, seeking speed and efficiency.
Stock Market and Broader Financial Trends
Tech Giants Outperform; Tesla Under Pressure
In equities, big tech companies like Microsoft, Google, and Nvidia saw gains, with Nvidia up nearly 7.5% last week. However, Tesla experienced an 8% decline, raising questions about its valuation, especially given Elon Musk's focus on AI and autonomous technology. Despite recent volatility, Tesla still dominates EV market share, capturing about 73% of US EV revenue.