On August 17, Definitive's EDGE token reached record valuation, while X Layer saw a sharp spike in on‑chain activity and meme coin XDOG doubled its market cap amid high volatility warnings.
On August 17, Definitive’s EDGE token rose 24.58% in 24 hours, briefly pushing its market cap above $150 million before easing to around $146 million, according to GMGN data. Separately, Geckoterminal data shows X Layer’s on‑chain trading volume hit $42.87 million in 24 hours, up 253%, with 268,300 transactions. Meme coin XDOG’s market cap surged 102.6% to $11.85 million over the same period. Users are cautioned about meme coin volatility and advised to protect assets and avoid FOMO.