KLAY’s market cap is roughly 70% below its all-time high, but the network’s TVL and DApp data hint that the service-oriented blockchain might bounce from its lows. Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s…
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MATIC price is still 50% below its all-time high, but the network’s TVL and DApp data hint that the layer-2 solution remains a serious contender. After a devastating 50% correction between Dec. 25 and Jan. 25, Polygon (MATIC) has been struggling to sustain the $1.40 support. While some argue this top-15 coin has merely adjusted…
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ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5%…
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SOL price is down 48% year-to-date and data shows that its decentralized apps use is fading out, but there are a few reasons to remain hopeful. 2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana’s (SOL) correction has been even…
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The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered…
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What are the limitations that are preventing mainstream adoption and what is the current DApp landscape? Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. In my first article in this series, I…
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PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain.
Ambrosus is a fully operational Layer 1 EVM-compatible blockchain protocol providing scalability, zero-knowledge…
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GALA gains 117% so far in February as the ecosystem continues to attract new users. The play-to-earn (P2E) gaming sector of the cryptocurrency ecosystem has been one of the sectors most resilient to the volatility and price declines in the past couple of months as gamers are jumping on the ability to earn income while…
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It’s not just scalability: could a new smart contract development paradigm be the key to unlocking mainstream DeFi? The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is its “Nakamoto” consensus, Ethereum Virtual Machine (EVM) execution environment, and Solidity programming language. Together, these technologies have…
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Decentralized technologies’ insiders shared their views on DeFi and the role, achievements and challenges the space faced in 2021. Tristan Frizza of Zeta Markets: Tristan is the core contributor to Zeta Markets, an under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike. “We’ve seen a Cambrian explosion in the DeFi ecosystem…
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