Weekly Update - Layer 1 & Layer 2 News (Week 20, 17/05/2022 – 23/05/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 20, 17/05/2022 – 23/05/2022)Ethereum’s Ropsten will test the Merge. Cardano’s hard fork will reduce transaction size. Filecoin Foundation plans plans to host nodes in space.
Key Takeaways
Highlights
Layer 1 Project Metrics
* % change is based on the difference between two subsequent bi-weekly periods† Sum of P, X and C-chain total transactions‘–’ denotes missing, unavailable, or incomplete dataSources: Coingecko, Etherscan,Ethernodes, Cardanoscan, Avascan, Solana Beach, FTMscan, BSCscan,CronoScan, Cronos Explorer, DeFi LlamaLayer 2 Project Metrics
* Figure refers to Lightning nodes with active channels† Ronin is the sidechain developed by Sky Mavis for Axie Infinity‘–’ denotes missing, unavailable, or incomplete dataSources: DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer, Andromeda Metis Explorer
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Market Pulse by the Crypto.com Research & Insights Team (Week 20, 16/05/2022 – 22/05/2022)
Monday, May 23, 2022
Chart of the Week: Mind the BTC and Financial Conditions Gap BTC is first and foremost another risk asset currently, so look for its returns to be driven in large part by macro risk factors. Financial
Weekly NFT Update (Week 19, 11/05/2022 – 17/05/2022)
Wednesday, May 18, 2022
Bored Ape Yacht Club #6462 sells for 200 $USDC. OpenSea plans to combat fake accounts and counterfeit NFTs. Crypto.com NFT announces the 'UFC collection book'.
Weekly Update - Layer 1 & Layer 2 News (Week 19, 10/05/2022 – 16/05/2022)
Tuesday, May 17, 2022
Terra blockchain restarts after $LUNA price crash. New $BTC mining project launches in Mobile, Alabama. Ex-Meta crypto chief unveils Lightspark, a new project for enhancing Bitcoin, Lightning Network.
Market Pulse by the Crypto.com Research & Insights Team (Week 19, 09/05/2022 – 15/05/2022)
Monday, May 16, 2022
Tokens outperforming ETH in the market sell-off. BTC exchange balance rebounds. Options implied vols spiking: market in risk-off mode.
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Friday, May 13, 2022
NASA and Epic Games team up for the 'Martian Metaverse'. Samsung to create their own Metaverse. Nyan Heroes closes a $7.5M funding round with support from Crypto.com Capital.
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