Weekly Update - Layer 1 & Layer 2 News (Week 21, 24/05/2022 – 30/05/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 21, 24/05/2022 – 30/05/2022)Terra 2.0 launches with airdrop for previous Terra holders. Staking for ETH 2.0 reaches 10% of $ETH circulating supply. Bitcoin Lightning Network’s capacity reaches new high at 3,900 BTC.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 ExplorerThank you for reading! We hope you find our Weekly Layer 1 & Layer 2 News Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! If you liked this post from Crypto.com Research, why not share it? |
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Market Pulse by the Crypto.com Research & Insights Team (Week 21, 23/05/2022 – 29/05/2022)
Monday, May 30, 2022
Speculator net-short exposure in BTC futures at historical high. ETH options implied vols show inverted term structure. Directional movement index shows downtrend intact for BTC.
Weekly GameFi Update (Week 20, 20/05/2022 - 26/05/2022)
Friday, May 27, 2022
SquareEnix to heavily invest in Web3 gaming. Sony dives into the metaverse. a16z announces a US$600M Web3 gaming fund.
Weekly NFT Update (Week 20, 18/05/2022 – 24/05/2022)
Wednesday, May 25, 2022
Opensea launches new marketplace protocol Seaport. eBay debuts first sports-themed NFT collection. GameStop launches beta for its browser-based non-custodial wallet.
Weekly Update - Layer 1 & Layer 2 News (Week 20, 17/05/2022 – 23/05/2022)
Tuesday, May 24, 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.
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
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