Weekly Update - Layer 1 & Layer 2 News (Week 22, 31/05/2022 – 06/06/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 22, 31/05/2022 – 06/06/2022)Solana halted due to a bug. 1.4M addresses hold at least 1 ETH. Optimism’s airdrop hit turbulence.
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 data
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* Figure refers to Lightning nodes with active channels
† Ronin is the sidechain developed by Sky Mavis for Axie Infinity
‘–’ denotes missing, unavailable, or incomplete data
Sources: 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 22, 30/05/2022 – 05/06/2022)
Monday, June 6, 2022
Does ETH need to play catch-up to NASDAQ? Put-call ratios show diverging sentiment for BTC and ETH. Look to Fibonacci for BTC support and resistance.
Weekly GameFi Update (Week 21, 27/05/2022 – 02/06/2022)
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South Korea invests US$177.1M in metaverse projects. Subway enters the metaverse with two new patents. Sky Mavis reveals projects accepted into its Builders Program.
Weekly NFT Update (Week 21, 25/05/2022 – 31/05/2022)
Wednesday, June 1, 2022
CallawayGolf joins LinksDAO as investor. Free-to-mint Goblintown NFT collection does $22M in volume. 'UFC x Gian Galang' collection available on Ccrypto.com NFT.
Weekly Update - Layer 1 & Layer 2 News (Week 21, 24/05/2022 – 30/05/2022)
Tuesday, May 31, 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 3900 BTC.
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.
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