Weekly Update - Layer 1 & Layer 2 News (Week 27, 05/07/2022 – 11/07/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 27, 05/07/2022 – 11/07/2022)Ethereum developers have activated the Merge on the Sepolia testnet. Approx. 50 Terra projects are migrating to the Polygon network. Ronin attacker in March gained access via a fake job advert.Key Takeaways
Highlights
Layer 1 Project Metric* % 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 Metric* 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 27, 04/07/2022 – 10/07/2022)
Monday, July 11, 2022
Miners sold BTC in June to help sustain operations. ETH options implied vols drifting lower. ETH perps funding rates turning positive.
Weekly GameFi Update (Week 26, 01/07/2022 - 07/07/2022)
Friday, July 8, 2022
Axie Infinity introduces land staking. Niantic partners with NBA to create AR game 'NBA All-World'. Oasys raises US$20M with the help of Crypto.com Capital.
Weekly NFT Update (Week 26, 29/06/2022 – 05/07/2022)
Wednesday, July 6, 2022
Meta trialling NFTs as Facebook posts. World of Women NFT and Hasbro team up to create Monopoly NFT game. ENS domains '000.eth' sells for 300 ETH.
Weekly Update - Layer 1 & Layer 2 News (Week 26, 28/06/2022 – 04/07/2022)
Tuesday, July 5, 2022
Ethereum delays difficulty bomb and Sepolia testnet prepares for the Merge. Compass Mining denies unpaid bills comments amidst CEO&CFO resignations. Cardano successfully launches Vasil on its
Market Pulse by the Crypto.com Research & Insights Team (Week 26, 27/06/2022 – 03/07/2022)
Monday, July 4, 2022
BTC moves in lockstep with high-beta equities. Near-term ETH options skews spike as puts are in demand. Negative prints in $BTC perps funding rates imply build-up of shorts.
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