DeFi & L1L2 Weekly - 📈 Ethereum L2 Transactions Surge as Fees Drop Post Dencun
DeFi & L1L2 Weekly - 📈 Ethereum L2 Transactions Surge as Fees Drop Post DencunTransactions spike as fees drop in Ethereum L2s post Dencun. Fidelity adds staking to Ether ETF application. Arbitrum rolls out Atlas upgrade, with additional fee reductions and more.Weekly DeFi IndexThis week's market capitalisation and volume indices were negative at -14.97% and -2.81%, respectively, while the volatility index was positive at +19.30%. Chart of the WeekEthereum Layer-2s have been seeing an increase in transactions following the successful activation of the Dencun upgrade on 13 March. With this highly-anticipated upgrade is EIP-4844 which introduced ‘data blobs’. These blobs bypass the traditional ‘call data’ process to publish information on the Ethereum mainnet, enabling lower transaction fees in L2s. The reported jump in transactions can be attributed to the vast reduction in fees following the update. Average transaction fees on these L2s have experienced a significant reduction, with some platforms reporting up to a 99% drop. News Highlights
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Crypto Market Pulse Weekly - 🚀 Ethereum Dencun Upgrade Went Live!
Monday, March 18, 2024
Ethereum Dencun upgrade went live. VanEck temporarily removes management Bitcoin ETF HODL. CoinShares acquires Valkyrie's ETFs business. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📈 Loaded Lions Holders Receive Exclusive Benefits in Rewards+
Friday, March 15, 2024
Loaded Lions NFT holders receive exclusive Rewards+ benefits. Heroes of Mavia reaches three million global downloads. NFT market experiences a downtrend in the past week. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 💫 Community Gears Up For Ethereum Dencun Upgrade
Wednesday, March 13, 2024
Community gears up for Ethereum Dencun upgrade. BRC-20 creator Domo addresses governance issues with UniSat partnership. Goldman Sachs, BNY Mellon, and others test Canton Network for tokenised assets.
Crypto Market Pulse Weekly - 📈 BTC Reached New ATH $71,000 and ETH Retook $4,000
Monday, March 11, 2024
BTC reached a new ATH of $71000 and ETH retook $4000. Crypto.com partners with Altava Group to expand the Web3 ecosystem. BlackRock plans to acquire spot Bitcoin ETPs for its Global Allocation Fund. ͏
NFT & Blockchain Gaming Weekly - 📈 The NFT market surged by 18% in sales volume
Friday, March 8, 2024
Ethereum NFTs sales volume saw 46% surge. CryptoPunk #3100 sold for $16M, the 2nd highest for this collection. Popular music festival Coachella partners with OpenSea via NFTs ͏ ͏ ͏ ͏ ͏ ͏ ͏
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