Key Takeaways

• El Salvador added an additional 100 Bitcoin (BTC) to their current holdings after a price dip in the wake of the announcement of the discovery of the Omicron variant. (ref)

• Vitalik Buterin proposed EIP-4488, announcing it in a forum post. This would limit the maximum blocksize in Ethereum (ETH) as a stopgap solution to cut fees in expectation of the network transitioning to a rollup-based structure. (ref)

• StarkNet Alpha has been launched on Ethereum Mainnet. This is a Layer 2 rollup offering from Starkware, the influential Layer 2 development studio. (ref)

Highlights

• El Salvador buys the dip, adds 100 more bitcoin to existing stash

• Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

• StarkNet Alpha, now on Mainnet!

• Physical Bitcoin fund approved in Singapore

• Ethereum Layer 2 project Boba Network hits $1B locked

• Bitcoin processed 62% more transactions than PayPal in 2021

• Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum

• Cardano increases block size by 12.5%, what this means

• Crypto lender Celsius increases Bitcoin mining investment to $500 million

• Popular Ethereum mixer Tornado Cash is ready to integrate with Arbitrum

• Rising Fees on Avalanche Trigger scramble for solutions

* % change is based on the difference between two subsequent bi-weekly periods

† X-Chain total transactions plus C-Chain total transactions

 ‘-’ denotes missing, unavailable or incomplete data

Sources: Coingecko, Etherscan,Ethernodes, Terra Station, Terra Etherscan, Avascan, Solana Beach, FTMscan, BSCscan,Cronos Explorer, DeFi Llama

Sources:  DeFi Llama, Polyscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan