Algorand Foundation has deployed 36 million ALGO to Algorand’s native lending markets, options vaults, and algo/galgo liquidity. This could have played a role in Algorand’s double digit TVL growth.
Latest Articles from Dipayan Mitra
Polkadot will soon receive AI capabilities thanks to the partnership between Peaq and Fetch.ai. Well, DOT’s price might take a while to respond to this update.
Aptos pushed its Node Release v1.2.4, which came with multiple new features and capabilities. Aptos’ network help was in check, but APT’s price plummeted.
Bitcoin’s golden days might return soon as exchange outflow continues to increase. Apart from MACD and CMF, most other market indicators and metrics were bullish.
Polygon, in its latest blog, addressed multiple questions regarding zkEVM and its EVM equivalence. ZkEVM’s performance, on the other hand, remained a little concerning.
Cardano’s market grew substantially during the last quarter. However, it failed to attract new users as active addresses and daily transactions declined slightly.
Tron launched two new features for Stake 2.0. As per TRONSCAN, the total amount of TRX staked, at press time, showed signs of recovery by registering an uptick.
The number of swaps via 1Inch on the Optimism network surpassed the 1 million mark on 18 April. However, 1INCH’s total number of stakers and active addresses declined.
Synthetic launched its new Perps Optimism Trading Incentives program, which is based on SIP-2003. As part of the program, up to 300,000 weekly OP will be awarded to traders.
VeChain’s total NFT trade count and trade volume in USD declined. The VORJ launch can potentially help VeChain’s NFT space flourish.
Avalanche’s daily active users surged by more than 140% in the last seven days. Thanks to that, the network’s revenue increased, which looked encouraging.
EOS launched its EVM, making it a competitor for Polygon’s zkEVM and zySync Era. Positive sentiment spiked during the launch, but things turned around later.