DeFi

The world’s largest altcoin, Ethereum, despite its sheer dominance, has faced a lot of criticism given its limited transactions per second (TPS). This has often contributed to a massive surge in gas prices thanks to network congestion. And, this is exactly where Layer 2 (L2) solutions enter the picture. Standing out On-chain activity for leadingContinue reading “Up by 12.7% – Assessing why this L2 network’s on-chain activity shot up”

The Cardano network had faced several congestion issues last month when major decentralized applications (dApps) had rolled out on the network. However, it has since shown accelerated efforts towards fixing these scalability issues. It recently revealed a roadmap that is “focused on performance optimization and scalability”. And, it appears to be moving on time, withContinue reading “Cardano’s February release promises a lot, but will there be more to come”

The stablecoin space is an intriguing one for investors right now. For many, Terra remains a top pick. Algorithmic stablecoin network Terra and its LUNA token registered an impressive rally over the past few days. After hovering around the $50-level last week, LUNA exploded to trade close to $89, at the time of writing –Continue reading “LUNA: UST’s demand, burning rates, and what they mean for the alt”

Throughout the previous year, Ethereum‘s rising gas fee was among the biggest concerns of the cryptocurrency industry. Well, especially due to Ethereum’s major role in DeFi and NFTs. The rising gas fees had inadvertently led to more congestion. Hence, higher transaction time and costs. Ethereum’s development team has been breaking necks over fixing these issues.Continue reading “Ethereum’s lowering gas fee could be a dangerous indicator for its price; here’s why”

Polygon’s TVL registered a sudden hike over the last 24 hours in a surprising turn of events. Now, while that took many by surprise, upon inspection, it was observed that this hike was thanks to just one of its more than 200 protocols – Balancer. The decentralized exchange today closed its voting on a veryContinue reading “The lesser-known reason behind Polygon’s TVL hiking by $3 billion”

One of the leaders in the  Metaverse, The Sandbox has registered immense growth over the last couple of months. GameFi protocol announcing the release date and all that’s coming in Season 2 is only likely to push this growth higher. Even so, it’s worth pointing out that the impact of this announcement expands beyond just gamers.Continue reading “The how and why of The Sandbox’s recovery roadmap”

The immense success that the cryptocurrency industry has experienced over the past couple of years was facilitated not just through Bitcoin‘s rising popularity, but also the emergence of sectors such as decentralized finance. While the sector grew many-fold since mid-2020, it also fostered the growth of tokenized assets that aid in DeFi trade. For instance,Continue reading “What effects broader sentiments had on wBTC supply vis-à-vis DeFi & Ethereum”

Ethereum‘s scalability issues have created a whirlwind of problems for the cryptocurrency industry, however, it has also fostered a ground for innovative ideas to overcome the same. Many layer 2 solutions have emerged in the recent past in order to combat the congestion on Ethereum, including zero-knowledge rollups. An enhancement for this has now beenContinue reading “Scalability issues no more? First EVM compatible ZK Rollup live on ETH’s public testnet”

The rapid pace of crypto-adoption is increasing opportunities for investments in the market. And in doing so, many new investment tools have appeared over the years. The arrival of ETFs, DeFi, Metaverse, and more has expanded the scope for people to invest in. Here’s the latest in this mix of products… DeFi ETFs are hereContinue reading “Here’s the big picture for DeFi, Bitcoin ETFs”