{"id":185569,"date":"2021-03-29T19:25:55","date_gmt":"2021-03-29T18:25:55","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=185569"},"modified":"2026-06-12T10:00:12","modified_gmt":"2026-06-12T09:00:12","slug":"kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near\/","title":{"rendered":"Kusama flips legacy projects EOS and TRON as parachain auctions launch draws near"},"content":{"rendered":"<p>Thanks to solid price momentum, Kusama has overtaken legacy projects such as TRON and EOS recently. On the technical front, there is a lot to look forward to as well.<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/cryptoslate.com\/coins\/kusama\/\">Kusama<\/a> can be seen as a developer-oriented environment for coders looking to get acquainted with Polkadot's technology, as both networks share the same code. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">All of the features that will eventually make their way to Polkadot will be tested on the Kusama first. One such development is the upcoming launch of Parachains Auctions, a much-touted feature that will set Polkadot apart from the competition.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The main draw of Kusama &#8211; referred to as Polkadot's canary network &#8211; is how it will see Parachains Auctions' launch before <a href=\"https:\/\/cryptoslate.com\/coins\/polkadot\/\">Polkadot<\/a>. Once the Parachains Auctions' testing phase has been completed across Rococo, the technology will activate on Kusama first. It is this upcoming service launch that seems to spark enthusiasm among KSM traders as of late.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By flipping legacy projects such as <a href=\"https:\/\/cryptoslate.com\/coins\/tron\/\">TRON<\/a> and <a href=\"https:\/\/cryptoslate.com\/coins\/eos\/\">EOS<\/a> in market cap, Kusama has attracted a lot of attention. Currently, at a market cap of $4.824 billion, the project is quickly rising the ranks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To traders, the upcoming developments hold a lot of potentials to push the KSM price further. Cryptocurrency and blockchain ecosystems thrive when developers are on the verge of incorporating crucial upgrades, such as Parachains Auctions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From a long-term perspective, it seems plausible to assume that Kusama will be a rather agile ecosystem. Although Polkadot will remain the primary network, there are lots of opportunities for developers via Kusama.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Especially when it comes to innovative features and services that may not be integrated into Polkadot directly, launching them on Kusama can prove beneficial to ensure everything is working optimally before porting it to the main network.\u00a0<\/span><\/p>\n<h2 class=\"post-title\">Acala Network wins a parachain slot on Polkadot testnet<\/h2>\n<p>Recently, <a href=\"https:\/\/cryptoslate.com\/new-launch-sees-polkadot-stablecoin-acala-power-ethereum-based-defi-systems\/\">Acala Network<\/a>\u00a0became the first-ever project to\u00a0<a href=\"https:\/\/twitter.com\/acalanetwork\/status\/1375271112435773440?s=12\">win a parachain slot auction<\/a>\u00a0on Rococo, the \u2018testnet\u2019 of high-speed blockchain network Polkadot. The project now occupies the first public parachain slot on Rococo.<\/p>\n<p>The project aims to issue an Acala Dollar (USD), a stablecoin pegged on a 1:1 basis with the US dollar, meaning it\u00a0<i>always<\/i>\u00a0holds that price with users receiving awards for every Acala Dollar they hold. This would allow users to send and receive USD across any blockchains connected to the Polkadot network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to solid price momentum, Kusama has overtaken legacy projects such as TRON and EOS recently. On the technical front, there is a lot to look forward to as well. Kusama can be seen as a developer-oriented environment for coders looking to get acquainted with Polkadot&#8217;s technology, as both networks share the same code. All [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":185570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,77082,15323],"tags":[67749,76729],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kusama flips legacy projects EOS and TRON as parachain auctions launch draws near<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kusama flips legacy projects EOS and TRON as parachain auctions launch draws near\" \/>\n<meta property=\"og:description\" content=\"Thanks to solid price momentum, Kusama has overtaken legacy projects such as TRON and EOS recently. On the technical front, there is a lot to look forward to as well. Kusama can be seen as a developer-oriented environment for coders looking to get acquainted with Polkadot&#039;s technology, as both networks share the same code. All [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T18:25:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-12T09:00:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/kusama.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/kusama-flips-legacy-projects-eos-and-tron-as-parachain-auctions-launch-draws-near\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/news-desk\/#person\",\"name\":\"News Desk\",\"url\":\"https:\/\/cryptoslate.com\/author\/news-desk\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/news-desk\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/news-desk\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/author-cs-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/author-cs-300x300.jpg\",\"caption\":\"News Desk\"},\"jobTitle\":\"Editor\",\"description\":\"CryptoSlate is a comprehensive and contextualized source for crypto news, insights, and data. 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