Major protocol improvements, attractive staking rewards and real-world adoption from banks back the current bullish price action seen in XTZ.
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Major protocol improvements, attractive staking rewards and real-world adoption from banks back the current bullish price action seen in XTZ.
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Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market.
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The total number of Cardano wallets with at least a $1 million balance has surged from 3,625 on July 20 to 9,830 on Aug. 24.
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The bearish outlook appears also as Cardano’s daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact.
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InCore Bank also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.
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A rapidly expanding DeFi ecosystem and a new low-cost bridge to the Ethereum network are just a few reasons why AVAX price is up 200% in August.
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ADA’s daily close above the $2.30 resistance and a classic bullish technical analysis pattern signal that the altcoin is ready to hit a new all-time high.
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1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees.
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The company said that they intend for these pools to increase liquidity on hard-pegged assets.
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