▪️Flexibility with multichain, each blockchain can have its own set of rules, consensus mechanisms, and features. This flexibility enables organizations to tailor individual chains to specific requirements, accommodating diverse use cases within a single network.#Multichain #multichains #chains #network

▪️Multichain technology allows for the implementation of separate chains with varying levels of privacy and security. Sensitive data can be stored and processed on private chains, while public chains can be utilized for transparent and auditable transactions. This provides greater control over data access and ensures appropriate levels of privacy and security for different types of information.#Multichain #chains

▪️Multichain facilitates interoperability between different chains within the network. Assets, data, and information can be transferred or shared between blockchains seamlessly, enabling efficient collaboration and integration between different entities or applications.#MultiChain #assets #chains

⚡#LayerZero has announced its expansion to the #Polygon #MATIC zkEVM mainnet

LayerZero, an omnichain interoperability protocol designed for lightweight message passing across #chains , is now live on Polygon #zkEVM Mainnet.

- #Cardano (ADA) has made significant progress in the crypto market, highlighted by the Messari report.

- The report underscores Cardano's achievements in Q2 2023, solidifying its position as a prominent player in the industry.

- Cardano is focusing on building a robust ecosystem, particularly in #decentralized finance ( #DeFi ) and non-fungible tokens (NFTs).

- The Total Value Locked (TVL) for Cardano saw substantial growth, rising from 34th to 21st across all #chains in 2023.

- Average daily decentralized application ( #dapp ) transactions surged by 49% QoQ, with Minswap showing significant growth in transaction volume.

- Despite a decline in NFT metrics during Q2, Cardano's ecosystem expanded across various sectors, particularly DeFi.

- The report highlights the growth and diversification in sectors like DeFi, NFTs, and Layer-2 solutions.

- Cardano's native token, ADA, has faced a decline since its yearly peak on April 15, currently trading at $0.2933.

$BTC $ADA $BNB

ANALYSIS OF THE TOP WHALE WALLETS

The whale is an individual or entity that #holds large amounts of #crypto . Whales hold enough crypto that they have the potential to manipulate #currency valuations. In our analysis, we took into consideration Top-1000 whale #wallets across 5 different #chains