The content of the posts posted in many places is increasing in the direction of "I am waiting to add when it will drop" or "I will buy". Friends, "those who go a lot, go a lot", if you are lucky, the project you follow will give you the opportunity to buy. Your idea of ​​expensive levels for projects that have made 10x-20x may be disproven. Some are even still very cheap.

Another popular view is to chase shorts in leveraged market corridors on green days. Don't be stubborn and open a counter position against the trend. Stay tuned. $BTC $ETH #layer-1 #DYOR🟢

New L1 blockchain Saga has launched its incentivized testnet, which is named Pegasus, as the first step in a comprehensive launch sequence leading to the full-featured Saga Protocol V1 Mainnet, scheduled for release in early 2024.

Algorand Ventures announced that it has invested in the P2E game Fracctal Monsters, a play-and-earn monster-taming game.

#nft #layer-1
#blockchain

Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools.

#sui #layer-1 #ZeroKnowledge

Ethereum #layer-1 Revenue Collapse: What's Behind the Drop? 📉

👀 Since the #DENCUN upgrade on March 13, 2024, Ethereum's layer-1 network revenue has plummeted by 99%! Despite a surge in layer-2 (L2) user activity and #transactions —both doubling since March—fees for layer-1 transactions have dramatically dropped from $35.5M to just $578,000. 🙀

The Dencun upgrade, aimed at reducing layer-2 fees, has led to an explosion of competing L2 solutions. With 74 L2 and 21 layer-3 projects now vying for users, the race to offer the lowest fees has intensified, driving more activity off the Ethereum base layer. 🧐

This fierce competition has driven transaction costs down, counteracting the deflationary effects of EIP-1559 and causing a steady increase in $ETH supply. Therefore, Ethereum has ceased to be a deflationary asset, which can negatively affect its price. 🤷

Is the L2 boom causing Ethereum’s base layer to suffer? 🤔🔍

🤝 #DOGSONBINANCE #TON

The standalone Cosmos-based Layer 1 dYdX Chain has entered its beta mainnet stage, enabling active trading to go live for the first time following a decisive governance vote.

#dydx #Cosmos #layer-1

This skyrocketing crypto MARKET is dominant!?

1.Layer-1
The layer-1 sector, namely a collection of crypto assets included in the main network blockchain (layer-1) leads the capitalization value of US$ 1.8 trillion with the most dominance contributed by Bitcoin (BTC) and Ethereum (ETH), followed by Binance Coin ( BNB), Solana (SOL), and Cardano (ADA).

2.Stablecoins
The sector in second place is Stablecoins. Stablecoins in this category only count stablecoins pegged to the US Dollar. This sector contributed capitalization of US$143.3 billion.

The top three crypto assets in this sector are Tether (USDT), USD Circle (USDC), and Dai (DAI). Tether dominates this sector with a dominance rate of 71.38% of all USD stablecoins.

3. DEFI
The DeFi sector is a collection of crypto assets that are included in the utility and governance tokens of a DeFi project. This sector contributed capitalization of US$100.6 billion, the third largest after layer-1 and stablecoins.

The top three crypto assets in this sector are Lido staked Ether (stETH), Chainlink (LINK), and Uniswap (UNI). Lido staked Ether (stETH) is the most popular liquid staking token (LST) among other Ethereum LSTs, with a dominance of 71.5%.

Our YouTube is a "money IDEA"

#defi #layer-1 #stablecoin #ideuang #yttun