📍Project Rating: Elastos丨C $ELA

This project has undergone a strategic transformation. Although it is an old project, it has chosen to focus its main strategic focus on BTC L2 in the new cycle (or it can be said that this is a development node in the roadmap)

Originally it was a domestic L1. According to public information, in the early stage of the project, its founding team had arbitrarily ended the lock-up in advance

The solution provided by its BTC L2 itself is the current mainstream one. It uses zero-knowledge proof as the verification method for message transmission between the main network and L2, so that BTC can be locked in the main network and minted. The logic is very similar to Merlin (this is a nice way to say it)

The market value fluctuates beautifully, but the unit price of the coin fluctuates too little, that is to say, its market value fluctuations mainly come from the release activities of the token itself, and there is nothing to pay attention to