#staking protocols, restoking, and modular Blockchain tokens are the biggest fundamental advances we have compared to the last cycle. The first has $LDO and $RPL as main tokens and the second TIA. In the case of LDO and RPL, the amount of $ETH ETH staked in the protocols is what most impacts the price, that is, new institutional demand. I believe that the issue that will most impact this demand will be regulatory issues (ethereum ETF approval, for example). Modular blockchain tokens like $TIA will mainly come from bridges, as the technology develops and takes away the usefulness of bridges, which are the main target of the biggest crypto hacks. The big security problem involving interoperability between#L2and between chains that bridges do not solve modular blockchains seem to solve. This is an example that clearly demonstrates technology evolving towards solutions to problems that are only really felt with the practice and real use of networks... in the last cycle the big problem was fees and today we have solutions improving this both in ethereum and secondary solutions in figurative blockchains. As a result, there was a need to communicate between several networks and layers and the first solution was bridges... which proved to be fragile and suffered hacks from all sides... the new solution appears to be modular blockchains, which if developed and functioning can compete with layer 0 solutions. such as polkadot, which has as its main advantage that governance is more practical and transparent than these protocols and may be less useful in the short term but will gain importance as ethereum governance may face problems in the future. In other words, everything is uncertain but there is a clearer direction to be aware of. #HotTrends #BinanceSqaure #criptomoedas
There are <span hours left until the#Dencunupdate of the#Ethereumnetwork begins. The change will have an impact on reducing the cost of transaction fees on ethereum 2nd layer networks to almost zero according to research by the renowned Fidelity Digital Assets, a company involved with blockchain since 2014 and serving hundreds of institutions around the world interested in building in the crypto market. The update tends to be felt in the user's practice (and in the pocket) over the next few months, however, the increase in new network demand (tx/s) may offset the reduction in cost. In other words: it may reflect more on long-term fundamentals than on the price paid for using the network in the short term. What to expect in the short term, then? If the expected short reduction of ~40x is faster than the new demand and the user sees an advantage in using L2 in relation to networks like #Solana, it will positively impact the price of ethereum because larger long-term investors gain by providing liquidity for short speculation investors/staking term, but if the opposite happens and the impact on prices is less than the new search for use by users, tokens from more centralized networks “ethereum killers” gain speculative importance. In the long term, the thesis of centralized and decentralized dapps in L2 ethereum remains stronger than that of feature blockchains, in the short term, not so much. Experimental projects may prefer to build on supporting EVM compatible networks such as Solana so as not to waste time and continue waiting for cost reductions on the Ethereum network to develop. Remembering that the update impacts more on users than on developers, who depend on the network cost of the mainnet, different from the user who chooses to directly use layer 2.
🇧🇷 Cryptoconnections: let’s form the biggest nation in this business, guys?! I will follow everyone who comments. Follow whoever commented and leave your comment to become a follower. #cryptocurrencies
Follow to get daily alpha #crypto tips and dont FOMO. #BullRun🐂 is near but for now expect to see volatility and #pullback in #bitcoin prices. “Buy the rumors, sell the news”. Enjoy the mini-altseason pushed by ethereum update 13/03 and remember to #btfd when bitcoin dumps maybe next 30-50 days. Halving is the least important factor compared to ETFs and US elections.
Look at the partners of this #cripto de #IA it should explode in the next hype of the category and is totally under the radar. With the launch of open-source AI #elonmusk , the sector should be a focus for capital inflow. Stay tuned! 10 comments and I reveal the crypto that is even listed on #binance