21Shares released an in-depth report of what went down in the sector across all levels. In this report, you’ll find interesting developments around Chainlink, Bitcoin and a host of others.. At some point, market participants had much to celebrate. Other times, the conviction that the market would either be favorable or maintain a good level of stability dampened.of what went down in the sector across all levels.
“Crypto has been historically negatively correlated with this index, signaling that investors view it as a risky asset class. However, as crypto expands on use cases, we are seeing increasing decorrelation within the asset class itself.”, which faced numerous challenges and FUD lately, outperformed both Bitcoin and Ethereum. One of the major reasons for the token’s impressive performance was its partnership with payment platform Visa.
MKR, on the other hand, could boast a 79% hike in Q3, thanks to the increase in its annualized revenue and interest from Maker’swith Real World Assets . Ethereum also made some notable advancements in the quarter especially as it concerns staking and scaling solutions on the blockchain.For instance, to combat the centralization of the blockchain, Ethereum leveraged the
Furthermore, the liquid staking sector continues to dominate the activity on the blockchain. According to the report, liquid staking accounted for 42.8% of all activity withMeanwhile, Ethereum has also delayed its next major upgrade, the Dencun upgrade, till next year. As per scaling on the blockchain, Eclipse, a customizable rollup provider introduced a modular scaling solution.
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