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Key Takeaways
- Sphere 3D has announced an agreement to buy 60,000 pieces of Bitcoin (BTC) mining equipment, with which it estimates to generate at least 15% of the hashrate of the current global network. This deal would also put Sphere 3D on pace to be one of the largest carbon-neutral bitcoin miners.
- In a recent tweet, Ethereum (ETH) co-founder Vitalik Buterin discussed some proposals to add ‘blob-carrying transactions’ in a near-future hard fork, bringing higher scalability to rollups before full sharding is complete.
- Polkadot (DOT) deposits and withdrawals are now live on the Crypto.com app via Cronos (CRO) chain. In addition, Crypto.com recently announced a multi-year partnership with the LeBron James Foundation to provide crypto education to underserved communities.
- Cronos (CRO) saw a +7.99% increase in total transactions to 14.00M and an increase of TVL to $2.23B (+14.95% week-on-week). The total number of wallet addresses now stands at 344,336, up +1.37% from last week.
Highlights
- Ethereum’s main client almost ready for the merge to proof of stake
- Cardano block size to increase by 11%
- Official: Total number of Cardano wallets hits 3 million milestone
- Gas-free transactions will revolutionize Web3
- Cardano uses the least amount of electricity per node, says CCRI Research
- Polkadot (DOT) consumes the least amount of electricity compared to other top chains, according to new research
- IMX token tumbles as GameStop appears to dump $42M from Immutable X grant
- Shiba Inu leads market comeback with massive 22% leap as launch of its layer-2 blockchain nears
- Polygon joins arms race to become ‘the AWS of Web 3’ with $450 million in fresh funding
- Layer 1 Project Aleo raises $200M
Layer 1 Project Metrics
Ethereum | Terra | Avalanche | Solana | Fantom | Binance Smart Chain | Cronos | |
---|---|---|---|---|---|---|---|
Market Cap of Native Coin | $376.87B | $23.70B | $20.48B | $37.36B | $5.90B | $73.11B | $12.51B |
7-Day Change | +14.26% | +8.68% | +12.02% | +16.48% | +5.27% | +11.75% | +7.82% |
Total Value Locked (TVL) | $135.99B | $15.08B | $10.44B | $8.60B | $9.07B | $13.65B | $2.23B |
7-Day Change | +9.79% | +12.49% | +18.41% | +4.08% | +2.83% | +11.72% | +15.12% |
Cap / TVL | 2.77x | 1.57x | 1.96x | 4.34x | 0.65x | 5.36x | 5.62x |
7-Day Avg. Daily Volume (Native Coin) | $14.79B | $1.79B | $0.74B | $2.33B | $0.75B | $1.21B | $0.12B |
7-Day Change | -11.35% | -33.54% | -11.50% | -1.45% | -46.69% | -25.27% | -23.78% |
Price of Native Coin | $3,152.29 | $58.91 | $83.50 | $117.74 | $2.32 | $434.82 | $0.50 |
7-Day Change | +17.22% | +13.00% | +19.17% | +17.87% | +13.13% | +15.49% | +15.42% |
Total # of Transactions since Launch | 1.46B | – | 88.63M† | 56.21B | 184.21M | 2.45B | 14.00M |
# of Nodes / Validators | 5388 | 130 | 1239 | 1487 | 58 | 21 | 26 |
Market Cap of Native Coin | |
Ethereum | $376.87B |
Terra | $23.70B |
Avalanche | $20.48B |
Solana | $37.36B |
Fantom | $5.90B |
Binance Smart Chain | $73.11B |
Cronos | $12.51B |
7-Day Change | |
Ethereum | +14.26% |
Terra | +8.68% |
Avalanche | +12.02% |
Solana | +16.48% |
Fantom | +5.27% |
Binance Smart Chain | +11.75% |
Cronos | +7.82% |
Total Value Locked (TVL) | |
Ethereum | $135.99B |
Terra | $15.08B |
Avalanche | $10.44B |
Solana | $8.60B |
Fantom | $9.07B |
Binance Smart Chain | $13.65B |
Cronos | $2.23B |
7-Day Change | |
Ethereum | +9.79% |
Terra | +12.49% |
Avalanche | +18.41% |
Solana | +4.08% |
Fantom | +2.83% |
Binance Smart Chain | +11.72% |
Cronos | +15.12% |
Cap / TVL | |
Ethereum | 2.77x |
Terra | 1.57x |
Avalanche | 1.96x |
Solana | 4.34x |
Fantom | 0.65x |
Binance Smart Chain | 5.36x |
Cronos | 5.62x |
7-Day Avg. Daily Volume (Native Coin) | |
Ethereum | $14.79B |
Terra | $1.79B |
Avalanche | $0.74B |
Solana | $2.33B |
Fantom | $0.75B |
Binance Smart Chain | $1.21B |
Cronos | $0.12B |
7-Day Change | |
Ethereum | -11.35% |
Terra | -33.54% |
Avalanche | -11.50% |
Solana | -1.45% |
Fantom | -46.69% |
Binance Smart Chain | -25.27% |
Cronos | -23.78% |
Price of Native Coin | |
Ethereum | $3,152.29 |
Terra | $58.91 |
Avalanche | $83.50 |
Solana | $117.74 |
Fantom | $2.32 |
Binance Smart Chain | $434.82 |
Cronos | $0.50 |
7-Day Change | |
Ethereum | +17.22% |
Terra | +13.00% |
Avalanche | +19.17% |
Solana | +17.87% |
Fantom | +13.13% |
Binance Smart Chain | +15.49% |
Cronos | +15.42% |
Total # of Transactions since Launch | |
Ethereum | 1.46B |
Terra | – |
Avalanche | 88.63M† |
Solana | 56.21B |
Fantom | 184.21M |
Binance Smart Chain | 2.45B |
Cronos | 14.00M |
# of Nodes / Validators | |
Ethereum | 5388 |
Terra | 130 |
Avalanche | 1239 |
Solana | 1487 |
Fantom | 58 |
Binance Smart Chain | 21 |
Cronos | 26 |
† X-Chain total transactions plus C-Chain total transactions
‘-’ denotes missing, unavailable, or incomplete data
Sources: Coingecko, Etherscan, Ethernodes, Terra Station, Terra Etherscan, Avascan, Solana Beach, FTMscan, BSCscan, CronoScan, DeFi Llama
Layer 2 Project Metrics
Polygon | Lightning Network | Ronin Sidechain† | Optimistic Ethereum | Arbitrum | Boba | |
---|---|---|---|---|---|---|
TVL/ Capacity on Network | $5.42B | $151.03M | $620.11M | $354.26M | $2.1B | $93.89M |
Total Transactions | 1.38B | – | 301.19M | – | 6.18M | 317,332 |
Nodes / Unique Addresses | 67 | 34,374 | 9.86M | – | 378,426 | 16,329 |
TVL/ Capacity on Network | |
Polygon | $5.42B |
Lightning Network | $151.03M |
Ronin Sidechain† | $620.11M |
Optimistic Ethereum | $354.26M |
Arbitrum | $2.1B |
Boba | $93.89M |
Total Transactions | |
Polygon | 1.38B |
Lightning Network | – |
Ronin Sidechain† | 301.19M |
Optimistic Ethereum | – |
Arbitrum | 6.18M |
Boba | 317,332 |
Nodes / Unique Addresses | |
Polygon | 67 |
Lightning Network | 34,374 |
Ronin Sidechain† | 9.86M |
Optimistic Ethereum | – |
Arbitrum | 378,426 |
Boba | 16,329 |
† Ronin is the sidechain developed by Sky Mavis for Axie Infinity
‘-’ denotes missing, unavailable, or incomplete data
Sources: DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer