Ethereum, AVAX, Terra, Solana And Other Layers 1 & 2 Projects Updates - Week 22/03-28/03/22

There Are No Many Bitcoins Left... Terra, AVAX, Solana Stats Updated - Layers 1 And 2 News - 29/03-04/04/22

ETH’s Shanghai upgrade will boost EVM, reduce Layer-2 fees. BTC’s Lightning network completes it first stablecoin transaction. Polygon unveils a new token burn mechanism.

MAR 29, 2022
 
 
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Key Takeaways

  • Ethereum (ETH)’s latest AllCoreDevs updates talked about the highly anticipated next upgrade named Shanghai, which will incorporate Ethereum Virtual Machine (EVM) upgrades, Beacon Chain withdrawals, L2 Fee reductions, and more. 
  • Bitcoin (BTC)’s Lightning network completed its first stablecoin transaction.
  • Layer 2 solution Polygon (MATIC) introduced a new token burn mechanism called ‘Mobile burn’ to move towards deflationary tokenomics and more predictable gas prices.
  • Cronos (CRO) saw a +8.07% increase in total transactions to 25.04M, while its TVL grew to US$3.67B (+12.83% week-on-week). The total number of wallet addresses now stands at 489,967, up +6.31% from last week.

Highlights

Layer 1 Project Metrics

 
 
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Layer 2 Project Metrics

 
 
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There Are No Many Bitcoins Left... Terra, AVAX, Solana Stats Updated - Layers 1 And 2 News - 29/03-04/04/22

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