Shocking News About Bitcoin (BTC) And Ethereum (ETH)! Layers 1&2 Projects Updated By

By - Weekly DeFi Update (Week 16, 18/04/2022 – 24/04/2022)

BTC Lightning Network capacity beats Liquid’s. ETH delays Proof-of-Stake shift to 2nd half of 2022. Cronos transactions up 8.09%; wallet addresses grow 11.86%.

APR 19, 2022
Key Takeaways
  • The Bitcoin (BTC) Lightning Network has surpassed the BTC capacity of its fellow Layer 2 solution Liquid for the first time. According to BlockStreamLightning’s capacity is slightly over 3,600 BTC against Liquid’s 3,523 BTC. In addition, over 80M users are now estimated to have access to the Lightning Network.
  • The Ethereum (ETH) network’s transition to Proof-of-Stake, also known as “The Merge”, has been pushed back to the 2nd half of the year. Despite the Merge getting pushed back, Ethereum developers will continue to shadow-fork across the various testnets, aiming to reduce client node issues.
  • Cronos (CRO) saw a +8.09% increase in total transactions to 32.86M, while its TVL fell to US$ 3.65B (-5.19% week-on-week). The total number of wallet addresses now stands at 682,702, up +11.86% from last week.

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By - Weekly DeFi Update (Week 16, 18/04/2022 – 24/04/2022) Accelerate the...’s transition to cryptocurrency.