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Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding As L1 ecosystems continue to become more interconnected, teams in the Cosmos ecosystem are taking a variety of approaches to address the problem of fragmented liquidity.  The Solana network is nearing the release of a critical upgrade that promises to significantly improve its ability to handle user demand. Meanwhile, the Near ecosystem is seeing a spike in usage after the launch of its step-to-earn protocol Sweat Economy

Metacryp (MTCR) is Dominating the Metaverse Built as a BEP-20 token on the Binance Smart Chain (BSC), the MTCR token is the native and main utility and governance token that powers the Metacryp (MTCR) Network. The Metacryp (MTCR) network is a secure, open-source, and decentralized platform that aims to expose its users to the benefits associated with decentralized finance (DeFi), blockchain technology, play-to-earn gaming (P2E), social networks, and the metaverse.

Pantera Capital CEO Dan Morehead says that three overlooked crypto projects are showing impressive strength in the face of an overall downtrend in the digital asset markets.

Near Protocol is a relatively new Layer 1 blockchain project trying to supplant Ethereum as the market leader.

NEAR Protocol is looking bullish as it darts past the $4.7 support zone. NEAR's bullish momentum appears to wane Price exhibits low trading volume NEAR price trading at $4.51 However, judging by the price movement, it looks like the bull's luck may be running out.

Near Foundation is a non-profit based in Switzerland that is tasked with the development of the Near Protocol.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. NEAR Protocol has seen fairly steady trading volume in the past two weeks, even though the price made around 30% gains and counting in the same time period.

There has been a lot of quiet from NEAR Protocol's [NEAR] end lately. In an awakening call, NEAR seemed to have heeded the shouts for an update.

The NEAR Foundation is introducing a $100 million venture capital fund and venture lab in partnership with Caerus Ventures to catalyze innovation in Web3 with a focus on sport, music, film, fashion and art. "The Hash" panel shares their thoughts on navigating the world of Web3 among many "trend-following" projects.

The NEAR Foundation will be launching a $100 million venture capital fund to support web3 developments and entertainment.  Venture Lab Initiative The project includes a venture capital fund and a venture lab.

Several projects have announced their funding rounds amid the ongoing crypto winter. Sender Wallet, Mailchain, Exchange Art, Panony Group, and MetaWeb completed successful rounds.

Coinspeaker NEAR Protocol Integrates Tether USDT Stablecoin

NEAR recently outperformed several other cryptos with a larger market capitalization as it registered double-digit gains in the last seven days. The unprecedented surge sparked excitement in the community and gave investors hope for brighter days ahead for the token.

Near Protocol announced on Monday the addition of support for USDT. We discuss the significance of the move.

Near Foundation, the Switzerland-based Non-Profit in charge of the Near Protocol, has announced the launch of a new $100 million Web3.0 fund.

Near Foundation and Caerus Ventures will launch a $100 million fund that will support participants in the Web 3 sector.

Tether launches USDT on NEAR blockchain as Kujira launches new soft-pegged stablecoin USK. The post Tether (USDT) Launches on NEAR as New Decentralized Rival USK Goes Live appeared first on BeInCrypto.

On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization.

Inflation speculation is helping crypto values today.

Tether USDT is now live on 11 blockchain networks, including the NEAR Network, Polygon, Kusama, Ethereum, Omni and others.

NEAR Protocol (NEAR/USD) ecosystem wallet Sender has successfully raised $4.5 million in a private round that attracted several leading crypto-focused venture firms. An announcement the NEAR-based eco-wallet team published on Monday states that the investment firm Pantera Capital led the funding round. Participation included Crypto.

Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world's ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday.

Stablecoin issuer Tether today announced that its flagship stablecoin, USDT, is now live on Near, a layer 1 blockchain network that focuses on usability among developers and users.  USDT Now Available on Near Near is a layer 1 blockchain network that provides a platform on which developers can build decentralized applications (dapps).

The Swiss non-profit behind the NEAR Protocol is to collaborate with Caerus Ventures in launching a $100 million venture capital (VC) fund and venture lab. The post NEAR Protocol Announces $100M Web3 Fund For Entertainment, Fashion, and Sports appeared first on BeInCrypto.