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news-imageMay 26, 2022

Layer by Layer Issue 32: Fantom, NEAR, and TRON

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 The creation of adequately decentralized and secure stablecoins remains a lofty but important goal for a crypto industry that hopes to one day facilitate the majority of the world's financial activities Taking inspiration from Terra's astonishing level of growth prior to its now-infamous collapse, several L1s are now boldly pushing forward with experimental stablecoins of their own as they attempt to drive growth to their ecosystems This week, we take a look at Fantom, NEAR, and TRON
Publisher: The Block
Sentiment: Neutral
FTM
TRX

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Neutral
cover-imageCoingape
November 25, 2024

Justin Sun's TRON Invests $30M In Donald Trump's World Liberty Financial

Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.

Positive
cover-imageThe Currency Analytics
November 25, 2024

NEAR Protocol Breaks Key Pattern, Eyes $8.31 Target

NEAR Protocol [NEAR] has hit a new milestone in its ongoing growth, reaching a significant Total Value Locked (TVL) of $244 million, the highest since July. This achievement is coupled with a notable 10.82% price surge, with NEAR trading at $6.35 at press time.

Positive
cover-imageCoinPedia
November 25, 2024

With a $1 Breakout, Can Fantom (FTM) Price Reach $1.66?

Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35% over the past 7 days and has reached a market cap of $2.7 billion.

Positive
cover-imageInvezz
November 22, 2024

Tron price analysis as revenues jump, TRX supply crashes

Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.

Positive
cover-imageThe Currency Analytics
November 22, 2024

TRON's USDT Dominance and Its Impact on TRX Price Growth

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

Positive
cover-imageInvezz
November 14, 2024

Tron (TRX) price eyes $1.68 as large investor inflows surge 450%

Tron (TRX) bulls flexed their muscles as they propelled the altcoin to $0.1825 on 13 November. Meanwhile, potential profit-taking catalyzed slight declines to press time levels of $0.1820. Meanwhile, the altcoin exhibits notable upside strength, signaling a potential 820% increase from current prices to $1.681.

Positive
cover-imageInvezz
November 12, 2024

Germany's Deutsche Telekom enters blockchain with NEAR validator role

Deutsche Telekom AG, the world's fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol's decentralisation and enhancing network security.

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