Binance, the world’s largest crypto exchange, announced the delisting of Shiba Inu, Chainlink, and other cryptocurrencies due to poor liquidity and trading volume. This decision is expected to impact the prices of these cryptocurrencies, with traders remaining cautious amidst market uncertainties.
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Ethereum’s Dencun Upgrade Sparks Mixed Performance in Cryptocurrency Markets
The much-anticipated Dencun upgrade on the Ethereum network went live, leading to a mixed performance in adjacent cryptocurrencies. Tokens like MATIC, ARB, and METIS saw gains of 6%-10% before the upgrade, with expectations of reduced transaction costs on layer-2 protocols. However, some tokens experienced fluctuations, and there are concerns about a potential correction in the crypto markets following the upgrade and the likelihood of a spot ether ETF being approved in the U.S. Source: Bloomberg, SEC.
read moreSeven Cryptocurrencies Making Waves in the Market Beyond Bitcoin
Seven cryptocurrencies with innovative utilities and promising market performance are highlighted. These include Smog, Green Bitcoin, eTukTuk, Bitcoin Minetrix, Sponge, Metis, and Render, each offering unique features and investment opportunities. From meme coin airdrops to eco-friendly alternatives and AI-driven electric vehicle protocols, these cryptocurrencies present diverse options for potential investors in the dynamic market.
read moreMetis Price Surges After Binance Listing in Cryptocurrency Market Resurgence
Metis, a permissionless Ethereum Layer 2 network, saw a 27-30% price surge after being listed on Binance, a major crypto exchange. This listing introduces Metis to a wider audience, providing increased liquidity and accessibility for its token, METIS. The surge coincided with a broader cryptocurrency market uptrend, signaling growing interest in Layer 2 scaling solutions like Metis.
read moreMetis Surges After Binance Listing, Addresses Ethereum Scalability Challenges
Metis, a permissionless Ethereum Layer 2 network, saw a 27-30% price surge after being listed on Binance, a major crypto exchange. The listing provides increased liquidity and accessibility for the METIS token, signaling growing market interest in Layer 2 scaling solutions amidst a broader cryptocurrency market resurgence.
read moreEthereum’s Dencun Upgrade Boosts Interest in Layer 2 Tokens
The recent Dencun upgrade on Gnosis Chain and Ethereum mainnet has sparked interest in Layer 2 tokens due to anticipated reductions in gas fees and increased scalability. The upgrade, which adopts proto-dank sharding, is expected to significantly impact the Ethereum ecosystem and benefit tokens such as Arbitrum, Optimism, Lido DAO, and Metis. Traders are eyeing these Layer 2 tokens for potential gains following the upgrade’s implementation.
read moreMetis Integrates Chainlink CCIP for Enhanced Token Bridge Infrastructure
Metis, a Layer 2 Rollup platform on Ethereum, is integrating Chainlink CCIP for enhanced security and programmable token transfers. Its key features include oracles for real-time data, nodes for network security, and a SubGraph for data indexing, positioning Metis as a significant player in improving Ethereum’s functionality and performance. The ERC-20 governance token, METIS, is used for paying transaction fees on the Metis network and staking.
read moreMetis and Chainlink Collaborate for Cross-Chain Interoperability and Staking Expansion
Metis and Chainlink have joined forces to enhance cross-chain interoperability and staking opportunities. The integration will enable faster and programmable token transfers, while also facilitating restaking through partnerships with EigenLayer and Renzo Finance. This move comes amid Metis’ significant growth, with its total value locked (TVL) up over 800% and its native token price soaring by 354%.
read moreEthereum’s Dencun Update: Roll-Up Tokens Poised for Significant Growth
The Ethereum Dencun update on March 13 is expected to drive Ethereum past the $3,000 mark, with a focus on five roll-up tokens: ARB, IMX, CKB, STRK, and METIS, all showing significant growth potential. These tokens are at the forefront of Ethereum’s scalability and efficiency improvements, offering investors a prime opportunity to capitalize on the evolving blockchain landscape.
read moreEthereum Ecosystem Hits Near $100B DeFi Market Cap Milestone
Ethereum and DeFi tokens are surging, with ETH hitting a new high and DeFi market cap nearing $100B. Ethereum scaling solutions like Mantle and Metis are performing well, while liquid staking projects are contributing to DeFi’s strong performance.
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