Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Wanchain
Wanchain (WAN) – Expanding Blockchain Functionality to New Heights
Wanchain seeks to bring more interconnectivity and functionality to the market. The platform introduces a variety of next-gen protocols to allow data to flow freely and securely between chains without a centralized third party. Consequently, Wanchain continues to gain investor attention due to its unique business model and endless potential. What Problems Does Wanchain Attempt to Fix? Wanchain attempts to tackle multiple concerns in the market. Primarily, the team wants to create more interoperability within the sector. There are thousands of…
5 years ago
A Complete Guide On Blockchain Bridges – How Do They Work
Since the launch of the first blockchain-based system, many others have followed, and the crypto industry has continuously grown. However, blockchains aren't similar and come with different strengths and weaknesses. For example, Ethereum, launched in 2015, has excellent smart contract advantages but severe scalability issues over the years. All the blockchains, though, face a lack of interoperability challenges. Is there a possibility of having a system that allows users to use the strengths of different blockchains simultaneously? In recent years…
5 years ago