Layer-2 Cryptocurrencies Show Growth Amid Bitcoin Stabilization

user avatar

by Giorgi Kostiuk

2 years ago

Popular layer-2 cryptocurrencies, such as EOS, IOTA, and Hedera Hashgraph, saw significant increases in value on Friday as Bitcoin found resistance at $97,000.

EOS growth and induced improvements announcement

EOS surged by 36%, reaching $0.9570. This was driven by Binance's announcement of an APR boost airdrop through the BNSOL Super Stake program starting January 6 through January 20. Users will receive 320,656 EOS tokens valued at nearly $300,000.

We're excited to announce that you can now earn APR boost Airdrop rewards through the BNSOL Super Stake program!EOS Network

Increase in Hedera Hashgraph value

Hedera Hashgraph (HBAR) rose by over 10%, reaching $0.3200. The increase is linked to speculation about a potential HBAR ETF, with expectations rising ahead of Donald Trump's swearing-in.

IOTA achievements and technical patterns

IOTA price increased for three consecutive days, forming the 'three white crows' pattern, which features three consecutive bullish candlesticks. IOTA's rebound is attributed to the impending Rebased upgrade introducing new features like staking and full decentralization.

Layer-2 cryptocurrencies like EOS, IOTA, and Hedera Hashgraph continue to show positive trends despite Bitcoin's resistance at $97,000.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Zcash Price Consolidation Signals Potential Breakout

Zcash (ZEC) is currently consolidating in a price range that resembles its previous breakout pattern, suggesting a potential upward movement.

user avatarZainab Kamara

Zcash Upgrades Enhance Network Functionality

Recent upgrades to the Zcash network, including NU7 and Ironwood, are expected to improve transaction speeds and security.

user avatarAndrew Smith

Analysts Predict Bullish Trend for Zcash

Analysts are observing a bullish structure forming for Zcash, with potential price targets set between 1,500 and 1,700.

user avatarJacob Williams

OKX and ICE Develop Marketplace for Tokenized Stock Trading

OKX and ICE are developing a marketplace for trading tokenized versions of US-listed stocks around the clock, utilizing stablecoins for transactions.

user avatarAyman Ben Youssef

Bitcoin Price Stabilizes Above 76,000 After Recent Decline

Bitcoin's price has stabilized above 76,000 after a significant drop, but institutional outflows raise concerns about a lasting recovery.

user avatarSon Min-ho

Crypto-Linked Companies Remain Potential Participants in Tokenization Market

Despite traditional corporations rejecting tokenization, several crypto-linked companies remain potential participants in the market.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.