• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Layer-2 Cryptocurrencies Show Growth Amid Bitcoin Stabilization

user avatar

by Giorgi Kostiuk

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ripple's XRP Ledger Emerges as Key Player in UAE Amid Oil Market Disruptions

chest

Ripple's XRP Ledger is gaining traction in the UAE, having secured licensing approval from the Dubai Financial Services Authority, allowing it to offer cross-border crypto payment services amid global oil market disruptions.

user avatarGustavo Mendoza

Egragcrypto Predicts High-Volatility Phase for XRP

chest

Crypto analyst Egragcrypto has shared insights on the potential future trajectory of XRP prices, indicating a high-volatility phase ahead.

user avatarRajesh Kumar

Hedge Funds Increase Short Positions on Ethereum and Bitcoin

chest

Hedge funds are significantly increasing their short positions on Ethereum and Bitcoin, indicating a bearish outlook on the market.

user avatarMiguel Rodriguez

Drone Strike on Saudi Aramco Refinery Signals Escalating Tensions

chest

A drone strike has hit the Saudi Aramco refinery in Ras Tanura, indicating a significant escalation in the ongoing Israel-Iran-US conflict.

user avatarLuis Flores

Crypto Funds See $1 Billion Inflows, Signaling Renewed Interest

chest

Last week, Bitcoin and other crypto exchange-traded products attracted $1 billion in investments, reversing a trend of losses.

user avatarMaria Gutierrez

Investors Await Unemployment Data Amid Crypto Market Activity

chest

Investors are looking forward to the upcoming unemployment data from the Bureau of Labor Statistics, which is set to be published on March 6. Economists at Deutsche Bank anticipate an unemployment rate of 4.3%, but there are elevated risks around this estimate. The data may significantly impact market sentiment and investor confidence in the current economic climate.

user avatarArif Mukhtar

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.