Layer-2 Cryptocurrencies Show Growth Amid Bitcoin Stabilization

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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.

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