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

Crypto Faces Setback in Ohio Election

Crypto-aligned political groups faced a major setback in Ohio as Democrat Sherrod Brown won against Republican Jon Husted despite significant spending.

user avatarLeo van der Veen

MEXC Launches AI-Powered Trading Tools and Global Card

MEXC introduced new AI-powered trading tools and a virtual Visa card to enhance user experience and accessibility.

user avatarAisha Farooq

MEXC's Trading Volume and User Engagement Surge

MEXC reported a substantial increase in trading volumes and user participation across various stock-related products in Q3 2026.

user avatarLi Weicheng

MEXC Releases Q3 2026 Ecosystem Growth Report

MEXC has published its Q3 2026 Ecosystem Growth Report, highlighting significant growth in trading activities and product offerings.

user avatarTenzin Dorje

Technical Indicators Suggest Challenges Ahead for Bitcoin

Technical indicators suggest challenges ahead for Bitcoin as traders monitor key levels for potential momentum shifts.

user avatarBayarjavkhlan Ganbaatar

Democrats Gain Control in 2026 US Midterm Elections

The 2026 US midterm elections resulted in a significant political shift, with Democrats securing majorities in both the House of Representatives and the Senate, altering the balance of power in Washington.

user avatarMohamed Farouk

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.