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Layer by Layer Issue 29: Avalanche, Terra, and Polkadot

www.theblockresearch.com

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The Avalanche network's premier scaling solution is being put to the test as subnets begin to roll out Anchor's yield reserves are drawing down quickly as Terra's UST continues its rapid expansion across L1 ecosystems The Polkadot ecosystem nears a major milestone with the pending arrival of XCM

Bitcoin AVAX
$ 33.79
Bitcoin DOT
$ 7.17
Bitcoin LUNC
$ 0.0001035

Timeline of Avalanche, Polkadot-new, Terra-luna


Avalanche Price Analysis: Rising Channel Fallout Teases 28% Fall in AVAX - Coingape

With the bear cycle cracking below the support trendline, the sellers plan a downfall below the $70 mark. Moreover, the retest of the bearish breakout brings an entry point for sellers.


Starlay Finance, a Polkadot Lending Protocol, Sets IDO Date for April 28 - CryptoPotato

[PRESS RELEASE – Please Read Disclaimer] Starlay Finance is a fast-rising lending protocol on Astar Network powering a novel model for quick and easy borrowing and depositing assets. Currently, the project has a valuation of over $400TVL in about two months, earning it the No.1 lending protocol spot on Polkadot.


Possibilities Of Terra (LUNA) Price Hitting $100, This is what Traders Can Expect - CoinPedia

Since reaching an all-time high of $119.55 on April 5, Terra (LUNA) has been declining. On April 18, the coin hit a low of $75.67. Since then, the price has risen. Above the $102 region, the all-time high and subsequent decrease have created a bearish divergence. LUNA was predicted to confirm the $102 area as …


Polkadot price analysis: DOT prices recover at the $17.14 level as bulls step up to the plate - Cryptopolitan

Polkadot price analysis shows a bearish trend DOT/USD prices are currently trading above the $17 level Major support for DOT prices is set at $16.5 Today Polkadot price analysis shows a slight recovery towards the $17.0 level as DOT prices had fallen below the $17.0 level yesterday. The prices had lost the upward.


Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins: CoinShares - The Daily Hodl

A leading crypto asset manager says that institutional investment products stemmed outflows last week thanks to continued investment in altcoin-focused products. In the most recent Digital Asset Fund Flows Weekly report, CoinShares finds that crypto investment products suffered minor outflows last week. “Digital asset investment products saw outflows cool last week, totaling US$7.2m, bringing total outflows The post Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins: CoinShares appeared first on The Daily Hodl.


Avalanche(AVAX) & Axie Infinity(AXS) Price Poised to Tank by Nearly 30% Each, What's Next? - CoinPedia

Avalanche(AVAX) Avalanche price was all set to begin the fresh weekly trade on a significant upswing but eventually ended up draining the price. The AVAX price was above both 55-day MA and 200 day  MA levels and quickly the price was pushed towards the south quickly towards $70. However, the price just broke from the …


Terra Price Analysis: LUNA Buyers Sabotage Bearish Pattern With Eyes on $100 - Coingape

The Terra (LUNA) price finds a surge in buying pressure, resulting in an upside breakout of the falling wedge pattern in the 4-hour chart. Moreover, the morning star pattern increases the chances of a sustained uptrend reaching the psychological barrier of $100.


Avalanche And Polygon Growth Stable Despite The Market Hiccups - DCForecasts

Avalanche and Polygon growth remains stable despite the recent market hiccups and during the first quarter of 2022, BNB Chain also maintained growth so let's read more today in our latest blockcahin news today. The leading blockchain data analytics platform Nansen released a new analysis report that revealed the crypto market witnesses a decline in

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Bitcoin Bitcoin
59397.2000 3.12%
Ethereum Ethereum
2990.04000 2.49%
BNB BNB
562.402000 2.61%
Solana Solana
138.559000 6.68%
XRP XRP
0.52016600 2.29%