Crypto Recap
Ethereum Weekly Recap | March 21 – March 27, 2022
This weekly recap on Ethereum is for information purposes only, not investment advice. The recap will briefly summarize the outstanding activities of Ethereum over the past week.
Network Growth
Daily Transactions
Daily transaction on Ethereum from March 21 – March 27 is at a current level of 8.093.17M transactions. Down 1.43% (last week’s total transaction is: 8,211,280). The highest number of 1,716,600 transactions was on Sunday, May 9, 2021. The lowest number of 1,329 transactions was on Sunday, August 9, 2015. Transactions on Ethereum dropped slightly lower than the general market. Because the market has not clearly defined the trend yet.
Unique Addresses
Ethereum Cumulative Unique Addresses is at a current level of 191,773,578 and a daily increase of 94,693 addresses, Up ~0.5% (last week’s total Unique Addresses is: 191,119,471). The markets green turns and the goods news make ETH have an increase both price and Cumulative Unique Addresses. Ethereum remains the largest smart contracts network and the second-largest cryptocurrency in the world. According to etherscan.io, between March 14 and March 21, Ethereum has added 645,167 new and unique addresses on its network.
Active addresses
The daily active address count is 532,179 with a received count: of 398,723 and sends count of 275,746. The active addresses have a slight increase compared to last week (495,372). Because the market has a dynamic return, people trade more actively.
Total Value Locked
Total value locked on Ethereum still taking 1st place with 55.24% ~ $126.89b. With constant development and innovation, ETH is still the chain with an outstanding number of DAPPs.
Highlight Events
Axie Infinity’s Ronin Network Suffers $625M Exploit
According to a blog post published by the Ronin network’s official Substack, the exploit affected Ronin validator nodes for Sky Mavis, the publishers of the popular Axie Infinity game, and the Axie DAO. The majority of the funds remain in the attacker’s address, though 6,250 ETH has been transferred to various other addresses. The Ronin Bridge and the Katana automated market maker (AMM) have both been paused while investigations are ongoing.
More information at CLICK HERE
$MUILTI listed on MojitoSwap
Multichain is a cross-chain router protocol (CRP), is an infrastructure for on-chain asset interoperability, envisioned to be the ultimate router for Web3 will list Mojitoswap and the trading pair of MULTI/USDC is on board.
More information at CLICK HERE
Bancor x Smart MFG
Smart MFG close collaboration with the Bancor team in planning several proposals to increase their liquidity limits which will serve as a precursor for their new liquidity mining (LM) campaign on their upcoming #Bancor v3.
More information at CLICK HERE
Spotlight Projects
Top 10 purchased tokens 100 largest Ethereum wallets
The top 10 tokens that have been bought the most (ranked by USD value) across the top 1000 Ethereum wallets. Looking at the rankings ETH is still the most preferred token by sharks to trade with a cap: $10,767,934. With the heat of BAYC, APE token is still on the top 10 with a trading volume of $223,172.
Axie Infinity Origin Launch Week
they have a full schedule of leeks & events planned over the next seven days, culminating with the alpha launch of Axie Infinity: Origin on April 7th. Origin’s first official gameplay trailer is hot off the press! It shows off the upgraded Axie art and animations, as well as the new gameplay upgrades, including sequential turns, energy resets, card changes, Eye & Ear cards, Runes / Charms, the new Rage mechanic, and more.
More information at CLICK HERE
Lyra launching Avalon Tesnet
Lyra is a decentralized Options project on Ethereum. Similar to dHEDGE, Lyra is also a protocol built on top of Synthetix. They launching Avalon testnet, the next evolution of the Lyra protocol.
More information at CLICK HERE
Instadapp Lite
A super easy-to-use dapp bringing popular complex defi strategies to just a single click. Making it easy for you to earn yields.
More information at CLICK HERE
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Alan
Coincu Ventures
Crypto Recap
Ethereum Weekly Recap | March 21 – March 27, 2022
This weekly recap on Ethereum is for information purposes only, not investment advice. The recap will briefly summarize the outstanding activities of Ethereum over the past week.
Network Growth
Daily Transactions
Daily transaction on Ethereum from March 21 – March 27 is at a current level of 8.093.17M transactions. Down 1.43% (last week’s total transaction is: 8,211,280). The highest number of 1,716,600 transactions was on Sunday, May 9, 2021. The lowest number of 1,329 transactions was on Sunday, August 9, 2015. Transactions on Ethereum dropped slightly lower than the general market. Because the market has not clearly defined the trend yet.
Unique Addresses
Ethereum Cumulative Unique Addresses is at a current level of 191,773,578 and a daily increase of 94,693 addresses, Up ~0.5% (last week’s total Unique Addresses is: 191,119,471). The markets green turns and the goods news make ETH have an increase both price and Cumulative Unique Addresses. Ethereum remains the largest smart contracts network and the second-largest cryptocurrency in the world. According to etherscan.io, between March 14 and March 21, Ethereum has added 645,167 new and unique addresses on its network.
Active addresses
The daily active address count is 532,179 with a received count: of 398,723 and sends count of 275,746. The active addresses have a slight increase compared to last week (495,372). Because the market has a dynamic return, people trade more actively.
Total Value Locked
Total value locked on Ethereum still taking 1st place with 55.24% ~ $126.89b. With constant development and innovation, ETH is still the chain with an outstanding number of DAPPs.
Highlight Events
Axie Infinity’s Ronin Network Suffers $625M Exploit
According to a blog post published by the Ronin network’s official Substack, the exploit affected Ronin validator nodes for Sky Mavis, the publishers of the popular Axie Infinity game, and the Axie DAO. The majority of the funds remain in the attacker’s address, though 6,250 ETH has been transferred to various other addresses. The Ronin Bridge and the Katana automated market maker (AMM) have both been paused while investigations are ongoing.
More information at CLICK HERE
$MUILTI listed on MojitoSwap
Multichain is a cross-chain router protocol (CRP), is an infrastructure for on-chain asset interoperability, envisioned to be the ultimate router for Web3 will list Mojitoswap and the trading pair of MULTI/USDC is on board.
More information at CLICK HERE
Bancor x Smart MFG
Smart MFG close collaboration with the Bancor team in planning several proposals to increase their liquidity limits which will serve as a precursor for their new liquidity mining (LM) campaign on their upcoming #Bancor v3.
More information at CLICK HERE
Spotlight Projects
Top 10 purchased tokens 100 largest Ethereum wallets
The top 10 tokens that have been bought the most (ranked by USD value) across the top 1000 Ethereum wallets. Looking at the rankings ETH is still the most preferred token by sharks to trade with a cap: $10,767,934. With the heat of BAYC, APE token is still on the top 10 with a trading volume of $223,172.
Axie Infinity Origin Launch Week
they have a full schedule of leeks & events planned over the next seven days, culminating with the alpha launch of Axie Infinity: Origin on April 7th. Origin’s first official gameplay trailer is hot off the press! It shows off the upgraded Axie art and animations, as well as the new gameplay upgrades, including sequential turns, energy resets, card changes, Eye & Ear cards, Runes / Charms, the new Rage mechanic, and more.
More information at CLICK HERE
Lyra launching Avalon Tesnet
Lyra is a decentralized Options project on Ethereum. Similar to dHEDGE, Lyra is also a protocol built on top of Synthetix. They launching Avalon testnet, the next evolution of the Lyra protocol.
More information at CLICK HERE
Instadapp Lite
A super easy-to-use dapp bringing popular complex defi strategies to just a single click. Making it easy for you to earn yields.
More information at CLICK HERE
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Alan
Coincu Ventures
