DeFi’s tremendous growth hasn’t come without obstacles, as the nascent industry still struggles with high costs, failed trades and front-running.
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Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
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DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol
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QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity
Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects.
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Uniswap v3 hopes to reinvent its DEX, others see a different path for DeFi
The v3 upgrade seeks to maximize capital efficiency, but it may worsen many impermanent loss-related issues that plague DeFi.
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Bitcoin dominance drop and resistance at $55K stoke altseason hopes
Ethereum’s new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand.
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