Crypto bulls take a break after testing March highs. Bitcoin, Ethereum, AXS, Apecoin and other large-volume altcoins are trading in psychological resistance zones that could suggest a trend change. Cardano (ADA), which has reached 80% of its weekly earnings, is the strongest altcoin among the top 10. Let’s take a look at the most important developments in this process in a short list.
Week’s developments from ApeCoin, Ripple, Terra and 6 altcoin projects
- Popular Ethereum-based win-to-play game Axie Infinity (AXS), will be gradually opened for AXS token investors 1.7 billion He shared his dollar treasury plans.
- The energy efficient successful PoS Blockchain Algorand (ALGO) has completed its third year without any interruptions. According to Mainnet data, the network completed 11.44 million transactions in the last seven days, averaging 1.63 million transactions per day.
- Multi chain protocol EverSwap has opened SHIB/ETH pair for Shiba INU to transactions.
- Cryptocurrency exchange Bitexen announced that it has listed USD Coin (USDC) and ApeCoin (APE). In the case of
- SEC and Ripple, regarding the issuance of important documents proposed by the regulator, Ripple company requested additional time to extend the response process. The litigation process is expected to end this year.
- In another development from Ripple, recipients of the first NFT Creator Fund venture have been selected for a $250 million investor fund. According to the announcement, individual content creators such as musicians, game designers, artists, developers and entrepreneurs will be able to benefit from the funding.
- In a social media announcement by the Axie Infinity (AXS) team, free transactions will be limited on the Ronin (RON) Blockchain from March 29, 2022. .
- Cardano (ADA) expects Milkomeda C1 mainnet, an EVM-compatible second-layer Blockchain solution, to be launched on March 28.
- Terra (LUNA) integrated with Thorchain (RUNE) protocol. UST stablecoin holders will be able to transact UST/BTC on Thorchain.
- WhaleStats reports that an Ethereum whale named “Sabo” purchased Maker (MKR) for over $2 million. As
- Kriptokoin.com, Avalanche Foundation and Web3 social media platform Op3n announced a $100 million initiative for them to build projects on Avalanche.