L1 Recovery And Searching for Market Bottoms

Published on: June 28th, 2022

Chart of The Day: Avalanche and Cosmos Lead L1 Recovery Over the past ten days, AVAX and ATOM have grown 30% and 28%, respectively, peaking at over 40% growth on the 25th of June. ATOM’s outperformance can be attributed to dYdX’s announcement of dYdX V4 being developed as a standalone blockchain built on Cosmos-SDK. dYdX is the largest decentralized derivatives exchange built on StarkEx.

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