{"id":462223,"date":"2021-04-23T20:32:25","date_gmt":"2021-04-23T20:32:25","guid":{"rendered":"https:\/\/wncen.com\/?p=462223"},"modified":"2021-04-23T20:32:25","modified_gmt":"2021-04-23T20:32:25","slug":"ethereum-sol-bsc-these-are-the-winners-of-the-ecosystems-wars","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-sol-bsc-these-are-the-winners-of-the-ecosystems-wars\/","title":{"rendered":"Ethereum, SOL, BSC These Are The Winners Of The “Ecosystems Wars”"},"content":{"rendered":"

A report<\/a> by Messari researcher Roberto Talamas explores the performance of the most important cryptocurrencies in the \u201cecosystem wars\u201d. From Ethereum, Cosmos, Solana, Binance Smart Chain, DeFi seems to be moving from a \u201ctrend\u201d to a relevant sector for any platform looking to take a share of the $55.29 billion in Total Value Locked (TVL) on these protocols.<\/p>\n

According to Talamas, Polkadot<\/a> and Cosmos\u2019 assets were amongst the worst performing of the week. With DOT down 27.2% in the 7-day chart and ATOM down 30% in the same period. Cosmos, assets saw losses from 4% to 27% much like Polkadot with 14% to 30% losses in KSM, POLY, AKRO, and other major tokens.<\/p>\n

\"Ethereum — Source: Messari<\/figcaption><\/figure>\n
Solana (SOL) was somewhere in the middle like Talamas said. From April 15^{th<\/sup> to April 18^{th<\/sup>, SOL saw bullish price action and took 29% gains. At the time of writing, SOL is moving sideways in the 1-hour chart with 8.1% losses during the day following the general market sentiment, but still up 25.2% in a week.<\/p>\n}}
Solana\u2019s ecosystem followed a different trajectory with AUDIO, RAY, HXRO, and others on a downtrend after the crypto market crashed last weekend. AUDIO and KIN have 26% and 28% losses and have the worst performance in this ecosystem.<\/p>\n
Binance Smart Chain\u2019s assets saw similar action with PancakeSwap\u2019s native token, CAKE, with 11.3% in profits, at the time of writing and 129% in the 30-day chart. As reported by NewsBTC, CAKE began a migration process and could experience further buying pressure from its updated burn mechanism<\/a>.<\/p>\n
In terms of on-chain activity Binance\u2019s CEO, Changpeng Zhao, reported 9 million transactions during yesterday\u2019s trading day. This metric has been increasing at a significant pace since February 2021. Zhao took the opportunity to address Ethereum\u2019s developers.<\/p>\n
\n
If you want to target only 10% of the users, then build on E..<\/p>\n
If you want 9x more users, then #buidl<\/a> on #BSC<\/a>.<\/p>\n
Not financial advice. https:\/\/t.co\/bzyMGlG5WT<\/a><\/p>\n
— CZ \ud83d\udd36 BNB (@cz_binance) April 23, 2021<\/a><\/p><\/blockquote>\n