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[4/5~12]Review of the web3 market for the week
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[4/5~12]Review of the web3 market for the week

Catch up on the week in markets, trends, news, and featured projects

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mitsui
Apr 20, 2024
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web3 Research
web3 Research
[4/5~12]Review of the web3 market for the week
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Good morning.
This is mitsui from web3researcher.

Saturday is a summary of the week's market information and major news stories.

📰Market & News

Blockchain

L1

Token prices have revived a bit for Bitcoin and Ethereum, but otherwise have retreated a bit. Many other indicators besides price are also negative.

  • TON chain-specific smartphone from Telegram is now available|Priced at $99

  • Post-air drop wormhole plunge drops Solana prices amid network congestion

  • Solana Developers Rally to Fight Network Congestion

  • New users are flocking to ethereum, while activity among long-term holders is lower than ever

  • Launch of the game-specific L1 chain Saga

  • New TON Ecosystem Initiative Offers $5 Million in Palm Scanning Incentives

  • Proposed Solana Community Path "Timely Voting Credits" to Speed Transactions

  • Clayton and Finsia to unveil merged brand on April 30?

  • Sui unveils the SuiPlay0x1 portable game console.

  • Bitcoin Mining Difficulty Reaches Record Highs in Final Adjustment Before Half-life

L2

Overall, both TVL and the number of users are on the rise. There is a clear distinction between chains with a growth trend and the rest.

DeFi

whole

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