TheBlock
2022-06-23 14:54:19

Layer by Layer 36: Avalanche, Solana, and Cosmos

Quick TakeIn this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and fundingA recent liquidity crunch in crypto markets has put the stability of pegged assets to the test. With the spread of stablecoins throughout L1 ecosystems, destabilizing events can now have significant trickle down effects across chainsMeanwhile, Solana begins a major evolution with the introduction of QUIC and fee markets, and Cosmos ecosystem protocols continue their push for deeper connections with EVM chains

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