🗓️ State of Polkadot Q1 2024. In Q1 2024, ecosystem active addresses reached an all-time high of 514,000, a 48% increase QoQ and 192% increase over six months. Moonbeam continued to be the leading parachain, and Manta Network saw the largest increase. Concurrently, XCM messages set an all-time high and were up 94% QoQ and 314% over the past six months.
🗓️ State of POKT Network Q1 2024. POKT Network is the only RPC network with multiple gateways that also plans to support permissionless deployments, making it a de facto base layer for RPC services. It will soon launch a major upgrade enabling interoperability with the Celestia ecosystem and other rollup networks. Throughout Q1, POKT Network nodes received $4 million in rewards due to the 228% increase in the average POKT price. To end the quarter, the amount of POKT staked reached 49% of the circulating supply for a value of $178 million. As POKT Network continues to expand its ecosystem and improve its core product, it will become the decentralized standard for RPC infrastructure.
🗓️ State of Celo Q1 2024. Celo's capabilities to support payment and other real-world applications took a notable stride in Q1 with the integrations of native USDC and USDT. Subsequent proposals were passed to enable users to pay transaction fees in those native stablecoins. One of the standout payments applications on Celo is Opera's stablecoin wallet MiniPay, which is powered by payments SDK SocialConnect. SocialConnect witnessed 1.3 million new registered identifiers in Q1, a 44% QoQ increase. Celo continued research and development toward its upcoming transition to an Ethereum L2. After the quarter ended, cLabs proposed to leverage the OP Stack. The next steps include community and governance calls and an onchain vote. Pending approval, the launch of the CEL2 testnet is anticipated for the summer.
🗓️ State of The Graph Q1 2024. Demand for data on The Graph Network reached an all-time high of over 1.6 billion queries in Q1'24, up 66% from 1 billion in Q4'23. As a result of this increase in query volume, demand-side revenue in USD increased 42% QoQ. Since Q1'21, The Graph has been focused on the migration from a hosted service to a decentralized network. As of Q1'24, a total of 1,952 subgraphs have been published from The Graph's hosted service to the decentralized network, up 29% QoQ from 1,509 at the end of Q4'23. Simultaneously, The Graph's decentralized protocol supported over 40 networks as of Q1'24. In Q1'24, The Graph completed the first out of the three phases of its larger plan for the sunrise of decentralized data. As more subgraphs are migrated to the decentralized network in the coming quarters, The Graph will continue to remove technical barriers for developers, ultimately leading to faster innovation across the entire crypto space.
[Messari Governance] [Aave DAO] GHO Stewards - Adjustments GHO Borrow Cap. This proposal aims to increase the GHO borrow cap by 2 million. The current borrow cap is set at 52 million, and it is proposed to raise this to 54 million, representing a delta of 2 million.
[Messari Key Developments] [Uniswap] Robinhood Integration. Uniswap has announced that users of the Uniswap mobile app can now buy crypto directly from their Robinhood balance using Robinhood Connect. The announcement stated that this feature is available only for users in the United States.
No comments:
Post a Comment