Q1 2021 marked the beginning of the long-awaited ecosystem wars.
In this week's recap, we dive into the weekly performance of the most popular protocols across different Layer-1s.
Ethereum
Assets with longevity on their side showed the highest resilience during the week. As of April 22nd, $MKR and $COMP were the only two assets in the Ethereum ecosystem with positive weekly returns.
Cosmos
All assets in the Cosmos ecosystem suffered last week. $ATOM, the chain's native token, had the worst performance ending the week with a -27% return.
Binance
$CAKE was the clear winner in the Binance ecosystem with a weekly return of 17%. $CREAM came in last with a loss of -26%.
Polkadot
Polkadot's assets as a whole were the worst-performing of the week. All of them suffered two-digit declines.
Solana
After a bumpy start to the week, $SOL ended the week strong with a weekly return of 29%. $KIN and $AUDIO were the laggards of the group with weekly returns of -26% and -28% respectively.
Weekly Performance Recap as of April 22nd
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messari.io/article/weekly…
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