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.
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.
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.
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%.
$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.
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.
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.
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