DeFi

Polygon

Avalanche

<p>According to a post on X by <a href="https://twitter.com/TheDeFinvestor/status/1753127911622594631?t=NmqJV7ZIQZenllytehlaYg&amp;s=19" target="_blank" rel="nofollow">The DeFi Investor</a>, a slew of major upgrades, product launches, token distributions and partnerships position over a dozen leading crypto projects including Avalanche and Polygon for increased utility and volatility.</p> 
<p><strong>Ava Labs, the team behind Avalanche (AVAX),</strong> has made a significant breakthrough with the introduction of the Vryx Scaling Solution. With a goal to achieve an impressive 100,000 transactions per second (TPS) on the Avalanche blockchain, this solution promises to enhance scalability and performance. If successful, this development could position Avalanche as a more attractive choice for developers and users alike.</p> 
<p><strong>Polygon Unleashes AggLayer to Enhance Cross-Chain User Experience</strong><br>Polygon (MATIC) continues to solidify its position as a leading blockchain platform with the introduction of AggLayer. This innovative solution aims to significantly improve the user experience for cross-chain transactions and address the issue of liquidity fragmentation. By facilitating seamless interactions across different blockchains, AggLayer seeks to streamline the process and make it more user-friendly. As the adoption of AggLayer grows, it could introduce increased trading activity and potential volatility for MATIC.</p> 
<p><strong>Jupiter Launches Token and Conducts Airdrop</strong><br>Jupiter, another notable project in the DeFi realm, has launched its own token and conducted a substantial airdrop worth over $700 million to its users. What sets Jupiter apart is its reserved allocation of a large percentage of the token supply for future airdrops. This strategic move not only rewards early adopters but also generates excitement and anticipation for upcoming token distributions.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>In addition to Avalanche (AVAX) and Jupiter, several other cryptocurrencies are poised for significant developments:</p> 
<p><strong>Picasso </strong>introduces the first instance of restaking on Solana, allowing users to deposit SOL and SOL liquid staking tokens in restaking vaults.<br><br><strong>LayerZero</strong> unveils LayerZero V2, enabling developers to build applications and tokens that function seamlessly across different blockchains.<br><br><strong>Curve Finance </strong>announces the development of lending and borrowing markets specifically for crvUSD, expanding possibilities for users to leverage their crvUSD holdings.<br><br><strong>Router Protocol </strong>launches Router Nitro, a modular cross-chain bridge that aims to reduce cross-chain transaction costs by 60%.<br><br><strong>Synthetix</strong> deploys V3 of its perpetuals contracts on Base, introducing new features and enhancing the trading experience on the platform.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="733" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-733x1024.png" alt="" class="wp-image-431236" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-733x1024.png 733w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-215x300.png 215w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-768x1073.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-1099x1536.png 1099w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-1466x2048.png 1466w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-107x150.png 107w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-100x140.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-251x350.png 251w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57-788x1100.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-57.png 569w" sizes="(max-width: 733px) 100vw, 733px">
</figure> 
<p><strong>Mode Network</strong> Mainnet and Airdrop 1 go live, offering a new Modular DeFi L2 powered by Optimism.<br>Aevo announces its first farming program and an airdrop, providing users an opportunity to increase their airdrop rewards through participation.<br><br><strong>Swell</strong> releases rswETH, its own liquid restaking token, offering users a way to earn additional rewards on their holdings.<br><br><strong>Immutable</strong> zkEVM Mainnet Early Access goes live, powered by Polygon, and aims to revolutionize GameFi projects.<br><br><strong>Starknet </strong>partners with Celestia to enable the creation of high-throughput Layer 3 solutions.<br>dYdX Chain now supports liquid staking protocols, expanding its functionality within the DeFi ecosystem.<br><br><strong>Skip Protocol </strong>introduces Slinky, the first restaked oracle aggregator designed for DeFi applications that prioritize performance and trustlessness.<br><br>As these projects make significant strides, it’s important to remember that the cryptocurrency market remains highly volatile. Investors should exercise caution and conduct thorough research before making any investment decisions.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/ai-forecasts-cardano-ada-price-target-when-bitcoin-hits-150000/" target="_blank">AI Forecasts Cardano (ADA) Price Target When Bitcoin Hits $150,000</a></li> 
 <li><a href="https://captainaltcoin.com/ripples-xrp-ready-for-takeoff-analyst-makes-bold-prediction-despite-recent-struggles/" target="_blank">Ripple’s XRP Ready for Takeoff: Analyst Makes Bold Prediction Despite Recent Struggles</a></li> 
 <li><a href="https://captainaltcoin.com/nuggetrush-ico-triumphs-surpassing-bonks-recent-market-performance/" target="_blank">NuggetRush ICO Triumphs, Surpassing BONK’s Recent Market Performance</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/major-developments-position-avalanche-avax-polygon-matic-and-these-cryptos-for-volatility-this-week/">Major Developments Position Avalanche (AVAX), Polygon (MATIC) and These Cryptos for Volatility This Week</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Major Developments Position Avalanche (AVAX), Polygon (MATIC) and These Cryptos for Volatility This Week

Table of Contents

CaptainAltcoin

Other articles published on Feb 2, 2024

Chainlink’s LINK Token Surges Following Dormant Wallet Activity

Why Is API3 Price Up? Crucial Breakout Signals a Major Change of DIrection

US Department of Energy (DoE) Wants Crypto Miners To Share Their Energy Consumption

Max Keiser Slams Dogecoin, Responding to Elon Musk's Tweet

ForwardCelebrates a Rewarding January

Top Crypto Expert Flags Solana’s Bearish Selling Climax as SOL Stares Down $80 Value

Join our free newsletter for daily crypto updates!