Ethereum Updates: Alternative Coins Rise on New Developments While Major Cryptocurrencies Remain Unchanged
- Altcoin Lisk (LSK) surges 70% amid short squeeze and Optimism Superchain migration, driven by Binance/Bybit open interest and Upbit's 81% trading volume share. - Aero (Aerodrome+Velodrome) merger aims to create $536M TVL cross-chain liquidity hub, challenging Uniswap's $4.9B dominance with MEV auctions and Ethereum integration. - DeFi faces headwinds as TVL plummets across major chains, exacerbated by $120M Balancer exploit, while Injective Protocol launches gas-free Cosmos-based mainnet to boost scalabi
Altcoins are experiencing heightened activity in the cryptocurrency sector, with
Lisk, a long-standing blockchain project, has made a notable resurgence, with its token
In a bid to unify liquidity, decentralized exchanges Aerodrome and Velodrome are set to combine into a single platform named Aero, which is scheduled to debut on the
Injective Protocol, a decentralized exchange built on Cosmos, is preparing to roll out its public mainnet on November 12, promising zero gas fees and a modular design to enhance blockchain scalability, as stated in a
Although
As altcoins attempt to recover, Lisk’s technical improvements and Aero’s cross-chain vision point to a trend toward specialized applications. Nevertheless, with DeFi TVL shrinking and XRP’s price remaining unstable, as reported by
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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