ROSE gains 54% in a week as Oasis Network ecosystem expands
ROSE price is on the rise thanks to a $160 million ecosystem fund that helped facilitate the launch of the first DeFi and NFT projects on Oasis Network. High transaction costs have been a thorn in the side of the top blockchain protocols for years as both Bitcoin (BTC) and Ethereum (ETH) have seen the average cost of conducting token transfers skyrocket during times of network congestion and high demand. One layer-one (L1) protocol that has been gaining traction in recent months that seeks to offer a low-cost solution to high fees is the Oasis Network (ROSE), a privacy-focused L1....
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The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first 24 hours of operations, YuzuSwap achieved a total value locked, or TVL, of $100 million, the company reported Wednesday. Trading volumes over the 24-hour time frame reached $323 million. Within DeFi, TVL refers to the total value of....
Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem.
The token-drop for Oasis Network’s ROSE token has amassed a $10.5 million TVL and is now the second-largest offering on the U.S.-headquartered CoinList platform by number of participants. Initial token sale platform CoinList has revealed that more than 6,700 investors participated in Oasis Network’s “ROSE Garden” token drop.The ROSE Garden token drop was designed to ensure an equitable token distribution and attract robust participation from stakers for the launch of the project’s mainnet. It allowed investors to lock up to 2,000 USDT or USDC before Nov. 18 for a period of one month in....
ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500. Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly followed suit with a majority of the tokens in the top 200 registering double-digit gains for the day. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from Cointelegraph Markets Pro and....
ROSE, PRQ and AVA price soared after a key trading metric signaled that "altseason" is here and BTC moved to $52,000. The wider cryptocurrency market is showing signs of strength on Sept. 6 as Bitcoin (BTC) bulls battle for control at the $51,500 level. Altcoins have benefited from Bitcoin’s strong showing, with many seeing gains in excess of 20%, and the Altseason Indicator from Cointelegraph Markets Pro continues to signal that market conditions are tilted toward further gains for altcoins. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from....