Tag: trend

Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

coiner

Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6% respectively, the likes of Ethereum, Polygon and Solana saw their counts fa by 23%, 43% and 57% respectively over the same timeframe, according to an updated developer report by Electric Capital, which provided data up to Oct. 1. Total monthly active developers fell 27.7% from 26,701 developers to 19,279, reflecting a…

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Litecoin price at risk of a 30% drop if key LTC futures historical trend repeats

coiner

With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90.  Litecoin’s (LTC) price has declined by 19% in the last 18 days, but it has shown a positive 31% performance this year. Notably, most gains occurred between June 29 and July 2, with a 34% rally pushing the price to a 14-month high of $115. Litecoin/USD 1-day price at Coinbase, 2023. Source: TradingView However,…

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