Daily Alpha and Summary. 20, March, 2024.
Defi
Bullish on Movement labs. ThalaLabs of Aptos is coming to Movement. Both Aptos and movement use move lang so easy shipping
Aevo staking is live
Solana Rollups
Mysten Labs, company behind Sui, claims they achieved linear scaling by increasing throughput 8x with 8 machines, demonstrating low latency blockchain txn.
Ton Foundation has announced launch of Open League, a Toncoin community rewards initiative valued at $115M+
Starknet published its roadmap outlining plans to increase scalability via introduction of parallel execution in v0.13.2, scheduled for Q2
Great token launch from TAO competitor— Zero1 $Deai. Zero1 is POS whilst TAO is POW, that’s the difference and POS is cheaper
Zero network by Zerion. Big if true
Dymension RollApp Standards (DRS), RollApp equivalent of ERC. DRS will come with fraud proofs to verify the state transition of a RollApp
NFT
Yesterday, a CryptoPunk sold for $16.42M
Airdrop
A lot of Kols backing this one. Should be big
Decentralizing the network screams airdrop
State of the Market
Very true
Sec classifies ETH as a security