• Latest
Stellar [XLM] Making Major Move into Financial Markets, Real Usecases

Decentralized App Platforms Moving Up In Value, May Indicate Overall Market Recovery

February 23, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Trading

Decentralized App Platforms Moving Up In Value, May Indicate Overall Market Recovery

coinnewsdaily by coinnewsdaily
February 23, 2019
in Trading
0
Stellar [XLM] Making Major Move into Financial Markets, Real Usecases
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
naga review unveiling the platformac280c299s copytrading value proposition 1[1]

3 Facts Points Out BTC To Surge Extremely In A Week: How To Seize The Chance to Profit?

April 20, 2022

Since the beginning of the year, crypto prices have largely been stable, leading many analysts to argue that a general recovery is underway. At a minimum, there is a consensus that fiat values will likely not drop further. Now, a new pattern appears to be emerging, as the top decentralized application (dApp) platforms are making noteworthy gains, indicating that the market may be shifting, with larger, more established coins regaining the trust of investors. Should this scenario be the case, it could be a clear indication of market maturation, and perhaps a sign that the year-long bearish trend could soon end.

The positive moves among the dApp platforms appear to be based on specific developments by each one, rather than as part of a general move up. Despite the decline in values over the past several months, teams have been hard at work making technical developments and forging partnerships with governments and businesses. It appears that this work is beginning to pay off, as clear signs of mainstream adoption and long-term success are emerging.

Stellar Lumens is one platform that has seen a notable rise in value over the past few days, moving up 22% since February 5th. This advance is due largely to positive adoption and development news. For example, Mastercard has announced a partnership with Token.io to develop what it calls an “open banking hub” which will better connect financial institutions to third parties. Part of this network will include a stablecoin, Token X, that will operate on the Stellar blockchain. Also, Coinsquare, a Canadian exchange, has just acquired StellarX, a Stellar-based peer-to-peer crypto marketplace.

Neo has also seen a move up in price, having advanced 45% since the beginning of this month. Gas has also increased significantly in fiat value. The reasons for such an increase is the recent release of details on Neo 3.0, the next significant phase on the platform’s roadmap. The news is promising, with claims of greater scalability, faster transaction speed, and an upgrade in the programing capabilities for smart contracts. According to co-founder Eric Zhang, who gave the details, this upgrade is designed to enable Neo to better handle enterprise-level applications. The development team has also announced the opening of an office in Seattle, Washington.

Other positive performers include EOS, Stratis, and Ethereum, which have all had good news recently. Ethereum, for example, plans to implement its Constantinople upgrade by the end of the month, which will represent a major technical step forward. Also, EOS and Stratis have completed a number of steps on their roadmaps.

Although it is too early to know if a true price recovery is underway, there is no doubt that blockchain adoption is accelerating, and these platforms that enable decentralized applications and smart contracts are all but guaranteed to play a major role moving forward. Thus, it is little surprise that they will be stand outs during a period of market uncertainty. Their recovery could also be a catalyst that begins a bull run. For now, investors appear to be convinced that prices will not drop further, and are thus choosing to acquire them while prices are still well below their all time highs.

Tags: co-founderCrypto TradingEric Zhangopen banking hubpeer-to-peerSeattleTrading
Share76Tweet48
Previous Post

51% Attacks for Rent : The Trouble with a Liquid Mining Market

Next Post

Bitcoin Has a Florida Problem

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
naga review unveiling the platformac280c299s copytrading value proposition 1[1]
Bitcoin

3 Facts Points Out BTC To Surge Extremely In A Week: How To Seize The Chance to Profit?

April 20, 2022
here's how ether options traders could prepare for the proof of stake migration
Ethereum

Here’s how Ether options traders could prepare for the proof-of-stake migration

April 20, 2022
Pro traders know it’s time to range trade when this classic pattern shows up
Ethereum

Pro traders know it’s time to range trade when this classic pattern shows up

April 17, 2022
ethereum derivatives data shows pro traders are bearish, but for how long?
Ethereum

Ethereum derivatives data shows pro traders are bearish, but for how long?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
Load More
Next Post
Bitcoin Has a Florida Problem

Bitcoin Has a Florida Problem

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,532.00-0.84%
  • ethereumEthereum(ETH)$1,643.90-1.26%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$323.92-2.46%
  • rippleXRP(XRP)$0.4123290.07%
  • cardanoCardano(ADA)$0.402407-0.01%
  • dogecoinDogecoin(DOGE)$0.092129-1.54%
  • matic-networkPolygon(MATIC)$1.18-3.77%
  • okbOKB(OKB)$39.72-1.34%
  • solanaSolana(SOL)$24.49-1.76%
  • polkadotPolkadot(DOT)$6.723.28%
  • shiba-inuShiba Inu(SHIB)$0.0000123.58%
  • litecoinLitecoin(LTC)$99.00-1.17%
  • tronTRON(TRX)$0.0647372.13%
  • daiDai(DAI)$1.000.02%
  • cosmosCosmos Hub(ATOM)$14.75-0.69%
  • chainlinkChainlink(LINK)$7.13-1.99%
  • ethereum-classicEthereum Classic(ETC)$23.233.01%
  • moneroMonero(XMR)$173.91-2.20%
  • leo-tokenLEO Token(LEO)$3.35-0.33%
  • bitcoin-cashBitcoin Cash(BCH)$138.000.67%
  • stellarStellar(XLM)$0.0929430.10%
  • filecoinFilecoin(FIL)$5.55-3.40%
  • crypto-com-chainCronos(CRO)$0.080686-0.59%
  • algorandAlgorand(ALGO)$0.2555940.36%
  • vechainVeChain(VET)$0.024711-0.31%
  • internet-computerInternet Computer(ICP)$5.87-1.63%
  • aaveAave(AAVE)$89.32-1.75%
  • eosEOS(EOS)$1.090.71%
  • elrond-erd-2MultiversX(EGLD)$45.632.88%
  • theta-tokenTheta Network(THETA)$1.101.34%
  • tezosTezos(XTZ)$1.121.22%
  • huobi-tokenHuobi(HT)$5.8911.78%
  • paxos-standardPax Dollar(USDP)$1.000.92%
  • bitcoin-cash-svBitcoin SV(BSV)$43.03-1.03%
  • havvenSynthetix Network(SNX)$2.53-5.48%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.11-4.14%
  • dashDash(DASH)$62.12-1.07%
  • iotaIOTA(MIOTA)$0.2372301.05%
  • neoNEO(NEO)$8.954.80%
  • makerMaker(MKR)$675.37-0.35%
  • zcashZcash(ZEC)$46.24-3.14%
  • zilliqaZilliqa(ZIL)$0.0288801.14%
  • basic-attention-tokenBasic Attention(BAT)$0.270615-0.11%
  • compound-governance-tokenCompound(COMP)$53.72-4.53%
  • nemNEM(XEM)$0.0401531.68%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.381.50%
  • bitcoin-goldBitcoin Gold(BTG)$17.02-1.84%
  • sushiSushi(SUSHI)$1.5310.02%
  • qtumQtum(QTUM)$2.76-0.36%
  • wavesWaves(WAVES)$2.60-0.48%
  • golemGolem(GLM)$0.2540253.56%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,717.400.71%
  • omisegoOMG Network(OMG)$1.521.84%
  • ontologyOntology(ONT)$0.2180060.94%
  • digibyteDigiByte(DGB)$0.010943-1.48%
  • umaUMA(UMA)$2.08-0.86%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%