From March 28 to April 3, 2021, the cryptocurrency market is showing signs of recovery after the previous week’s decline. More than 90% of altcoins have risen in price alongside Bitcoin and are rising according to statistics from Coin Check Up.
The most popular cryptocurrencies during these seven days are led by Tron (TRX) The company awards prizes of up to USD 200,000 to members of its community who participate in various competitions. You follow him Lisk (LSK)preparing a new blockchain interoperability solution; and EOSwhich is at the end of its annual hackathon.
The weekly top is completed with Stratis (STRAX)who has formed a partnership to expand their developer community; and Siacoin (SC)who will launch a hackathon for content creation on its platform next week.
The price of Bitcoin is rising again, approaching $ 60,000 again. On average BTC upgraded by 7% between $ 55,000 and more than $ 60,000 in those seven days through April 2nd.
This is a rebound announced by several analysts, although this time the surge is due to the fact that Visa has added cryptocurrency transactions to its payment system. This company’s arrival in the cryptocurrency environment appears to have had a positive impact on the native cryptocurrency market amid massive institutional investment.
The news had a more marked impact on the value of Ether (ETH) when the multinational financial services company first transacted the USDC stablecoin over the Ethereum blockchain. This network’s cryptocurrency saw a 23% advance. The price moved between $ 1,600 and $ 2,141 within seven days.
All of this while the main Ethereum developers are debating the implementation of the Shanghai fork, the third on the agenda for 2021 after the announced updates for Berlin and London.
Other relevant cryptocurrencies on the market Show growth. Cardano (ADA) up 2.7%; Polkadot (DOT) wins 34%; Litecoin Grows 17%; and Ripple’s XRP estimates 14%.
Tron delivers prizes of up to USD 200,000 in the DeFi competition
This week, the names of the top 10 winners of the first round of the TRON 2021 Global DeFi Hackathon Developer Contest, organized by the Tron Foundation, were announced. According to the information from the official publication, the event is hhas won over 100 project teams from all over the world for this ecosystem.
In the middle of this March 31st announcement, the price of TRX rose sharply from $ 0.0672 to $ 0.0964 in a 24-hour period. On average, the value of the cryptocurrency rose over 60% over the course of the week.
According to the Tron publication, the contestants are receive rewards of up to $ 200,000and they can compete in a variety of categories including DEX, NFT, loans, and payments. You will run a total of 6 rounds with 10 winners each.
Additionally this week too TRON Century Mining has officially started, a three-month initiative through which the Foundation is allocating a $ 100 million budget to develop a DeFi mining hackathon.
Meanwhile, the price of TRX has increased in the last few days. As of April 3, the value of the cryptocurrency peaked at USD 0.1022. The market capitalization is USD 6,890 million and the daily trading volume is USD 8,780 million.
TRX’s award began on March 31st when the winners of a DeFi competition announced. Source: coin inspection.
Lisk will present an interoperability solution at a developer meeting
The Lisk team has announced the next meeting of their development team. called Lisk.js. This is a virtual event that will take place on May 21-22 that will showcase the new Lisk interoperability solutions as well as demonstrations of the platform development updates.
The information was released on April 1 when the price of LSK rose, which rose an average of 44% over those seven days. As explained on the Lisk blog, the event is open to developers, blockchain enthusiasts and community members worldwide.
According to the progress of the project developer, the new interoperability solution is from Lisk will be based on the cross-chain certification paradigm. This means that the interaction between the blockchains is carried out by sending a signed digital object, which is identified as a certificate.
The price of LSK has increased since March 28th. For this April 3rd it hits a maximum of USD 6.43. The market capitalization is USD 773 million and the daily trading volume is USD 81 million.
The price of Lisk rose around 44% in those seven days. Source: coin inspection.
The deadline for participation in the annual EOS Hackathon ends
EOS will close the deadline for receiving projects for the EOSIO Hackathon on April 6th. According to the team behind the project, Block.one, the event that started on March 2nd, will take place in collaboration with Google Cloud, Galaxy Interactive and Mythical Games. In the meantime, the native cryptocurrency of the blockchain has been on the rise since March 31. grow up to 50% in a week.
According to the publication, around 1,295 participants have so far registered for projects that focus on blockchain and cloud and are all based on the EOSIO platform. Will deliver Prizes up to USD 65,000 The winners will be announced on April 27th. The jurors evaluate the quality, scalability, implementation and use of the blockchain.
This EOS hackathon is part of a series of competitions that Block.one has been organizing since 2018. the goal is Design applications with blockchain support. The participating projects must aim to solve current problems and create changes in the communities.
The price of EOS began its growth on March 31st and peaked at $ 6.44 on April 2nd. The market capitalization is $ 5.84 billion and the daily trading volume is $ 10.14 billion.
The price for EOS rose about 50% in the middle of a hackathon. Source: coin inspection.
Stratis wants to expand its developer community
In an April 1st press release, Stratis announced its partnership with C # Corner, one of the world’s largest communities for Microsoft’s batch data and software developer. The team’s idea is to take advantage of Microsoft technologies. especially the programming language C #and get a large number of programmers to help develop Stratis blockchain technologies.
As part of this partnership, the price of the native Stratis cryptocurrency began to rise. STRAX’s weekly progress is estimated at almost 40%. Place the crypto asset on top of CriptoNoticias.
The clauses of the agreement state that the C # Corner development team will be responsible for providing new solutions for the Stratis platform. They also plan hackathons for developing smart contracts that they want to implement on the network.
The price for STRAX began to increase slowly from March 28th. hit a high of $ 2.29 on April 3rd. The market capitalization is $ 284 million and the 24-hour trading volume is $ 13.8 million.
Stratis’ STRAX cryptocurrency is growing 45% this week. Source: coin inspection.
Sia Hackathon invites users to create content
In a blog post on March 31, the Sia team reported on the impending start of a hackathon aimed at developing decentralized applications that make building easier. Share and interact with content and media on the Skynet platform. SC’s price jumped shortly after the announcement and rose 50% in those seven days.
As reported by CriptoNoticias, the event starts on April 9th and ends on May 31st Prizes up to USD 25,000 for participating users who create interesting content that is also gaining popularity in the community.
Meanwhile Siacoin recorded a steady increaseTrading between USD 0.0227 on March 28th and a maximum of USD 0.0332 on April 2nd, although there has been a slight downward trend in the last few hours.
The Skynet hackathon is being developed in three phases: Construction, exploration and a visualization phase they call the dream phase. SC’s market capitalization is $ 1.43 billion and its 24-hour trading volume is $ 275 million.
The Sia Hackathon takes place from April 9th to May 31st. Source: Coin Check Up.