Bit News Live

ERC-20 ‘flips’ Ethereum – Here’s what you need to know

After reporting tremendous gains during the rally,

Source: DeFi Pulse

Researchers from Arcane believed that the Sushi Protocol uncertainty affected the entire DeFi ecosystem leading to the TVL collapse by nearly 17%.

Despite the fall, the ERC-20 tokens and the DeFi market were once again on a bullish path. Tokens like LEND, ELF, SNX, and REN were surging due to a spike in address activity which could be an indication of the bullishness in the market. Although DeFi has also been a direct contributor to the rising ETH gas cost, its ecosystem has not yet been impacted but once again highlighted the scalability issues of Ethereum.

AMB Crypto

Live Price

powered by Coinlib

Crypto Converter

powered by Coinlib

Your Header Sidebar area is currently empty. Hurry up and add some widgets.

%d bloggers like this: