Cronos Surprises With 11% Uptick
The post Cronos Surprises With 11% Uptick appeared on BitcoinEthereumNews.com.
Cronos is currently riding the bullish wave, seeing significant gains despite the momentum of the general market slowing down. According to Coingecko, the token is up more than 12% since last week, going against the grain of the general market momentum. Related Reading This week, Cronos has spurred investor interest as it creates momentum for its upcoming Cronos zkEVM mainnet alpha launch on August 15th. Cronos zkEVM Set To Launch With Major Partners The official Cronos X account has announced that the mainnet of its upcoming Cronos zkEVM will be released in its alpha stage on August 15 next week. This will be the platform’s dedicated layer 2 for Ethereum, leveraging Ethereum’s security while maintaining Cronos chain interoperability. The Cronos zkEVM public mainnet (alpha) launch date is targeted for August 15. Cronos’ newest, future-proof blockchain network is almost ready to go live. On Aug 15, users will be able to connect their wallet, bridge funds, and use a large and growing number of dapps. What are… https://t.co/aYOdM7FKAS pic.twitter.com/UM3zPWJfO3 — Cronos (@cronos_chain) August 8, 2024 Cronos also secured multiple launch partners for the zkEVM, each of which will help in improving user convenience as the developers work out the L2’s kinks in the first couple of months. Partners like the Earn Network and Pyth Network will enable users to use the alpha mainnet with little to no hiccups. Eli5DeFi also released a post explaining the advantages of the upcoming layer 2. With Cronos zkEVM’s high throughput, native account abstraction, shared liquidity, and native yield-bearing assets, the platform is set to have a great time on launch day. As the @cronos_chain mainnet launch approaches, let’s revisit what sets Cronos zkEVM apart. Dive into our full breakdown in the previous post! Learn more here ⬇️https://t.co/lXeHxKBRH9 https://t.co/ZOhxuwTAnh pic.twitter.com/xVtfye8BnU — Eli5DeFi (@eli5_defi) August 8, 2024…
Filed under: News - @ August 11, 2024 9:14 am