Cronos, Optimism, and DPAT: A Week of Crypto Volatility

• Optimism (OP) observed a surge of user counts as daily transactions on the layer-2 network significantly increased following the program’s start in September 2022.
• Cronos (CRO) has recently released an official version 1.0 upgrade to boost its performance, quickness, effectiveness, and dependability.
• DPA Token (DPAT), the African crypto investment protocol, remains a hot topic internationally.

Optimism (OP)

Built on top of Ethereum (ETH), Optimism (OP) is currently one of the leading layer-2 blockchains in the crypto market. By using optimistic rollups, Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem. Following its Optimism Quests programme in September 2022 with a deadline of January 17th 2023, users observed a significant increase in daily transactions on the layer-2 network only to experience a 70% decrease since its conclusion.

Cronos (CRO)

Cronos is based on Cosmos SDK technology and is a layer-1 blockchain network that is interoperable with Ethereum. It allows developers to port dApps and assets from other layer-1 blockchain networks such as Ethereum, Solana, BNB Chain, and Terra which was designed to scale up DeFi sector and user base for decentralized applications (dApps). The recent v1.0 upgrade for Cronos Chain aims at enhancing network performance in terms of quickness, effectiveness, dependability as well as improving its scalability features by introducing new protocols like IBC and more.

DPA Token (DPAT)

DPA Token (DPAT) is an African crypto investment protocol which has been gaining attention internationally due to its potential in opening up African investments to global crypto markets. The protocol provides investors with access to decentralized financial services that are secure and private while also offering low transaction fees compared to traditional banking methods which makes it attractive for both institutional and retail investors alike

Conclusion

As we can see from these three popular cryptocurrencies so far this week; Optimism has experienced decreased transaction volume due to completion of their quests program while Cronos has seen increases in their performance after their v1.0 upgrade however DPA Token remains an international hot topic given its potential for opening up African investments into global crypto markets