Altcoin Roundup: Interoperability push puts attention back on Polkadot By Cointelegraph

Altcoin Roundup: Interoperability push puts attention back on Polkadot

Cryptocurrency Apr 08, 2022 06:40PM ET

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Altcoin Roundup: Interoperability push puts attention back on Polkadot

The Polkadot ecosystem sorely underperformed compared to other layer-1 networks in 2021, while the slow roll-out of parachain auctions and mainnet launches left the network playing catch-up in 2021.

It appears that this trend came to an end in mid-March when numerous projects in the Polkadot ecosystem saw their prices climb higher after users began to engage with networks that expanded their offerings and made a push toward Ethereum Virtual Machine (EVM) compatibility.

DOT, GLMR, ACA, ASTR, SAITO, CFG and KYL in USDT pairs. Source: TradingView

Total value locked on Astar. Source: DefiLlama

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Altcoin Roundup: Interoperability push puts attention back on Polkadot

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