Lanțul Degen, L3 nou dezvoltat, în fruntea topului zilnic TPS

In 24 hours, Degen Chain, a newly developed layer-3 network, has recorded the highest transaction per second (TPS) over the Ethereum ecosystem.

Degen has rapidly gained an immense following of crypto content creators, developers, and users looking to make profits through crypto investments. 

Growth of Transactions per second (TPS)

The Degen’s TPS count has increased 62% over the last day and now stands at 35.7 TPS. It beat out the blockchain it was built on, BASE, at 29.7 TPS, as per the data shared on L2BEAT.

Considering 86,400 seconds in a day and 35.7 transactions per second in a day. On multiplying the number of transactions per second by the total number of seconds in a day, the total number of transactions in a day comes out to be 3.08 Million.

However, the average trading volume on Degen Chain could only reach $819,600. It is placed 35th out of 44 blockchains, per the CoinGecko data.

The average value per transaction was just $0.27, which is significantly less in comparison with Ethereum and Base, which stand at $1,867 and $170, respectively.

Usage of TPS

The TPS is widely and primarily used to measure a blockchain’s scalability limits. Multiple industry leaders have said it is a flawed metric as it lacks consideration considering the computational size of each executed transaction.

Steven Goldfeder, founder of Offchain Labs, recently spoke to media channels where he stated, “[It] is a bit like counting the number of bills in your wallet but ignoring that some are singles, some are twenties, and some are hundreds.”

Jeton DEGEN

Degen (DEGEN) token powers the memecoin turned chain, initially started as a tipping token for users interacting with Degen’s channel or Farcaster, which is a popular decentralized social media platform.

Thomas Tang, a vice president of investment at cryptocurrency venture capital firm Ryze Labs.

Tang told media channels that, “It’s gained massive mass popularity because everyone’s tipping each other, and everyone holds it.”

Based on this learnings, they built a layer 3.

The inevitably of the movement of users, applications, tokens, contracts, and data to L3s is becoming more clear.

Since helping @degentokenbase launch Degen Chain only a month ago, it’s proven to me that it’s not only possible—it’s real. https://t.co/tvXuDAEqKG

— ian (@ianDAOs) Aprilie 18, 2024

There is currently $4.1 Million in total value locked (TVL) on the Degen Chain, while the three-month-old DEGEN token boasts a market capitalization of $326 Million, as per the data.

Considerably, the Degen Chain is an ultra-low cost, application-specific layer 3 blockchain that was built with Arbitrum Orbit and leverages the settlement layer of Base, an Ethereum layer-2 scaling solution.

Anurag lucrează ca scriitor fundamental pentru The Coin Republic din 2021. Îi place să-și exercite mușchii curioși și să cerceteze în profunzime un subiect. Deși acoperă diverse aspecte ale industriei cripto, este destul de pasionat de Web3, NFT, Gaming și Metaverse și le vede ca pe viitorul economiei (digitale). Cititor și scriitor la inimă, el se autointitulează un „chitarist mediu” și un fotbalist distractiv.