In the midst of a complex and changing crypto market, Metis Coin (METIS) continues to gain attention. Putting focus on scalability, Metis is striving to offer efficient solutions to common blockchain issues, emphasized by the growth it reported in a period of two weeks, totaling $600m. The Ethereum layer-2 network is also taking action against phishing scams after its Discord was hacked.
Metis has launched Sequencer Mining that encourages more engagement in its ecosystem while securing a $100M fund for its decentralized sequencer initiative. With notable projects eyeing up to $360M in rewards, Metis had a dramatic rise in price; so much so that it increased by 27% just before being listed on Binance.
Moving forward, Metis aims to boost user experiences through Liquid Staking Blitz, banking on innovative technologies like Zero-Knowledge Rollups (ZKMs) that aim to make Ethereum a universal settlement layer. This excitement is reflected in the coinβs performance as it rallied by 350% within a span of 15 days.
However, Metis has also had its hurdles. After the PolyNetwork hack, the platform stopped accepting purchases from BNB Chain. Despite this inconvenience, it managed to offer support for users impacted by the attack while improving its cross-chain structure.Heavier also a huge competition with other tokens like MoonBag, Brett and Pendle. Anyways Metis remains an attractive option conducive to mass adoption of cryptocurrency.
METIS Coin News Analytics from Thu, 11 Jul 2013 07:00:00 GMT to Sat, 17 Aug 2024 15:05:45 GMT - Rating -1 - Innovation 9 - Information 7 - Rumor -2