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The SSV Network has announced ambitious plans to build an infrastructure supporting 'based' apps (bApps) on the Ethereum platform. This new development, dubbed 'SSV 2.0', promises to reshape Ethereum security and center the network around applications native to its ecosystem. This is a significant step towards Decentralized Validator Technology (DVT) as the Network comfortably secures $3B in Total Value Locked (TVL).
In the cryptocurrency market, SSV, alongside other tokens like STX, CFX, AGIX, and GRT, has been recognized as one of the top performing assets in recent times. Although the digital currency market remains volatile, with the overall cryptocurrency market cap recording a decline, key players such as Bitcoin and Ethereum have maintained stability. Conversely, SSV continues its upward trajectory, with predictions showing promising potential for growth.
In line with this, the SSV Network has listed on BYDFi alongside Ondo, Aeve, and Ether.fi. Meanwhile, the Network continues to celebrate milestones, including the successful deployment of its Simple DVT Module, which was marked with community incentives. Coincidentally, as Switzerland celebrates the bicentennial of the Swiss Shooting Sports Federation with a new proof gold coin, the Swiss-based delegation company for the SSV Network, Lido, conducts tests that could signify a major decentralization push by 2024.
SSV Coin News Analytics from Thu, 05 Jan 2023 08:00:00 GMT to Mon, 03 Feb 2025 18:05:00 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor 5