⇑ SSV Coin surges amidst Ethereum Divergence and Major On-Chain Activity
SSV , an applications protocol is increasingly focusing on creating Ethereum infrastructure for 'based' apps. Alon Muroch , SSV's founder,...
SSV Labs proposes a decentralized staking module for Lido on Ethereum. At the same time, SSV DAO announces the development of the “SSV 2.0” Framework that will allow bApps to be built on the Ethereum blockchain. This shows that the project is looking to boost Ethereum's infrastructure and broaden its utility.
The founder of SSV, Alon Muroch, voiced concerns about the perspectives of Ethereum's development, noting a 'dangerous' divergence which could affect the value of its associated cryptocurrencies.
Meanwhile, more integrations continue to happen around SSV. ContributionDAO launched institutional-grade ETH staking powered by SSV, and Lido Finance teamed up with SSV to showcase DVT Power. These are strong indicators of SSV’s growing influence and relevance in the Ethereum ecosystem.
Popular crypto exchange Binance has included a new batch of tokens in its Proof-of-Reserves system, and it is unclear if the SSV Coin is among them. However, SSV coin has experienced an impressive surge as one of the top crypto gainers of the day. The SSV Network boosting Mainnet APR rewards could be contributing to this spike.
In other parts of the world, Switzerland issued a bicentennial gold shooting coin to celebrate the 200th anniversary of The Swiss Shooting Sports Federation which has no direct connection to the crypto world.
SSV Coin News Analytics from Fri, 26 Aug 2022 07:00:00 GMT to Mon, 28 Jul 2025 18:30:30 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 3