Crypto Blog
Cosmos-based Stride has been on a roll lately. According to a recent Nansen report, the protocol currently commands more than 80% of the market share within the Cosmos ecosystem.
Its analysis suggested that STRD may be undervalued considering its real yield revenues towards STRD stakers, its new value capture mechanisms through transaction fees, and MEV, in addition to other near-term catalysts that increase the addressable market of Stride to billions of untapped markets. Meanwhile, the total value locked in Stride has also experienced significant growth this year, having only accelerated since the launch of the liquid staking module on the Cosmos Hub, according to the blockchain analytics platform.from DeFiLama shows that Stride presently boasts a TVL of $36.94 million, with staked ATOM accounting for nearly 80% of these tokens.
The exec further added that some tokens that have outperformed Ether include CANTO: 50.86%, ASTRO: 19.3%, SOMM: 17.5%, DYDX: -5.7%, and INJ: -6%.The Future of EOS: The World’s Largest ICO With ENF CEO Yves La Rose
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