$ONE 💡 Old trees bloom again? Let’s talk about the logic behind ONE’s explosive surge.
As a long-established L1 chain that once focused on cross-chain and sharding, this burst from ONE is absolutely not a coincidence. Against the backdrop of the Cancun upgrade and the modular narrative, capital has started looking for assets that are severely undervalued earlier on yet have some technical foundation. ONE’s ecosystem activity has recently rebounded, and with the funding-rate tug-of-war in the derivatives market, this has created a squeeze-driven run-up of nearly 90%.
Follow the trend, but respect the market. If there’s no real, tangible positive development in the ecosystem, the celebration is often followed by a mess. What do you think about this rotation among public chains? Share your thoughts in the comments👇
#ONE #Web3 #Cryptocurrency #DYOR
As a long-established L1 chain that once focused on cross-chain and sharding, this burst from ONE is absolutely not a coincidence. Against the backdrop of the Cancun upgrade and the modular narrative, capital has started looking for assets that are severely undervalued earlier on yet have some technical foundation. ONE’s ecosystem activity has recently rebounded, and with the funding-rate tug-of-war in the derivatives market, this has created a squeeze-driven run-up of nearly 90%.
Follow the trend, but respect the market. If there’s no real, tangible positive development in the ecosystem, the celebration is often followed by a mess. What do you think about this rotation among public chains? Share your thoughts in the comments👇
#ONE #Web3 #Cryptocurrency #DYOR