Ripple, Ethereum & Cryptos – American Wrap 1 February

Ripple (XRP) price is broadly bearish on lower time frames, but the higher ones show the bulls still have a chance to recover. Specifically, a triangle governs the monthly time frame and could define the next directional bias as it fills out soon.
Ethereum (ETH) recorded a monthly transaction count of 36.02 million, marking its highest in 20 months. 
Ethereum monthly transaction count 

Layer Zero, an interoperability protocol that connects over 50 blockchains and helps build cross-chain applications, is powering a naming protocol Clusters, in collaboration with Delegate. This is similar to the Ethereum Name Service (ENS) and addresses users’ challenge of maintaining separate identities across multiple chains in a native manner. 

Clusters will help users maintain a unified identity while interacting with dApps and services in the Web3 ecosystem. 

 

 


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