Chain Abstraction Explodes in Popularity, Dwarfing BRC-20 and Even AI

Quick Summary:

According to Kaiko AI Research, Chain Abstraction soared 673% between January and August 2024.

This remarkable growth makes it the highest-ranked token standard by growth rate among the top four cryptocurrency narratives.

In contrast, BRC20, the blockchain standard of the Bitcoin network, plummeted by over 72% during the same period.

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: India

Topics: Market News DeFi News BRC20 Market News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 09:35:00 (3 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 135 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22705318

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 5 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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