In the meantime, investors and traders can enjoy gains despite the market’s underperformance. Protocol Growth Drives Starknet Investor Confidence Several protocols on top of Starknet reached new heights despite the market’s bearishness.zkLend, Starknet’s money-market protocol, has partnered with Chainlink, a decentralized oracle service, to provide the platform with accurate and tamper-proof market data. ⚡️️We’re proud to announce that @zkLend has fully integrated price feeds powered by @Chainlink.🔗 Chainlink provides industry-leading oracle services to cover prices of USDC, USDT, BTC, ETH, wstETH, STRK and DAI on zkLend, further enhancing the protocol’s security and… pic.twitter.com/oM6F9iLxj4 — zkLend (@zkLend) September 6, 2024 Chainlink will cover a handful of assets on-chain such as USDC, USDT, BTC, ETH, and many more.
According to DeFiLlama, the protocol is now ranked fifth since the start of the month after it rose from $7 million to nearly $10 million in a week, representing a 23% growth.1/ 🎉 $10M TVL unlocked! 🎉 Thanks to our amazing community and builders for making this possible.🤝 pic.twitter.com/DNIRGB2eDz — Vesu (@vesuxyz) September 6, 2024 NFTs on-chain are also seeing some interest as Realms was released as a part of Starknet’s blockchain gaming scene.
According to Dune’s statistics, the weekly transaction count grew by nearly 19% with active addresses within the same timeframe expanding by almost a percent. Related Reading: Cardano Bull Sees ADA Jumping 1,000% In An Insane’ Rally $0.447 Rejects Upward Trajectory, Halting Medium-Term Growth As of writing, STRK’s position remains favorable despite the crucial $0.447 resistance rejecting short to medium-term movement.
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