Advertisement
AD

Main navigation

Polkadot's Moonbeam Shares First Statistics: 3+ Million Transactions, 200K+ Wallets, What Else?

Advertisement
Sat, 12/03/2022 - 15:05
A
A
A
Polkadot's Moonbeam Shares First Statistics: 3+ Million Transactions, 200K+ Wallets, What Else?
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Advertisement

Moonbeam Network, the first-ever smart contracts platform for dApps on Polkadot's (DOT) cross-network ecosystem, is now two months old. Its engineers have shared a recap of the first milestones accomplished.

200K wallets, 3 million transactions, $225 million in GLMR staked: First 60 days of Moonbeam

Since its launch that made headlines on Jan. 11, 2022, Moonbeam Network smashed through a number of important milestones in terms of technical development and adoption of its solutions.

Moonbeam's team estimates that its instruments have processed over three million transactions authorized by 200,000 active accounts so far.

Advertisement

Moonbeam's enthusiasts locked 92 million GLMR tokens into its staking module. At current prices, this sum is equal to $225.4 million.

More than 30 projects have already been integrated with Moonbeam. New teams deploy their applications to Moonbeam continuously.

Related

As covered by U.Today previously, Moonbeam Network is designed to make Polkadot's parachain ecosystem suitable for dApps onboarding.

EIP-1559 is live on Moonbeam and Moonriver

It was launched in mainnet in early January 2022: its token, GLMR, immediately rocketed on exchanges to an ATH over $437 for one token.

The protocol secured seed funding from the VC arms of Binance and Coinbase heavyweight CEXes.

A killing feature of Moonbeam is its 360° compatibility with the largest smart contracts platform, Ethereum (ETH). To ensure seamless compatibility with Ethereum, Moonbeam engineers added support of the EIP-1559 mechanism and Scaffold-ETH toolkit for Solidity developers.

Related

Moonbeam's progress turns Polkadot into a one-stop platform for dApps: for instance, it fuels BeamSwap, a pioneering DeFi hub on Substrate.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD