CoinDesk’s Q3 Overview — CoinDesk

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“DeFi summer time” trudged on as whole worth locked within the ecosystem grew, however NFTs did their greatest to steal the present. The large demand for NFTs led to very large spikes in fuel charges. The spikes gave gas to the “various layer 1″ narrative, which led to spectacular asset worth appreciation of potential substitutes, reminiscent of Solana, as customers seemed for cheaper sensible contract blockchains on which to experiment and construct.

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