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MONAD Testnet | The Next Super High-Performance, 100% EVM-Compatible L1 Blockchain is in the works!

The Daily Leo #656

idiosyncratic and Akin

Mar 21

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Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO

Another Leg Up For VeChain

From this post, VeChain's blockchain activity is surging, with daily transaction clauses now averaging 500K-600K and occasional spikes over 1 million. This growth increases VTHO token burns, expected to hit 1 million daily soon.

Unlike before, VeChain's activity is now driven by multiple applications, making it more sustainable. Upcoming CBAM regulations in 2026 could further boost adoption. Additionally, from July, only staked VET will generate VTHO, reducing supply and potentially driving up prices, reinforcing VeChain's strong use case.

Layer 2 blockchains are band-aids to deep wounds and not effective decentralized solutions

From this post, Layer 2 blockchains are centralized off-chain solutions that divert liquidity rather than truly scaling Layer 1 networks. While they offer lower fees, they rely on bridge accounts, making them vulnerable to exploits. If an L2 became decentralized, it would function as an independent chain. Unlike cloud computing, which scales AI without diverting users, L2s require bridging and adaptation, weakening the adoption and revenue of the L1s they aim to support.

MONAD Testnet | The Next Super High-Performance, 100% EVM-Compatible L1 Blockchain is in the works! [EN/ES]

Monad is a high-performance, EVM-compatible Layer 1 blockchain designed to address scalability and transaction bottlenecks. It has attracted significant funding from investors, leading to expectations of potential airdrops for early adopters. The Monad testnet has seen significant activity, with millions of participants conducting transactions, indicating strong community engagement and interest in the platform's capabilities.

My Day Two In Survival Mode

The author struggles in Splinterlands' Survival mode, losing key cards and realizing competitive play isn’t profitable. They shift focus to renting cards for DEC income, leveraging season-long rentals for better returns. With rising rental demand and increasing card prices, they aim to accumulate Chaos set cards while managing DEC liquidity. However, DEC’s rising value and scarcity, driven by Land 1.75 and the Conclave set, make this a challenge. Despite hurdles, they remain focused on growing their collection and staying competitive.

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

A guest post by

Akin

I write about the future of financial technology

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