Tag Archives: KSM

Development activity on Cardano rallies in the last month, placing the Layer 1 network ahead of Polkadot and Kusama.

Polkadot and Kusama staking will no longer be available for deposits on Lido. LDO bounced back, but the rally might be short-lived. Crypto holders supporting the Polkadot [DOT] and Kusama [KSM] networks might be in for a rude shock following Lido Finance’s [LDO] latest announcement. On 29 March, the liquid staking platform revealed that itContinue reading “Lido [LDO] shuns staking for DOT and KSM, all you need to know”

Lido finance records a decline in TVL and APR in the last week. LDO’s value continues to fall following FTX’s collapse. Leading Ethereum [ETH] staking platform Lido Finance [LDO] suffered a decline in its total value locked (TVL) in the last week due to a decline in the value of native tokens, including Polygon’s MATIC,Continue reading “Lido’s TVL falters, thanks to the decline in the price of these ruling altcoins”

Polkadot has been on the up this week on the back of the crypto-market’s changing bullish tides. In fact, the same was underlined by the double-digit gains recorded by DOT. Many considered this market sentiment a result of “biting the Merge news,” but Polkadot has its own reasons. Developments in the ecosystem seem to haveContinue reading “The real reasons behind Polkadot’s [DOT] 11% week are…”

Kusama’s native cryptocurrency KSM has finally managed to reclaim its May levels after its June crash. This is after delivering a healthy bullish performance. But, surprisingly, the previous support is now yielding resistance. Not even para chain auctions could protect KSM from the downside it has experienced so far this year. But then again, theContinue reading “Kusama traders can apply change in polarity principle at this level”

The Kusama network’s native cryptocurrency, KSM has been trading within a falling wedge pattern since the second half of 2021. However, it pushed out of that pattern at the end of last week, but the results have been underwhelming. KSM has been on an overall bearish trajectory since November 2021. It bounced off its descendingContinue reading “Kusama: Factors why KSM is struggling to find ample trading volume”

Kusama’s native cryptocurrency KSM is among the digital currencies that got a massive slap down during the latest bear market. It looks like the bulls are making a comeback but can KSM promise a recovery as fast as it delivered a fall? KSM has already experienced some upside which manifested as a 19% rally sinceContinue reading “Deciphering if Kusama’s [KSM] latest bull run is here for the long haul”

KSM has suffered heavy downside in the last few months, especially this year as markets crashed. However, it might be due for a major price change considering its price action for the last few months. The Kusama blockchain has been growing at a healthy pace, although that growth does not reflect in KSM’s price action.Continue reading “Analyzing Kusama’s [KSM] potential breakout in the near future”

Kusama’s native cryptocurrency KSM is one of the many casualties of the latest bear market. It has so far plunged by roughly 50% since the start of May and the heavy discount has sent it crashing to January 2021 levels. KSM enjoyed a healthy bullish recovery in March, seemingly ending its long bear run whichContinue reading “Will Kusama [KSM] defy further selloff amid crypto market contagion”

With Bitcoin hovering above its 4-hour 20/50/200 EMA, ROSE displayed a bullish edge on its technicals. But it also witnessed a bearish divergence that may lead to a near-term slowdown in its bullish rally. On the flip side, Zilliqa and Kusama depicted a slight bearish edge on their near-term technicals. Whereas Loopring was still onContinue reading “Zilliqa, Kusama, Loopring, ROSE Price Analysis: 05 April”

With the global crypto-market cap down by over 0.64%, Wednesday started off as a gloomy day for most large-cap coins. Nonetheless, like always, there were a couple of exceptions and Polkadot was one of them. The 8th-ranked alt by market capitalization managed to appreciate by more than 15% in a 24-hour window. In fact, itContinue reading “Polkadot: Is the parachain auction hype REALLY worth it”

Altcoins, to a certain extent, have been following Bitcoin’s footsteps of late. Their charts these days are typically characterized by dwindling market caps and plummeting prices. Polkadot’s tale seemed to be no different at the time of writing. Out of the top ten cryptos in the market, DOT shed the highest value (10.07%) over the pastContinue reading “These Polkadot, Kusama on-chain metrics are falling but…”