Cryptocurrency News

Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement

04/28/2022

Less than a minute

2022.04.28 00:26

Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement

Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks.

One project that has benefitted from the growth of the L2 scaling solutions is Synthetix (SNX), a decentralized finance (DeFi) protocol that enables the creation of synthetic assets and offers exposure to derivatives and futures trading on the blockchain.

04/28/2022

Less than a minute

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