Messari Releases Q2 Project Reports for Multiple Projects Within a Week, Including WAX, EOS, Livepeer, Synthetix, XRP, and 1inch.
Messari released Q2 project reports for multiple projects within a week, including WAX, EOS, Livepeer, Synthetix, XRP, and 1inch. The token prices of WAX, EOS, and XRP have experienced a decline of over 10% compared to the previous quarter. Additionally, when comparing on-chain data such as active addresses, the performance of WAX, EOS, and XRP as L1 public chains was relatively poorer.
In comparison, Synthetix has shown impressive data with a significant increase in trading volume in Q2 compared to Q1.
However, Synthetix has not experienced significant growth in protocol revenue, mainly due to the reduction in fees for market makers and takers.