The Gravity Alpha Mainnet, recently launched by Galxe, has seen a significant increase in its total value locked (TVL) in a short amount of time. According to data from L2beat, the TVL of this new Layer-1 Blockchain network has surged by almost 100% in the past week alone.
Contents hide
1 What is Driving the TVL Surge?
2 Why is Gravity Alpha Mainnet Unique?
3 Key Takeaways for Users
What is Driving the TVL Surge?
The Gravity Alpha Mainnet has quickly gained attention from the cryptocurrency community. The network’s TVL has risen by an impressive 97.12%, surpassing $159 million. This rapid growth reflects the growing interest from users and the network’s increasing popularity.
Why is Gravity Alpha Mainnet Unique?
Despite being operational for only two weeks, the Blockchain network has already processed 61 million on-chain transactions, ranking third in Blockchain activity. This high level of engagement showcases the ecosystem’s appeal and the community’s enthusiasm.
Gravity Alpha Mainnet stands out by offering unique features for cross-Blockchain experiences and full Blockchain abstraction, setting it apart from other Layer-1 networks.
Key Takeaways for Users
Users and investors can gather valuable insights from Gravity Alpha Mainnet’s recent performance:
- Substantial TVL growth indicates strong user adoption and network trust.
- High on-chain transaction volume shows active user participation.
- Unique cross-Blockchain features provide a competitive advantage.
- Partnerships with key industry players enhance network functionality.
Gravity Alpha Mainnet plays a crucial role in Galxe’s broader vision, as outlined in the ecosystem roadmap. The network has established partnerships with entities like Arbitrum, LayerZero, The Graph, Binance Web3 Wallet, onramp.money, DappRadar, DefiLama, Camelot, Particle, and Lifi, which are expected to further enhance Gravity’s capabilities and adoption.
Moreover, Gravity Alpha Mainnet will host the “Galaxy Operation” event at this year’s Token 2049 in collaboration with Movement. This event will showcase the expanding ecosystem and introduce new collaborative projects with entities such as Refraction, Arkham, EigenLayer, and Berachain.
