Layer-2 Innovations Attracting Big Money: Who Is Investing?

By April 28, 2024 No Comments

Recent developments in blockchain technology are drawing in hefty investments from leading industry players. As the market enters an upswing, investors are scouting for cutting-edge advancements offering faster and more efficient transaction solutions. Heavyweight backers are placing their bets, aiming to capitalize on this tech trend. This article delves into who is opening their wallets to support these innovative solutions, set to redefine transaction processing within the space.

BlastUP Presale Ends in Few Weeks, Last Chance to Buy Cheap

BlastUP presale has sparked avid interest among crypto enthusiasts, reaching $5 million in record low time. Over 12,000 savvy investors have already bought BlastUP tokens before their value skyrockets.

The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.

Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

Optimism Crypto: A Balanced Price Analysis

Optimism’s price has seen varied movement. In a week, the price rose by 7.73%. Over a month, it fell by 38.83%. In six months, it jumped by 74.71%. The coin is currently in the $2.14 to $2.64 range. It shows a mix of moves, with the current tendency not clearly towards a strong upward (impulsive) or downward (corrective) trend based on the indicators provided.

Looking ahead, Optimism’s price could go either way. There’s potential for growth that could push it towards the next resistance at $2.83, and possibly $3.32, if the crypto market does well. However, caution is advised as the price could drop to support levels at $1.85 or even $1.37, especially if the broader market faces challenges. The indicators like RSI and MACD show a neutral market momentum, suggesting the future price could swing in either direction.

Polygon Crypto Price Movement and Analysis

MATIC presents a mixed performance, with a current price range between $0.64 and $0.77. In the last week, MATIC’s value rose by 6.22%, showing a rebound, but the monthly view tells a different story with a sharp drop of 31.45%. The coin’s movement over the past 6 months paints a positive picture overall, showing a 15.65% gain. The latest trends suggest a more corrective move, with key indicators like the RSI close to 47.64, signaling neither overbought nor oversold conditions.

MATIC’s future price path could swing either way, with potential growth indicated by the recent weekly momentum versus the bearish sentiment shown by the monthly downturn. Breaking past $0.83 might open the door towards the second resistance level at $0.96, but falling below the support level of $0.56 could see it test $0.43. Blending cautious optimism with a realist’s view, MATIC investors should be prepared for both scenarios, knowing market dynamics could prompt significant shifts.

Mantle (MNT) Shows Resilient Market Movement

The Mantle coin has been drawing attention with its impressive market performance. In recent times, its price has been fluctuating within a tight band, showing the potential for growth with buyers and sellers actively engaged. Despite some declines, the optimism among investors seems to hold, as the coin maintains its ground with expectations for future gains. The coin is currently trading below its historical higher averages, yet it retains a favorable view from the investing community, indicating a belief that it might soon reach new heights.

For Mantle, the recent market behavior signals a strong investor interest. This interest is buoyed by a dedicated community and the promise of the project’s technology. Where the coin stands now, there’s a sense of steady momentum, with the potential to push past previous barriers. Should this upward trend continue, Mantle might become a significant player in the crypto space, winning over more proponents to its cause.


Investors are showing high interest in Layer 2 solutions, putting their money on technologies that promise faster and cheaper transactions. Among the major players, OP, MATIC, and MNT are seeing investment but might not offer high short-term gains. Meanwhile, BlastUP stands out with a strong concept and its integration with the broader Blast ecosystem. This project appears to have the most potential for growth, catching the attention of investors looking for promising opportunities in the current bull run.





Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.