Wednesday, September 28

ROSE Up 54% In One Week Thanks To Expansion Of Oasis Network Ecosystem By CoinTelegraph

© Reuters. ROSE rises 54% in a week thanks to the expansion of the Oasis Network ecosystem

The high transaction costs have been a thorn in the main blockchain protocols for years, as both () and (ETH) have seen the average cost of making token transfers skyrocket in times of network congestion and high demand.

A layer one protocol that has been gaining relevance in recent months and that seeks to offer a low-cost solution at high rates is Oasis Network (ROSE), a privacy-focused layer one blockchain built with the Cosmos SDK and designed for open finance and a responsible data economy.

Data from Cointelegraph Markets Pro and TradingView show that since hitting a low of $ 0.169 on October 28, ROSE price rose 176.5% to hit a new all-time high of $ 0.466 on November 21 and is back on the move after earn 70% from December 20.

Read the full article on Cointelegraph

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