Tezos performing better than popular coins over the last week

It looks like investors are starting to take notice of Tezos, possibly due to two high profile crypto leaders praising Tezos (Charles Hoskinson of Cardano & Andre Cronje of Fantom network).

There's also a Tezos Etherlink hackathon that started yesterday (run by Encode Club a community of 500,000 talented professionals worldwide).

Etherlink is an EVM-compatible Layer-2 blockchain built on Tezos.

Etherlink’s mission emphasises decentralisation and efficiency. With its state-of-the-art decentralised sequencer Etherlink ensures a fair and secure environment for end-users. Minimal fees (around $0.01) make Etherlink attractive in the Layer 2 landscape.

Etherlink has integrated RedStone Oracles, which opens the door to new possibilities in financial applications, from lending and borrowing platforms to complex financial derivatives.

RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks.

RedStone raised almost $8M from Lemniscap, Blockchain Capital, Maven11, Coinbase Ventures, Stani Kulechov, Sandeep Nailwal, Alex Gluchovski, Emin Gun Sirer, and other top VCs & Angels.


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