BAL, the native cryptocurrency of Balancer, the popular automated market maker (AMM) utilized by many DeFi users to trade cryptocurrencies, has surged to new record highs above $70 on April 15. BAL/USDT 1-day price chart (Binance). Source: TradingView.comThere are two key reasons behind the uptrend of BAL, namely the buzz around the Coinbase public listing and the resurgence of … [Read more...] about Balancer (BAL) price soars to new all-time high: What’s driving the rally?
Balancer
Balancer (BAL) hits an all-time high as DeFi projects trial new solutions
Decentralized finance (DeFi) was the driving force behind the growth in the cryptocurrency market in early 2021 but lately, the sector has taken a back seat to nonfungible tokens as famous artists and legacy auction houses have been jumping into the NFT ring. A break from the spotlight has allowed some of the more popular DeFi projects like Balancer (BAL) to regroup and plan … [Read more...] about Balancer (BAL) hits an all-time high as DeFi projects trial new solutions