According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s.

Bitcoin is stable when writing, falling below $60,000 after the encouraging expansion in the second half of last week.

Justin Sun, the co-founder of Tron, a smart contracts platform and one of many blockchains competing with Ethereum, has an issue with the recently

Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400.

Decentralized Finance (DeFi) activity might be falling as of early September.

Cardano, a smart contracts platform and one of the many alternatives to Ethereum, continues to make strides.

Ethereum remains under pressure at press time, looking at the formation in the daily chart.

While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam.

Bitcoin is in red, struggling against the deluge of selling pressure.

Bitcoin remains below $60,000 and is falling.