Ranked as the 43rd largest cryptocurrency on coinmarketcap, Lisk (LSK) has a market capitalization of USD 145 million. LSK is currently trading at USD 1.22, a 97% fall from its all-time high.
LSK Key Developments:
1) Lisk Teams Up with Messari.io (Link)
Lisk will be joining a growing list of cryptocurrencies on Messari.io, an open-source data library aiming to bring transparency to the blockchain industry by providing information on project backgrounds and key metrics. While this announcement is far from a game-changer, the Messari partnership should nonetheless help raise awareness of the Lisk project.
2) Lisk Releases the Alpha Version of its Software Development Kit (SDK) (Link)
3) CoinEx lists Lisk (LSK) with LSK/BTC, LSK, BCH pairings (Link)
CoinEx, a cryptocurrency exchange based in Hong Kong, has recently announced the listing of Lisk via the LSK/BTC and LSK/BCH pairs. The CoinEx addition should boost liquidity in LSK - according to coinmarketcap, trading volumes from CoinEx constituted almost 7% of overall volume.
a) Daily adjusted USD transaction value
According to coinmetrics.io, the daily adjusted USD transaction value for LSK stands at USD 482k, which represents a 13.8% decrease from USD 559k last week. The transaction count moved in line with the transaction value trend but fell at a slower rate - down 1.7% to 1.78k from 1.81k last week.
Note: 1) Line chart represents the adjusted USD transaction value (LHS); 2) Area chart represents transaction count (RHS)
b) Active Addresses
According to coinmetrics.io, the active addresses count for LSK stands at 1.31k, which represents a 3.0% decline from 1.35k last week. Block size fell 0.2% from 5.89MB to 5.88MB over the week, closely tracking the trend in active addresses.
Note: 1) Line chart represents active address count (LHS); 2) Area chart represents block size in bytes (RHS)
c) NVT Ratio
According to coinmetrics.io, the adjusted NVT ratio for LSK stands at 393x, up from 203x last month. The NVT expansion has occurred despite a decline in daily adjusted USD transaction value over the same period.
Note: 1) Line chart represents the NVT ratio (LHS); 2) Area chart represents adjusted USD transaction value (RHS)