LSK (Lisk) has risen 16.07% in the last 24 hours.

Gate News Bot news, on November 14, according to CoinMarketCap data, LSK (Lisk) is currently priced at 0.30 USD, having risen 16.07% in the last 24 hours, reaching a high of 0.42 USD and a low of 0.20 USD. The current market capitalization is approximately 63 million USD, an increase of 8.73 million USD compared to yesterday.

Important news about LSK recently:

1️⃣ Launch Ethereum Layer 2 solution Lisk officially announced the launch of its Ethereum Layer 2 solution based on Optimism, significantly enhancing its cross-chain interoperability. This move is expected to attract more developers and users into the Lisk ecosystem, while greatly increasing transaction speeds and reducing costs, bringing greater competitiveness to Lisk.

2️⃣ Establishing a Strategic Partnership with Gelato Network Lisk has established a strategic partnership with the automated smart contract execution platform Gelato Network. This collaboration will introduce advanced automation features to the Lisk ecosystem, enhancing the flexibility and efficiency of its smart contracts. The addition of Gelato is expected to drive the expansion of Lisk's application scenarios in areas such as DeFi and NFTs.

3️⃣ Complete important technical upgrades The Lisk team has recently completed a series of important technical upgrades, including improvements to the consensus mechanism and optimization of the network architecture. These upgrades have significantly increased the throughput and security of the Lisk network, laying a solid foundation for future large-scale application deployment.

From a technical perspective, LSK has broken through a recent important resistance level and may continue to maintain its upward momentum in the short term. However, considering the high volatility of the cryptocurrency market, investors still need to carefully assess the risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.