October 4, 2022, 11:02AM EDT
• 5 min read

State of Scaling Issue 7: Reviewing Shard Chain Ecosystems

Quick Take

  • In this bi-weekly series, we look into some of the most interesting data and developments across the various sharded blockchains
  • Near and Aurora remains the largest shard chain by TVL, with a relatively robust ecosystem that is still active
  • Elrond appears to have fallen off in terms of TVL, but user metrics indicate that Elrond’s ecosystem is still growing at a steady pace
  • Harmony has lost a significant amount of TVL prior to the Horizon bridge hack, but the TVL has stayed low post-hack, indicating that liquidity is unlikely to return to the ecosystem
  • Zilliqa has made bold moves venturing into the metaverse and gaming space, though it remains to be seen if these are the right solutions to tackle Zilliqa’s lackluster adoption

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here