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The ongoing competition among top-performing L1 blockchains sees TON recording significant gains through blockchain-based games, while Cardano shows promise with its Hydra scalability solution. Meanwhile, the new Lunex Network is making waves with robust features, strong revenue, and a significant token value increase, positioning it as a potential contender.
A rebound in stocks was driven by significant gains in technology giants Tesla and Nvidia, helping the 'Magnificent Seven' megacaps rise over 1%. Despite a weak US consumer confidence report causing a brief dip, experts forecast a likely Santa Claus rally this year. Thin trading marked the holiday-shortened week's start, with volumes down by around 20%.
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