The market continues to go through a harsh bear run that has resulted in a significant loss of value. However, development work continues to go on and the following week’s projects are set to benefit from a number of developments and launches that should result in an increased amount of attention, and strengthen their position during the current downturn.

Ark (ARK)

Ark is a blockchain technology based upon the concept that chains can be linked; enabling anyone to create their own blockchain whilst benefiting from the security and scalability of the Ark main chain it’s connected to. SmartBridge technology is central to the project while the Ark coin uses delegated proof of stake coupled with Practical Byzantine Fault Tolerance to keep the network secure.

Why Ark?

Ark is one of the older interoperability projects currently in operation and the team are set to launch their new mainnet release on November 28. The team have announced via a blog post that ARK Core v2 is now ready for launch, and will bring a number of upgrades including dynamic fees, customizable modules and plug-ins, and increased Transactions per Second (tps). Transactions that can be included in a single block are increased from 50 to 150, and the total increase in TPS moves from 6.25 to 18.75.

WePower (WPR)

WePower is a blockchain-based green energy-trading platform that enables its users to interact and trade renewable energy for the platform’s native token WPR. Renewable energy producers are also able to raise capital by issuing their own energy tokens, which represent energy that they have committed to produce and deliver to anyone purchasing their tokens. WePower facilitates the direct trading of renewable energy between a network of producers, investors and consumers via energy auctions and a wholesale marketplace.

Why WePower?

WePower is a project with a wide reaching scope and the first public auction held on the platform was scheduled to take place in November. As the month comes to an end the WePower team look set to soon announce the launch of public auctions as their renewable energy network and marketplace continues to develop and gain greater adoption.

PChain (PAI)

PCHAIN Network is a new infrastructure chain system for multi-chain application and EVM, and provides an open, scalable platform for third-party developers and makes it possible for large-scale enterprise applications based on smart contracts to operate efficiently.

Why PChain?

The team have announced that their Testnet 2.0 is ready to launch with the official date of November 30 being given. The new version will include upgrades such as the PDBFT consensus mechanism, a new system architecture which docks with EVM, and a Block Box automation test framework that automatically tests the network.

How Did Last Week's Coins Perform?

The last week proved to be extremely difficult to navigate as approximately 37% of value was lost, and WTC fell by 47% and is currently trading at around $1.10. SRN fell by around 50% despite the upcoming launch of the FINNEY smartphone, and is currently trading at $0.06. DGX fared much better and was able to easily outperform the market due to being pegged to the price of gold. DGX grew by 7.5% and is currently trading at $44.95. The entire market plummeted over the week, and fell from $185B on Monday to just $118B on Sunday.