The year 2021 was a very prosperous one for cryptocurrencies. Multiple networks took noteworthy steps towards mass adoption. Many coins witnessed new all-time highs. This post is all about the top 5 cryptocurrencies that performed excellently in the last seven days. At the time of writing this, the Bitcoin price is sitting at $49,946.97. Let’s take a look at it in more detail.
5.Top 5 Cryptocurrencies: The Sandbox (SAND) +31.7%
The Ethereum-based Sandbox is a blockchain dependant virtual planet, where users can purchase, trade, or even build their private digital assets. It produces the ideal background, containing online venture, decentralization, and gaming. It strives to deliver blockchain technology to the people by luring gamers and developers alike, connecting play-to-earn and NFT based economizing. The utility token is named SAND. It is utilized for transactions on the platform and handling decentralized management. In the last 7 days, the SAND price has increased by almost +31.7%, just enough for a spot on our top cryptocurrencies list.
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4.Top 5 Cryptocurrencies: Aave (AAVE) +32%
Aave is a decentralized lending platform based on Ethereum. The project has witnessed remarkable growth since the introduction of lending pools. Anyone can utilize Aave to lend out or borrow Ether and ERC-20 tokens. Aave is seen as an innovative project. In the last 7 days, the AAVE price has increased by almost +32%, just enough for a spot on our top cryptocurrencies list.
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3.Top 5 Cryptocurrencies: Osmosis (OSMO) +35.9%
According to its website, Osmosis is a customizable automated market maker for interchain assets. It permits the design and administration of a non-custodial interchain token index just like Balancer. In the last 7 days, the OSMO price has increased by almost +35.9%, just enough for a spot on our top cryptocurrencies list.
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2.Top 5 Cryptocurrencies: Fantom (FTM) +53.5%
Fantom is a scalable smart contract platform. According to its website, Fantom was designed to question several limitations that have earlier reduced the performance of blockchain platforms. Fantom professes to answer a Blockchain Trilemma, which is the capacity to adjust decentralization, agility, and security in the Defi sector. In the last 7 days, the FTM price has increased by almost +53.5%, just enough for a spot on our top cryptocurrencies list.
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1.Top 5 Cryptocurrencies: Near (NEAR) +74.5%
According to its whitepaper, NEAR is a decentralized application platform. It is a platform that wants to transform how to create systems, develop applications, and how the web itself operates. It is an open-source smart contract platform. The intent is to host decentralized applications (dApps). In fact, the whitepaper further describes that the protocol utilizes an innovative method called sharding. This sharding method authorizes the scaling of the network and enriches the general user experience. In the last 7 days, the NEAR price has increased by almost +74.5%, just enough for a spot on our top cryptocurrencies list.
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Top 5 Cryptocurrencies of the Week -(Week 52)