Crypto Gainers This Week Include Optimism and NEAR Protocol
The post Crypto Gainers This Week Include Optimism and NEAR Protocol appeared on BitcoinEthereumNews.com.
The cryptocurrency market recently witnessed a remarkable surge during the week. Optimism (OP), Injective (INJ), Stacks (STX), Sei (SEI), Solana (SOL), NEAR Protocol (NEAR) have emerged as the week’s top crypto gainers. This rally highlights the market’s dynamic nature and growth potential of the cryptocurrency market. Besides, it underscores the inherent volatility of the crypto space. Consequently, investors and enthusiasts are keenly observing these developments. Optimism (OP) Optimism, with a current price of $3.24, has seen a 26.35% rise. Operating as a layer-two blockchain on the Ethereum network, Optimism significantly taps into Ethereum’s security features while concurrently boosting scalability by implementing optimistic rollups. This dual advantage positions Optimism as a pivotal contributor within the Ethereum ecosystem. Moreover, the OP token has recorded a price increase of 48.12%. OP/USD 7-day price chart (Source: CoinMarketCap) Injective (INJ) Injective, with a price of $40.50, saw a 1.98% increase. This blockchain caters to finance, supporting various DeFi applications. Hence, its role in decentralized exchanges and lending protocols is crucial. In the past 7 days, the Injective has seen a price surge of 30.39%, indicating the pressure of bulls in the INJ market. INJ/USD 7-day price chart (source: CoinMarketCap) Stacks (STX) Stacks, another notable gainer, is currently at $1.41. It experienced a 6.02% increase in the last 24 hours and 36.05% over the past 7 days. Stacks introduces smart contracts to Bitcoin, bridging a crucial gap in the blockchain world. Moreover, it facilitates decentralized applications using Bitcoin. STX/USD 7-day price chart (Source: CoinMarketCap) Sei (SEI) SEI, the native token of Sei, has, over the last 7 days, gained 52.02% in its price. As Per CoinMarketCap, Sei’s price is $0.382990, marking a 4.53% increase in the past 24 hours. This Layer 1 blockchain offers exchanges a unique edge. Hence, it attracts significant attention in the trading…
Filed under: News - @ December 25, 2023 7:10 pm