Despite few second-layer applications on NEAR Protocol, users are still using it, indicating a rising price.
Partnerships between Quant and the banking sector encourage more use of Overledger.
Salamanca hit a new high just days after launch and with more than $2.95M trading, crypto analysts point.
The changing nature of the crypto market this week is attracting interest from experienced players and new tokens. A range of cryptocurrencies, such as big platforms and meme coins, are ready to see strong growth. While funds keep flowing into Litecoin and Quant, NEAR Protocol and Salamanca ($DON) are taking actions that might take investors by surprise.
Litecoin (LTC) Hold Its Position Steadily
Source : CoinMarketcap
Many people compare Litecoin (LTC) to Bitcoin, seeing it as the silver to Bitcoin’s gold in the cryptocurrency area. Though other digital currencies fluctuate widely, the token has remained relatively stable in price. Because of this consistent behavior, the industry keeps drawing investors who plan to stay for many years. Litecoin network, making it a preferred choice for many. These values, Litecoin is seen as a steady asset for both standard users and institutional investors.
Stellar (XLM) Has New Potential to Facilitate International Allyship
Source : CoinMarketcap
Stellar (XLM) network has put a strong emphasis on helping people and businesses send money across borders. One of the network’s main strengths is supporting efficient and low-cost transfers from one area to another. As a result, it has formed ongoing relationships and caught the attention of financial service companies wanting to enhance their remittance and payment systems.
Stellar Development Foundation has added smart contract functionality to the network, hoping to attract more users and developers. The arrival of smart contracts is likely to raise activity levels in the Stellar community.
NEAR Protocol (NEAR): The possible growth user-wise promising
Source: CoinMarketcap
NEAR Protocol (NEAR) is receiving notice because it emphasizes both ease of use and fast operations in blockchain apps. Due to its sharded style, the system achieves high throughput and provides consistent performance for applications. Even with a rather small number of decentralized apps, the user base for the protocol has grown in recent months.
NEAR are mild now, suggesting there could be room for growth if more people use it. Making developer tools and the ecosystem more prominent could help more people use the protocol. With more dApps coming to NEAR, there may be increases in price pressure in the upcoming days.
Quant (QNT) Is Based on Building Applications for Enterprises
Source: CoinMarketcap
Quant (QNT) is showing its ability to link traditional financial platforms with the technology behind blockchain. With Over Ledger technology from Quant, different blockchains and enterprise systems can work together. The ability to mix two chains allows institutions to try blockchain without disrupting their existing processes. Quant are coming into greater prominence. With markets acting steadily and Quontic remaining active in regulatory areas, QNT may find its value increasing this week.
Salamanca ($DON) Is On Its Way To Follow When Other Meme Coins Surge
Source: CoinMarketcap
Salamanca ($DON) is getting noticed as a new cryptocurrency thanks to its use of themes and its active community. Thanks to Binance Smart Chain, the token is inspired by the Salamanca family from Breaking Bad and Better Call Saul. It uses both pop culture and decentralized finance methods to attract people within special parts of the crypto community.
The recent additions to MEXC and Gate.io have helped grow the number of users and the amount of liquidity. Today, Salamanca is valued at $0.001230, backed by a $1.26 million market cap and shows a daily gain of 6.24%. Within 24 hours, it had traded over $2.95 million. Trading data shows that the token reached its all-time high just after launch, thanks in part to solid activity on social media platforms.
