$RVN price increase – The reasons behind and the opportunity to earn high interest

Recently, #Ravencoin (RVN) recorded significant growth in both price and trading volume. Part of the reason comes from many miners switching to RVN after #Ethereum transitioned to the #Pos mechanism, as RVN still uses the #POW mechanism (Proof of Work), allowing mining with #GPU .

In addition, Ravencoin focuses on issuing decentralized digital assets, attracting a community of developers and users who want to create tokens easily without the complex smart contracts like Ethereum.

In terms of earn (earning interest), the high interest rate of RVN is due to:

RVN is held by fewer long-term holders, so platforms need to offer high interest rates to attract RVN deposits.

Lower liquidity compared to BTC, ETH, prompting exchanges to encourage users to hold longer.

The demand to borrow RVN for trading or mining also drives the interest rates up.

While attractive, investors need to consider the risks of price volatility and the stability of the platform before participating in earning RVN.