Sunday, June 4, 2023
No Result
View All Result
Crypeto News
Smarter_way_USA
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
Crypeto News
No Result
View All Result

In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge – Altcoins Bitcoin News

by crypetonews
September 11, 2022
in DeFi
Reading Time: 5 mins read
0 0
A A
0
Home DeFi
Share on FacebookShare on Twitter


With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.35% against the U.S. dollar since the end of June.

Top Smart Contracts Tokens by Market Capitalization Gain More Than 44% in 80 Days

The top smart contract tokens by market capitalization have increased a great deal during the last two months ahead of Ethereum’s highly anticipated Merge. When The Merge takes place, the second largest crypto asset by market capitalization, and the largest smart contract token by valuation, Ethereum (ETH), will transition from proof-of-work (PoW) to proof-of-stake (PoS).

Ethereum has gained a decent amount of value leading up to The Merge which is scheduled to happen in just over two days or around September 14, 2022. In addition to The Merge, the Cardano blockchain network is expected to upgrade on September 22. At the time of writing on September 11, 2022, the aggregate USD value of the top smart contract tokens by valuation is up 1.19% today.

In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum's Merge
The top five smart contract tokens by market cap on September 11, 2022.

There’s $316 billion in collective value among the top smart contract crypto assets according to coinmarketcap.com data. The top five smart contract tokens in terms of valuation include ethereum (ETH), bnb (BNB), cardano (ADA), avalanche (AVAX), and ethereum classic (ETC) respectively.

During the last week ETH increased by ​​12.52%, BNB jumped by 6.05%, ADA swelled by 2.67%, AVAX gained 8.15%, and ETC increased by 19.34%. Smart contract token prices are a lot higher than they were 80 days ago when the aggregate total value of all of them was $218.9 billion on June 23, 2022.

In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum's Merge
The top five smart contract tokens by market cap on June 23, 2022, according to archive.org data.

On that day, ETH was exchanging hands for $1,132 per unit after it tapped a low of 877 per ether on June 17. BNB was trading for $228 on June 23 and ADA was $0.47 per unit. 80 days ago, AVAX was trading for $17.92 and chainlink (LINK) was $6.97. LINK was ahead of ETC on that day but chainlink is now below ethereum classic since ETC’s recent rise.

The total value locked in decentralized finance (defi) protocols jumped as well since June 23 as the TVL was around $55.29 billion. Today, defillama.com stats show the TVL is around $60.26 billion or an increase of around 8.98% since then.

The biggest smart contract token gainers this week include liquidapps (DAPP), up 124.05%, aergo (AERGO), up 118.57%, and enecuum (ENQ), which gained 112.86%. The week’s biggest losers in terms of smart contract coin losses during the past week include salt (SALT), down 35.82%, edgeware (EDG), down 13.28%, and aurora (AOA), down 10% this week.

Tags in this story

$316 billion, ada, aggregate total value, alt coins, Avalanche, AVAX, bnb, Cardano, cardano (ADA), Chainlink, Cryptocurrencies, decentralized finance, DeFi, ETC, ETH, Ethereum (ETH), Ethereum Classic, LiNK, smart contract coins, Smart Contract Token Value, Smart Contract Tokens, The Merge, total value locked, TVL, Upgrades, Vasil hard fork

What do you think about the gains smart contract tokens have seen leading up to The Merge and Cardano’s Vasil hard fork? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It



Source link

Tags: AheadAltcoinsBitcoinContractEthereumsGainedGreenbackMergeMonthsNewsSmartTokensTop
Previous Post

The Greatest Trick That Bitcoin Shatters – Bitcoin Magazine

Next Post

SEC sets up an Office of Crypto Assets

Related Posts

Finovate Global Estonia: Talking Conversation Intelligence and Automation with Ender Turing
DeFi

Finovate Global Estonia: Talking Conversation Intelligence and Automation with Ender Turing

June 2, 2023
Greatest Hits and Favorite Moments from FinovateSpring 2023
DeFi

Greatest Hits and Favorite Moments from FinovateSpring 2023

June 1, 2023
Mphasis Forges Strategic Partnership with Conversational AI Platform Kore.ai
DeFi

Mphasis Forges Strategic Partnership with Conversational AI Platform Kore.ai

June 1, 2023
Bankers Helping Bankers Fund Invests in Digital Customer Engagement Specialist Agent IQ
DeFi

Bankers Helping Bankers Fund Invests in Digital Customer Engagement Specialist Agent IQ

May 31, 2023
Banking Technology Innovator NYMBUS Raises $70 Million in Series D Funding
DeFi

Banking Technology Innovator NYMBUS Raises $70 Million in Series D Funding

May 30, 2023
Digital ID Verification Firm OCR Labs Embraces Diversity, Innovation in IDVerse Rebrand
DeFi

Digital ID Verification Firm OCR Labs Embraces Diversity, Innovation in IDVerse Rebrand

May 30, 2023
Next Post
SEC sets up an Office of Crypto Assets

SEC sets up an Office of Crypto Assets

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says 'Vast Majority Are Securities' – Regulation Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Top 5 FinTech Books You Must Read
Blockchain

Top 5 FinTech Books You Must Read

by crypetonews
June 2, 2023
0

Fintech or financial technology spurred a massive change in the conventional perspectives on financial services. As of 2022, the global...

Gemini and Genesis File Motion to Dismiss Earn Offering

Gemini and Genesis File Motion to Dismiss Earn Offering

May 28, 2023
FTX Investment Failure Triggers Pay Cuts For Singapore State Fund

FTX Investment Failure Triggers Pay Cuts For Singapore State Fund

May 29, 2023
Coinbase stock has upside to $70, analyst says

Coinbase stock has upside to $70, analyst says

May 30, 2023
Under-the-Radar Ethereum (ETH) Competitor Pumps by 50% This Week Amid New AI Partnership

Under-the-Radar Ethereum (ETH) Competitor Pumps by 50% This Week Amid New AI Partnership

June 3, 2023
Bitcoin BTC Price Edges Below $28K as Investors Eye US Debt Ceiling Progress

Bitcoin BTC Price Edges Below $28K as Investors Eye US Debt Ceiling Progress

May 30, 2023
  • Trending
  • Comments
  • Latest
What is the Erigon Node Consensus Layer?

What is the Erigon Node Consensus Layer?

February 15, 2023
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

May 17, 2023
Secured #5: Public Vulnerability Disclosures Update

Secured #5: Public Vulnerability Disclosures Update

May 3, 2023
Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

October 27, 2022
3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial – CoinDesk : ethereum

3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial – CoinDesk : ethereum

November 23, 2022
Crypto Whales Spend Millions Buying the Dip on PEPE As Prices Drop: On-Chain Data

Crypto Whales Spend Millions Buying the Dip on PEPE As Prices Drop: On-Chain Data

May 12, 2023
PEPE Crypto Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction!

PEPE Crypto Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction!

24
BITCOIN: CRASH TO $24,000 GUARANTEED!?!?!?!? 3 HUGE REASONS!! BTC + Crypto Price Prediction Analysis

BITCOIN: CRASH TO $24,000 GUARANTEED!?!?!?!? 3 HUGE REASONS!! BTC + Crypto Price Prediction Analysis

20
Ending Logan Paul's Biggest Scam

Ending Logan Paul's Biggest Scam

40
⚠️*HUGEEE*⚠️ IT'S MAKE OR BREAK FOR BITCOIN !⚠️Crypto BTC Price Prediction/Cryptocurrency News Today

⚠️*HUGEEE*⚠️ IT'S MAKE OR BREAK FOR BITCOIN !⚠️Crypto BTC Price Prediction/Cryptocurrency News Today

24
I ATTENDED A 3 HR 'CRYPTO SCAM' WEBINAR | WFABB iGenius

I ATTENDED A 3 HR 'CRYPTO SCAM' WEBINAR | WFABB iGenius

38
ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

34
TRX/USD Spikes to Touch $0.085 Level

TRX/USD Spikes to Touch $0.085 Level

June 3, 2023
Gaming-Focused Layer-2 Crypto Project Surges by Over 90% After Announcement of New $80,000,000 Ecosystem Fund

Gaming-Focused Layer-2 Crypto Project Surges by Over 90% After Announcement of New $80,000,000 Ecosystem Fund

June 3, 2023
As DigiToads is On Track to Raise $5 Million in Presale, Aave and Polkadot Struggle for New Investors

As DigiToads is On Track to Raise $5 Million in Presale, Aave and Polkadot Struggle for New Investors

June 3, 2023
With Major Memecoins Crashing, Wall Street Memes Could Provide a Better Option

With Major Memecoins Crashing, Wall Street Memes Could Provide a Better Option

June 3, 2023
Trump’s Persistent Election Result Denials Demonstrate The Need For Bitcoin-Verified Truth

Trump’s Persistent Election Result Denials Demonstrate The Need For Bitcoin-Verified Truth

June 3, 2023
Popular Crypto Analyst Bullish on One Ethereum-Based Altcoin, Says It’s Showing ‘Solid Strength’

Popular Crypto Analyst Bullish on One Ethereum-Based Altcoin, Says It’s Showing ‘Solid Strength’

June 3, 2023
Crypeto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Crypeto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

LATEST UPDATES

  • TRX/USD Spikes to Touch $0.085 Level
  • Gaming-Focused Layer-2 Crypto Project Surges by Over 90% After Announcement of New $80,000,000 Ecosystem Fund
  • As DigiToads is On Track to Raise $5 Million in Presale, Aave and Polkadot Struggle for New Investors
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In