Layer-1 Hybrid Blockchain Token Rallies 10% In A Week, Leaving Bitcoin, Ethereum, Dogecoin In The Dust

XDC Network XDC/USD has rallied over 10% in the past seven days, trading at $0.027, recorded on Monday at 12 a.m. EST.

What Happened: Apex cryptocurrency Bitcoin BTC/USD gained 0.88% over the past seven days, struggling to hold the $17,000-mark, while Ethereum ETH/USD was up over 3.10% and Dogecoin DOGE/USD declined by 2.17% during this period. 

Cryptocurrency Weekly Performance Price (Monday, 12.00 am EST)
XDC Network +10% $0.027
Litecoin +9.64% $68.95
Helium +8.48% $1.90
OKB +5.96% $23.04
Cronos +5.80% $0.059

 

See More: Best Crypto Day Trading Strategies

XDC Network is consistently outperforming the market in terms of its underlying development activity. According to data from Santiment, a crypto analytical platform, XDC's Development Activity is at one of the highest points of the year, and if the current trend continues, it could potentially reach a new all-time-high before the end of 2022.

The second on the list is Litecoin Network LTC/USD, which is up 9.64% in the past seven days. Litecoin is rapidly gaining traction in North America, the EMEA region, Asia-Pacific and Latin America.

Monthly Litecoin payments have increased by an impressive 109% in just one year, ranking second as the leading payment choice worldwide, according to a blog post by BitPay. 

The third on the list is Helium HNT/USD which recorded an 8.48% spike. OKB OKB/USD was fourth on the list, gaining 5.96% and Cronos CRO/USD was last, up 5.80%, in the past seven days.
Read Next: Bitcoin, Ethereum Muted, Dogecoin Spikes: No Signs Of 'Santa Claus' Rally As Analyst Says Tech Rout Behind Risk-Off Mood

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsMarketsLitecoin PaymentsOKBXDC Network
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!