The cryptocurrency market is on the rise with new altcoin projects. Feature SXP and these 9 coins are set to higher levels with the social media boom! The list shared by social analysis platform LunarCrush also includes popular altcoins such as Cardano (ADA), Aptos (APT), Monero (XMR), Stacks (STX)! Here are the details…
ADA, SXP and these crypto money projects come to the fore with the explosion in social media!
LunarCrush, the leading social media analytics platform in the cryptocurrency market, shared the top 10 coins by social dominance. The altcoins transferred in the tweet shared by the platform are as follows; Cardano (ADA), Solar (SXP), Aptos (APT), Monero (XMR), Stacks (STX), Alchemy Pay (ACH), Neblio (NEBL), Polkastarter (POLS), Synthetix Network (SNX), and Chaine Finance ( CHNG).
The popular altcoin project Cardano (ADA), which is closely followed by the cryptocurrency market, ranks first in the social media analysis shared by LunarCrush. The altcoin project ADA, which attracted attention with the huge explosion in the level of social activity, also saw increases in its price. Instantly, Cardano is trading at $0.396546. However, data from social media activity shows discussions about Twitter feed navigation, innovations, staking, and ADA Price.
On the other hand, the latest data shared by layer-2 game engine Paima Studios on Twitter suggests that Cardano will no longer be just the best EVM chain project, but also one of the best game chains. On the other hand, Milkomeda’s co-founder Sebastion Guillemot also praised the innovation by retweeting Paima’s tweet to convey that he thinks the same way as Paima.
On the other hand, Paima announced that it will also support players to distribute their applications to the Cardano ecosystem. As previously reported, Cardano users will soon be able to access Ethereum Virtual Machine smart contracts with any Cardano (ADA) wallet, which could increase the utility and signal a massive increase in prices.
While growing the Cardano ecosystem, it is taking firm steps towards becoming the best project!
Cardano (ADA) continues its work on the ecosystem. Working on interoperability, the cryptocurrency project shared critical details of its collaboration with IOG and MLabs last July. cryptocoin.com After the last update, WanChain announced in a recent report that it has fully developed the Haskell smart contracts needed to support cross-chain transactions. Alongside this, Wanchain’s bridge nodes have also been updated and can now perform UTXO transactions for invoking Cardano smart contracts.
However, in an exciting announcement, Cardano’s crosschain bridges are now in pre-production and fully functional. Pre-Production is Cardano’s most mature late-stage testnet after “Devnet” and “Preview” and is designed to closely resemble the Cardano mainnet as it serves as the last step before deploying applications to the Cardano mainnet. Users can now move and redeem ADA and Cardano native tokens to any EVM compatible chain.
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