Despite the recent volatility of the crypto market, here are a few altcoins worth watching:
Near Protocol (NEAR)
Near Protocol was launched in April 2020 following token sales from Andreessen Horowitz and Pantera Capital. It’s a platform that claims to provide high-speed solutions to decentralized applications (dApps), was last month integrated with decentralized payments network Terra. With this new partnership, Near Protocol claims to provide the fastest solution to decentralized applications.
Osmosis, a growing decentralized exchange (DEX) built on the Cosmos blockchain, was in green all day. This week, Osmosis reached $1 billion in total value, according to DeFi Llama. The Cosmos-related projects are increasingly active, which may be why this is happening. OSMO is up 6.5% today, hovering around $9.
Internet Computer (ICP)
Internet Computer launched last year, has quickly risen in price over the past few weeks. The technology allows smart contracts, computation, and data to scale at web speed. It recently activated a new mechanism that serves as a bridge between chains. Through bridges, blockchains can exchange data, tokens, and smart contract instructions with each other. In response, the governance token, ICP shot up, trading at $34.Up 20% from last week.