In this coin post, we examine the top 5 cryptocurrencies that performed well during the previous week.
5. By utilizing blockchain technology to give safe and open access to AI algorithms, it enables developers to create, distribute, and commercialize AI models decentralizedly. Through a decentralized network, SingularityNET aims to create an open market for AI services where developers can sell their AI models and customers may access them. With a price rise of +25.83% over the past week, the AGIX token has lately experienced remarkable growth, ranking among the top-performing cryptocurrencies.
4. Mina is a layer-1 blockchain that uses TypeScript-based zero knowledge smart contracts, or “zkApps,” and has a 22KB blockchain size. The Mina Protocol uses zero-knowledge proofs to produce a blockchain architecture that is more ideal.
By employing a more effective data format, Mina seeks to address this problem in contrast to early blockchains like Bitcoin and Ethereum, which have amassed a lot of data and currently have blockchains that are hundreds of gigabytes in size. Mina uses zero-knowledge proofs to decrease the amount of data needed for verification, unlike conventional blockchains that need the full chain history to confirm the present consensus state. With a price rise of +29.38% over the past week, the MINA token has lately experienced remarkable growth, ranking among the top-performing cryptocurrencies.
3. To provide a safe and scalable infrastructure for decentralized apps and services, Oasis Network, a decentralized platform, employs blockchain technology (dApps). The platform’s objective is to offer developers a privacy-focused blockchain infrastructure so they can build and implement dApps and services that safeguard user data and privacy.
The Oasis Network enables safe and private data processing and storage on the blockchain by utilizing a variety of privacy-preserving technologies, including homomorphic encryption and zero-knowledge proofs. The Oasis Network currency (ROSE), which is utilized as the platform’s medium of exchange, is intended to encourage network users to donate computer power to the system. With a price rise of +31.30% over the previous 7 days, the ROSE coin has lately experienced substantial growth, ranking among the top-performing cryptocurrencies.
2. It enables anybody to design and publish open APIs, known as subgraphs, that can be queried using GraphQL to access blockchain data. It drives several apps in both the DeFi and larger Web3 worlds.
With the advent of a decentralized network later in the year, The Graph provides developers with a hosted solution to get them up and running on the platform right away. The Graph now supports data indexing from Ethereum, IPFS, and POA, with support for other networks coming shortly. With a price rise of +47.05% in the previous 7 days, the GRT token has lately experienced substantial growth, ranking among the top-performing cryptocurrencies.