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Top 3 Fast Growing Smart Contract Cryptocurrencies

 


Smart contract-enabled platforms have seen significant growth in recent years. For example, Ethereum is now valued at over $326 billion, making it one of the largest assets in the world. Here are some of the top smart contract cryptocurrencies that are seeing spectacular growth.


Cronos

Cronos is a smart contract platform previously known as the Crypto.org Chain. It is a project developed by Crypto.com, one of the most well-known companies in the sector. The platform's mainnet went live a few weeks ago and has attracted many developers.


According to DeFi Llama, there are now 46 DeFi apps on its platform with a total locked value (TVL) of over $2.46 billion, making it the ninth largest smart contract in the world. The largest app is VVS Finance with a TVL of over $1.3 billion.


As such, there's a likelihood that Cronos will continue to do well for years to come as more developers embrace the network.


Waves

Waves is a community-based decentralized platform that helps developers create scalable and user-friendly applications. Its token, $WAVES, has a market cap of over $1.9 billion, making it the 57th largest coin in the world.


Waves has seen a lot of demand over the past few weeks, which has helped push the price higher. It's up more than 100% in the past seven days. According to DeFi Llama, its TVL has climbed to around $1.7 billion, which is a remarkable number for a relatively new cryptocurrency.


Developers love it for its speed and lower cost. Average transaction costs are $0.019, which is significantly lower than Ethereum. Some of the top apps built with Waves are Neutrino, Vires Finance, Waves Ducks, and Exchange.


Near Protocol

Near Protocol is a smart contract project that has become popular. Its popularity can be traced back to November of last year when developers launched Nightshade sharding technology. Since then, NEAR price has outperformed Ethereum, increasing its total market cap to more than $6.5 billion.


Near has attracted a good number of developers building projects in DeFi and other industries. It has over 25 applications in its ecosystem totaling more than $700 million. It is the 16th DeFi platform in the world.


There is a likelihood that the network will continue to grow in the coming months as developers make upgrades.

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