Sui: The native cryptocurrency of the SUI Layer-1 blockchain, Sui has captured the attention of investors with its significant price surge of over 120% in the past week. This increase follows Grayscale's announcement of a new SUI fund, underscoring a strong vote of confidence in Sui's future. The Sui blockchain is known for its high transaction speed and efficient deployment of smart contracts—tools that automate, verify, or enforce the negotiation or performance of a contract digitally. Currently, Sui is trading at $1.05.
Toncoin (TON): With a remarkable 30% rally in just a week, Toncoin has been buoyed by Russia's recent legalization of crypto mining—a decision deemed historic. Given its origins with Telegram, a platform created by Russian-born Durov brothers, Toncoin is strategically positioned within Russia's tech ecosystem. The new legal framework is expected to enhance its appeal to Russian investors. Currently, Toncoin is trading at $6.56.
Aptos: The crypto market is keenly watching Aptos as it prepares to release 11.31 million APT tokens. Such a release can often lead to price fluctuations due to the increased supply. This could present buying opportunities for those looking to enter the market at potentially lower prices if demand doesn’t match the supply. Aptos has already seen a 45% gain this past week and is trading at $6.6.
Helium (HNT): Known for its decentralized blockchain network aimed at Internet of Things (IoT) devices, Helium is making strides with its wireless network. Helium's decentralized approach allows for communication across a global network of nodes, which has recently attracted two major US carriers to test routing traffic through its mobile network. This development echoes a growing trend towards decentralized networks in the telecom industry. Helium saw a 75% price gain in the past week and is trading at $6.6.
Aave: As a decentralized platform for lending and borrowing digital assets, Aave has shown resilience amid market volatility. This resilience is possibly due to high leverage and increasing open interest—factors that indicate strong investor engagement. Aave currently trades at $96, marking a gain of over 20% in the last week.
