1. NEAR Protocol (NEAR )
The NEAR protocol ($NEAR ) is making waves as a decentralized cloud computing solution. It effectively solves common blockchain challenges such as slow transactions, limited scalability, and poor interoperability. NEAR is listed as the 19th cryptocurrency on CoinMarketCap, boasting a market capitalization of $5 million.
NEAR's price has increased 5% in the last 24 hours and more than 3% in the last three days. This trend highlights a significant year-over-year increase of 256%, positioning NEAR as a potential AI-based cryptocurrency market leader this summer.
2. Polygon (MATIC )
Polygon ($MATIC ) has been instrumental in enhancing the performance and reach of Ethereum, adding to scalability and interoperability without altering its original framework. By implementing a sidechain, Polygon enhances Ethereum's processing capabilities and cuts costs per transaction, benefiting its vast user base.
MATIC's recent performance has been remarkable, skyrocketing 10,079% since its inception. Currently, Polygon's price is at $0.4924, reflecting a 1.26% increase over the past day. With a market capitalization of $4.87 billion, it holds the 20th position on CoinMarketCap, suggesting it could be an important asset to watch this summer as the market shows signs of recovery.
3. TRON (TRX )
TRON ($TRX) has emerged as a prominent player in the decentralized digital entertainment sector. Over the past year, the platform has increased in value by a significant 67%, attracting significant attention and engagement from investors. Total value locked (TVL) on TRON has also expanded, demonstrating its growing role in the decentralized finance (DeFi) ecosystem.
TRX trades at $0.13 with a market cap of $11 billion, positioning it as the 11th largest cryptocurrency on CoinMarketCap. This puts it above other notable cryptocurrencies such as SHIB, with a market capitalization of 11 USD.31 billion, reflecting strong investor confidence.
