The top 10 fastest growing altcoins in the past month have been revealed – here’s the list worth checking out
New data shared by cryptocurrency analytics firm Santiment reveals the fastest growing altcoins in the market and their ecosystem over the past 30 days.
According to the data shared by the analyst, some altcoins have seen gains of up to 1,000% in the past 30 days.
Here is a list shared by Santiment showing network growth rates:
1. Polygon (POL) – 1.019%
2. Wrapped Ethereum (on the Polygon network) – 263%
3. LayerZero (on the Optimism network) – 254%
4. LayerZero (on the Arbitrum network) – 219%
5. USD Coin (on the Polygon network) – 171%
6. PancakeSwap – 150%
7. Frax (on the Polygon network) – 129%
8. USD Coin (on the Arbitrum network) – 125%
9. Tether (on the Arbitrum network) – 119%
10. USD Coin (BNB network) -102%
Santiment said the growth rate of cryptocurrency networks is a useful tool to track which projects have historically seen the most usage. Analysts say that as the use cases for cryptocurrency projects increase, the likelihood that these projects will achieve long-term market capitalization growth, as they have historically done, will also increase.
