As the digital asset landscape continues to grow, more people become interested in interacting with crypto tokens. Today, the LunarCrush Galaxy Score listed the top 10 crypto coins that stood out over the past week because of robust performance, user sentiment, and community interaction.
Top 10 Major Coins
Swarm (BZZ)
Swarm (BZZ) emerged as the best performer according to the LunarCrush Score. Swarm, a decentralized storage platform built on top of the Ethereum blockchain, is designed for secure and scalable data storage and retrieval. Based on the Galaxy score, Swarm has established itself as a prominent asset among crypto users and developers. This is evident by its increased popularity among users. As the demand for DApps and services surges, the need for decentralized storage platforms like Swarm continues to rise.
BNB
Next is BNB (Binance Coin), which stood out as one of the top-performing crypto assets over the past seven days, according to the LunarCrush Score. BNB’s strong market performance signals renewed interest in the coin. The asset has defied the influence of the ongoing market correction. Over the past week, it outperformed major tokens like BTC and ETH. It saw an 11.7% price increase over the past seven days and its market cap rose by 22% placing it as the fifth latest digital asset.
Ethereum (ETH)
Ethereum secured the third position. Despite, ETH’s price trading below the critical $3,000 mark for more than one week now, its market performance remains robust, according to the Galaxy score. Institutional investors continue embracing the asset into their portfolios due to the growth potential associated with DeFi and NFTs. This strong market performance indicates increased user enthusiasm for ETH due to its connection with Web3 developments and DeFi.
Solana (SOL)
Solana settled on position four after recording significant gains in key performance metrics over the past week. The LunarCrush Score highlighted increased user enthusiasm for the token. The rise in interest signifies expanded investor interaction and optimism in SOL’s market’s potential.
Litecoin
Moving down is Litecoin, which scooped the fifth position on the Galaxy score. The asset experienced increased popularity due to its ability to handle multiple transactions rapidly and at a low cost. This makes it a good investment alternative for many users. The token has become a major competitor in the crypto market due to its strong and committed community of supporters.
Others
Other coins that made it to the LunarCrush Score this week include Bitcoin, Meter Governance, Yearn Finance, Bittensor, and ARK.
Bitcoin (BTC) clinched position six in the Galaxy score. This shows that the asset has maintained its popularity among institutions and retail investors. This score pointed out BTC’s stable market and increased user interest.
Meter Governance (MTRG), the most rapid and decentralized Ethereum sidechain network, continues attracting investor interest with its innovative DeFi infrastructure, as per the Galaxy score. Meanwhile, the data showed that Yearn Finance (YFI), a yield farming platform, has been gaining popularity with its DeFi investment opportunities.
Lastly, Bittensor (TAO) and ARK (ARK) concluded this week’s top 10 list, with both assets benefiting from expanded interest in their respective platforms. Bittensor keeps attracting attention with its blockchain technology and decentralized AI. ARK also displays indicators of broadening market activity, likely driven by evolving utility.
