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Cryptocurrency experts name a little-known digital asset with a 300% increase in transaction volume

11:42 am, June 14, 2024

Note: not investment advice!

IntoTheBlock analysts have noted a significant increase in activity on the ONDO network, which refers to the volume of transactions. According to the data, this indicator has increased by more than 300% since May 2024, which indicates a high level of engagement and interest in the cryptocurrency asset.

The researchers compared transaction volumes for several cryptocurrencies, including MKR, PAXG, MPL, GFI, STBT, DAKS, USDM, TNGBI, LNDX, and XAUR. Of all the assets presented, ONDO stands out with a sharp jump in transaction volumes.

According to experts, the increase in performance can be attributed to several factors: an increase in the number of users, infrastructure development, and improved functionality of the ONDO network. Experts believe that this may lead to a further increase in indicators, including the value and stability of the asset.

ONDO is a cryptocurrency project that specializes in providing financial services such as staking and liquid pools. The project is actively developing and attracting more and more attention from the crypto community due to its innovative platform and high levels of security.

The ONDO cryptocurrency has recorded significantly higher transaction volumes compared to other similar assets, which emphasizes the potential for further strengthening its position in the decentralized finance (DeFi) industry. According to analysts, the growth of indicators indicates the trust of users in this platform.

According to the analytical tracker CoinMarketCap, at the time of writing, the crypto asset is trading at $ 1.32, with a daily gain of 2.18%. The total number of coins circulating on the market has reached $ 1.8 billion. Traders made daily trading deals worth $ 403.9 million.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

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