The cryptocurrency that grew by 115% in just a week is named

Cryptocurrency analysts have identified the digital asset that managed to grow the most over the week. According to CoinGecko, Radix (XRD) cryptocurrency quotes have increased by 115% in just 7 days.

The rapid growth of the token followed an announcement by Radix developers. The team announced an update of the public Radix network from Olympia to Babylon. The update is scheduled to be rolled out on July 31. The developers hope that Babylon will have a positive impact on the further adoption of the Radix network by programmers and the development of the entire ecosystem.

At the time of writing, the XRD token is trading at $ 0.114, up 4% overnight, 152% over the past 24 hours, and 155% over 30 days. Due to the increase in value, Radix is now ranked 47th in the ranking of the best cryptocurrencies by market capitalization.

As for the flagship cryptocurrency, BTC $60,856.92 Bitcoin -2.74% Market capitalization $1.2 trillion VOL. 24 hours $1.35 billion quotes fell by 2.3% over the past day and by 3.5% over the week. CryptoQuant analysts explained that the reason for this drop was the «overheating» of the market. Over the past 24 hours, the value of ETH $3,350.64 Ethereum -2.51% Market capitalization $402.73 billion VOL. 24 hours $0.6 billion has also decreased, dropping by 5.8%.