Most Trending Cryptocurrencies on Ethereum Chain – Cosmic Network, StratoVM, Efinity Token

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What happens if the next big thing in cryptocurrency isn’t just another token but a whole new wave of innovation that changes how we use digital assets? Cosmic Network, StratoVM, and Efinity Token are at the forefront of this movement, each resolving important blockchain-related issues. These projects are redefining smart contracts and NFTs, improving scalability, and raising the bar for what is feasible.

Most Trending Cryptocurrencies on Ethereum Chain

Cosmic Network is at the forefront of decentralized cloud computing, providing a quicker and more secure alternative to centralized providers for running applications. By integrating smart contract functionality into the most secure blockchain globally, StratoVM is transforming Bitcoin. In the meantime, Efinity Token is constructing the NFTs of the future by making them more inexpensive, interoperable, and accessible for general use. These are currently the most trending cryptocurrencies on the Ethereum Chain that are pushing the envelope and drawing interest from developers, investors, and blockchain enthusiasts.

1. Cosmic Network (COSMIC)

Cosmic Network stands out as a ray of hope in the current digital environment, when censorship, cybercrime, and government spying pose a growing danger to online privacy. With its native currency, COSMIC, at its heart, this Web3 startup offers a decentralized privacy ecosystem in response to these urgent issues.

Using a worldwide network of nodes, COSMIC’s decentralized VPN (dVPN) runs on a Decentralised Physical Infrastructure Network (DePIN). This architecture offers previously unheard-of privacy and security by preventing one party from monitoring, limiting, or intercepting user traffic. Designed for professional and enterprise users, the Custom Cosmic Routers support advanced functionalities, including AI rendering capabilities, Large Language Model processing, GPU node functionality, and ETH validator node operations.

COSMIC Price Chart

On May 17, 2024, COSMIC hit its highest point ever, $0.4247; on July 29, 2024, it fell to its lowest point, $0.007494. These numbers demonstrate the token’s notable volatility, with a 95.1% decline from its peak and a 176.4% climb from its lowest point. COSMIC is traded on several platforms, such as Bilaxy, Uniswap V3 (Ethereum), and MEXC. COSMIC/USDT is the most active trading pair on MEXC, with a trading volume of $17,802.11 during the past day.

Over 236 nodes were sold in just three weeks, bringing in approximately $380,000. The market’s readiness for decentralized privacy solutions is demonstrated by its quick uptake. Dione and COSMIC collaborated in October 2024 to combine Dione’s Orion remote validator with COSMIC’s dVPN. This partnership demonstrates Cosmic’s dedication to creative and sustainable solutions while enhancing privacy and utilizing renewable energy.

2. StratoVM (SVM)

While Bitcoin is renowned for its security and decentralization, it lacks native support for smart contracts and DeFi applications. This restriction prevents consumers and developers from exploiting Bitcoin’s strong network for decentralized applications (dApps) and more intricate financial products.

Beyond facilitating transactions, SVM’s ability to provide smart contract capabilities enables developers to create dApps directly on the Bitcoin network. Through SVM, users combine the security of Bitcoin with the flexibility of DeFi to access DeFi services like lending, borrowing, and yield farming using Bitcoin. Thanks to the platform’s support for meme currencies, users can create and exchange new tokens within the Bitcoin ecosystem.

SVM Price Chart

SVM is trading at $0.2040, a phenomenal 114.4% rise over the previous day. With a 24-hour trading volume of $38,419.17, this spike is accompanied by increased market activity. SVM’s 2,241.1% gain over the last week reflects a notable spike in investor interest and market activity. The recent spike in SVM’s price and trading volume shows that its Layer-2 solutions for the Bitcoin network are becoming increasingly popular.

A significant turning point in StratoVM’s roadmap is approaching as it moves from development to operational status in preparation for the mainnet debut. With the support of more than 50 strategic partners, the platform has a strong ecosystem that expands its capabilities and reach in the market as one of the most trending cryptocurrencies on Ethereum Chain .

3. Efinity Token (EFI)

In the quickly changing digital landscape, Efinity Token stands out as a crucial remedy for the inefficiencies of the non-fungible token (NFT) ecosystem. Specifically created to improve NFTs’ development, transfer, and integration across several platforms, Efinity is a next-generation blockchain built on Polkadot and developed by Enjin.

EFI can handle 700–1,000 transactions per second (TPS), which is a huge improvement over Ethereum’s roughly 15 TPS. Since each transaction is verified in roughly six seconds, NFT processes are quick and economical. EFI’s infrastructure makes the smooth movement of NFTs between different blockchains possible, allowing for greater accessibility and platform interaction. This cross-chain capability increases the usefulness of NFTs by making it easier to transfer them to other blockchains.

EFI Price Chart

On August 4, 2021, EFI hit a record high of $3.15, marking a significant drop of about 99.1% from its peak. On October 3, 2024, the token hit an all-time low of $0.01428, indicating a 92.6% recovery to its present value. The cryptocurrency that has experienced the most volatility and difficulty sustaining trade activity is reflected in EFI’s current market indicators.

EFI was developed on Polkadot in collaboration with Parity Technologies and the Web3 Foundation to make NFTs as widespread and user-friendly as smartphones are today. Bugis on Matrixchain for EFI and Enjin Coin is scheduled to launch soon, offering improved performance and new features that could boost acceptance and usage.

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