{"id":536199,"date":"2024-06-14T16:40:11","date_gmt":"2024-06-14T16:40:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=536199"},"modified":"2024-06-14T16:40:11","modified_gmt":"2024-06-14T16:40:11","slug":"top-crypto-gainers-today-jun-14-ssv-network-raydium-origintrail-ultima","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-jun-14-ssv-network-raydium-origintrail-ultima","title":{"rendered":"Top Crypto Gainers Today Jun 14 – SSV Network, Raydium, OriginTrail, Ultima"},"content":{"rendered":"

Cryptocurrencies are poised for a resurgence as central banks in Europe, Canada, Switzerland, and Sweden cut interest rates. This shift could inject fresh liquidity into the market, creating a favorable environment for risk-on assets like crypto. <\/span>Historically, lower rates have boosted crypto<\/span><\/a>, evident in 2020 when Bitcoin soared from $7,000 to $69,000. As the U.S. Federal Reserve might follow suit, this could trigger a significant crypto boom. Now, let’s dive into our top gainers in the market today and see who’s leading the charge.<\/span><\/p>\n

Biggest Crypto Gainers Today – Top List<\/b><\/h2>\n

The global cryptocurrency market cap is $2.57 trillion today, showcasing a dynamic shift with a marginal -0.43% decline in the last 24 hours. This is juxtaposed against a significant 142.23% increase over the past year. Despite these statistics, the market sentiment remains cautiously Bearish, as indicated by a Crypto Fear & Greed Index reading of 74 (Greed). Furthermore, in the past 24 hours, 28% of cryptocurrencies have witnessed gains, setting the stage for a closer look at the <\/span>top gainers<\/span><\/a> driving this enthusiasm and market movement.<\/span><\/p>\n

1. <\/b>SSV Network (SSV)<\/b><\/h3>\n

SSV Network leverages a unique protocol called Secret Shared Validators (SSV) to enhance Ethereum staking. The protocol splits a validator key into four or more shares distributed among independent node operators. This design ensures no single node has control or can compromise the validator.<\/span><\/p>\n

Nodes can operate simultaneously and perform validator duties without risking slashing. SSV improves security by keeping only encrypted shared keys online, significantly reducing exposure to attacks. Additionally, this infrastructure allows stakers to customize and optimize their validator setups, enhancing flexibility and fault tolerance.<\/span><\/p>\n

\"SSV<\/p>\n

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The technology is an intermediary between the validator node and the beacon chain. The threshold signature scheme allows a validator to remain operational even if some nodes go offline. This setup ensures optimal fault tolerance and uptime. SSV Network is the first public implementation of this primitive, reshaping Ethereum staking.<\/span><\/p>\n

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Empowering builders & contributors is a key element of a thriving protocol and ecosystem.<\/p>\n

Meet the new SSV Ecosystem Grants Program: now more aligned, strategic and streamlined to support the next innovative, dedicated builders and protocols.https:\/\/t.co\/ToYtj0qG7J<\/a><\/p>\n

— SSV Network (@ssv_network) June 10, 2024<\/a><\/p><\/blockquote>\n