{"id":567879,"date":"2024-08-22T15:25:58","date_gmt":"2024-08-22T15:25:58","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=567879"},"modified":"2024-08-22T15:25:58","modified_gmt":"2024-08-22T15:25:58","slug":"top-crypto-gainers-today-aug-22-tectum-frax-share-astar-network-chainlink","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-aug-22-tectum-frax-share-astar-network-chainlink","title":{"rendered":"Top Crypto Gainers Today Aug 22 – Tectum, Frax Share, Astar Network, Chainlink"},"content":{"rendered":"

Among today’s <\/span>top crypto gainers<\/span><\/a>, Tectum reigns supreme with its astonishing 33.34% surge in just 24 hours, though it grapples with a 16% decline over the past year. Frax Share also makes waves with an 18.61% price spike, yet it struggles with a stark 59% annual drop and a significant gap below its 200-day SMA. <\/span><\/p>\n

Meanwhile, Astar Network shines with a 12.42% daily increase and a solid 17% yearly gain despite its moderate 22.75% drop below its 200-day SMA. Finally, Chainlink boosts its profile with a 9.54% recent uptick and a remarkable 84% year-long growth, though it’s still trading 23.06% below its 200-day SMA. With these standout features and challenges, read on to find out which token could be your next investment gem.<\/span> <\/b><\/p>\n

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

Before going into the top gainers of the day, let’s take a peek at the current market overview. The crypto market is thriving, with a total capitalization of $2.16 trillion and a trading volume of $494.10 billion in the past 24 hours. Bitcoin leads the charge, trading at $61,237, marking a notable 2.96% increase and maintaining a dominant 55.98% market share. Meanwhile, the market sentiment remains neutral, as reflected by the Fear & Greed Index, which sits at 39, signaling a cautious but stable mood. Interestingly, 90% of cryptocurrencies have shown gains recently, highlighting an overall positive trend.<\/span><\/p>\n

1. <\/b>Tectum (TET)<\/b><\/h3>\n

Tectum has taken center stage today, ranking first among the top gainers with a 33.34% price surge in the last 24 hours. This rapid rise has caught the attention of investors, but Tectum’s appeal goes far beyond its recent performance.<\/span><\/p>\n

Tectum is a third-generation Layer 1 blockchain that’s changing the game. It processes an astounding 3.5 million transactions per second. This speed isn’t just impressive; it solves the scalability issues that have long plagued Bitcoin payments. By doing so, Tectum has positioned itself as one of the fastest blockchains in the world. This makes it a key player in the future of digital payments.<\/span><\/p>\n

\"TET<\/p>\n

At the core of Tectum’s innovation is the SoftNote system. This transactionless payment platform allows instant payments with zero fees. By leveraging Tectum’s Bitcoin node and overlay network, SoftNote makes on-chain transfers both fast and cost-effective. It’s more than a payment system; it’s a revolutionary way to make Bitcoin scalable and accessible.<\/span><\/p>\n

Tectum also excels in data storage. Instead of storing data directly on the blockchain, it uses hashes to map back to the original data stored at a lower level. This method enhances security and reduces storage needs, making the blockchain more efficient.<\/span><\/p>\n

\n

How Tectum is Enabling People to Own and Spend Crypto<\/p>\n

Wouldn’t it be nice to be able to spend your crypto in ways that you want to?
With the Softnote you can!<\/p>\n

🔹Simplifying Transfers
🔹Cheapest Gas Fees
🔹Instant Transfers
🔹Unrestricted Global Payments
🔹Enabling the Use of… pic.twitter.com\/Qzecb3OF0B<\/a><\/p>\n

— Tectum (@tectumsocial) August 21, 2024<\/a><\/p><\/blockquote>\n