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Cryptocurrency News Articles
Bitcoin SV (BSV) Gains Strong Traction, Outperforming Helium and Akash Network
Apr 25, 2025 at 11:02 pm
MultiversX (EGLD) is gaining strong traction, with recent price action reflecting growing interest. Currently priced at $18.03, EGLD has climbed
Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential might take work, as most funds are attracted to pumping assets.
Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.
Next Cryptocurrency To Explode
It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet’s $BEST Token. Users can stake their BEST tokens and earn a massive 352% annual return, a standout feature in crypto. Updates on the project and its prospects are shared below.
1. MultiversX (EGLD)
MultiversX (EGLD) is gaining strong traction, with recent price action reflecting growing interest.
Currently priced at $18.16, EGLD has climbed 19.02% in the past 24 hours and 27.13% over the past week. Technical indicators show a steady uptrend, with the price moving within an ascending pitchfork. Moreover, the MACD shows bullish momentum, as the MACD line has crossed above the signal line.
Social and market activity around MultiversX is also on the rise. According to LunarCrush, EGLD outperformed rivals like Helium and Akash Network in social engagement as of July last year. The project’s recent updates further emphasize its drive for innovation.
Last month, Binance temporarily suspended transactions on the MultiversX network in preparation for a major network upgrade on March 25, 2025. Starting at 6:30 PM TR time, EGLD deposits and withdrawals were paused, resuming only after the upgrade was completed and the network stabilized.
Despite this short-term halt, EGLD’s daily trading volume surged by nearly 700%. Over the past 24 hours alone, volume jumped by 631.94%, reaching $159.16 million.
Some standards POINT to ownership.Others ARE ownership.
For real estate on-chain, that difference is everything. https://t.co/2dZphLziMA
— Multiversᕽ (@MultiversX) April 25, 2025
In December, the MultiversX Foundation launched “Growth Games,” a $1.5 million annual grant program to fund developers, startups, and builders working on blockchain, AI, and education solutions. The program is designed to expand the ecosystem and attract fresh talent focused on solving key infrastructure challenges.
Moreover, Animoca Brands has joined the network as a validator and active contributor. This partnership combines MultiversX’s Sovereign Chains development tools with Animoca’s ecosystem of over 540 portfolio companies, opening new doors for collaborative innovation.
2. XYO Network (XYO)
About ten days ago, XYO announced the public beta launch of its own Layer 1 blockchain, marking a major step away from the Ethereum Layer 2 model it previously relied on. This shift brings a purpose-built Layer 1 focused on high throughput, low latency, and better real-time data handling.
This new blockchain introduces a consensus mechanism called Proof of Perfect. This system ranks chain tips based on “perfectness”—a mix of validity, recency, and protocol alignment. It allows nodes to identify the correct chain path without scanning the entire chain history, boosting speed and efficiency without the energy demands of traditional models.
XYO surged nearly 90% today ahead of its listing on South Korea’s Bithumb exchange. The token hit an intraday high of $0.015 by 04:12 GMT, more than doubling from its monthly low and pushing its market cap past $207 million.
The rally was sparked by Bithumb’s announcement of a new KRW trading pair for XYO. Set at 15.30 KRW (about $0.0107), trading goes live at 5:00 PM KST, with deposits and withdrawals opening two hours later. It is available on the Ethereum network only.
Meanwhile, the XYO team is building further. The launch of XYO Layer One also introduces a new utility token called XL1. This token will power gas, transaction fees, and smart contract execution. In contrast, the original XYO token will shift toward governance and staking roles.
3. Best Wallet Token (BEST)
Best Wallet
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Financial Experts Are Trashing U.S. President Trump's Tariff Policy, While Some Analysts Emphasize Bitcoin Is Showing Its Unique Economic Properties in a Time of Global Uncertainty.
- Apr 26, 2025 at 04:05 am
- Financial experts are trashing U.S. President Trump's tariff policy, while some analysts emphasize that Bitcoin is showing its unique economic properties in a time of global uncertainty.
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- Bitcoin (BTC) price jumps 28% from its monthly low, setting up for its best weekly close since January
- Apr 26, 2025 at 03:55 am
- Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin (BTC) price has jumped for three consecutive weeks and is now 28% above its lowest level this month.
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