Tezos (XTZ), Stellar (XLM), and Binance Coin (BNB) Among the Five Best Performing Digital Assets for the Week

In an era of high volatility in the crypto market, only a few digital assets can boost of enjoying a consistent bull run. While the market has had a few digital currencies that have performed impressively per daily price movement, there are a few other altcoins that stand ahead of the rest. These ones have had an exceptional week overall. We have highlighted the top five performing digital assets for the last seven days.

  1. BitTorrent Gained 60.40%

The price of BitTorrent Token has seen weekly gains that amount to over 60%. This increase has brought the price of BitTorrent to $0.001. Founder Justin Sun recently initiated the launch of a new offering called BitTorrent Speed. Per BitTorrent Speed’s website, the new solution rewards BitTorrent users  BTT for bandwidth and seeding. This, in turn, will enable faster downloads on the network. Sun has also promised that this new offering is the first step in a list of fresh “epic plans” that he and his team have in store for the BTT protocol.

  1. Verge Gained 52.41%

The price of Verge reportedly gained 52.41% in the last 7 days. It has become a big earner this week thanks to the release of its latest update. This is the last major announcement that the team behind Verge made. It is the release of Verge’s long-awaited Lumos 5.0 update. The announcement was given on May 16 and it has been the likely factor that has impacted the price of Verge. The team launched version 5.1.1 20 May. As of press time according to CoinMarketCap, the price of Verge was trading at $0.010.

  1. Tezos Gained 48.65%

The price of Tezos has benefited from its biggest announcement for the project first round on chain upgrade, called Athens. This pushed the price of Tezos to attain a 48.65% increase in the last 7 days. There are two Athens proposals which will result in incremental changes to Tezos’ Blockchain without a hard-fork. For the first proposal, an increase in gas limit and reduction of roll size to about 8,000 XTZ for the PoS consensus will be attained. The second proposal would see Tezos’ gas limit increase, to let double the computation steps per block, making it more straightforward to deploy smart contracts.

  1. Stellar Gained 42.33%

The price of Stellar saw 42.33% gains in the last 7 days. Stellar has gradually become one of the biggest projects in the space. Most recently, one UK-based fintech firm, Paysend Group announced that it will be launching its own “global stablecoin” backed by the Stellar network. Additionally, Stellar has also launched the version 11.1.0 for the Stellar-core. Finally, StellarX, a decentralized crypto platform under the Stellar Development Foundation has announced support for Android and iOS wallets will be coming to the network in the near future.

  1. Binance Coin Gained 39.49%

The price of Binance Coin has made headlines throughout the last 7 days. Changpeng Zhao, Binance CEO recently dropped a major hint about the upcoming inclusion of margin trading on Binance exchange. The news pushed the price of Binance Coin to record a 39.49% gain for the week. In fact, the price of Binance Coin has had arguably one of the best runs this year. BNB has recorded 400% in gains since 2019 started.

 

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