CandleFocus Web3 Tokens See Strong Weekly Trading Volume with $LINK, $DOT, and $ENS in Lead
2024-09-30
Author: Content Editor
Prominent crypto analytics firm Phoenix has released a list of the top Web3 tokens with substantial weekly trading volumes. Chainlink ($LINK), Polkadot ($DOT), and Ethereum Name Service ($ENS) lead the list. The surge in interest in blockchain interoperability, Web3 applications, and decentralized technologies has contributed to this uptick. Chainlink ranks first with a weekly trading volume of $1.39 billion and a market capitalization of $7.9 billion. Polkadot follows with a trading volume of $838 million and a market capitalization of $7.1 billion. Ethereum Name Service secures the third spot with a trading volume of $802 million and a market capitalization of $649.8 million. Other tokens on the list include $AR, $SAGA, $FIL, $MNT, $APE, $LPT, and $GRT.
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