Top 3 smart contract tokens that have outperformed Ethereum in the past 12 months

While Bitcoin has experienced some volatility over the past seven days, some smart contract platforms have done much better.

Of the current $ 271 billion in Total Value (TVL) on DeFi, Ethereum accounts for $ 181 billion (49.16%). In terms of trading volume, ETH has $ 15.5 billion in global swaps, much more than its competitors. It has also seen massive growth of 914% over the past 12 months, while Bitcoin has only hit 299 percent.

As the largest smart contract platform, Ethereum (ETH) has a market value of around $ 553 billion and accounts for 18.7% of the net worth of the entire crypto economy, but several competitors have appreciated significantly in value over the past 12 months.

3 of the top 4 smart contract tokens have seen better growth than Ethereum over the past 12 months

Top 5 smart contract platforms in terms of market capitalization

For example Solana. While it ranks fifth in terms of market cap, it is the second largest chain in terms of smart contracts with an overall valuation of $ 71.2 billion. ETH’s 12 month gain of 914% is decent, but much less than SOL’s gain of 12,337%. Solana’s market capitalization is currently 2.39%. TVL, held in DeFi on the Solana network, is valued at $ 14.22 billion and ranks third on the Binance Smart Chain (BSC).

Cardano (ADA) is the third largest smart contract platform with a market capitalization of around $ 66.5 billion, which is roughly 2.23% of the total crypto economy. It also saw a 1.881% growth over the past 12 months. Regarding TVL in DeFi, Defillama.com’s numbers don’t include statistics for the Cardano blockchain.

The fourth largest smart contract platform is Avalanche (AVAX), which has a market capitalization of around $ 20 billion and $ 625 million in swaps over the past 24 hours. Avalanche is the fifth largest DeFi chain with 10.11 billion TVL. The metrics of the past 12 months show that AVAX has also outpaced Ethereum’s growth with an increase of 2,598 percent to date.

3 of the top 4 smart contract tokens have seen better growth than Ethereum over the past 12 months

Top 10 DeFi protocols over TVL

Chainlink (LINK) is the fifth largest smart contract platform with a total valuation of $ 15.9 billion. Unfortunately for ‘LINK Marines’, Chainlink has not kept up with Ethereum in terms of profitability. To date, LINK has risen 175% in value after hitting an all-time high (ATH) on May 10, 2021. .

Other top performing smart contract platform tokens are Terra (LUNA) with an increase of 15.925% YTD, Polygon (MATIC) with an increase of 10.859% in the last 12 months and Fantom (FTM) with an increase of 14.924% in the last Year.

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Top 3 smart contract tokens that have outperformed Ethereum in the past 12 months

While Bitcoin has experienced some volatility over the past seven days, some smart contract platforms have done much better.

Of the current $ 271 billion in Total Value (TVL) on DeFi, Ethereum accounts for $ 181 billion (49.16%). In terms of trading volume, ETH has $ 15.5 billion in global swaps, much more than its competitors. It has also seen massive growth of 914% over the past 12 months, while Bitcoin has only hit 299 percent.

As the largest smart contract platform, Ethereum (ETH) has a market value of around $ 553 billion and accounts for 18.7% of the net worth of the entire crypto economy, but several competitors have appreciated significantly in value over the past 12 months.

3 of the top 4 smart contract tokens have seen better growth than Ethereum over the past 12 months

Top 5 smart contract platforms in terms of market capitalization

For example Solana. While it ranks fifth in terms of market cap, it is the second largest chain in terms of smart contracts with an overall valuation of $ 71.2 billion. ETH’s 12 month gain of 914% is decent, but much less than SOL’s gain of 12,337%. Solana’s market capitalization is currently 2.39%. TVL, held in DeFi on the Solana network, is valued at $ 14.22 billion and ranks third on the Binance Smart Chain (BSC).

Cardano (ADA) is the third largest smart contract platform with a market capitalization of around $ 66.5 billion, which is roughly 2.23% of the total crypto economy. It also saw a 1.881% growth over the past 12 months. Regarding TVL in DeFi, Defillama.com’s numbers don’t include statistics for the Cardano blockchain.

The fourth largest smart contract platform is Avalanche (AVAX), which has a market capitalization of around $ 20 billion and $ 625 million in swaps over the past 24 hours. Avalanche is the fifth largest DeFi chain with 10.11 billion TVL. The metrics of the past 12 months show that AVAX has also outpaced Ethereum’s growth with an increase of 2,598 percent to date.

3 of the top 4 smart contract tokens have seen better growth than Ethereum over the past 12 months

Top 10 DeFi protocols over TVL

Chainlink (LINK) is the fifth largest smart contract platform with a total valuation of $ 15.9 billion. Unfortunately for ‘LINK Marines’, Chainlink has not kept up with Ethereum in terms of profitability. To date, LINK has risen 175% in value after hitting an all-time high (ATH) on May 10, 2021. .

Other top performing smart contract platform tokens are Terra (LUNA) with an increase of 15.925% YTD, Polygon (MATIC) with an increase of 10.859% in the last 12 months and Fantom (FTM) with an increase of 14.924% in the last Year.

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