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<h4><strong>Among the notable players in this space are THORChain, GMX, and Solana. </strong></h4> 
<p>In this article, we will delve into the concepts, use cases, and the latest developments surrounding these three coins. Shedding light on their contributions to the world of blockchain and DeFi.</p> 
<h5><strong>1) THORChain (RUNE)</strong></h5> 
<p>Our first coin is <a href="https://thorchain.org/" target="_blank" rel="noopener">THORChain</a>. It is a decentralized cross-chain liquidity protocol that has garnered significant attention in the crypto community. THORChain’s innovative concept lies in its ability to create liquidity pools for various cryptocurrencies, enabling users to swap assets across different chains directly. This eliminates the need for trust in <a href="https://www.altcoinbuzz.io/?s=centralized+exchanges" target="_blank" rel="noopener">centralized exchanges</a> and minimizes the risks associated with custodial solutions.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/THORChain?ref_src=twsrc%5Etfw">@THORChain</a> Weekly #70 <a href="https://twitter.com/search?q=%24RUNE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RUNE</a></p> 
 <p>Topics<br>– Streaming Swaps<br>– <a href="https://twitter.com/EdgeWallet?ref_src=twsrc%5Etfw">@EdgeWallet</a> <a href="https://t.co/pu4yyJDzrt">https://t.co/pu4yyJDzrt</a> <a href="https://t.co/zDy3iNNqxe">pic.twitter.com/zDy3iNNqxe</a></p> 
 <p>— rekt0x (@rekt0x) <a href="https://twitter.com/rekt0x/status/1707953734238761059?ref_src=twsrc%5Etfw">September 30, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>THORChain allows users to trade assets from one blockchain to another without relying on an intermediary. For example, you can swap Bitcoin for Ethereum directly, all while maintaining control of your assets. Also, users can provide liquidity to THORChain’s pools and earn yield through fees generated from swaps. This incentivizes users to participate in the protocol and ensures ample liquidity for the network.</p> 
<p>Additionally, THORChain has been exploring partnerships and collaborations to expand its ecosystem and provide even more liquidity options. In the last 7 days, <a href="https://www.coingecko.com/en/coins/thorchain" target="_blank" rel="noopener">RUNE</a>, its native token, grew 28.7%.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">BNB Smart Chain is live on <a href="https://twitter.com/THORSwap?ref_src=twsrc%5Etfw">@THORSwap</a></p> 
 <p>DEX aggregation to <a href="https://twitter.com/PancakeSwap?ref_src=twsrc%5Etfw">@PancakeSwap</a> baked in<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>Open for Swaps, LP, and Savers<a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw">#BNB</a> <a href="https://twitter.com/search?q=%24RUNE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RUNE</a> <a href="https://t.co/77TffDYBDX">https://t.co/77TffDYBDX</a></p> 
 <p>— THORChain (@THORChain) <a href="https://twitter.com/THORChain/status/1707845397748543488?ref_src=twsrc%5Etfw">September 29, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h5><strong>2) GMX (GMX)</strong></h5> 
<p>Our second coin is <a href="https://gmx.io/#/" target="_blank" rel="noopener">GMX</a>. It is a decentralized prediction market platform that leverages blockchain technology to create a secure and transparent environment for users to make predictions and engage in trading. GMX’s concept is rooted in the creation of prediction markets, where users can bet on the outcomes of real-world events. These events can range from sports outcomes to political elections, making GMX a versatile platform for predictive trading.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">GMX V2 beta is Live on <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw">@Arbitrum</a> and <a href="https://twitter.com/avax?ref_src=twsrc%5Etfw">@Avax</a>! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fad0.png" alt="🫐" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>-&gt; <a href="https://t.co/03RhM4LBou">https://t.co/03RhM4LBou</a></p> 
 <p>– New assets are available for trading<br>– Multiple collateral types can be used<br>– Faster execution speed &amp; lower slippage<br>– Low-fee swaps and trades<br>– Isolated pools<br>– OI balancing and Swap incentives</p> 
 <p>1/5 <a href="https://t.co/Q8QDdd0686">pic.twitter.com/Q8QDdd0686</a></p> 
 <p>— GMX <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fad0.png" alt="🫐" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@GMX_IO) <a href="https://twitter.com/GMX_IO/status/1688201041156718592?ref_src=twsrc%5Etfw">August 6, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>So, prediction markets like GMX can aggregate the wisdom of the crowd. Providing valuable insights into the likely outcomes of real-world events. This can be particularly useful for decision-makers and analysts</p> 
<p>GMX has been making strides in expanding its offerings and user base. One notable development is its efforts to integrate with other <a href="https://www.altcoinbuzz.io/?s=defi" target="_blank" rel="noopener">DeFi protocols</a> and platforms. Allowing users to seamlessly access GMX prediction markets through various channels. Additionally, GMX has been actively engaging with the community. Also, hosting events, and partnerships to boost its visibility and ecosystem.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">GMX has put forth a grant proposal as part of the Short-Term Incentives Program (STIP) of the <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw">@Arbitrum</a> DAO.</p> 
 <p>The aim is to create a foundational trading and liquidity layer that will stimulate broad engagement with <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw">#DeFi</a> on Arbitrum.</p> 
 <p>View the proposal at:… <a href="https://t.co/8J6jGtlTLC">pic.twitter.com/8J6jGtlTLC</a></p> 
 <p>— GMX <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fad0.png" alt="🫐" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@GMX_IO) <a href="https://twitter.com/GMX_IO/status/1707164592751730899?ref_src=twsrc%5Etfw">September 27, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>In the last 7 days, <a href="https://www.coingecko.com/en/coins/gmx" target="_blank" rel="noopener">GMX</a>, its native token, grew 25.4%.</p> 
<h5><strong>3) Solana (SOL)</strong></h5> 
<p>Our last coin is <a href="https://solana.com/es" target="_blank" rel="noopener">Solana</a>. This blockchain has gained recognition as one of the leading high-performance blockchain platforms, known for its fast transaction speeds and low fees. It has become a hub for DeFi projects seeking scalability and efficiency.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Shared sequencers solve the biggest problems for Ethereum's rollup-centric future.</p> 
 <p>But shared sequencer networks are early: untested, lacking existing stake, and often low throughput.</p> 
 <p>Introducing <a href="https://twitter.com/RomeProtocol?ref_src=twsrc%5Etfw">@RomeProtocol</a>: the shared sequencer leveraging Solana.<a href="https://t.co/4wXnNaL2wy">https://t.co/4wXnNaL2wy</a></p> 
 <p>— anil (@anilkumar827) <a href="https://twitter.com/anilkumar827/status/1707822226664468626?ref_src=twsrc%5Etfw">September 29, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Solana’s concept revolves around achieving high throughput and scalability through its unique architecture. It employs a combination of technologies like <a href="https://solana.com/news/proof-of-history" target="_blank" rel="noopener">Proof of History (PoH)</a> and a high-performance consensus mechanism to process a large number of transactions quickly.</p> 
<p>So, Solana has become a favorite platform for DeFi projects, offering fast and cost-effective transactions. Users can participate in lending, borrowing, yield farming, and more within the Solana DeFi ecosystem. Then, Solana has also become a hotbed for <a href="https://www.altcoinbuzz.io/?s=NFT" target="_blank" rel="noopener">NFT (Non-Fungible Token)</a> marketplaces, enabling artists and creators to mint, trade, and sell digital assets efficiently.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Blockchains should be fast, composable, and accessible to anyone.</p> 
 <p>On Solana today, 1 transaction averages just $0.00025. See for yourself with <a href="https://twitter.com/ronnyhaase?ref_src=twsrc%5Etfw">@ronnyhaase</a>'s free, open source tool.</p> 
 <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/lPvNsydmSt">https://t.co/lPvNsydmSt</a><a href="https://twitter.com/hashtag/OnlyPossibleOnSolana?src=hash&amp;ref_src=twsrc%5Etfw">#OnlyPossibleOnSolana</a></p> 
 <p>Try it out, take a screenshot, and post below! <a href="https://t.co/Lq84sBPwdx">pic.twitter.com/Lq84sBPwdx</a></p> 
 <p>— Solana (@solana) <a href="https://twitter.com/solana/status/1707518454839071163?ref_src=twsrc%5Etfw">September 28, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>In the last 7 days, <a href="https://www.coingecko.com/en/coins/solana" target="_blank" rel="noopener">SOL</a>, its native token, grew 25.4%.</p> 
<h5><strong>Conclusion</strong></h5> 
<p>In the world of blockchain and DeFi, THORChain, GMX, and Solana represent three distinct yet powerful coins. Each of these coins contributes to the decentralized ecosystem in its unique way. THORChain facilitates cross-chain liquidity, GMX enables predictive trading and information aggregation, and Solana offers high-performance blockchain infrastructure.</p> 
<p>As these coins continue to evolve and grow, their impact on the broader blockchain space is undeniable. Whether you’re interested in swapping assets across blockchains, making predictions on real-world events, or participating in a fast and efficient DeFi ecosystem, THORChain, GMX, and Solana have something to offer. Keep an eye on their latest developments, as they are likely to remain influential players in the decentralized future.</p> 
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<p>The post <a rel="nofollow" href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/3-coins-that-grew-20-in-the-last-week-of-september/">3 Coins That Grew +20% In the Last Week of September</a> appeared first on <a rel="nofollow" href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

3 Coins That Grew +20% In the Last Week of September

Altcoin Buzz

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